https://ift.tt/dje3Vvc January 2022 Recap and Development Update

Chromia: January 2022 Recap and Development Update

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This post was originally published on Chromia

TLDR Highlights from this Article:

Development is ongoing on Dapp Containerization, ICMF and Ethereum L2 subsystem
We have announced our second industry validator, iAngels
ChromaWay has launched a 2022 Incubation Program to attract more development
ChromaWay has advanced to the second phase of the EU Blockchain PCP
Chain of Alliance, an 100% on-chain action RPG built on Chromia has been announced!

Development Update

Roadmap and statement from Alex Mizrahi, CTO – https://chromia.com/roadmap/

The ‘TLDR’ of Alex’s statement is: “we have an overall plan, but it is not possible or practical to give an exact order or exact completion dates because the development process is unpredictable.”

Chromia’s Bitbucket page (Github): https://bitbucket.org/chromawallet/
We are concurrently finishing up three key mainnet components: Dapp containers, Interchain Message Facility (ICMF) and Ethereum L2 Subsystem.

Dapp Containers

A framework for resource provision on provider nodes, allowing dapps on Chromia to run in a decentralized fashion and removing reliance on services such as AWS.

ICMF

Interchain Messaging Facility allows chains and dapps across Chromia’s network to seamlessly communicate and share assets.

Ethereum L2 Subsystem

The L2 subsystem will establish a base set of features that will allow the Chromia network to interact with Ethereum and other EVM enabled blockchains

Industry Validator Addition

This month, we also announced iAngels as a mainnet validator partner. Keep an eye out for further validator partners to be announced as Q1 progresses.

Previous Updates

The December 2021 Recap

The November 2021 Recap

The October 2021 Recap

Q2 2021 Update and Mainnet Phase Outline

Notable News for January 2022

As of December 31 2021, the CHR token has been enabled as both a Collateral Asset and a Borrowable Asset on Binance Loans
Chromia Ecosystem project Mines of Dalarnia completed their first land sale
Chromia Ecosystem project My Neighbor Alice completed their Winter themed NFT sale
ChromaWay announced its Chromia Innovation Lab Incubation Program
ChromaWay advanced to the second phase of the EU Blockchain Pre-Commercial Procurement program
ChromaWay announced a $5M of a $10M round investment from True Global Ventures
Chromia Co-founder and COO, Or Perelman, appeared as a guest speaker at True Global Ventures 59th Global Conference
Chromia’s Marketing Manager Anastasia Plane appeared in a DappRadar industry report recapping 2021 and looking forward to 2022
Chromia joined a high profile group of seed investors in Ancient8, Vietnam’s largest blockchain gaming guild
Chromia Ecosystem project Chain of Alliance announced the conclusion of their Seed funding round and their testnet launch date
Chromia Ecosystem project Hedget announced that they will be launching the testnet version of their Chromia Dapp, and holding an option trading contest with a prize pool of 100K USD
Chromia Ecosystem project Corite CO announced the conclusion of a 6.2M USD private funding round

Coming Up in February 2022

Continued development on ICMF, Dapp Containers, and L2 Subsystem
Chain of Alliance testnet launch

Further news and announcements as they become available!

About Chromia

Chromia is a relational blockchain platform developing Layer-1 and Layer-2 solutions for the next generation of decentralized applications. Their core team of Alex Mizrahi, Or Perelman, and Henrik Hjelte are notable contributors to the cryptocurrency space, with roots stretching back to the earliest forms of blockchain tokenization. By combining the security of blockchain with the flexibility of databases, Chromia aims to unlock new possibilities for blockchain based development.

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