Weekly Update #13: December 7, 2019

First DEX listing, MingBitgrin Live, CITEX Q&A next week.

Hello everyone, we are in the last stretch of Q4. The community has been growing substanitally these past several weeks, especially Bitgriners in China. Lots of exciting things happening and more to come before the New Year :P

Some Highlights:

  • MineBitgrin.com, educational resource for Bitgrin miners goes live.

  • 1st place on ViteX competition | First DEX to list Bitgrin + Market-Making as Mining incentives.

  • Q&A/AMA with CITEX community scheduled for Tue 9-10pm EST.

  • New version of Kingfish beta is launched.

  • Ice Mining Pool Update


News

ViteX DEX Exchange Listing

“ViteX is a DEX developed on the Vite public chain and features absolute decentralization, higher security of digital assets and robust economic models for both sending/receiving transactions and confirming transactions.” - Source

First DEX.

The public chain which ViteX runs on features high throughput, fast transaction confirmation and zero fees, and more.

ViteX is truly decentralized; everything is settled or stored on-chain:

  • transaction matching is performed through smart contracts.

  • the order book is stored on-chain.

ViteX is the first DEX that Bitgrin trades on :)

First to list.

On one hand, we will be the first project to list out of the 4 new community listings on ViteX. This will be the 4th exchange Bitgrin trades on. ViteX is listed on Coin Market Cap which adds to its reputiability and most of the trading on the exchange is centered around privacy-centered coins such as Grin, Beam and Dero.

More Liquidity, more exposure.

We have qualified for Market-Making as Mining on the ViteX.

Purpose

“The purpose of market-making as mining on ViteX is to provide market depth for mining eligible trading pairs.” - Vite.net

Basically, this feature will provide additional incentives for market markers to provide liquidity to the Bitgrin market. Making it easier for market participants to enter and exit their positions.

How it works

Placing orders on ViteX earns users VX tokens. You can find more information of exactly how the market making mechanism works here.

Wrap Up

This listing is overall a great addition for the current list of exchanges where Bitgrin trades on. It is fully decentralized, trading activity is centered around privacy coins and it has been vetted by Coin Market Cap.

Community

Mine Bitgrin

CITEX Q&A

Chinese Community | WeChat

  • Kudos to the Chinese community, and community leaders Wx and Lanmerry. They are doing an amazing job at engaging the community, helping others out and just bringing a positive energy to the conversation. It’s been exciting to see the Chinese Bitgrin community grow these past several months.

Mining

Price

  • Bitgrin has been on a run to the upside and has broken ATHs.


Wrap Up

Only 1 month left to the end of Q4. Lots of work to do and many exciting plans ahead.

Upwards and onwards!

- Gatsby


To stay up-to-date with the Bitgrin community you can continue the conversation at:

Twitter: https://twitter.com/BitGrin

Discord: https://discord.gg/Z6gEfZS

Telegram: https://t.co/jnKORmesBi

Website: https://bitgrin.dev/ ; http://getbitgrin.com

Block Explorer: http://bitgrinx.com

Trade Bitgrin: https://www.citex.co.kr/#/trade/XBG_BTC

This newsletter is curated by Crypto Gatsby, for the Bitgrin community.