If you have a look at our original plan made last year, we are targeting firmly at protocol level development which covers the enhancement on interoperability and enterprise level adoption which focuses on the media industry.

Original Plan

Interoperability with ethereum (Progress: 80%)

Our investigation has covered several cross chain projects: Cosmos, Tendermint and PoA. According to the test results, Cosmos and Tendermint are not mature enough to support ATMChain as a general cross chain solution. Finally, we set the target of integrating the PoA with bridge which looks practical at the moment. Currently, the smart contract has been finished and deployed and the relay server is in implementation. The bridge is expected to work on our test net at the end of April.

Interoperability with DECENT is de-prioritized.

2. ATMChain 1.0 Khumdan (Progress: 70%)

Our test net is already up and running. The formal release of ATMChain 1.0 Khumdan is based on the main net launch which is planned in Q2. Apart from main net, the administration platform is available now with features like transaction view, network management. The advertisement module will be integrated very soon in the DApp page. The cross chain bridge will also be available to use on the web page.

3. File storage and IPFS (Progress: 80%)

Due to the performance and cost consideration, we set the first step as building a centralized file storage system instead of IPFS. The centralized file storage service on the cloud will feed the front-end device with multimedia file or streaming source.

4. Media streaming distribution (Progress: 100%)

This part is included in the file storage and IPFS part above.

To summarize, the whole project is approximately 25% behind the schedule due to the change of priorities. We put our test net launch earlier with a visualized tool —— ATMChain explorer and the main net will also be ready in a few month which was scheduled in the next year from the original plan.