Gitshock Finance

The month of November has passed in the blink of an eye, thus it’s once again time for our monthly report! We are entering December 2022 with more confidence and many achievements of ours are just unlocked last month. We made some progresses on Gitshock Chain EVM, non-custodial mobile apps, Gitshock Bridge, potential validators partnership, ICO information subscription, network consensus Term and Conditions, and many more.<h2 id="header-0">Some Progresses We made on November</h2><ol><li>Gitshock Chain Testing Nework just surpassed its first 2 Mn transactions.</li></ol>The development of Gitshock Chain Testnet is aimed at preparing limited testnet tasks on Gitshock Chain testnet and Neware Chain testnet. Transaction frequency will be one of our criteria to put users’ addresses on winner list.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/68d995e3bce04363a544bb959870f237.png" />2. Gitshock Labs started the development of non-custodial multichain WalletBuilding web3 wallet is already part of our roadmap tasks. Gitshock Wallet will be launched in mobile app and chrome extension version that will support multi chain assets including Gitshock Chain based Assets. The Wallet is renamed with Kangaroo Wallet or (in short) Kang Wallet. We renamed Kangaroo because it’s kind of animal that keep its baby safe inside its belly, in hope that users will be able to keep their crypto assets on multiple chains safely using this wallet. This is the logo of Kangaroo Wallet.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/47ff57249b144d5793d97d4f04c9a74f.png" />3. Gitshock Labs started the development of Gitshock BridgeGitshock Bridge will be built as one of bridge solutions that will allow interoperability between target chain and source chain. With gitshock bridge you will be able to transfer $GTFX token without wrapping it into something else in another chain, due to the burn-and-mint bridge mechanism. We already minted GTFX on several EVM chains, but the first pair we tested is between Gitshock Chain Testnet and Polygon Mumbai Testnet. By using this mechanism we expect faster bridging execution and lower risk.4. ICO information subscription is openFrom non-technical development, especially financial side. We are still looking for venture partners, angel investors and potential upcoming validators who want to participate and contribute in our upcoming roadmap we’re going to run.For you as public participants who are waiting for public token offerings. You’ll get the information earlier by sending us your e-mail address through this link &#61;&gt; I<a href="https://3obxrhzeucr.typeform.com/to/dI4roRYj?typeform-source&#61;t.co" rel="noopener noreferrer nofollow">CO Information Subscription link.</a>5. We Started Arranging out Dual Network Consensus ModelGitshock Chain and Neware chain will have 100 validators at the first year after mainnet. Validators will have several priviledges, duties and benefits. We’ll select the validators based on several criteria such as engineering resource, social goods resource and community resources. There are also tiers. We can read more about validators information on upcoming term and condition for validators publication.We already had several meetings with blockchain validators who also contribute in PoS consensus on top blockchains such as Evmos and Aptos. We discussed many things and explained several clue about Gitshock Dual Chain consensus mechanism/system (that we’ll explain more detailed information for them once it’s ready). If you’re part of validator organization you can mail us through (partnership&#64;gitshock.com) to propose some quick calls regarding Gitshock Networks validation model.6. Testnet information UpdateWe also started to define the testnet tasks rules for both network. The timing of them, the number of limited participants and the pool rewards for node testnet participants and products/apps UX feedback winners. We’ll publish the registration form as soon as possible once the node and product are ready.<h2 id="header-1">About Gitshock Finance</h2>Gitshock Finance is a blockchain project created on Cosmos which aims to assist people in building new smart contracts, tokens and private blockchains w/o codes. Gitshock finance builds on Cosmos and several top EVM Chains (Binance Smart Chain, Ethereum, Polygon, Solana, Avalanche, Aurora, Metis and Fantom).We are now developing Gitshock Chain EVM and Gitshock Bridge and will be preparing a testnet program for our community and still need your assistance to become our new investment partners. If you believe in writing Smart Contract, Private Blockchain and DEX with drag and drop style without coding. Angel Investors, Startup and Web3 VCs are welcome. Reach us for potential contributions through partnership&#64;gitshock.com .Follow our Updates:<a href="https://www.gitshock.com/" rel="noopener noreferrer nofollow">Website </a>| <a href="https://t.me/gitshocks" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://instagram.com/gitshock_finance" rel="noopener noreferrer nofollow">Instagram </a>| <a href="https://discord.com/invite/3RTWfwJQGj" rel="noopener noreferrer nofollow">Discord </a>| <a href="https://twitter.com/gitshock" rel="noopener noreferrer nofollow">Twitter</a>Join Our Forums:<a href="https://discord.com/invite/3RTWfwJQGj" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://community.gitshock.com/" rel="noopener noreferrer nofollow">Gitshock Community </a>| <a href="https://t.me/gitshocks" rel="noopener noreferrer nofollow">Telegram</a>Contribute to our Repository:<a href="https://github.com/gitshock-labs" rel="noopener noreferrer nofollow">Gitshock Labs</a>

November 2022 Recap of Gitshock Finance

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