The current community update will be slightly different from our previous monthly updates, but it will contain important information despite being short.

Unfortunately, many of you paid attention that the situation is not as favorable as most of the developers involved in the Blockchain area wanted to see.

The survival rate of the projects that started two years ago is frustrating. Even the great teams with tens of millions in resources are struggling because of the challenges they are facing.

As usual, we want to stay transparent and stick to our “no-bullshit” agenda as we are doing from day one.

Therefore,

In our opinion, the current limitation of Ethereum Blockchain in terms of costs and scalability is the major obstacle to create Dapps that will have some chance for mass adoption.

This problem is common for the entire industry, and we have very little to do with the situation. As most of the Dapps, our Core Network software heavily relies on Ethereum, and despite being big fans of this most popular Blockchain, we can’t see it overcome the difficulties in the next year or two.

Even though we’re delivered fully working decentralized software, which truly reflects our vision of DVPN, we can’t make miracles happen.

Considering this major limitation and many others (which has not mentioned, but they are), we think there is a turning point when important decisions need to be made.

To emphasize, we are not shutting down the Privatix Network project, everything, as usual, the Core software is available and fully working, and we keep collecting the bugs.

We are going to take some time to do the necessary and figure out our plans according to the situation. It will take a while, and we will inform the community up to the end of 2019 regarding this matter.

During this time, you may not see any other publications and excessive development reflected in our public GitHub.

We will be happy to answer your questions.

Just try to be more specific and not to ask very general questions, which is hard to answer.

Please send it to our email support@privatix.io