VNT Weekly | VNT Chain Project Progress

VNT WEEKLY, December 3

This is the weekly report of VNT Chain in which you will find about the latest project updates, community news and development progress. It would be a great honor for us to share exciting news and build the ecology with you!

Project Updates

1. On November 30, the 2018 International Blockchain Consensus Conference was convoked in Changsha International Convention and Exhibition Center. Dr. Huang Butian, co-founder of VNT Chain and founder of Yunphant Blockchain, had a speech of ‘Next Generation Distributed Consensus Mechanisms and Systems Design’ about the topic of ‘Consensus Mechanisms and The Real Economy — Innovation of Technology and Application’, and carried out thorough communications and discussions with other guests and audiences in the conference.

2. Recently, VNT Chain ran road shows in the Tsinghua University and the University of Beijing, with the Bitrun College blockchain technology week Beijing special session. Wang Congli, co-founder of Yunphant Blockchain shared the ‘Exploring The Landing of Future Blockchain’, and had discussion with students from universities on the knowledge of blockchain industry.

3. On November 30, Zhou Feng, co-founder of VNT Chain, attended to the Application Special Meeting of Blockchain, the 22nd phase of Hangzhou E-Commerce Innovation and Entrepreneurship Salon hosted by Hangzhou Business Committee and sponsored by City Newspaper. Zhou Feng delivered a splendid speech on how block chains can enable the real economy.

Community Updates

VNT Thanksgiving Event was successful. These gifts of Want-Want Big Gift Bag, Northeast Rice and Steamed Bread of Corn will be delivered soon. Please stay turned for the warm winter gift from VNT!

Development Progress

Consensus Module

1. The research of offline Witness Removal Program — 65% completed
2. The development of BFT module was completed, debugging — 45% completed
3. Non-witness development of verification scheme for BFT process — 60% completed
4. Refactor the Witness Management Contract Code, Matching Virtual Machine Interface — 50 % completed
5. The design of Witness Incentive Program — 45% completed
6. BFT functional unit testing — 20%

Smart Contract Module

1. Contract compiler code refactoring completed, unit test under progress — 75% completed
2. Contract compiler integrates with Sender, Address, Event and completes testing
3. Optimize local variable assign mechanism — 60% completed
4. Array and cross-contract call testing — 100% completed
5. The optimization of smart contract formalization proof design — 80% completed
6. The development of contract secondary compilation function — 60% completed
7. Compilation of WASM code — 25% completed
8. Contract sample development (Q language) — 100% completed
9. Gas injection in WAVM, complete WASM code block parsing — 100% completed
10. Coverage functional test and Gas consumption test for WAVM — 25% completed

P2P Module

1. Weak network environment and fault tolerance test — 85% completed
2. The update of P2P module design document — 65% completed

Cross Chain

1. Design of cross-chain interaction scheme based on notary — 65% completed
2. Cross-chain interaction demo based on notary public — 60% completed

Consortium Chain

1. Consortium chain V1.1 stability test — 100% completed
2. Consortium Chain V1.1 performance test — 100% completed
3. Demand analysis of Consortium Chain V1.2–95% completed
4. The Consortium Chain V1.2 design — 55% completed
5. BaaS platform V1.1 stability test — 60% completed
6. The BaaS Platform V1.2 design — 25% completed
7. The monitoring platform design — 85% completed
8. The monitoring platform prototype and UI — 20% completed
9. The monitoring platform backend development — 10% completed