Topic: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform (Read 1144140 times)

Halifax, Nova Scotia--(Newsfile Corp. - February 15, 2019) - eXeBlock Technology Corporation (CSE: XBLK) ("eXeBlock" or the "Company") today announces it has entered into a purchase agreement (the "Agreement") with Peerplays Blockchain Standards Association ("PBSA"), Data Security Node Inc., Fallout Complex Inc., 10353027 Canada Corporation ("10343027"), and Jonathan Baha'i.

Material terms of the Agreement include:

Sale of software including 50/50 Labs, Sidechain and eXeChain (collectively, the "Software") to PBSA for the payment to eXeBlock of $250,000 in cash (the "Cash Consideration") plus applicable taxes, on closing;

the assumption by PBSA of amounts owing by eXeBlock to a third party developer in the development of the Software totaling $463,419 USD;

the purchase of up to 9,965,000 common shares of eXeBlock held by 10343027, an entity wholly-owned by Jonathan Baha'i (which represents approximately 16.6% of the Company's common shares outstanding as of February 15, 2019) for cancellation by the Company (the "Share Reduction") for an aggregate amount not exceeding $1.00;

the termination of the software development agreement between eXeBlock and PBSA on closing and release by eXeBlock in any interest in any consideration, including any PPY tokens, if any, which were to be transferred as payment for software development under such agreement;

the forgiveness of amounts owing by eXeBlock to each of Data Security Node Inc., Fallout Complex Inc., and Jonathan Baha'i for certain equipment, furniture, fixtures and Company expenses totaling $74,912.35; and

the termination of the bunker lease between eXeBlock and Fallout Complex Inc. on closing, (collectively, the "Transaction").

A little background...

In December of 2017, eXeBlock had entered into an agreement to deliver four Dapps to the Peerplays Blockchain Standards Association over the next two years. The recent transaction shows that PBSA did not receive delivery of the Dapps that were expected. Instead, eXeBlock opted to divest of its coding assets, specifically the 5050Labs and BTC Sidechain Dapps, and a new blockchain codebase they called XChain. In support of eXeBlocks new direction, when eXeBlock expressed its interest in divesting, it was in PBSA’s best interest to make an offer, which eXeBlock accepted.

[Snip]

PBSA, with the acquisition of the two Dapps, anticipates after a public peer review of the code to have those features available to the mainnet of Peerplays in Q2 of this year.

Senter Reinhardt:
Hey folks!
I have some good news with some important details. Please read!

About 4 hours ago the hard fork time for Peerplays passed. This was the deadline for all witnesses to upgrade their nodes. Pretty much everyone was set except for EducatedWarrior. I think he has some personal things going on with his family right now and has had a hard time keeping up. He had a week to do so and most of the other witnesses upgraded in a few hours. From my experience he's a good person and has good intentions but you should consider updating your votes for who is serving you today.

That being said when the fork time passes the network will continue on as usual. If someone makes a wallet both the new code and old code will handle it. If someone moves PPY both the new code and old code can handle it. Nothing exciting happens to this point. Only when an operation happens that the new code understands and the old code doesn't does the network actually fork.

Around 3 hours ago (1 hour after hardfork time) the guys at Blckchnd (one of our most solid witnesses) came along and kicked the hornets nest. They executed a command to make a new sports betting event. Something the new network knows how to do(!!!!) but the old network doesn't. For the first time in a long, long time the Peerplays network forked in two.

Witnesses instantly found out if their systems were properly configured as their servers either went with the new network or the old one. XTar had an issue that he is fixing and Educated Warrior fell off the new fork because he wasn't upgraded. There was a little hiccup that caused everyone to hold their breath a bit but right now we have over 86% participation on the new network and will be running over 90% shortly.

This is fantastic news!! Peerplays mainnet can now support both BookiePro and the affiliate program. I love it.

Senter Reinhardt:
💥💥💥💥
BUT(!) I encourage you to give things a day or two to settle. We are currently checking with exchanges to make sure all is well and none of them are hooked to the wrong fork. We are also working to make sure the person who runs the peerplaysdb block explorer tweaks it to get it following the new network fork. It's currently on the old fork.

I think it would be a good idea to leave your PPY where they are as far as exchanges are concerned until they report in that all is well. LiveCoin has been offline for weeks now, so no issue there. I think RuDex/Bitshares is probably fine since RuDex is run by the same folks who run the BlckChnd Witness for us. They should be fully up to date.

The new exchanges we're checking in with. I'll let you know as soon as I know things are solid. No harm in trading on them but for the time being I wouldn't move PPY in or out of them until we make sure all is well.

Senter Reinhardt:
Small update for everyone...

In the end everyone pulled through and we have all witnesses on board with the new upgrade to Peerplays. Peerplays mainnet has now been smoothly chugging for about 12 hours and in the end we got a full 100% participation. I was worried about EducatedWarrior there for a bit but in the end he came through.

Also, Jesta, who was an original Peerplays witness but left the team a while back... upgraded/updated the peerplaysdb.com block explorer so that's up and running and fully sync'd to the new chain. Some of you may know Jesta from the larger graphene world. If you talk to him, thank him for all the support he's given to Peerplays.

Finally, we're still working on getting reports back from the exchanges so I still encourage you to not move your PPY on/off exchanges until further notice. Shouldn't take long I'd guess. Well, except for Livecoin... We'll continue to work that.

Anyway, it's been a great day. This is a HUGE milestone for Peerplays. Next step is to get BOS running on mainnet. Super cool.

I think a person can follow the news himself if he is interested in a project.

I'm not a part of the team...just another community guy.  But I'll agree that I wish that they would be a bit more communicative. As it is, I just follow the Telegram channel.  I'll make an effort to post anything interesting that I come across over here...

Yeah way better than to update all your social media channels right ?
Ty anyway for pointing me in the right direction

0.1.7 > https://github.com/PBSA/peerplays-core-gui/releases

The gaming platform on the blockchain is a rather interesting and promising niche, with growing profits, but still having its problems from transparency and anonymity.

fix this by releasing a wallet that works without fixxing it on your own.
Noobs dont like.
this isnt acceptable.
pretty Pathetic tbh

fix this by releasing a wallet that works without fixxing it on your own.
Noobs dont like.
this isnt acceptable.
pretty Pathetic tbh

I get a "can't connect to blockchain" error...

This coin has grown so much that I can't believe it. I think when bitcoin grows in price it will cost $ 1000.

This coin has grown so much that I can't believe it. I think when bitcoin grows in price it will cost $ 1000.