Let’s Find Out More Details About BitCherry Blockchain Main Network Roadmap

As mentioned above, we will make some attempts for decentralized finance. Our goal is to launch more than 100 Dapp.

5 min readOct 16, 2020

🎙Q1: What problem does BitCherry main solve?

🍒 Oscar: Bitcherry is a blockchain underlying system serving distributed commerce, which aims to solve the problems of low application performance, poor data security, lack of expansion scheme and unreasonable governance of existing blockchain. In addition, bitcherry will use the underlying blockchain technology to help traditional enterprises to change the existing business structure and internal cooperation mode, so as to create greater business value. Bitcherry smart contract has complete functions and is developer friendly. Based on bitcherry’s three features of “high efficiency and stability, data security and consensus governance”, enterprise users can easily deploy a “high performance and high security” distributed business application.

🎙Q2: What is the top priority for BitCherry at the moment? What is the purpose of the BitCherry token?

🍒 Oscar: On the application, BCHC is important in BitCherry ecology DApp, BCHC will be linking to the BitCherry ecology business scenarios. Such as:

Payment: Users can purchase the product in BitCherry ecology applications by BCHC, and enjoy the rebate.
Finance Service: Users can lend the USDT at the BitCherry ecology financial applications by mortgage BCHC.
Airdrop: Hold the BCHC will enjoy BitCherry ecology airdrop tokens for all applications.
Project Subscribe: BitCherry will collaborate with the Exchange, hold the BCHC will enjoy the right to subscribe to the new projects.With the development of ecological applications, the BCHC has more use cases, the application scenarios will be an increase. At that time, the cryptocurrency will move away from speculation, reflecting more application value.

🎙Q3: What is the current planning for the Bitcherry project and What are your competitors or substitutes, in which way BCHC is better？

🍒 Oscar: Most public blockchain projects in the blockchain market, their P2P protocols work above the TCP transmission layer of the host side of the IPv4/IPv6 wide area network, that is, using 4/6 bytes for addressing, such as the blockchain project giant BTC ( Bitcoin), ETH (Ethereum), etc.

As an emerging technology, the core concept of blockchain is decentralization, and the establishment of P2P protocol on the IPv4/IPv6 wide area network still fails to remove the shackles of centralization. So Bitcoin and Ethereum are transmitted in plaintext during network transmission, other network nodes passing by can parse it. Although digital signature technology is used to ensure that the transmission content will not be tampered with, it does not have confidentiality and protection Privacy function.

Most public blockchain projects in the blockchain market, their P2P protocols work above the TCP transmission layer of the host side of the IPv4/IPv6 wide area network, that is, using 4/6 bytes for addressing, such as the blockchain project giant BTC ( Bitcoin), ETH (Ethereum), etc.

🎙Q4: Why does BitCherry have a faster TPS than Visa, what’s what’s purpose of this TPS and what’s the roles and utility of bitcherry？

🍒 Oscar: First, BitCherry is the world’s first commercial scalable blockchain infrastructure based on IPv8 technology, mainly focusing on large-scale commercial scenes. Supporting the BitCherry ecosystem, BCHC can be used to clarify the definition of data property rights and strengthen the security of data property rights with its high throughput, low trading fee and extremely fast confirmation speed.

Secondly, BCHC can also achieve effective coverage for e-payments. E-payment will be difficult to achieve because it relies on bank accounts and network connecting. On the contrary, BCHC is free of bank account restrictions and does not need to be connected to the Internet, payments can be made smoothly in various scenarios.

The reliance of e-payment on bank accounts also means that it cannot guarantee the public’s need for anonymity for some legitimate payments privacy considerations, while BCHC fully supports controllable anonymity, which can satisfy the public’s need for effective prevention of illegal and criminal activities. The demand for anonymous payment protects personal privacy and guarantees information security. At present, most e-payment tools are equipped with multiple functions. For example, a series of operations such as networking, card binding, and QR code authentication are required for payment. This is very troublesome for those who are not familiar with the operation of electronic devices. The BCHC payment process is relatively simple, only need to install a digital wallet, you can complete the transfer or payment.

In the future, although the use of BCHC as a payment method may face fierce competition from existing e-payment tools, it is certain that the issuance and landing of various digital currencies will further promote the development and transformation of the global economy. The payment convenience and security of BCHC will also release consumer demand and promote consumption growth.

🎙 Q5: What are your major goals to archive in the next 3–4 years? Where can we see the BitCherry Ecosystem in this period? What are your plans to expand and gain more adoption?

🍒 Oscar: BitCherry has its own roadmap. First of all, we will implement our technology node according to the content in the white paper. After that, the testing network, testing data, and the main network will be gradually released, and the technical details such as side chains and sharding technology will be upgraded, and the exclusive wallet and blockchain explorer will be released.

As mentioned above, we will make some attempts for decentralized finance. Our goal is to launch more than 100 Dapp.

You can see our plan in BitCherry Development Roadmap (BitCherry White Paper)

2020 Q4: Test Net online: The test net is expected to be online by the end of November, and the BitCherry developer community is already in operation, and developers will participate in testing on it.

🔸 2021 Q1: Mainet Online

🔸 2021 Q2: Mainet Ecology Wallet Online

🔸 2021 Q3: Qpen Mainet Source Code in Github

🔸 2021 Q4: Start Develop Dapp Ecology

🔸 2022 Q2: P2Plus Network Protocol Online

🔸 2022 Q3: Mainnet Siderchain/Sharding Upgrade

🔸 2020 Q4: Dapp Ecology DAPPs reach up to 100+

🔸 2023 Q2: Finish Distribution Commercial Ecology building

We have a clear roadmap and official information will be updated on our website: https://www.bitcherry.io/

Thanks for Oscar’s detailed interpretation.

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Let’s Find Out More Details About BitCherry Blockchain Main Network Roadmap

As mentioned above, we will make some attempts for decentralized finance. Our goal is to launch more than 100 Dapp.

Written by BitCherry Official