InterValue
InterValue
Published in
4 min readOct 1, 2018

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InterValue Project Weekly: 20180924–20180930

Part 1. Development Progress of InterValue.

  1. Project progress

(1) Light node 3.0: Functional development completed, the first round of regression testing completed.

(2) Full node add & exit dynamic management: The completion of the function development, the main process transformation is completed, the network is preparing to be testing.

(3) Local full-node add & exit dynamic management: “Node Application” is determined, the development plan is completed, waiting for development.

(4) Anti-split attack: Test the anti-split attack code effect and code optimization.

(5) Anti-Quantum attack algorithm interface definition completed, waiting to replace the encryption and signature algorithm of node and consensus.

2. Whitepaper

(1) Some regular details have been modified.

Part 2. Strategic Cooperation.

  1. InterValue (INVE) Successfully Listed on FCoin

FCoin officially opened the INVE deposit on Sept 25 and plans to enable trading on Sept 26th, (GMT+8) 20:00. In addition, FCoin will launch two trading pairs for InterValue’s INVE/ETH & INVE/USDT, and set up a trading space dedicated to digital assets based on InterValue’s ecosystem.

INVE/USDT: https://exchange.fcoin.com/ex/intervalue/inve-usdt

INVE/ETH: https://exchange.fcoin.com/ex/intervalue/inve-eth

2. InterValue Signs A Long-term Strategic Partnership Agreement With Beijing’s First “Blockchain Restaurant”

On September 28, 2018, InterValue signed a strategic partnership agreement with Xiangjian Huiwei – Beijing’s first “Blockchain Restaurant” – to cooperate on the development of blockchain technology in the field of catering.

3. InterValue Build A Strategic Partnership With Yonsamity Smart Inn Yunge

On September 29, 2018, InterValue and Yonsamity Smart Inn Yunge, the “Most Popular Inns in 2017", officially signed a long-term strategic cooperation agreement, and both parties will jointly explore the blockchain scene.

4. We cooperated with several major exchanges and implemented the technical issues.

Part 3. Media Activities.

  1. InterValue Open The INVE Bounty Conversion

On September 30, 2018, the user should log into their account, confirm or fill in their ETH address and submit, then wait for the INVE system to automatically convert tokens. INVE bounty conversion request will be ended on October 21st 23:59:59 (GMT+8), failure users can wait for the next round (time is not determined). Until 20:00 (GMT+8) September 30, more than 200,000 INVE have been converted for community users.

2. News: InterValue (INVE) Gets Listed on FCoin Trading Exchange Up 95%

On Sept 27th, 2018. FCoin launched two trading pairs for InterValue’s INVE token: INVE/ETH & INVE/USDT. INVE opened at 0.00006ETH, 0.013 USD, up to 0.000145ETH, 0.031USD, a 100%-rise. And is now quoted at 0.000127 ETH, 0.027 USD, up 95%.

3. News: Currently, There Are Three Wallets That Support InterValue (INVE) ERC20 Token

On Sept 27th, 2018. Currently, there are three wallets that support InterValue (INVE) ERC20 Token: imToken, BiYong, COLDLAR. Next, there will be more wallets to support INVE.

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 testnet 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.

(11) In June 2018, the InterValue 2.0 testnet launched the world’s first local full-node, light-node alpha test.

(12) In July 2018, InterValue launched its first bounty program.

(13) In August 2018, the InterValue 2.0 testnet was awarded the TPS performance testing report and testing certificate issued by China Telecommunication Technology Labs.

(14) In August 2018, InterValue’s Chinese and English white papers are updated from 4.0 to 4.5.

(15) In August 2018, InterValue officially released the INVE ERC20 Token.

(16) In August 2018, InterValue team officially established the Xiangjiang Blockchain Research Institute.

(17) In August 2018, InterValue officially established Blockchain Security Division.

(18) In September 2018, InterValue officially got its INVE token listed on FCoin.

(19) In September 2018, InterValue opens the bounty conversion.

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