Gitshock Finance

I. Executive Summary December 2022 is the final month fot his Q4. Based on our <a href="https://twitter.com/gitshock/status/1589652068780081152?s&#61;20&amp;t&#61;vuFx7lfM7rjFm0GMTPHw9g" rel="noopener noreferrer nofollow">roadmap </a>, this quarter we have offered GTFX tokens for investors with seed and private rates and showed some demo for our MVPs for mainnet. By the end of 2022, we already closed that opportunity offering and keep building the chains and apps. In this monthly report we’re reporting some progresses we have made during last December.II. Development Progress The Gitshock Buitenzorg testnet chain has been operating stable over the past month, with small issues or disruptions like innacuracy of data shown on scan.gitshock.com. Thus we need to improv the scanner that support the display of block validations. This is an encouraging sign for the project, as a stable testnet is an important foundation for the mainnet launch. Thus, we decided to open a discord channel on our server named [&#x1f577;│bug-reports] for our community.In addition to the progress on the Gitshock Buitenzorg testnet, the team has also been working on the Cartenz Chain, which is being built with some improvements based on the Gitshock Buitenzorg platform. The team is confident that these improvements will enhance the overall performance and scalability of the Gitshock Cartenz Chain.Meanwhile, the team has also successfully built the Cosmos-based Neware chain testnet, which is another exciting milestone for the project. These developments are all key steps towards the eventual launch of the mainnet for both chains with consensus and network flows. <img src="https://cdn-images-1.medium.com/max/800/1*i62IvDouRSTKL7oU7VF-6Q.png" />Gitshock Buitenzorg While we’re building The Cartenz testnet chain, we had several discussions with potentials Validators regarding the Dual Chain One Protocol Validators Terms-and-Conditions. From those calls, we got an insight that they thought our protocol is unique due to the ability to validate on both Cosmos and EVM. One unique aspect of a dual Proof-of-Stake (PoS) system on both the Ethereum Virtual Machine (EVM) and Cosmos is that it allows validators to validate transactions on both chains simultaneously. To reach this goal, we need to finish the development of EVM based client for Gitshock chain that will allow validators to have delegations in their validation just like on light client of Cosmos SDK based chains.We also have introduced the draft of Gitshock Validators TnC for several validators group in EVM and Cosmos and look forward to hearing their feedback.<img src="https://cdn-images-1.medium.com/max/800/1*EP9nQbi88Ruaxx90GyEGMA.png" />In summary, Gitshock Buitenzorg is used for us to calculate the eligibility of limited testnet participant. Cartenz Chain Testnet for running testnets Gitshock Chain EVM and Neware Chain will be used for running cosmos based 3 phases of testnet. During the building of Networks, we are building and mind-mapping some natives apps for Gitshock Chain and Neware Chain using the resources we had. We also need to improve the resources from developer sides, white hustlers and also hipsters to bring this projects live.If you want to join testnet program registration, go to this article: <a href="https://medium.com/&#64;Gitshockfinance/transact-randomly-on-gitshock-test-network-to-be-selected-as-limited-verified-testers-564da69d6afb" rel="noopener noreferrer nofollow">Transact Randomly on Gitshock Test-Network to be Selected as Limited Verified TestersTestnet Registration Form is Here! Apply to get verified!medium.com</a>III. Community Engagement As we know Gitshock Finance is currently branded as a friendly infrastructure project that aims at bringing blockchain infrastructure to their ‘fittest’ users.We saw our strenght is on bringing blockchain automations as Saas company, with open source technology we intent to bring technology back to people and enterprise in ‘competitive way’. Now, we are still do some discussion with validators community across the EVM and Cosmos, potential target market community and collecting partnerships with other infrastructure companies.Since the founder itself (<a href="https://twitter.com/joyy_wibowo" rel="noopener noreferrer nofollow">Joy Wibowo</a>) is a engineer (and also one of early bitcoiner) who mastered EVM smart contract technology. And Gitshock FInance is an interoperable multichain networks who serve for both, we believe we could bring EVM based community, Cosmos IBC community, Bitcoin maxis community in one same room together. We believe Gitshock Community will bigger than what it seems today, and we saw the perfect timing for doing this is once our apps is built and we’re ready to scale up. IV. Marketing and PartnershipsWe unlocked some marketing potentials from social media do joint event with other community, such as Aurora Chain Community. Another partnerships will be announced on early 2023.However the biggest partnerships we had during past months in 2022 are the partnerships with some infrastructure grant from cloud companies such as Microsoft Founders Program, AWS activate program, Equinix metal etc. (more detailed see this<a href="https://www.notion.so/gitshock-finance/Token-Sales-ad22ff21556148c182a3d337751452e2" rel="noopener noreferrer nofollow"> live update</a>).VI. ConclusionOverall, the past month has seen significant progress on the Gitshock Finance, with stable operation and only minor issues to address. The team is working on improving the scanner and validations. In addition, the team is making progress on the Cartenz Chain, which is being built with improvements based on the Gitshock Buitenzorg platform, and has also successfully built the Cosmos-based Neware chain testnet. These developments are all key steps towards the eventual launch of the mainnets for both chains. The Gitshock community has also continued to engage with potential validators and target market communities, and has formed partnerships with infrastructure companies such as Microsoft Founders Program and AWS Activate Program. The team is confident that these partnerships will help to strengthen the project and support its growth. Overall, the past month has been a productive one for the Gitshock project, and the team is looking forward to continued progress in the coming months.<h3 id="about-gitshock-finance">About Gitshock Finance</h3>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).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>

Gitshock Finance | Dec 2022 December 2022 — Gitshock Finance Monthly Report

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