What is GXChain? GXChain is a foundational blockchain for the global data economy, designed to build a trustworthy and valuable internet of data.
Benefiting from the DPoS-based architecture underlying graphene, GXChain possesses features including G-ID, GVM, BaaS, and Blockcity, which are convenient for application development. Reportedly, GXChain-based DApp-Blockcity has over two million verified users and provides data for other DApps and strategic partners. GXChain has launched a decentralized data marketplace and serves hundreds of Chinese companies. The GXChain team independently developed its core network and launched it in June 2017. Based on decentralization, cryptography and smart token design, GXChain provides a solution for data economy by developing multiple data modules . Loading, archiving, calculating and exchanging data has been done gradually with many commercial applications. Currently, GXChain claims to have 2 million verified users in its DApp ecosystem. Recent Developments - Continued Mainchain Iteration: GXChain launched the staking mechanism and upgraded the voting mechanism from a multi-vote token to a single-vote token, making each public chain governance vote more valuable.
Trust Node Ecosystem: The choice of Trust Node has also attracted public Trust Nodes such as Huobi Pool, Binance Pool, NodeEasy, and South Korean investment firm Hillstone. GXChain Stake One Vote Token: The account can vote for no more than three candidate nodes, but each GXC is treated as one vote and can only vote for one node. GXCs participating in the public trust node vote will be committed to their portfolios and if assets are transferred, they will be considered withdrawn. The first 21 nodes with the cumulative ticket weight will automatically be chosen as publicly trusted nodes. How can you participate in GXChain staking? GXC on the BlockCity Wallet can vote on public trusted nodes through the BlockCity voting channel.
- Vote in GXChain Mobile Wallet and PC Wallet: GXC in GXChain Mobile Wallet and PC Wallet can vote for trusted nodes.
- Exchanges: If the user's GXC is in an exchange wallet and the exchange supports GXChain public trust node voting, this method can be used to vote.