To honour our Media Partnership with Gath3r we bring you this week’s Gather Update 3/8 to share all of the updates the team have been working on:
We’re excited to release the latest issue of our weekly update blog, covering everything from marketing, partnerships, tech and other general developments.
As such, here are some of the most important updates from this week we wish to share with you:
Fundamental Analysis Report Coming Out Shortly
- As previously announced, one of the most comprehensive analyses made on Gath3r, will be coming out in the next few days. It has been completed by the guys at Proof of Review and will be shared on all of our social channels as soon as it’s officially published. Don’t miss out and delve into the intricacies of the Gath3r ecosystem.
First Enterprise Partnership
- Gath3r is very close to unveiling its first enterprise partner. Introducing a new revenue stream, through offering a unique solution through our platform to take advantage of the computing power gained from publishers and applications to the benefit of their business by reducing the operational costs of processing their data both on-premise and in the Cloud. The solution in question is named Compute Power As A Service (CPaaS). CPaaS is an alternate mechanism/alternate source of computer power at a significantly lower cost and higher flexibility in use, coming from one of Gath3r’s network of publishers.
Summary of Last Update
We were up with our own parent and child vanilla blockchains and were evaluating different open source software for mining-pool trying to find the right fit for our scenario. A live demo of both chains was successfully presented to the entire team.
Progress Since Last Update
Good news! Over the past two weeks we have continued experimenting with different options available out there, and finalized merged mining between the two GTH blockchains. We have used NOMP for the mining pool along with the CPU miner, for now. That’s a major milestone accomplished and completes our PoC for merged mining. Take a look at below’s diagram for a visualization of the process:
As presented in the last tech update, the approach has been centered around the fact that users that will develop their new blockchains through Gath3r and automatically forking from the auxiliary chain, would inherit the codebase and hence the ability to merge mine with the Gath3r parent. Following up, the next logical approach has been to test and experiment all available solutions out there in order to reach this milestone which will prove invaluable for the coming building blocks of the platform.
Using CPU miner hashes are generated and submitted to NOMP, as seen below:
The Child Chain ( GTHXcoin ) hash
The below image shows the Child Chains’ ( GTHXCoin ) hash included in the Parent Coin ( GTHCoin ):
Based on the approach we are following that was shared a couple of weeks ago, the next step from here is to integrate this PoC outcome with the Web Miner solution that was developed earlier and is in use currently. That would also require us to change the algorithm for the just concluded merged mining PoC and use the one that’s compatible with the web miner.
These are the latest updates from this past week, stay connected until next week, when we will be releasing a new one with even more exciting news.
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The Gath3r hybrid blockchain supports GTH-producing nodes, as well as a turn- key solution enabling anyone to easily start developing on Gath3r, with the in-built functionality of smart-contracts. The more child chains, the more interoperability. This allows the creation of new applications or platforms easily. These features, along with the unique Merged Mining ability, contribute to increased profitability, chain security and decentralization.
More Gath3r Content:
HASHR8 Podcast – Reggie Jareth, Gath3r CEO
*Disclaimer – Gath3r are our Media Partners and therefore this content is sponsored by them. The fees paid by this project are used to pay for The Daily Chain salaries, dev work, hosting services, travel expenses etc.. that are required to make this company a success and continue to provide the community with great content on a daily basis.
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