REAL-TIME PAYMENT BLOCKCHAIN

GRAFT Development Status Update January 9th, 2019

Hi everyone, this is our first update on GRAFT development activities in 2019!

With the New Year off to a great start, we are closing in on several important milestones and deliverables in Q1 of 2019.

For the past 3 weeks we have been hard at work on:

  • 1. Preparing to the publish payment gateway, exchange broker, and BigCommerce plugin on RTA alphanet
  • 2. Making solid progress with the Monero 13 merge
  • 3. Working on the new proposed RTA flow based on community feedback
  • 4. Solidifying the development tasks for the Beta launch now that all the uncertainties are removed

In the next three months we’re looking at a very busy and aggressive delivery schedule:

Payment Gateway, Exchange Broker (RTA testnet) ww 3
Selective Monero 13 Merge ww 4
BigCommerce plugin ww 5
Payout broker (RTA testnet) ww 7
RTA on Mainnet Testing ww 8
RTA Mainnet Release ww 11

We’re doing our best to adhere to the timelines, but as usual with complex software development, please allow room for potential delays.

The payment gateway, exchange broker and BigCommerce plugin are critical elements to adoption as they represent the user side of the network. As such we’ll be looking for volunteers to help test these. If you’re interested and equipped to test and provide feedback, please join the TG group https://t.me/joinchat/EneBww74YVjVuyfwCCsidA

The new RTA flow is published here https://github.com/graft-project/graft-ng/wiki/%5BRFC-003-RTVF%5D-RTA-Transaction-Validation-Flow. (Special thanks to Jason, @jagerman42 for contributing and consolidating a lot of the feedback)

We look forward to the next month with lots of hard work, but also lots of tangible results coming down the pike!

Best Regards,

GRAFT Team

About GRAFT Project

GRAFT is a blockchain based payment processing network the functions similarly to a credit card processing network with off-chain authorizations and in-network atomic swap based interchanges. The network is completely decentralized, able to work cross borders and adapting to local regulatory environment.

In addition to decentralization, GRAFT solves four biggest problems that exist in cryptocurrency at a point-of-sale today - privacy, speed, fees, and integration.

Economically, it’s a two layer (proof-of-work and proof-of-stake) blockchain with proof-of-stake based authorizations with participants able to benefit both for mining and staking

Finally GRAFT is open-platform, open-source, non-for profit community project. To support GRAFT Network, please donate BTC to: 39UBccrXeKBtoxeKXPqsXxPFnhzt6bueSY

© 2019 Graft Blockchain
GRAFT Blockchain is an open source, de-centralized, open-platform, non-for-profit, community project with no explicit warranties or support from GRAFT Foundation. Play a part in payment revolution!

To support GRAFT Blockchain Project, donate BTC to: 39UBccrXeKBtoxeKXPqsXxPFnhzt6bueSY