DREP Bi-Weekly Report 4.16–4.30 | Significant updates from DREP developer community, optimized process of block synchronization and the construction of blockchain info-sharing platforms

DREP Foundation
DREP family
Published in
5 min readMay 7, 2020

Dear DREP Community Members,

In the second half of April, DREP paid close attention to both the optimization in technical solutions and the progress on the ecosystem of cryptocurrency.

On technology, the public chain has been under continuous tests and optimization, including the optimization of block chain synchronization process, which managed to keep the blocks in line according to the communication time with each node and choose the shortest one for block synchronization; we also solved the abrupt suspension of the synchronization which caused state tree’s recovery failure. The speed and stability of cross-chain transactions in DREP mobile client have been enhanced; the setting of wallet transfer fee has been oriented to improve cost effectiveness.

On ecosystem, significant news will be revealed in the DREP developer community to monitor the latest progress of the project. The technical standard docking from DREP payment SDK will come along when DC/EP admits third-party Apps. DREP payment will be a fine supplement to the DC/EP payment by then. DREP provides block chain technology and product services, and permits the construction of block chain info-sharing platforms. The DREP team is committed to building the next high-performance public chain, supporting transaction payment and more pass-through functions.

Technology

On technology, the public chain has been under continuous tests and optimization, including the block synchronization process optimization, which managed to keep the blocks in line according to the communication time with each node and choose the shortest one for block synchronization; we also solved the abrupt suspension of the synchronization which caused state tree’s recovery failure. The speed and stability of cross-chain transactions in DREP mobile client have been enhanced; the setting of wallet transfer fee has been oriented to improve cost effectiveness.

Development of public chain

  1. Optimize the synchronization process of block chain, keeping the blocks in line according to the communication time with each node and choose the shortest one for block synchronization; the node which takes up longer time to communicate will be dismissed for the moment and be restored after a certain period of time.
  2. Solved the problem of transaction getting stuck in the pool for long periods of time.
  3. Solved the abrupt suspension of the synchronization which caused state tree’s recovery failure.

The developing process of DREP mobile client

DREP mobile client

  1. The latest iOS version is under review of App Store
  2. The speed and stability of cross-chain transactions have been improved
  3. The setting logic of wallet transfer fee has been oriented to enhance cost effectiveness (faster & cheaper)

Ecosystem

About ecosystem, significant news will be revealed in the DREP developer community to keep abreast of the latest progress of the project. The technical standard docking from DREP payment SDK will come along when DC/EP admits third-party Apps. DREP payment will be a fine supplement to the DC/EP payment by then. DREP provides block chain technology and product services, and permits the construction of blockchain info-sharing platforms. The DREP team is committed to building the next high-performance public chain, supporting transaction payment and more pass-through functions.

Significant updates in DREP developer community

To make more technical developers understand DREP project and participate in DREP community construction and technology development, DREP updated public chain document and added the latest instruction of technical products. Updates including: DBFT, Smart Pipeline, DREP Smart Channel, Zero-Knowledge Proof, DREP Client, DID, DREP BaaS, etc.This update aims to synchronize the latest project progress with community members, as well as communicate with more potential developers to explore the latest blockchain technology development. It can accelerate the development of DREP product technology through communication and contribution, comprehensively show the strength and advantages of DREP project.

DREP Payment SDK Will Integrate Chinese Central Bank’s Digital Currency DC/EP as One of The Payment Currencies

DREP co-founder Xiaolong Xu states: The purpose of DREP payment SDK is to make payment easier and faster. The value of CBDC is stable and its denomination is small. Compared with common digital currencies such as Bitcoin and ETH, DC/EP is suitable for small-value and high-frequency transactions, complementing digital currency payment. If DC/EP is open to third-party wallet apps, DREP will conduct the technical docking with DC/EP as soon as possible. Based on the digital currency payment, DREP wallet will add the function of DC/EP payment.

DREP Research Institute: negative report on Remdesivir trial shows the importance of blockchain information platform

The information on the platform is immutable, irreversible and trust-worthy. DREP is committed to building “connectors” and “toolkits” based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration. Based on DREP Chain, DREP ID and DREP SDK, DApp R&D teams are able to release multi-public-chain asset versions, built-in wallets and asset trading platforms with one-click.

DREP Research Institute: “Does Libra have 2.0 — Viewpoints on the future of public chain”

Recently the Libra Association has officially made some big updates to their project, almost obliterating the original framework. However, the future of public chain is not, and will not be doomed. The DREP Team is dedicated to building the next generation blockchain technology. If you are interested in exploring future business opportunities in the blockchain industry, please join our community and keep updated with our latest news.

The above is the second DREP bi-weekly report in April 2020. Next, DREP will further promote the development of technology and ecosystem according to DREP roadmap, realizing more applications. If you are interested in exploring future business opportunities in the blockchain industry, please join our community and keep updated with our latest news.

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DREP Foundation
DREP family

DREP 2.0 is the decentralized credit-data middleware based on layer-2 facilities, to be the backbone of DeFi Credit Era.