Re: [ANN] | Introducing ELASTOS | Future of Decentralized Internet

New DID Sidechain Slated to go Live June 18

Development for the new Elastos DID Sidechain is now complete, with a go live date scheduled for June 18. Designed for a superior user experience, the DID Sidechain adopts a DPoS consensus with shorter block confirmation times, allowing for DID transactions with dramatically increased speed and stability.

At launch, the Gelaxy team will migrate all DID data on the existing DID Sidechain to the new DID Sidechain, allowing users to migrate automatically.

After launch, the (previously) existing DID Sidechain will enter maintenance mode, and any newly added DID data will no longer be confirmed or migrated to the new DID Sidechain.

The full migration will be conducted as follows:

The new DID Sidechain has already been launched on testnet so as to allow community teams to properly migrate all relevant data and make any necessary adjustments to their dApps.
The new DID Sidechain will be launched on June 18, at which point the Gelaxy team will take a snapshot of all DID data on the existing DID Sidechain at 0:00 (Beijing time), and subsequently begin the DID data migration process.