GateChain Testnet Teleased

[3D"gateio.io"] Dear Gate.io user=EF=BC=8CHello=EF=BC=81 [3D"gateio.news"] Gatechain Testnet Launch Gate.io launches Gatechain Testnet on September 30. Gatechain creati= vely solves security issues such as losing private keys and asset being sto= len. We are thrilled to witness this revolutionary development with our use= rs and we believe Gatechain will redefine blockchain security and lead us t= o a brighter future. We hereby invite all our users to test out the Gatechain Testnet. We= welcome your valuable suggestions to help us continuously improve the bloc= kchain, and we look forward to the launch of the Gatechain Mainnet. How to Participate in the Gatechain Testnet Testing Gatechain provides different types of wallets for both regular, prof= essional and incorporated users. During the testnet phase, regular users ca= n try out the wallets by using the Windows and Mac OS desktop versions. Pro= fessional and incorporated users can visit the testnet via full nodes or AP= I. Gatechain Wallet user instruction: [= atechain.io/docs/cn/gatechain-wallet/](3D") Video: = GateChain eco comprises CateChain mainnet, GateChain DEX, GateChain = Token (GT), wallets, etc. Them forms a decentralized eco characterized by e= nterprise-grade safety and efficiency for digital asset storage, issuance a= nd trading, presents a novel solution to blockchain transaction safety. The main features of GateChain eco can be listed as follow:= p> 1) Transfer/payment=EF=BC=9AUsing a wallet or client-side Apps, user= s can send and receive GateChain Token (GT) , as well as other popular onch= ain assets. 2) Asset issuance=EF=BC=9A Users can issue and use their own tokens = (e.g., GT) to digitalize and manager their assets. For more details, visit = Asset Management=E3=80=82 3) Decentralized cross-chain transaction=EF=BC=9AGateChain provides = support for high-performance decentralized trading among different digital = currencies. 4) Asset safe storage=EF=BC=9A With a uniquely designed vault accoun= t and a clearing technology, account can have a comprehensive protection, a= nd support revoking /clearing operations targeting abnormal transaction. Fo= r more details, visit Transaction Protection=E3=80=82 5) Multi-signature=EF=BC=9A Multiple signers can share ownership of = one account, and get customize management over their digital assets, which = best fit the enterprise demands. For more details, visit Multi-signature=E3= =80=82 6) POS staking reward: GT works as a stable incentive for users part= icipating in PoS staking, which safeguard the robustness of underlying bloc= kchain. GateChain Blockchain GateChain is a novel next-generation public blockchain, focused on o= nchain asset safety and decentralized exchange. With unique Vault Account t= echnology and its supporting transaction model design, GateChain has implem= ented a guaranteed safe clearing mechanism, creatively solved the challengi= ng problem of asset theft and private key missing. It aslo supports decentr= alized trading and cross-chain transfer among other core applications. Compared with traditional blockchains, such as Bitcoin and Ethereum,= GateChain focuses on on-chain asset safety. It creatively proposed a bunch= of novel concepts, including Normal Account=E3=80=81Vault Account=E3=80=81= Retri Account=E3=80=81Clearing Height=E3=80=81Revocable Delay Period=E3=80= =81Address Type=E3=80=81Transaction Type.definition and explanation visitGa= teChain GateChain DEX GateChain DEX is a decentralized exchange based on GateChain. It has= matching engines of ultra high performance and low participating cost, and= thus provide users safe, quick and transparent trading experience. It also= supports cross-chain transfer for multiple currencies. Anyone who has full control over his private key to his account can = exchange freely. GateChain DEX uses private own encrypted wallets or hardwa= re wallets to safeguard users=E2=80=99 assets and solves the trust issue th= at is present for centralized exchange. GateChain Token GateChain Token (GT) is the native currency of GateChain mainnet. It= is used to pay transfer fee on GateChain network and works as the incentiv= e reward for PoS staking. It is fundamental to GateChain network. In additi= on, it is an important eco member for Gate.io exchange. The issue plan of GT is determined as : GateChain initial supply 300 million GTs, all of which were given aw= ay to users in a transparent method in its initial distribution. In 10 years, GT supply will reach 1 billion, which is its designed t= otal supply cap. Among them,200 million GTs will go to developing and resea= rching, released lineally in a term of 10 years after a 12 months lockup;= p> 100 million GTs will go to market expansion, released lineally in a = term of 10 years after a 12 months lockup; 200 million GTs will go to eco building, released lineally in a term= of 10 years after a 12 months lockup; and 200 million GTs will be produced as staking reward. GateChain Wallets GateChain provides various wallet applications for individual, profe= ssional and enterprise users.At testnet phase, GateChain provides desktop w= allets for Windows and Mac OS; professional users can also access and test = using API. At mainnet phase, GateChain will provide command-line wallet, mobile= wallet for Android and iOS, Web wallet, multi-signature wallet, and hardwa= re wallet, to cater to individual, professional and enterprise users. Download the desktop wallets from [ blob/master/en/gatechain-wallet.md](3D") GateChain Terms As an innovative public chain focusing on on-chain asset security, G= ateChain introduces a number of new concepts. GateChain hopes to help users= understand GateChain