Bullboard - Stock Discussion Forum eXeBlock Technology Corp C.XBLK.X

Alternate Symbol(s): EXXBF

Blockchain

eXeBlock Technology Corporation is a Canada-based company. The Company has no revenue from operations. The Company is proceeding with its review of alternate business opportunities.

Add To Watchlist

CSE:XBLK.X - Post Discussion

eXeBlock Technology Corp > News Release - October 3rd, 2018

View:

Post by YoungInvestor89 on Oct 03, 2018 11:34am

News Release - October 3rd, 2018

eXeBlock Unveils eXeChain, a New Scalable Blockchain Platform Designed to Run Multiple Smart Contracts Within the Same Platform Vancouver, British Columbia--(Newsfile Corp. - October 3, 2018) - eXeBlock Technology Corp. (CSE: XBLK) ('eXeBlock' or the 'Company') is pleased to announce the development of a new Blockchain platform "eXechain". The platform is designed to support and run Solidity (Ethereum) smart contracts at 1000 times faster than the Ethereum based blockchain platform and will also support WASM (EOS) smart contracts. "Developers will be able to develop DApps more efficiently and at lower costs using eXechain. This will create a scalable "execution" path to mass markets by supporting current Ethereum and EOS blockchains in earlier stages of development. eXeBlock will be releasing a white paper and MVP describing the features of the new blockchain in the coming weeks," said Jamie Davison, President and CEO, eXeBlock Technology Corp. eXechain will incorporate sidechain technology that will enable native Bitcoin owners to transact on the platform. This will open up new possibilities for high value smart contracts.The addition of an Ethereum sidechain will also enable all tokens that currently reside in ETH to transact over eXechain. eXechain will incorporate an advanced consensus mechanism called Gamified Proof of Stake for greater security and better incentives for network participants. More features and technology insights will be presented in a webinar later this month, details to be posted on the company's website and via social media. "The eXeBlock team has been working hard to create a Blockchain platform that will enable scalable and executable DApps with cross chain capabilities. We're excited to continue the development and work with partners to launch the chain in the near future," said Davison. To receive regular updates on our business, please follow us on Twitter @eXeBlock or sign up to our email list on the front page of our website, www.exeblock.com. More Information, please contact: Tara Wickwire info@exeblock.com

119

Comment

Comment by GranCru on Oct 03, 2018 2:58pm

It's would be great news if PBSA wasn't still waiting for the sidechain code / if 5050labs was on the testnet / if freedomledger was somewhere. I mean it just seems like they keep on starting new project but can't finish or focus on one. It's not like they have 100 of millions in the bank ... time is ticking and we will see at the end of the month exactly how much time we have left ...more

Comment

Comment by YoungInvestor89 on Oct 03, 2018 3:09pm

I'm not sure what you mean. 5050 Labs is on testnet, you can download the mobile app and try it if you wish. I don't have the link handy but I believe it is on the Peerplays website. The sidechain code may not be open source. Freedom Ledger is most likely farther along than you think. I would urge you to dig a little deeper.

Comment

Comment by GranCru on Oct 03, 2018 3:46pm

The sidechain has to be reviewed by PBSA and after that reviewed by the witness before going any further. They still have more project than they can handle IMO. and you are right for 5050labs my bad, I forgot about it.

Comment