Gitshock Finance

<h3 id="overview">Overview</h3>We are entering March 2023 in line with new progresses we have made during previous month. Once-again, as a dynamic protocol, Gitshock Finance is constantly developing to reach our goals. Gitshock Finance is a blockchain protocol that aims to create a hub between Ethereum Virtual Machine (EVM) based public chains and Cosmos, which is a hub between public and private chains, as well as between crypto users and non-crypto users. The protocol aims to offer interoperability, scalability, and user-friendliness to the blockchain space.In this report, we’ll explain some developments in some areas as follows.<h3 id="strong-development-strong">Development</h3>In the previous month, Gitshock Finance made significant developments to prepare for its upcoming testnet phase 1. Those developments are.a. Closing the testnet registration formWe started collecting testnet candidates since early <a href="https://scan.gitshock.com/" rel="noopener noreferrer nofollow">Buitenzorg Chain</a> by transaction frequency competition and github profile submission. We’re still evaluating the candidates and will publish it during 2 weeks before we started the testnet phase 1 (EVM Chain).This testnet phase will allow users to test the protocol’s functionalities and help identify any bugs or issues that need to be addressed before the mainnet launch. Developer now can check out the repository we just published on our Github and start monitoring the codes we’re using for upcoming testnet Chain (Gitshock Cartenz).<a href="https://github.com/gitshock-labs/testnet-validator-list" rel="noopener noreferrer nofollow">GitHub - gitshock-labs/testnet-validator-list: This guide provides step-by-step instructions on how…This guide provides step-by-step instructions on how to participate as a validator on the testnet of the Ethereum and…github.com</a>b. Developing the Consensus Layer of EVM ChainWe forked ETH 2.0 for Gitshock Cartenz with Go-ethereum as execution layer and Lighthouse for the consensus layer. The consensus layer will become a place where validators can take part in block validation and then receive rewards from that. However we still need to add delegation button to make our EVM chain more democratic and everyone as token holders can take part in the governance when we go mainnet.c. Our Testnet Chain (Gitshock Cartenz is now supported in Thirdweb platformThirdweb just added our testet chain in their platform, so everyone can create smart-contracts, NFTs, and fungible tokens through this platform without codes.<a href="https://thirdweb.com/gitshock-cartenz-testnet" rel="noopener noreferrer nofollow">Gitshock Cartenz Testnet (tGTFX) | RPC, Smart Contracts, Blockchain SDKsDeploy smart contracts to Gitshock Cartenz Testnet and build dApps with thirdweb&#39;s SDKs. Discover tGTFX RPCs, dApps &amp;…thirdweb.com</a><h3 id="strong-operation-strong">Operation</h3>Gitshock Finance is a blockchain and web3 startup, in operates for innovation and decentralization. Some developments we’ve made to keep operating is.a. Gitshock is now partnering with NVIDIA through Inception programWe published out partnership with NVIDIA and some benefits we received through this partnership. By becoming a member of inception we’re thrilled to improve our EVM blockchain building automation from low-codes in under 30 minutes to be instant through AI experiments. We believe that AI and ML can accelerate this automation by simple chat or commands, so in the future the barriers between blockchain and non-developer entities will be gone.b. Gitshock is Partnering with Auth0During Feb 2023 we also been starting a <a href="https://medium.com/&#64;Gitshockfinance/gitshock-finance-is-now-a-partner-of-auth0-by-okta-d53b47ecb8b7" rel="noopener noreferrer nofollow">partnership with Auth0</a>. As a startup company, we will use Auth 0 for improving the data security of our platform, so users can keep enjoying web3 without any doubt.c. Gitshock Finance is still looking for decentralized validators and institutional ValidatorsBy the end of February from our target of maximum 1st year validators (100 entities), ~30 validators already submitted their application. We’ll keep opening the form until a month before the mainnet. Gitshock EVM will go mainnet 1st and we’re enteting a waiting period. Take a look to this form, if you’re interested to learn about <a href="https://medium.com/&#64;Gitshockfinance/gitshock-chain-and-neware-chain-dual-pos-validators-offering-8b56fe4c0aec" rel="noopener noreferrer nofollow">this application.</a>d. Code-auditing planAs a tech provider we plan to have a code-audit for our private and public service. We plan to have partnership with blockchain audit to help secure our enterprise service and circle chain platform. Due to high building speed in only under 30 minutes, we believe in the future in a month we can assist more than 10 enterprises entities to adopt blockchain and web3 technologies faster than other platforms. Thus, to keep our partner safe, high security is needed. We plan to do so after we raised funds from ICO sale.GTFX Updatesa. ICO SubsciptionAlthough some of GTFXs are distributed via airdrops, testnet rewards and and marketing allocation, we plan to raise initial coin offering to keep building our dual PoS public chains, the dapps and blockchain innovation. We’re in talks with credible and potential launchpads and market to help this plan happen in around Q2 2023. If you need to see web3 world grow faster with us, subscribe to our ICO info by submiting email address <a href="https://3obxrhzeucr.typeform.com/to/dI4roRYj?typeform-source&#61;mail.zoho.com" rel="noopener noreferrer nofollow">here.</a>b. Transparency is always 1stGTFX is planned to become a deflationary coin. No burning plan to keep the ecosystem scale, instead users can move GTFX across 10 different chains via Gitshock Bridge using mint-and-burn mechanism, a safer bridging way than colateralization. To keep become transparent, we published our resources <a href="https://www.notion.so/gitshock-finance/Get-your-GTFX-ad22ff21556148c182a3d337751452e2" rel="noopener noreferrer nofollow">here</a>, including GTFX, clouds and protocol tokenflows.<h3 id="strong-follow-our-updates-strong">Follow our Updates</h3><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>Follow our Updates (Auth0):<a href="https://auth0.com/" rel="noopener noreferrer nofollow">Website </a>| <a href="https://www.instagram.com/weareauth0/" rel="noopener noreferrer nofollow">Instagram </a>| <a href="https://twitter.com/auth0" 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://forum.gitshock.com/" rel="noopener noreferrer nofollow">Gitshock Forum DAO</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><img src="https://cdn-images-1.medium.com/max/800/1*2M27kybln_EoOr9Gd_dRfw.png" />

February 2023 Recap of Gitshock Finance

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