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Project Overview
Photon is a decentralized, low-cost, builder-friendly Bitcoin L2 powered by BVM and Celestia to scale Bitcoin’s next generation of on-chain ecosystem. Photon is incubated by SatoshiSync and aims to progressively create an inclusive Bitcoin cryptoeconomy that is accessible to everyone.
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ECX Plans Mainnet Launch on October 31, Most Bitcoin Holders Eligible for 1:1 ECX Allocation
Odaily News ECX plans to launch in three phases. The Alpha phase will go live around Bitcoin block height 963,648, the Beta phase is expected on September 20 at block height 967,680, and the permanent mainnet is scheduled to launch on October 31 at block height 973,728. The project is driven by Paul Sztorc, founder and lead of Layertwo Labs, and developer of Drivechains and BIP-300/301.ECX will replicate the transaction ledger of a designated Bitcoin snapshot and allocate ECX to the majority of Bitcoin holders on a 1:1 basis on the new network. Users who control their private keys via self-custody wallets at the time of the snapshot can directly claim the corresponding assets, while users on exchanges and other custodian platforms will need to wait for those platforms to decide whether to support the fork and ECX distribution. Original BTC will not be exchanged, locked, or transferred.ECX plans to initially launch seven dedicated sidechains: Thunder, Zside, Bitnames, Bitassets, Photon, Truthcoin, and Coinshift. Of the approximately 1.1 million early Bitcoin associated with addresses linked to Satoshi Nakamoto, around 600,000 ECX will continue to be allocated to these addresses, while approximately 500,000 ECX will be transferred via special transactions as funding for early investors and development, without affecting BTC on the Bitcoin network. (Bitcoin.com News)
“White-Haired Stock God” Serenity Discloses ALRIB Shareholder Meeting Minutes: Second-Generation ROSIE System to Be Delivered to US Quantum Computing Clients, Photon Business Attracts Strong Attention
"White-Haired Stock God" Serenity disclosed the minutes of the ALRIB shareholder meeting on the X platform, pointing out that multiple business developments of the company have released positive signals. The minutes indicate that the company's second-generation ROSIE system is expected to be delivered soon to a leading quantum computing company in the United States, marking further progress in the implementation of its technology in the high-end equipment field. At the same time, the company is increasing its business development (BD) efforts for photon-related BTO/STO products and has received strong market interest feedback. Serenity added that ALRIB, together with Veeco Instruments, forms a duopoly in the molecular beam epitaxy (MBE) equipment market, and has recently been revalued by the market due to its exposure to quantum computing. Its holdings also include RIBER.