Dear X-Network Community,
During this summer, and despite some well-deserved vacation, the team has been quite active and significant progress has been made.
Products & Technology
The X-Bank remains one of the primary features of our ecosystem by allowing easy management of XCASH for our users. During the lasts two months the team has been able to deliver some upgrades:
iOS app (soon in App Store)
X-Bank security and reliability improvements (networking improvements, internal authentication of services, applications access control, etc)
X-Bank balance operation processing engine (in progress, will be used for payment gateways and X-Payment integration)
2FA process improvement (released soon)
Due to many feedbacks regarding the 2FA process, where users could activate it without having scanned the code in 2FA authenticator, we have performed some modifications to make it more user-friendly. The focus is now on improving the infrastructure in anticipation for the X-Payment onboarding (and some other features).
We would like to thank all users who participated in the X-Payment alpha, as well as the communities who accepted to help in this testing phase. We are now working on the Beta version which will include the following additional features:
Community Management Fees
Gaming Pool ( ← This one is really nice )
Instantaneous Onboarding of Communities
The targetted release date for X-Payment 0.1 Beta is set for October 30th, 2019. We really think you will like it. On another note, the X-Payment website is coming!
As teased in the summer, we have worked extensively on the X-Cash documentation. We are currently finalizing the last details about it and it should be ready to be shipped before the end of the month.
In the context of the DPoPS & X-Payment Beta release, we are also adding step-by-step guides and additional resources. The goal of the documentation is to aggregate all X-Cash related information in a single place and facilitate the use of our products for all users, whether they are beginners or more experimented.
For our 1 year anniversary, we gathered at Le Perchoir in Paris. It was great to see you and particularly appreciated our ambassadors who traveled to Paris. This event was also the opportunity to announce the release of our new yellow paper about DPoPS. After one year of operation, we realized all the progress made and this is making us even more excited for the future.
During the summer, we have started to give hints on our social media about the contributor program. The fact is that the open-source component of X-Cash is becoming more and more prevalent as many members of the community are already assisting the core team on the development and community actions.
Thanks to your feedback, we realized that despite some of you were already contributing, many people wanted to join without knowing specifically how to. In addition to this, we have a very specific vision of how contribution should be valued in a cryptocurrency project. Since we have allocated funds from the start to the bounties & airdrop program, we believe that the funds should be shared with the community helping us build this project.
Therefore, we want to launch a program to onboard each contributor on a specific level and in the fairest manner. While basic contribution will be still made at the discretion of users, we will offer additional levels of contribution for the ones who are interested.
To give you the general guidelines, we have identified three levels which will lead to potential compensation:
- level 1: delivery based compensation
- level 2: monthly based compensation
- level 3: monthly based compensation and coin stake in the team pool
In addition to the above, each level will grant access to more resources within the team such as internal chat conversations, team calls … etc.
The ultimate goal is to have the best contributors joining the board of the X-Cash non-profit association and have them take part in the key decision related to the project.
If you are interested to join, stay tuned as there will be a full announcement in October. In the meantime, keep contributing or assisting us in all the ways and do not hesitate to reach out to a current team member to express your interest in participating.
The last two months have been quite intensive for the team. While the core of X-Cash remains the primary focus, with the release of dPoPS notably, we keep working on the ground components of the community products through X-Payment and X-Bank. This is done in parallel of our B2B solution targetting shareholders assembly meeting that we will launch in 2020.
We are witnessing more and more involvement from the community on Discord who want to be part of the project and assist the development.
We are still making a lot of reflection and work on the deep structuration of the project and the X-Cash non-profit association along with the contributor program will be the next stone to be added.
The pipeline of projects remains loaded with a lot of delivery to expect in the next two months. More than ever, we are committed to make this project a success and we would like to reiterate our gratefulness to all supporters and early adopters. Let’s keep building this together.
Follow us on Twitter & Join the rest of the community on Discord
The information provided on this article does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the article’s content as such. Nothing in this article should be taken as an offer to buy, sell or hold a cryptocurrency. Do conduct your own due diligence and consult your financial advisor before making any investment decision. X-Network will not be held responsible for the investment decisions you make based on the information provided in the article.