Progress Report Sep 12-Sep 18

Key points:

• Live AMA session with StealthEX
• REI DAO Hard Fork is rescheduled to 15774234 block height
• Gameta and PayCoin Capital joined forces with REI Network

A. Product Development Progress

REI-CORE

-Fix the problem that the rei gnosis mainnet cannot be created and cannot be imported @100%

-Investigate the compatibility and composability of zero-knowledge proofs of mainstream layer2 solutions @50%

REI-DAO

-Migrate entrusted validators @100%

-Modify DAO’s subgraph @100%

-Renews the ticket of validators and synchronizes the new validators @100%

-Assist the upgrade of validator operators @100%

-Optimize the API/Miner interface, add a layer of cache between the front-end and the server, and improve the loading speed of validator list @100%

B. Operational Progress

• REI DAO Hard Fork: Good things take time. The dev team has been hard at work in making sure the #REINetwork Upgrade is a success. https://github.com/REI-Network/rei/releases/tag/3.0.2. As per the latest network status, the team is recommending that the Hard Fork be rescheduled to 15774234 block height as to include an improved user experience.
• Didn’t manage to join our AMA with StealthEX on Sep 14? We prepared the recap special for you! Check it out: https://twitter.com/StealthEX_io/status/1702351439312425227. Youtube record: https://www.youtube.com/watch?v=ZtgW8_qx_8A&t=1065s.
• REI Network Educate: The Rewards of Being A Validator on REI Network. Validators are vital for REI Network. They secure the blockchain, handle transactions, and execute consensus. Staking is key for the network’s security and performance. Let’s dive into the staking rules and rewards for being a validator: https://twitter.com/GXChainGlobal/status/1701846130752127152.
• “The addition of the $REI to StealthEX’s portfolio accentuates the coin’s undeniable potential and the visionary ethos of the REI Network.” as CryptoDaily referred. It’s an invitation to StealthEX users to be part of a token that’s geared to reshape the future contours of crypto. Details: https://cryptodaily.co.uk/2023/09/rei-x-stealthex-collaboration-undeniable-gain-for-the-crypto-community-and-future-opportunities.

C. Ecosystem

• Welcome Gameta to our ecosystem! As a multi-layered NFT gaming platform, Gameta and REI Network will shape the future of GameFi and NFTs with high-performance and developer-friendly tools. Get ready for an epic fusion of entertainment, innovation, and limitless possibilities! Details: https://twitter.com/GXChainGlobal/status/1701172075535520051.
• We are happy to announce that PayCoin Capital — a leading Web3 marketing and fundraising firm that is revolutionizing the way early-stage startups grow their communities and onboard into the Web3 market. Let’s revolutionize Web3 and crypto Marketing and Fundraising! Details: https://twitter.com/PayCoinCapital/status/1701977255541428587.

Join the REI Network Community

REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free, and dev-friendly. REI Network is to effectively solve the current high-cost and low-efficiency problems of public chains. Therefore, REI Network can achieve free, low-cost development, and rapid migration of applications, and can be shared and symbiotic with the EVM ecosystem, also supporting the development of Defi, GameFi, and NFT.

Users can access the REI token on:

Binance | Huobi Global| Upbit | Bithumb | Bittrex

If you are interested in participating in our community and receiving timely updates from the following official channels:

Twitter | Telegram | Medium |Github | Reddit | Website| Discord

Hard Fork Rescheduled, Gameta and PayCoin Capital Joined Ecosystem was originally published in REI Network Project on Medium, where people are continuing the conversation by highlighting and responding to this story.