QLC Chain Bi-Weekly Report — #039

QLC Team
QLC Team
Nov 21 · 5 min read

78+ million QLC staking volume, 2000+ daily on-chain transactions, Q-Wallet user base approaching 6000

  1. 10-day QGas Buyback Campaign started on 19/11, the top winner of the 1st campaign day took away 1588 QLC

Following the discount of mobile plan top-up offering, the QGas buyback campaign was released to increase the trading capacity and improve QGas liquidity.

Since the launch of Q-Wallet in late October, Q-Wallet user base hit a milestone of 4000 and is approaching 6000. A big THANK YOU to the early supporters!

To give back to the users and celebrate this achievement, the buyback campaign is awarding all the QGas trading participants with QLC, join to share in the reward pool of up to 10,000 QLC daily.

Find the campaign rules and get onboard to close your QGas deals and receive a share of QLC rewards. Update your Q-Wallet to the latest to try out with the one-click to transaction in Q-Wallet OTC.

iOS: https://apps.apple.com/us/app/my-qwallet/id1470918335

Android: https://play.google.com/store/apps/details?id=com.stratagile.qwallet&hl=en

2. Joint workshop on SMS settlement with Hong Kong leading carriers

On November 18th, a fruitful SMS settlement solution workshop was jointly hosted by the QLC Chain team and representatives from several Hong Kong’s leading carriers. Future close cooperation is under discussion.

3. QLC team recent activities

Allen Li, the founder of QLC Chain was invited to the Industry Frontiers (Shenzhen) Roundtable Forum on the theme of “Convergence and fusion of the on-chain innovations, blockchain adopted enterprises in the face of opportunities and challenges” to share about QLC Chain Embracing the 5G Era.

Allen shared the public chain development progress with the representatives and chiefs from China’s Central Bank Blockchain Trade Finance Platform and industry unicorns such as Tencent and WeBank that are pushing towards the global blockchain dominance.

Allen introduced the progress of the public chain development from 3 dimensions:

1. How QLC Chain improves the TCP/IP protocol, privacy and security of the SMS and SMTP protocols with their application in the QLC Chain-empowered counter telecom fraud platform.

2. A shared ownership of the network infrastructure for IoT/MVNO/5G.

3. The integration of blockchain-based billing with the 5G core, the QLC Chain-based solution to SIM Swapping fraud and 2FA authentication.

Find more about the forum via https://medium.com/@QLC_team/allen-li-attended-the-industry-frontiers-shenzhen-roundtable-forum-sharing-about-qlc-chain-f2cfb9b63b2d

Allen was making a speech during the discussion

4. Confidant update — New encryption method added in

Password encryption was added to the latest update of Confidant with the improved security level of the invitation email sent to non-Confidant users.

When an email is sent using the extra layer of password encryption, the recipient can only use access and read the email content with Confidant.

5. Q-Wallet mobile plan top-up country coverage expands to Singapore and Indonesia

Q-Wallet will add Singapore and Indonesia to its country coverage and support the mobile top-up discount for the local mobile numbers. Q-Wallet users from the 2 countries will soon enjoy the exclusive offering with QGas, OKB and MX token as the discount coupon.

6. QLC staking amount hit a new all time high- 78,279,150.00 QLC

Total QLC staking amount hit a new ATH of more than 78 million.

PUBLIC CHAIN DEVELOPMENT — Multidimensional Block Lattice

Completed (Oct 28th — Nov 8th)

  • Released v1.3.0
  • Read genesis account from config
  • Performed test of v1.3
  • Moved PoV miner & stratum to independent repository

Ongoing (Nov 11th — Nov 25th)

  • Refactor internal EventBu
  • Prepare for automated integration testing
  • Fix all golang-lint warning and error
  • Improve the efficiency of single account consensus
  • Start QLC-local project to build personal blockchain for QLCChain development

Next Step(Nov 26th — Dec 6th)

  • Prepare for the second phase of (P2P/Consensus) optimization
  • Refactor airdrop contract base on new contract interface
  • Pre-research for development tasks in 2020

Confidant Development

Completed (Oct 28th — Nov 8th)

  • Authentication and integration of the Oauth2.0 in the Confidant mobile client and performed tests.

Ongoing (Nov 11th — Nov 25th)

  • Improve the interface display of the Invitation email sent to the non-Confidant email accounts
  • Improve the basic features of the Confidant PC client.

Next Step (Nov 26th — Dec 6th)

  • To develop the new photo album encryption module in the mobile client
  • Continual development and improvement of the basic feature module including email in Confidant PC client.

Q-Wallet Development

Completed (Oct 28th — Nov 8th)

  • Supported OKB as the coupon for mobile recharge

Ongoing(Nov 11th — Nov 25th)

  • Improvement on the OTC using module
  • QGas buyback campaign module added in

Next Step(Nov 11th-Dec 6th)

  • Development of OKB staking functionality

Dossier of reading to understand QLC Chain mainnet

About QLC Chain

QLC Chain is to resolve the data trust and security problem in the communication industry, and aim to build a public chain for Network-as-a-Service (NaaS) platform.

From ledger structure perspective: QLC Chain supports each account to have its own chain of ledger integrated with telecom service capabilities, named the multi-dimensional block-lattice structured ledger.

From an adoption scenario perspective: QLC Chain’s mission is to create a secure and trusted environment for communication services and to narrow down the digital divide by leveraging Distributed Ledger Technology, enabling everyone to operate and benefit from network services.

Learn more about QLC Chain https://qlcchain.org

QLC Chain

QLC Chain is the Next Generation Public Chain for Decentralized Network-as-a-Service. QLC Chain’s mission is to create a secure and trusted environment for telecom services and to narrow down the global digital divide by leveraging Distributed Ledger Technology (DTL).

QLC Team

Written by

QLC Team

The first public Chain for decentralized Network-as-a-Service! Visit our website at https://qlcchain.org/ Twitter @QLCchain

QLC Chain

QLC Chain

QLC Chain is the Next Generation Public Chain for Decentralized Network-as-a-Service. QLC Chain’s mission is to create a secure and trusted environment for telecom services and to narrow down the global digital divide by leveraging Distributed Ledger Technology (DTL).

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