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It has been a year and a half since U Network’s establishment at the beginning of 2018. Its overall ecological development has achieved good results.

UUU’s global market capitalization has already hit top 100; the comprehensive development of the projects ranks among the best; the mainnet is ready; 4 ecological products have been fully implemented; UUU has been launched in 8 exchanges; more than 30 top investment institutions and projects from China and the United States have invested in the project; there are global community users from more than 179 countries; the team has carried out roadshows in more than 20 cities in 4 countries; the team has formed strategic partnerships with many world-renowned blockchain projects and institutions; it jointly released 2018 Global Blockchain Academic Research and Trends Report; it has also received a lot of coverage from mainstream media and KOL around the world. …


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U Network public blockchain’s next cycle of development plan version 1.0 is confirmed; the second round of U Got testing has completed, U Got has entered the third round of testing and will soon be launched; Officially announced the launch of the new official website; UUU’s token price rose by 70% in a week.

Now let’s take a look at the detailed progress in the last 2 weeks.

Progress Report:

U Network Blockchain Development

(Testnet Officially Launched)

  1. Completed multi-node consensus block test
  2. Update of the automated node and initial development of deployment script
  3. Research on blockchain browser solution and demo
  4. Fixed bugs in balance inquiry mismatch

Product Development

About U Got

U Got has entered the third round of testing. …


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U Network’s new product targeting overseas community is currently under beta testing and will soon be released. SV Insight and U Network co-founder Peter Qin spoke at SF Blockchain Week.

Ever since U network went LIVE, many overseas investors have been paying attention to its development. Many influencers on Youtube have made videos to evaluate and analyze U Network’s whitepaper, ecosystem development, price movement and value as a public chain, etc. Based on statistics, there are more than 46 original videos on U Network on Youtube.

Now let’s take a look at the detailed progress in the last 2 weeks.

Progress Report:

U Network Blockchain Development

Testnet Officially Launched, Mainnet release soon.


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On Sep. 18, 2018, U Network launched the sharing campaign in Reddit by offering a platform for all cryptocurrency zealots to show their ideas about the tokens they want to create. Strong reactions were aroused in this campaign, and we received a sea of interesting and moving ideas. Now, the sharing campaign is completed, 18 high-quality posts were selected from all the posts.

From Oct.16 to 22, 2018, there will be a voting for all the selected posts. Show your like for the post you like best, and leave comments about the tokens you like in the related Reddit thread. …


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U Network overseas community’s naming contest for U Network’s DApp U赞 has recently completed. There were 219 participants in total.

The new campaign “The first token you will create in your life” which inspires people to become their own token founder has also received many creative feedbacks from community members. If you will create a token, what will you name it?

Last week UUU was ranked 181 out of 2850 projects on CoinGecko.

Now let’s take a look at the detailed progress in the last 2 weeks.

Progress Report:

Blockchain Development

(Testnet Officially Launched)

  1. Completion of flow tightness control function development of consensus algorithm
  2. Design and development of an independent transaction buffer pool to store the Ethereum…


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A lot has happened in the past 2 weeks, including Wormhole community’s first public announcement. Wormhole aims to create a unique blockchain technology community in China and strives to build a highland of order for China’s blockchain technology.

A great project should be able to withstand the test of time. For it to happen, it requires a powerful team constantly polishing, optimizing and upgrading, and even subverting the original logic to find new outlets. In this process, the project can continue to innovate, iterate and implement new technologies, to form its own advantage in technology and business models.

U Network aims to make quality content stand out through team efforts, and hope that our project will stand out in the market test. …


Brand Upgrade of U Network’s first DApp, former Xiaomi technical director joined as co-founder and CTO

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U赞 was the first DApp built on top of U Network, it focused on building an investment community for crypto asset content. However, during the bearish environment, we discovered that investment in short-cycle value content cannot continue to provide values to users in the long run. For the community, the accumulation of high quality content does not grow proportionally with the time span.

From the perspective of team’s experience, we have been working in blockchain sector since last July and have accumulated over 1000 outstanding blockchain developers. These developers mainly come from prestigious corporations and top universities around the world. …


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U Network works hard towards creating an ecosystem in which quality content stand out and get selected. The type of content is different on all social media platforms, whether it is text, picture, audio or video, but no matter what platform it is or what type it uses, better quality content always can get better returns.

U Network testnet went live, one of its most important functions is to implement “One Key Token Release”. This method makes it easy to create tokens and achieve more possibilities. You can find “One Key Token Release” tutorial here:

This time, we want to conduct an experiment, so that high-quality content creators can enjoy the process of creating content and get recognition and reward accordingly. …


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Now let us walk through the One Key Token Release process on U Network testnet.

You can check the video tutorial or follow the step below:

Method 1:

Step 1. Open the browser, find the ‘testnet’ key on U.Network official website


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U Network testnet has been launched for over 3 weeks. 2 bugs on testnet have been fixed. U Network would like to thank all community members’ unwavering support. After last week’s research and systematic planning, U Network testnet would start the development and upgrade into version 2.0.

Now let’s take a look at the detailed progress in the last 2 weeks.

Progress Report:

U Network Blockchain Development

  1. Technical verification and basic test for account model UTXO to change the balance model
  2. R&D on cross-chain relevant technology
  3. Preliminary verification and testing of virtual machine integration
  4. Fixed 2 bugs for testnet
  5. Technical selection planning and strategy formation of testnet 2.0 …

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