IOST Bi-Weekly Report | New Roadmap & Partnerships Unveiled!

Zhen
IOST
Published in
7 min readJul 28, 2020

IOST Bi-Weekly Report is a publication to share IOST’s latest community development, global market expansion, and ecosystem developments with the IOST community.

The IOST Foundation thanks our community for your continued support. Your advice is welcomed and valued here.

A. Technical Ecosystem

[Development]

  • Development of the IOST data analysis platform for internal statistical analysis of transaction volume/transaction value/active DAPP
  • Fix some known issues and prepare to release a new version of the mainnet
  • Development of the block header incremental Merkle tree hash to prepare for light nodes

[Operation and maintenance]

Performed node’s technical communication for access and exit

B. Community Growth & Mainnet Statistics

C. Ecosystem Development

OKEx mining pool experienced an increment of 430 million IOST

According to IOSTABC, the OKEx mining pool experienced an increment of 430 million IOST at 17:47:58 on July 16 and were all used to vote for IOST partners. So far, the number of pledged IOST votes in the entire network has officially exceeded 5 billion, reaching 5.06 billion.

Voting Event by Huobi JP & HashPort Accelerator, promoting IOST’s compliance process in the Japanese market

Huobi Japan Inc. is cooperating with HashPort Accelerator Inc. to hold a voting questionnaire event to reflect the customers’ voices for listing new cryptocurrencies on Huobi Japan.

IOST is one of the six projects supported by HashPort Accelerator in this listing voting event and in Japan market expansion. With the endorsement from HashPort Accelerator and the support from Huobi Japan, IOST hopes to fast track our plan in tapping on the Japanese market.

Support IOST and vote on Huobi Japan by 16 August 2020 to compete against the other 5 cryptocurrencies for the listing on Huobi Japan. Details here.

IOST RoadMap — Dawn of IOST Part II Now Unveiled!

On July 21, IOST officially announced the roadmap for the second half of 2020. In this period, IOST will fully explore the DeFi ecosystem. At the same time, IOST will continue to work on the Nodes Program, DApp ecosystem, cross-chain technology, implementations, compliance development, cooperation with government & enterprises, community expansion, and work with industry practitioners to jointly promote the construction, development, and growth of the blockchain ecosystem.

IOST and ProDeFi mark the next stage in the decentralized finance space with a new collaboration

On July 22, IOST officially announced the IOST X ProDeFi partnership. The combination of IOST — a global top 100 token listed on Binance with ProDeFi’s hybrid financing solutions is one that will add another layer to the decentralized global economy. IOST and ProDeFi have features and aspects that complement each other, and this partnership is the next logical step in opening up classical finance to blockchain benefits, while also enabling broader access to IOST’s high-speed blockchain network.

IOST cofounder Terry Wang as an industry expert lecturer at the University of Zurich on cutting-edge blockchain technology

In mid-July, IOST cofounder Terry Wang successfully concluded his special lecture at the University of Zurich Blockchain Summer Course “Deep Dive into Blockchain”. The course was hosted by the Blockchain Center of the University of Zurich (UZH) in Switzerland, and more than 60 students from all over the world signed up to participate. In his lecture, Terry started from sharing his rich experience and forward-looking in the blockchain industry to sharing the development status and future prospects of IOST and blockchain technology. In the form of online courses, Terry brought cutting-edge blockchain technology knowledge to the bachelor and master students of the Zurich University Summer Blockchain School. In addition, IOST has been included as a research case in the Blockchain Course of the University of Zurich.

Binance “Off The Charts” Conference

IOST cofounder Terry Wang was invited as a panelist at Binance “Off The Charts” virtual conference to discuss scalability in blockchain development on 14 July 2020.

At the meeting, Terry first congratulated Binance on its third anniversary, and then introduced the technological progress and ecosystem development of IOST, and shared his views on blockchain technology and the IOST roadmap for the second half of the year. Terry believes that blockchain will be the cornerstone technology of the digital transformation of the global economy in the future. The full integration of blockchain with big data, the Internet of Things, 5G, etc. will also be expected to empower various industries and even bring disruptive changes. In the second half of 2020, IOST will reach cooperation with more government and enterprises, continue to improve cross-chain technology, and at the same time fully develop the DeFi ecosystem.

Greencore Partners with IOST to Improve the Layer-2 Scalability and User Privacy Protection

On July 20, Greencore officially announced the establishment of a strategic partnership with IOST. IOST and Greencore will work closely in devoting R&D resources towards research and development of layer-2 scaling solutions for Greencore through applying IOST’s advanced public Blockchain technologies to optimize Greencore’s Blockchain infrastructure. Through this partnership, IOST will offer Greencore with its novel and advanced off-chain scaling technology while benefiting from the most promising application scenarios from Greencore, such as the New-energy trading and settlement marketplace. In the future, IOST will work with Greencore to build a more efficient, transparent, and liquid ecosystem for the new energy industry.

IOST Q2 Global Partner Node Conference

At 21:00 on July 23, 2020, Beijing time, the IOST Global Partner Node Conference for the second quarter of 2020 ended successfully. More than 70 partner node representatives from all over the world attended the meeting, with 18 nodes sharing their contributions in Q2 2020 and their development plans for the next quarter.

About IOST

Supported by Sequoia, Matrix, ZhenFund and other world-class investors, IOST is a blockchain platform developed for online service providers, empowered by its unique, next-generation Proof of Believability consensus.

The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by more than 50 blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University, and have more than three years of blockchain-related research experience.

With a one-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, and over 400 nodes, top staking economy, and growing.

If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:

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Zhen
IOST
Editor for

Senior Community manager, editor, and translator at IOST.