PlugChain February Monthly Report (02/01–02/29)

3 min readMar 12, 2024

Dear PlugChain community members,

Hello everyone! Today, we are excited to release the PlugChain February report. Let’s take a look at the new developments in PlugChain throughout February! The macro and cycle, the future path of the rising crypto!


On February 1st, the PlugChain technical team established communication with EMC Labs, focusing on industry research and data mining, and committed to creating connections between on-chain and off-chain data.

On February 23rd, PlugChain was invited to participate in the “Web3 2024 Surge Innovation Night” event organized by Websea at the HEC Alumni center in Paris. The event featured many industry leaders including RAID Square’s CEO Sébastien Martin, Sandbox’s COO Sébastien Borget, Ternoa Labs’ CEO Clément Tequi, and Wizz Wallet’s Brutoshi, who all took part in the event.

On February 27th, PlugChain was invited to Denver, USA, to participate in the inaugural Appchain Day event. The Appchain Day aimed to discuss the development path of current application chains, different application chain framework’s unique solutions, and investments in application chains and related infrastructure through keynote speeches, panel discussions, and networking, jointly promoting the application chain field towards maturity and mainstream adoption.


Introduction of protobuf structure:

1.Enhance the efficiency and reliability of data transmission.

2.Update data collection for the language module.

Oracle generation module:

1.Research and development of oracle algorithms.

2.Optimization of oracle data analysis.


On February 1st, PlugChain community ambassadors participated in the X Space event titled “Exploring a Brand New Bitcoin Ecosystem Starting from the First Operational Liquidity Pool of Bitcoin.” They engaged with Bitcoin ecosystem builders and renowned KOLs, collectively discussing the practical applications of the Bitcoin ecosystem.

On February 7th, PlugChain community ambassadors participated in another X Space event titled “The Rise of Multiple Inscriptions, Which One Is Your Top Choice?” where they collectively explored the mysteries of multi-chain inscriptions.

On February 14th, the PlugChain Taiwan community ambassador was invited to participate in events related to “Taipei Blockchain Week 2023.” During the blockchain week, they promoted PlugChain’s technical highlights, providing solutions for blockchain enterprises and showcasing other innovative services.

On February 22nd, PlugChain’s European community ambassador, Dan, participated in the BlockBeatsAsia X Space event titled “After 40,000, What’s the Next Trend in the Cryptocurrency Market?” where they collectively explored economic activities in the blockchain DeFi sector and the vibrant development in capital markets.

On February 29th, PlugChain community ambassadors participated in an X Space event jointly organized by Satoshi Lab and the Kong community, discussing “The Development Trends of Multi-Chain Ecosystems and Top Protocols.” They collectively explored the future forms of development trends for top protocols.

Conclusion: PlugChain achieved many exciting milestones this month, signaling its ongoing innovation in the blockchain field and significant success in community development. The active participation of PlugChain community ambassadors in various events, discussions with industry experts, and exploration of topics such as the Bitcoin ecosystem and multi-chain signatures showcase the community’s engagement. Looking forward, we anticipate that PlugChain will continue driving innovation in blockchain technology and making greater contributions to the industry’s prosperity in the coming years.

PlugChain takes the aggregated cross-chain oracle protocol as the core, integrates the advantages of high performance, high expansion, low gas!

Twitter: @Plugchainclub
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PlugChain takes the aggregated cross-chain oracle protocol as the core, integrates the advantages of high performance, high expansion, low gas!