We are in the last days of 2022, which includes the creation process of our project. Posschain started a lot of work to revolutionize the blockchain world. ICO, partnerships, listings… We’ve accomplished a lot with our community. However, on the other hand, cryptocurrencies also took their share from the economic crisis in the world after the covid. It’s been a really long year. As Posschain, we are launching a mobilization in 2023 to make ourselves heard more and to deliver our developments to more people, regardless of market conditions.
We embodied this work by making some changes to the roadmap. Let’s see together:
First, let’s talk about Posschain’s native wallet, POSS Wallet. When we examined the studies and other examples in our community, we came to the conclusion that the interface is not very user-friendly, especially in crypto wallets. We are in the final stages of a highly usable product by combining our technical work with the user experience. Posschain Wallet will be available in Q1 of 2023!
TESTNET IS COMING!
The Posschain testnet will be operational in the first quarter of 2023. During the testnet process, the world will have met the Posschain network for the first time. We look forward to the moment when the technical document written on the pages becomes concrete.
Change begins with CROSS-CHAIN!
It is a very important quarter because in this quarter we will see the early stages of most of the developments underlying Posschain. The first version of our cross-chain protocol is one of the improvements you will see in the first quarter.
Cross-chain or “cross-chain”; It is a technology that aims to maintain uninterrupted communication between different blockchains and in this way connect blockchains. With this technology, isolated blockchains achieve interconnection with each other. The best example of this is how phone companies with different networks can make calls to each other. Blockchains also need this kind of common structure. The more different blockchains can be connected, the greater the efficiency.
WHEN STAKING?
We have previously been involved in various staking programs through Bitmart and Pancake. Now we are bringing it to our network. You know, POSS is a chain that works with PoS consensus. Staking is very important for us. This development, which will be active in the first quarter, will have an understanding that will reward our early investors. Remember, it’s never too late to be early.
ARE YOU READY FOR POSSCHAIN MAINNET?
When we come to the second quarter of 2023, Posschain Mainnet will be active. After the bugs fixed in the testnet process and user feedback, we are planning a smooth launch.
Yet another piece of news in the second quarter:We are planning to create a brand new field for amateur and professional developers with the Development Toolkit, the details of which we have not disclosed yet.
Consensus & sharding optimizations and POSS universal explorer are other improvements in the first quarter.
Posschain Hackathon 2023 was planned by Posschain as an event to try to get the best collaboration on some blockchain topics. There will be surprise names at this event, which is open to all developers around the world. We don’t yet know if the meeting will be physical or online, but what we do know is that it’s an important step in the work to shift the world’s focus to Blockchain.
ALTERNATIVE SYSTEM TO EVM
One of the last and most important enhancements of the 2023 quarter will be the VM (VIRTUAL MACHINE) development.
The Posschain network contains the EVM-inspired virtual machine. Using EVM as a blueprint,
Posschain has created a virtual machine that overcomes the limitations found in EVM to enable the scalable and sustainable development of decentralized applications.
First step for DAO!
One of the improvements we’ve added to our new Roadmap is the voting system. Making the Posschain network more decentralized day by day is our primary mission. We want to design a system that progresses with the community, not the team. We will do this by integrating the voting system into the network as the first step. Posschain investors will have the right to vote on project decisions based on the amount of POSS in their wallets.
We know that democracy is not only about choosing among the offered, but also creating alternatives. Through the platform we will set up for the voting system, you will be able to submit to the voting by detailing the changes or projects you want to be made in the network.
Other important changes awaiting us in the third quarter of 2023 are as follows:
*Storage sharing protocol
*Fast state sync and re-sharding
*Cryptography engine
*Consensus engine
Teleport to WEB 3.0 with Posschain!
One of the most important parts of the new roadmap is WEB3.0 integration, which we will do in Q4. This Javascript-based integration has the potential to revolutionize the blockchain. We will examine this development in more detail in a future article.
The developments planned for the last quarter of the year are as follows:
On-chain governance
IPFS integration
Web3.js integration
Randomizer engine
