Circular Protocol: Status Update 09/2023

By Circular Protocol Team

Join us on social networks

Notice of Delay

As of now, we are experiencing a three-week delay from our initially communicated milestones. This setback arises from a delay in the delivery of 30 new nodes for our main net. While weather conditions initially hindered the international shipment, a subsequent customs clearance delay ensued. Efforts are underway to retrieve the goods and finalize our launch infrastructure.

What implications does this delay have?

The setback will postpone the unveiling of the portal for transaction execution and slightly delay integration with crypto exchanges.

Will this delay extend further?

We project a potential total delay of up to four weeks on our roadmap. However, given the advanced stage of our software development, a portion of this delay could be offset. Over the next quarter, the impact on our development plan may be minimal. Coin holders can rest assured as the delay will have negligible consequences, given the considerably longer vesting schedule.

Does this delay jeopardize the project?

Not at all. The project continues to progress swiftly in other areas. Following the conclusion of the coin sale, our primary focus has shifted to our IT main net infrastructure and fundraising activities. Given the present circumstances, we aim to provide access to the blockchain via our portal by October 1st. Meanwhile, adopters can already access it through the integration APIs.

Can I integrate Circular into my software now?

Absolutely. The APIs are accessible. To initiate the integration at this juncture, simply reach out to Circular for assistance and documentation. We will soon update our portal with further documentation on the Circular Protocol integration, superseding the existing PDF version.

Which blockchains will be accessible to the public?

Currently, users can access:

1) A private blockchain on the mainnet (its name and ID are confidential).

2) Public blockchains, namely the "Sandbox" for testing and "Circular" as the primary public blockchain.

Starting in 2024, we will unveil specific blockchains tailored for particular applications that demand unique features.

When will the coin be credited to my wallet?

Once the mainnet is finalized and access through our portal is enabled, you'll receive an invitation to set up a wallet on the "Circular" main public blockchain. A dedicated form will be provided on our portal, "circularlabs.io", allowing you to claim and deposit the coins into your wallet.

Circular Protocol Team .

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts and opinions expressed here are the author's alone and do not necessarily reflect or represent the views and opinions of Circular Protocol.

#blockchain #web3 #DeFi #crypto #NFT #GameFi #coin #decentralization

Circular Protocol Blog-chain