QuarkChain Monthly Project Report: May 2022

Dear Community Members,

Welcome to the 77th QuarkChain Monthly Report (May 2022). We will post monthly reports including development progress, monthly news, and events at the end of each month. In the future, QuarkChain strives to do better. Let’s review what happened in the past month!

1) Recent news

1.1 Dr. Zhou, founder and CEO of QuarkChain, put forward multiple Ethereum Improvement Proposals (EIPs) based on QuarkChain methodology and were adopted

Recently, combined with QuarkChain’s experience in blockchain and the commonality between QuarkChain and Ethereum in the multi-layered aspects mainly based on virtual machines, Dr. Zhou, the founder and CEO of QuarkChain, put forward a number of Ethereum improvement proposals (EIP) to the Ethereum community. ) and were adopted. These proposals have become QuarkChain’s contribution to the development of the entire blockchain industry, and also provide a broader test platform for Dr. Zhou’s blockchain system design ideas, and can provide the same functions on QuarkChain. refer to.

The content of this proposal is to allow the Ethereum network to support contract codes over 24KB. For proposal details, please see:

1.2 Dr. Zhou tweeted that the EIP4488 proposal proposed by Vitalik has been successfully implemented

Recently, Dr. Zhou tweeted that he has successfully implemented the EIP4488 proposal proposed by Vitalik. The full name of EIP-4488 is “Transaction calldata gas cost reduction with total calldata limit”. The main purpose of EIP-4488 is to reduce the cost of uploading data from off-chain to on-chain to ~20% without introducing potential attacks on the network!

For details, see:

https://twitter.com/qc_qizhou/status/1527124929790889984

1.3 QuarkChain was included in the list of top ten ERC20 blockchain architecture projects released by EthereumDaily

QuarkChain was included in the list of the top ten ERC20 blockchain architecture projects by market capitalization published by EthereumDaily, and QuarkChain ranked ninth. EthereumDaily is a platform that publishes daily news, guides and featured information.

1.4 QuarkChain is included in the GCrypto list

QuarkChain was selected as “15 Promising Projects with a Market Cap of Less than $100 Million” by GCrypto, an investment research institute.

2) Events

2.1 Dr. Zhou gave an open class at DAppLearning Open Source University to introduce PoS / Tendermint consensus

In order to allow more blockchain technology enthusiasts and developers to quickly join the blockchain field and develop for the entire industry. Dr. Zhou gave an open class at DAppLearning Open Source University to introduce PoS / Tendermint consensus and its application in blockchain systems.

3) FYI

Thanks for reading this report. QuarkChain always appreciates your support and company.

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