InterValue Project Weekly: 20180820–20180826

Part 1. Development Progress of InterValue.

1. Project progress

(1) We completed code verification about the cold wallet and hot wallet.

(2) We completed the trading module on account’s mode transformation.

(3) We completed the development of iterator after sub-database.

(4) We completed the implementation of the PoW mechanism with dynamic node.

(5) We discussed the HashNet storage problem and clarified the snapshot generation and storage scheme.

2. Whitepaper

(1) Some regular details have been modified.

3. Communities

(1) The member of InterValue English telegram groups reached to 50,429.

(2) The member of InterValue Chinese telegram groups reached to 91,776.

Part 2. Strategic Cooperation.

1. Hold the first training of blockchain with “Xiangjiang Blockchain Research Institute”.

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

Part 3. Media Activities.

1. InterValue Qualifies for Founder World Championship Finals

On August 25, 2018, InterValue was selected among 14 contestants from the first group of the semi-finals of the Founder World Championship and made it to the competition finals. InterValue won the unanimous approval of the judges and experts on the spot. This selection was motivated by the strong capabilities of the project technical team, the innovative technical solutions that InterValue offers, the project roadmap, current implementation and the thorough review of the performance test issued by China Telecommunication Technology Labs to confirm the high transaction throughput claimed by InterValue’s network.

2. “Gao Shou Zai Xian” WeChat Live Event

Storm Zhang, InterValue’s core architect, was invited to participate in the “Gao Shou Zai Xian” WeChat live broadcast event on August 22, 2018.

3. The media wrote the “InterValue 2.0 TestNet TPS Performance Test” report on the InterValue project, which is reprinted by many medias.

4. The We-Media wrote the “Interview with InterValue-CEO Barton Chao: Blockchain 4.0 Ecosystem Model Pioneer” report on the InterValue project, which is reprinted by many medias.

5. 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.