InterValue Project Weekly: 20180730–20180805
Tags: Bitcoin, Whitepapaer, Blockchain, Inve, Intervalue

Part 1. Development Progress of InterValue.

1. Project progress

(1) We completed the test of the full node, local full node and light node networking, and optimized the database performance.

(2) We completed the first version of virtual machine development, this version of the virtual machine is compatible with the Solidity language and can prevent common security issues in Solidity.

(3) We completed the modification of NTRU-251 Java version, successfully integrated NTRU’s signature verification algorithm into existing signature algorithms.

2. Whitepaper

(1) Some regular details have been modified.

3. Communities

(1) The member of InterValue English telegram groups reached to 51,122.

(2) The member of InterValue Chinese telegram groups reached to 92,695.

Part 2. Strategic Cooperation.

1. Negotiate with Lianhui Capital for our cooperation intention.

2. Negotiate with several major Exchanges for our cooperation intention.

Part 3. Media Activities.

1. GLAB Global Blockchain Project Excerpt

InterValue’s Founder and CEO Barton Chao was invited to participate in the “GLAB Global Blockchain Project Excerpt” campaign.

2. Huobi Chain Superhero Championship Candidate

InterValue’s Founder and CEO Barton Chao was invited to participate in the“Huobi Chain Superhero Championship Candidate” campaign.

3. Blockchain media Golden Finance published an article “InterValue: Building a Practical Blockchain 4.0 Infrastructure which Supporting Million TPS”, which is reprinted by many medias.

4. The Sohu published an article “InterValue helps BodyOne create a new blockchain fitness”, which is reprinted by many medias.

5. We announced that:

① InterValue Has Officially Released Its Local Full-node Alpha Test.

② InterValue Releases Important Progress in Anti-Quantum Attack Algorithm.

③ InterValue’s Smart Contract Achieved Phased Progress. The First Version Of The Virtual Machine Was Developed.

④ InterValue Applies For Three Blockchain Patents And Multiple Computer Software Copyrights.

Part 4. The Historical Process of InterValue.

(1) In August 2017, Barton Chao envisioned the positioning, vision, and functionality of InterValue.

(2) September-October 2017, planning to form an InterValue team to refine all aspects of InterValue functionality.

(3) In November 2017, the InterValue core research and development team was formally formed and started writing white papers and making the development plans.

(4) In January 2018, the first draft of the InterValue Whitepaper in English and Chinese was completed and began the development work.

(5) February-March 2018, the InterValue Whitepaper in English and Chinese was completed from 1.0 iteration to 4.0.

(6) In April 2018, releasing the InterValue v1.0 Alpha chain.

(7) In May 2018, starting the development of the InterValue v2.0 Alpha chain.

(8) In June 2018, the InterValue v1.0 testnet wallet demo is online.

(9) In June 2018, the verification of the Hashnet consensus mechanism for the InterValue v2.0 testnet was completed.

(10) In June 2018, the InterValue v2.0 testnet had reached 1,000,000 TPS.