sercurity logic more comprehensively by providing the= deion of the concepts. Also, for the consideration of transaction security= , GateChain innovatively put forward the identification of address type and= transaction type to facilitate the user to effectively identify different = account type and transfer type, to avoid user misoperation. GateChain Basic Concepts GateChain is a novel public chain. Its principle research has introd= uced many novel concepts which form the principle fundamental for building = complete self-consistence in assets safety. Normal Account=EF=BC=9AAccount similar to a Bitcion address that can= store asset and is suitable for daily use.Asset in this type of account ca= n be sent instantly and is irreversible once confirmed in blockchain. Lost = privatekey can not be restored. Vault Account=EF=BC=9AGateChain=E2=80=99s novel creation. This is a = new type of account that allows revocable transaction in the case of theft = and private key restoration in the case of lost or damaged private key. Tra= nsfer asset in this type of account have to wait for a preset period of tim= e. It is suitable for storing and protecting large amount of asset that is = not for immediate use. Revocable Delay Period =EF=BC=9AThe time duration within which trans= action transfer from vault account is revocable. During this time of period= (calculated by blocks), recovery of transaction is possible by initiating = a "revoke" operation to return the transaction to =E2=80=9CRetri Account=E2= =80=99. Retri Account=EF=BC=9Athe preset account bound to a Vault Account. W= hen a transaction in vault account is revoked, the transaction asset will b= e moved to this account. Clearing Height=EF=BC=9Ait is a future time. At the time when this f= uture block height is hit, the asset in the account will allow clearing. Revoke: When the transaction initiated from Vault Account is still i= n the revocable delay period, =E2=80=9Crevoke=E2=80=9D operation can be ini= tiated to return the asset to =E2=80=9CRetri Account=E2=80=99. Revocable Transaction=EF=BC=9Aany transaction initiated from Vault A= ccount is revocable transaction, which allows for revoking to move the asse= t to =E2=80=9CRetri Account=E2=80=9D during the revocable delay period. Aft= er the revocable period, transaction can not be revoked. Irrevocable Transaction=EF=BC=9ATransactions initiated from Normal A= ccount. It is irreversible once it is confirmed by blockchain. GateChain Address Types GateChain have two main account types, Normal Account and Vault Acco= unt, with different identifier at the start in their addresses. Normal Account=EF=BC=9Astart with =E2=80=9Cgt=E2=80=99=E2=80=99. =E2= =80=9Cgt1=E2=80=9D indicates a single- signature Normal Account, and =E2=80= =9Cgt2=E2=80=9D indicates a multi- signature Normal Account. Vault Account=EF=BC=9Astart with =E2=80=9Cvault=E2=80=99.=E2=80=9Cva= ult 1=E2=80=9D indicates a single- signature Vault Account, and =E2=80=9C v= ault2=E2=80=9D indicates a multi- signature Vault Account. With the address identifier mechanism invented by GateChain, the rec= ipient account can easily identify the sending account's type and set confi= rmation requirement accordingly.If it is from a Vault Account, confirmation= is safe only after revocable delay period. ## GateChain Transaction Types GateChain has many transaction types. To identify different transact= ion types efficiently, GateChain creatively provides transaction type ident= ifier. Below are identifiers different transaction types start with: Irrevocable Pay=EF=BC=9A=E2=80=9CINREVOCABLEPAY-=E2=80=9D Revocable Pay=EF=BC=9A=E2=80=9CREVOCABLEPAY-=E2=80=9D Account Set=EF=BC=9A =E2=80=9CACCOUNTSET-=E2=80=9D Vault Create=EF=BC=9A=E2=80=9CVAULTCREATE-=E2=80=9D Revoke: =E2=80=9CREVOKE-=E2=80=9D Vault Clear=EF=BC=9A=E2=80=9CVAULTCLEAR-=E2=80=9D Untitled=EF=BC=9A =E2=80=9CBASIC-=E2=80=9D Quick Start GateChain desktop wallet instruction at [ docs/blob/master/en/gatechain-wallet.md](3D"=) Visit GateChain testnet explorer at [](3D"=) GateChain Full Node Full Node and Local Testnet=EF=BC=9A Any one can build a full node a= nd run his testnet. A full node has all the functions GateChain has. Detail= ed installation visit Install and Deploy. Join Testnet=EF=BC=9A A full node can connect to public testnet (use= the same version of testnet )=EF=BC=89to monitor and broadcast transaction= and block update and other tasks in real time in the network. ##GateChain Command Line Interface Command Line Interface=EF=BC=9A Besides wallets, we also provide cli= ent programs, which can interact with GateChain using command line. Many op= erations can be done to onchain account using a command line interface, inc= luding account management, transaction management, and asset management. In= addition,simple inquiry to onchain data is also allowed using a command li= ne interface, such as inquiry of account balance, and transaction details. = More Details visit Command Line Interface Reference=E3=80=82 GateChain REST REST API=EF=BC=9AGateChain node provides advanced API interface serv= ice, related API information visit REST API List [ api.md](3D") Note: We sincerely appreciate Tendermint and Cosmos's contributions = in blockchain protocol and cross-chain eco. GateChain Team Sep. 30, 2019 Anti-Phishing Code: Anti-Phishing Code: Thank you for using the Gate.io International Blockchain= Asset Trading Platform address [(3D"=) Follow us and get updated at =EF=BC=88Follow our communi= ty=EF=BC=89 Twitter=EF=BC=9A [http= s://twitter.com/gate_io](3D"htt=) Telegram=EF=BC=9A[(3D".=) gate.io all rights reserved =C2=A9 = 2019 [=E7=82=B9=E5=87=BB= =E8=BF=99=E9=87=8C=E5=8F=96=E6=B6=88=E8=AE=A2=E9=98=85 click to unsubs= cribe](3D"http=)