DREP Bi-Weekly Report 6.16- 6.30 | DREP Mainnet 1.0 Official Launch, DREP Blockchain Browser Launch, Binance Savings Program Launches DREP Wealth Management Product

DREP Foundation
DREP family
Published in
5 min readJun 30, 2020

Dear members of the DREP community:

In the second half of June, DREP focused efforts on DREP’s technical products and ecological progress.

In terms of technical products, the DREP public chain entered the final preparation phase before mainnet launch, completing the deployment of the mainnet including the documents, application client coding and testing; completed the development and testing of DREP mobile client V2.0.0 to support the DREP mainnet coin transfer feature, which is currently on GooglePlay. The Apple version is under review. We continue to optimize the speed of cross-chain transfers to improve transaction efficiency. We also launched the DREP blockchain browser v1.0.0, supported DREP main chain as well as test chain block height, transaction hash, and address lookup function.

In terms of ecological development, DREP mainnet version 1.0 was officially launched on June 28, achieving high concurrency both on chain and off chain, efficient and stable consensus as well as quick confirmation of transactions. At the same time we updated DREP multi-chain wallet and the DREP blockchain browser. Along with the mainnet, DREP and Binance jointly launched savings program on June 24, a wealth management product with annualised returns of up to 16%. In addition, DREP won the 2020 Blockchain Technology Solutions Award in the second annual conference organised by Chain Plus’ Blockchain New Finance Summit. On June 29, DREP mainnet launch is covered by famous Korean media channel TIME STAMP, raising DREP’s popularity in the local market.

Technological advances

In terms of technical products, the DREP public chain entered the final preparation phase before mainnet launch, completing the deployment of the mainnet including the documents, application client coding and testing; completed the development and testing of DREP mobile client V2.0.0 to support the DREP mainnet coin transfer feature, which is currently on GooglePlay. The Apple version is under review. We continue to optimize the speed of cross-chain transfers to improve transaction efficiency. We also launched the DREP blockchain Browser v1.0.0, supported DREP main chain as well as test chain block height, transaction hash, and address lookup function.

Public chain development process

1. Completed mainnet deployment

2. Completed mainnet documents

3. Completed application client coding and testing

Development of the DREP mobile client product line

DREP mobile client

1.Completed the development and testing of DREP mobile client V2.0.0 to support the DREP mainnet coin transfer feature, which is currently on GooglePlay. The Apple version is under review.

2.Optimized the speed of cross-chain transfers to improve transaction efficiency.

DREP Blockchain Browser

Launched the DREP blockchain Browser v1.0.0, supported DREP main chain as well as test chain block height, transaction hash, and address lookup function.

Ecological Development

In terms of ecological development, DREP mainnet version 1.0 was officially launched on June 28, achieving high concurrency both on chain and off chain, efficient and stable consensus as well as quick confirmation of transactions. At the same time we updated DREP multi-chain wallet and the DREP blockchain browser. Along with the mainnet, DREP and Binance jointly launched savings program on June 24, a wealth management product with annualised returns of up to 16%. In addition, DREP won the 2020 Blockchain Technology Solutions Award in the second annual conference organised by Chain Plus’ Blockchain New Finance Summit. On June 29, DREP mainnet launch is covered by famous Korean media channel TIME STAMP, raising DREP’s popularity in the local market.

DREP Mainnet 1.0 Official Launch

DREP Mainnet 1.0 went live on June 28. DREP is committed to building a connector and toolkit for blockchain. Mainnet 1.0 introduces smart pipeline technology based on DPOS + multi-signature-enhanced PBFT consensus mechanism, achieving high concurrency both on chain and off chain, efficient and stable consensus as well as quick confirmation of transactions. Zero knowledge proof is introduced in DREP DID to protect user’s privacy and information security. Based on the DREP mainchain, the team will further improve the DREP SDK that supports one-click publishing of multi-chain Dapps. At the same time we updated DREP multi-chain wallet and the DREP blockchain browser.

DREP and Binance jointly launched savings program

Along with the mainnet, DREP and Binance jointly launched savings program on June 24, a wealth management product with annualised returns of up to 16%. We bring better DREP asset value-added services to more Binance users and DREP owners. Please refer to the official Binance announcement for details!

Link to Binance official announcement:

https://www.binance.com/cn/support/articles/39d4b24d1e2340beac9b69026c9d0d45

DREP Won Chain Plus 2020 Blockchain Technology Solution Award with High Votes

DREP is committed to building blockchain-based “connectors” and “toolkits” that provide flexibility, ease of use, and efficient solutions. DREP participated in the 2nd Annual Blockchain Summit organized by Chain Plus, and we received a high vote of support from many members to win the 2020 Blockchain Technology Solution Award.

DREP’s mainnet news gets official coverage from leading Korean blockchain media outlet TIME STAMP

On June 29, TIME STAMP, a leading Korean blockchain media outlet, officially reported the launch of the DREP Mainnet 1.0. TIME STAMP has a high profile in the Korean blockchain media, which is due to TIME STAMP’s professional and objective reporting of news and facts. It has a very loyal following in Korea! This official TIME STAMP news coverage of the launch of DREP Mainnet 1.0 will provide DREP brand awareness, taking the blockchain market to a new level in Korea.

The above is the DREP team’s second bi-weekly report for the month of June. DREP will keep up the good work and follow the planned roadmap to further advance DREP’s technical and ecological development, achieving more ground-breaking applications. Thanks to the members of the DREP community for their attention and support!

Official Website: www.drep.org

Telegram: t.me/drep_foundation

Twitter: https://twitter.com/FoundationDrep

Reddit — www.reddit.com/user/DREP-FOUNDATION/

Medium — medium.com/@DREP_Foundation

Linkedln — www.linkedin.com/company/drep-foundation/

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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.