WAY2BIT [CEO Song Gyehan], developer of blockchain-based digital content platform BORA, held a project meetup at the DECENTRE blockchain café in Gangnam, Seoul on November 22nd. More than 100 blockchain enthusiasts and partners were invited to participate.
The meetup began with a greeting from WAY2BIT CEO, Song Gyehan who provided a status update on the BORA blockchain platform. He also discussed the future business direction of the ecosystem as well as the status of partner projects that are currently in development.
WAY2BIT CMO, Lee Seung-hee announced plans to list the BORA token on exchanges later this year. He explained that they are currently in negotiation with a number of local and foreign exchanges and are preparing for listing before the end of 2018.
WAY2BIT CTO, Lee I-Goo introduced the BORA public beta named BORA LAGOON, which launched in Q4 2018. He further explained that the team is focused on development of the main BORA release, which is expected to launch in Q2 2019.
The BORA ecosystem uses a dual blockchain structure which consists of an idyllic Mainnet and multiple sidechains. Each side chain set can handle 2,200 TPS [transactions per second]. The BORA solution is modular and expandable.
For example, a five-set sidechain would have a capacity of 11,000 TPS by utilizing the 2,200 TPS per side chain across all five sets. Lee I-Goo also explained that there are no structural limitations for side chain expansion, so performance can theoretically be expanded indefinitely.
In the second section of the meetup, partners presented on various areas such as gaming, music, webtoons, healthcare, and real estate. They also provided updates on partnership progress.
CEOs and high-ranking officers from companies such as BlockWater Capital, Emong Games, ENP GAMES, Neon Games, SUPERTREE, UNIT5, Assum Ventures, HURAY POSITIVE, MODU TOWN, WISEPEER, and INFOSEED announced partnership cases with BORA, citing the platform’s flexibility.
WAY2BIT CEO Song Gyehan provided his closing remarks:
“Thank you for your interest and support during this meetup. We will concentrate on the development and expansion of the BORA system which anyone can use in fields such as gaming, music, webtoons, healthcare, and real estate, in addition to the area of digital currency. Thorough testing is conducted continuously to provide stable and reliable service.”
Founded last December, WAY2BIT is the developer of blockchain-based digital content platform BORA whose team consists of staff specialized in platform development, infrastructure deployment and operation, service system development, and game creation and services.
As a blockchain platform based on the BORA token economic structure, BORA can be used in a variety of industries such as gaming, music, and digital entertainment, making it possible to build digital ecosystems and transparently circulate digital content.
BORA is being developed with the goal of improving the reliability of existing digital content platforms and developing a stable and reliable platform for users to recognize the value of digital assets.
To learn more about BORA, please visit the links below:
Party for the POC Believers – A New Consensus, a New Era
One of the most influential blockchain conferences – Consensus 2019, has just ended. Leading figures from all over the worlds of business and technology are still discussing the stories that emerged during the event, on the blockchain market, tech development and more.
Consensus is the core spirit of blockchain. The Consensus conference is named after this principle. While paying tribute to the technology, it inspires people in the blockchain industry to communicate, innovate and solve problems.
After attending the Consensus conference, the BHD Community held an invitation-only party, ‘New Consensus, New Era’, at the Hilton Hotel NY on 14th May. This party gathered people from all over the world who believe in POC consensus, hard disk mining, and BHD, and gave them a good opportunity to connect in person.
Gary, BHD Community Initiator and Hpool COO, stated,
“The POC consensus adopted by BHD will lead a new era. Compared to ASIC mining, hard disk mining costs much less. The hard disk is also the most decentralized mining hardware in the world.”
He believed that only POC could realize the initial vision of Nakamoto – ‘one person, one vote’ – and called on people to join the POC ecosystem.
The attending investors and practitioners had deep discussions on the POC consensus and showed high recognition and interest.
[Network Session at the Party]
[BHD at Consensus 2019]
[photo with the visitors]
In the era of POW, BTC was at the forefront of the scene; now the rise of POC brings a new trend. BHD is the pioneer of this revolution, with new consensus and new mining structures. BHD will become the ‘BTC’ of the POC consensus mechanism.
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