Post #29205

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Stamp-IT Q2 2020 Quarterly Report – July 13, 2020
[IMG]https://lh3.googleusercontent.com/liBbmFTMPQ7FRql8-igDfqeE4QzP6p2wrkhynnSumZdxQTIr7MNVJlrOz1KsVfkyIC1HrYwniaNElP_sMpNELu60xOF059mhkxpwAI9Hfzprd7-3Vfz3HmYjqWrmnBDeSrKA5zs[/IMG]

07/13/2020

[SIZE=7][B]Quarterly report[/B][/SIZE]
[SIZE=6][B]
Overview[/B][/SIZE]
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Since our last Quarterly report on April 4th, 2020, the Stamp-IT team has contributed to the Factom® ecosystem in various ways. Our last report can be found on the factomize forum.

Here is a breakdown of what has been done along with our goals for the next few months.

[SIZE=6][B]Infrastructure[/B][/SIZE]
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Last Quarter, we retired one of our physical servers and one authority node in order to reduce costs. Accordingly, we reduced our efficiency to 0% so that we continue to receive the same amount of FCT.

We currently host two instances of factomd running on the mainnet (one authority + one backup) and two running on the testnet.

As with all other operators, running Factomd authority nodes is Stamp-It top priority. We are committed to this duty and we will continue to operate our own infrastructure in a canadian data center.


[SIZE=6][B]Brainswap script[/B][/SIZE]
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Stamp-IT brainswap v2.0.0 is now officially released. This version has been completely refactored. It is a lot more testable: hundreds of test cases have been automated, which will make it easier to maintain the script and add new features.

Source code and instructions:[URL='https://github.com/Stamp-IT-io/brainswap'] https://github.com/Stamp-IT-io/brainswap[/URL]

Official release:[URL='https://github.com/Stamp-IT-io/brainswap/releases/tag/v2.0.0'] https://github.com/Stamp-IT-io/brainswap/releases/tag/v2.0.0[/URL]

[SIZE=6][B]Marketing and Business development[/B][/SIZE]
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We would like to summarize the last months in terms of governance and business development.

[B]Governance[/B]

We have been following and participating in governance related discussion whenever possible and required. In the next few days/weeks, we will re-evaluate the ANOs who have posted their quarterly report.

We also made a bridge loan of 10 000 FCT to the exchange committee to help secure a future listing.


[B]Business development[/B]

As we stated in the previous report, we started a partnership with Laval University to support master and PhD projects with Factom technology. Our plan is to propose a specific project using the Factom protocol with the Mitacs program ([URL]https://www.mitacs.ca/en[/URL]). This program is used to finance a graduated student from the cryptographic laboratory in collaboration with Stamp-it Blockchain Solution.


We have messaged a few ANOs to help us come up with a project and have yet to define it at this point. The project needs to be about 6 months long and to be started in about 1 year from now. The Mitacs program would then sponsor 50-75% of the total cost. If any of you have any suggestions of projects that could meet these criterias,please feel free to initiate a conversation with us on discord. We believe this would be a good opportunity to get some work done at a pretty competitive price by a research laboratory from a reputable University.
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