Home / Crypto Currency / BORA Project Progress Update

BORA Project Progress Update


Advertisement
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

As shown on the project roadmap, the BORA team will launch a prototype of the BORA ecosystem in Q4 2018 with two operational applications. This prototype represents the platform’s first beta version and will be the first time that developers and users get to see the BORA development toolkit and block explorer. Both features are essential to the project. The block explorer will be used by BORA chain participants to track transactions and check the overall status of the ecosystem. The development toolkit is equally important as it contains the tools for developers to create content that they will share with users.

Also in Q4 2018, the project will release their back office beta and build the infrastructure for services. This is a demo version and though the public will get a first look at the ecosystem, it does not mean it is live. The team will conduct further UX/UI research and look into the platform’s interoperability, as well as begin to make improvements to ensure users are getting the best experience.

In Q2 2019, the BORA team will officially release the BORA portal. This is arguably the most important release as it includes the main chain and will provide a fully functioning platform that content developers and users can use to start creating, sharing, and viewing content. The BORA Ecosystem 1.0 will include a development toolkit, block explorer, and back office and partner portals. The development team will also take the opportunity to measure performance of the BORA blockchain and work to enhance its scalability, speed, and efficiency. Additional features will be added and updated as project development continues.

Q3 2019 is when the BORA team plans to officially launch the mobile app version of their blockchain platform. This is an important milestone for project adoption as the BORA ecosystem will instantly become more accessible to users and developers. During this period, the team will release updates to their development toolkit and introduce the BORA incentive program. They will also expand their market reach through global services and internationalization. The BORA team will continue to develop their UX/UI to keep their systems looking good and working effectively.

The current roadmap ends in Q2 2020 with BORA Ecosystem 3.0. This version will contain all planned features of the BORA ecosystem including BORA Arcade. This release will include another update to the development toolkit and version 2.0 of the partners portal. Payments will start, and the team will begin their token swap. R&D will continue for common algorithms and decentralized governance.

Currently, the project has completed the Q2 2018 BORA Token generation milestone and has entered the Q3 phase of the roadmap. The project is undergoing research and development of the alpha version block explorer. Current progress can be viewed on the BORA project GitHub: https://github.com/boraecosystem

For more information about BORA:

Website: https://www.boraecosystem.com/

Testnet Lagoon: https://developer.bora-lagoon.com/en

Telegram: https://t.me/boraofficial

Twitter: https://twitter.com/bora_ecosystem

Medium: https://medium.com/@BORA_Ecosystem

Reddit: https://new.reddit.com/r/Bora_Ecosystem/

Email: [email protected]

Read more

Check Also

Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.