Canxium Monthly Report — May 2024

Canxium
2 min readJun 11, 2024

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Introduction

The past month has been a period of significant milestones and achievements for Canxium. This report highlights the key developments, including new product launches, strategic listings, community engagement, and technological advancements.

Canxium Wallet Launch

Canxium has successfully launched its official wallet on the Google Play Store. This hot wallet has undergone extensive community testing and is important in improving user accessibility to $CAU. Despite the wallet’s secure design, users are advised to store their CAU in a cold wallet and utilize the View Only Wallet function for optimal security.

New Exchange Listing: Bitget

A major highlight of the month was the listing of $CAU on Bitget, one of the prominent cryptocurrency exchanges. The CAU/USDT trading pair went live on May 15, 11:00 AM (UTC), with an exciting promotional campaign where 3,430 CAU were up for grabs. This listing is expected to boost liquidity and expand the reach of Canxium within the crypto trading community.

Released v0.2.2 go-canxium

We have released v0.2.2 of go-canxium which support offline mining few days ago, It is expected to be deployed to the network on block 4,204,800.

New Achievements in Network Growth

This month, Canxium celebrated several remarkable achievements:

  1. PoS Sidechain Launch: Canxium has launched its Proof of Stake (PoS) sidechain with 193 validators and 61,760 CAU staked, demonstrating the community’s trust and active participation in the network.
  2. 10,000 Addresses Reached: The Canxium blockchain surpassed 10,000 addresses, marking an important milestone in its growth trajectory.
  3. Transaction Growth: With 362k transactions recorded, the network experienced an 80% growth since the previous month.

Offline Mining is Now Audited by CertiK:

One of the most groundbreaking developments was the successful audit of the Offline Mining mechanism by CertiK. This audit confirmed that there were no critical issues, proving the concept of offline mining to be both possible and safe. This revolutionary feature allows users to mine CAU without internet connectivity, anytime and anywhere, without competing with other miners. The final audit report is available at CertiK’s Skynet. The implementation of offline mining is set to be deployed to at block 4,204,800.

Conclusion

The past month has been transformative for Canxium. It has been marked by substantial growth, innovative product launches, and strategic developments. The community’s support and engagement have been key in these achievements. As Canxium continues to pioneer new technologies and expand its ecosystem, the future holds even more promising developments for the $CAU token and its holders.

Stay tuned for more updates as we continue to build and grow together. Yes, We CAU.

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Canxium

A Pow Blockchain - A completely decentralized supply control mechanism and offline mining.