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October Update — Listing, New Chain for BCX, Mainnet, Products — Exchange, DEX, Testnet

The last few months have been tumultuous, to say the least. Still, the BlockX team has been working hard to build the products.

blockx network blockchain

The last few months have been tumultuous, to say the least. Still, the BlockX team has been working hard to build the products. Today, we have a mix of good and not-so-good news.

In the last few weeks we’ve been in talks with several top 20 exchanges and preparing our Market Making Fund for a successful token launch. Those discussions and deals are in their final stage but we need some more time to finalize.

Hence, we have moved our Listing date by another 1.5 months to December 20, 2022. This is not ideal for anyone, including the investors and the team, but it is a necessary step and the finaldelay for us to go live with BCX tokens.

Product Updates

Below are the updates on the following products — BlockX Exchange, DEX, and Testnet:

  • Exchange — BlockX Exchange is now LIVE for trading. In the future, the exchange will be connected to the BCX token for discounts in trading fees and other offers

You can view the exchange LIVE at


We support hundreds of currencies in Spot, Perpetual, Futures and Margin trading. All fees are standardized to 0.1%. For LUNC trading, we will burn all the fees to support LUNC burning.


We are also building a cross-chain DEX platform so BlockX can become the hub of the Web3.0. BCX will also be the utility token for the cross-chain DEX similar to how cake CAKE is for PancakeSwap and BNB is for Binance Smart Chain.


We have started onboarding Validators for Testnet and we’re seeing quite some progress. Mainnet should launch in 1–3 months, which will allow lightning-speed transactions at a fraction of the cost on some of the existing chains.

Here are some Testnet tool updates — BlockX Station, Explorer, Metamask and Kepler connection, and Validator Portal.

BlockX Station

The Dashboard shows the number of total BCX tokens in the BlockX Network, the number of tokens in the Community Pool for Governance, as well as the current staking ratio based on the number of staked BCX by all the validators versus the total number of BCX. We’re also working on adding more information on this page, such as the number of transactions, number of wallets or accounts, current validator earnings, and more.

The Staking page will show the list of Validators in the network, their voting power, and the commission that they’re charging the delegators. Because BlockX is a Delegated Proof-of-Stake, or DPoS, users can delegate their tokens to their chosen Validators. The way to connect your wallet to this Dashboard is via the Kepler wallet.

For the Explorer, we will have at least 2. One is for Ethereum-based, like those that used Metamask, Remix, or HardHat. This was cloned from the BlockScout project:

With this, you can query transactions or addresses just like how you use Etherscan, BSCScan, or PolygonScan. The only limitation is that this explorer can only read Ethereum-based transactions meaning Cosmos-based ones (transactions and addresses) will have to be queried from another explorer which will be based on BigDipper in Cosmos.

Transactions that will be displayed in the Cosmos-based explorer are the likes of those that used Keplr wallet and other Cosmos wallets. We will also be adding our network to other cosmos explorers once it goes to Mainnet.

For the Testnet, we’re in the process of finalizing procedures in incorporating public validators who will help us find bugs and make the chain more stable by adding their own servers into the network. We’re now able to add our chain to Keplr.

It shows you 2 addresses, one is the Cosmos-based address and the other is the Ethereum-based address, which is the same as your Metamask.

Token Protocol Change & Temporary Staking Halt Until Dec 20th

Currently, BlockX tokens are available as tokens on Binance Smart Chain as BEP-20 tokens. However, some of the exchanges and launchpads such as Exmarkets are not supporting the Bep-20 but only Polygon, and we want to use Polygon until our chain launches because of the 10x lower gas fees than Binance Smart Chain.

Hence, BlockX Token will move from Binance Smart Chain to Polygon Chain. In the future, these Polygon tokens will be swappable to BlockX MainNet tokens and BEP-20 tokens will be deprecated. Everyone will get airdropped Polygon tokens.

In order to make the change we will do the following:

  • We will unstake all tokens and return staked tokens with rewards back to the wallet addresses. Staking will be halted only on December 20, 2022
  • On 29th October at 10 am ET, we will take a snapshot for all BCX Addresses.
  • Between the 29th — 31st of October, we will Airdrop all addresses with an equal amount of Polygon chains on the same address as existing BEP-20 tokens. BEP-20 tokens will not be valid anymore after the airdrop
  • If we identify any smart contracts including Liquidity Pool, then we will look at the stakeholder details and airdrop the main holder.
  • After December 2022, the staking & delegation will be live with Validators.
  • The Polygon tokens will be locked until December 20, 2022, and can be traded after that. In hindsight, we should have locked all tokens until listing for a smooth operation, but now we have learned this the hard way.

BlockX’s goal is to build the best smart chain protocol out there competing with Avalance, Solana, etc and we are reaching that milestone soon. This is the last mile to listing and lets us all be patient and run towards the finish line.


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