InterValue Project Weekly: 20180827–20180902
Tags: Technology, Inve, Blockchain, Intervalue, Bitcoin

Part 1. Development Progress of InterValue.

1. Project progress

(1) We optimized the front-end interface and code of light node.

(2) We optimized the transaction module and transaction record synchronization module of light node, and their transaction data displays of the front-end.

(3) We realized the trading connector of cold wallet and hot wallet, and optimize the scanning code verification of cold wallet and hot wallet.

(4) We unified message data structure definition: clarify the attributes and relationships of the base class and each subclass (transaction, snapshot, contract, text, etc.).

(5) We refined the snapshot to generate a detailed design and wrote code to identify its viability, Code-review the verification code.

(6) We optimized the performance of the Gossip event data connector and increased the response speed.

(7) We designed and verified an automatic load balancer mechanism to solve the problem of unstable consensus under wireless networks.

2. Whitepaper

(1) Some regular details have been modified.

Part 2. Strategic Cooperation.

1. Hold the first training of blockchain with “Xiangjiang Blockchain Research Institute”. The courses include: ① Enterprise Security R&D Specification. ② Blockchain Consensus Mechanism. ③ Blockchain Token Economic Model. ④ Cryptographic Algorithm of Blockchain. ⑤ Blockchain Distributed Storage。

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

Part 3. Media Activities.

1. The media W-Finance wrote the “InterValue’s HashNet Consensus: A Major Step Forward in the Development of Blockchain Technology”report on the InterValue project, which is reprinted by many media.

2. The media W-Finance wrote the “InterValue’s Cross-Chain Mechanism”report on the InterValue project, which is reprinted by many media.

3. The media W-Finance wrote the “InterValue, A Public and Functional Blockchain Designed to Surpass Ethereum and EOS” report on the InterValue project, which is reprinted by many media.

4. GLAB Global Blockchain Project Excerpt

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

Part 4. The Historical Process of InterValue.

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

(2) From September to October in 2017, InterValue created a team and refined the functions.

(3) In November 2017, InterValue created the R&D team, and began to write a white paper and a development plan.

(4) In January 2018, InterValue completed the first draft of the Chinese and English white papers.

(5) From February to March in 2018, InterValue completed Chinese and English white papers from InterValue 1.0 to 4.0.

(6) In April 2018, the InterValue v1.0 testnet was completed and put into practice.

(7) In May 2018, the development of the InterValue v2.0 test was launched.

(8) In June 2018, the InterValue v1.0 testnet wallet Demo was launched.

(9) In June 2018, the InterValue v2.0 Hashnet consensus mechanism was verified.

(10) In June 2018, the InterValue v2.0 exceeded a million TPS.