Huobi Chain Blockchain Completes Planned Open Source Developer Rollout
William Suberg's original article for cointelegraph.com reduced by 42%
Cryptocurrency exchange Huobi has open-sourced the development of its Huobi Chain blockchain, the company has confirmed. In a press release shared with Cointelegraph on Nov. 12, Huobi said that Huobi Chain, which it unveiled in June, was now available to any GitHub developer.
Huobi encourages regulator involvementThe aim, it explains, is further interaction between developers and regulators, Huobi Chain's target audience. "Since the start of this project, our goal was to create an inclusive ecosystem where all stakeholders from developers to regulators can collaborate and leverage the full potential of blockchain technology," Leon Li, founder and CEO of Huobi Group, commented in the press release. Huobi Chain aims to provide a suitable incubator environment for various blockchain projects, including stablecoins, decentralized applications, or DApps, and decentralized exchanges, or DEXs.The platform remains in the planning stages, with a testnet launch due in Q1 2020 and the mainnet the following quarter.
Chinese blockchain sentiment is at a highAs Cointelegraph previously reported, the Chinese blockchain space has seen new energy in recent weeks after a sudden endorsement of the technology by Beijing. Blockchain application platform VeChain unveiled its latest product at a Chinese conference last week.
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