SimpleChain Weekly Report: March 16-March 22

Mainnet Data

Since launching on January 4th 2019, SimpleChain mainnet has been running steadily. Up until March 22nd 2020, the amount of total addresses on SimpleChain is 11,769. Average peak computing power is 360.530 GH/S, and average peak difficulty is 4,561 G. The amount of total transactions is 164,547.

Technical Development

SimpleChain 2.0

1. Optimized DPOS consensus, tried implementing EOS’s DPOS: save the DPOS consensus content in the form of an MPT tree, and write the root hash into extra of the header;
2. Researched HotStuff consensus algorithm, tried adding the Libra-BFT consensus to replace the current PBFT consensus;
3. Modified test cases for testNet 2.0;
4. Researched methods of deleting anchor nodes;
5. Researched hash-locking cross-chain method;
6. Fixed bugs.

SimpleNode

Fixed bugs.

ChainBox

1. Conducted testing on multi-language versions;
2. Fixed bugs.

Blockchain Explorer

1. Add the feature to switch between mainnet and testnet;
2. Added ‘write’ part of contract to solve SimPlug jump issues;
3. Conduced testing and fixed bugs;
4. Released SimPlug.

Simpool
Completed the requirements for the free fee promotion and started testing.

Community Highlights

SimpleChain Foundation Council Election: Candidate AMA Session 1

On January 4, 2019, SimpleChain mainnet was officially launched. In 2019, we witnessed the rapid expansion of the SimpleChain community, as well as the implementation of SimpleChain applications in various fields. In 2020, during the second year of the SimpleChain Foundation’s operation, through the election to add new Council members, we hope that more SimpleChain enthusiasts will join the Foundation, and use their knowledge, talents and resources to facilitate the Foundation, inspire the community, and advance SimpleChain technology promotion, application implementation, community development and ecosystem construction.

A total of 18 candidates are made up of elites from local industries, overseas scholars as well as experts of communications technology, digital assets, and big data. 9 candidates with the most votes will become new Council members of the SimpleChain Foundation. We’re holding a series of AMAs with candidates to meet with the community and share their understanding of the industry and their plans and visions for the future of SimpleChain. In the first session, we invited Song Xue (founder of DxPool) and Dachao Tian (founder Blocknology Capital, initiated Global Blockchain Fund Alliance).

Partnership with Bithelp: Fighting Coronavirus

Earlier this month, SimpleChain Foundation and Dataqin donated 10,000 Hazmat suits to Wuhan JiuZhouTong Nursing Home, The Second Affiliated Hospital of Zhejiang University School of medicine, Zhejiang University School of Medicine Sir Run Run Shaw Hospital, Zhejiang Univsersity School of Medicine Children’s Hospital and other hospitals in Zhejiang province.

To continue to help with the worldwide fight against coronavirus, SimpleChain formed a strategic partnership with Bithelp, a platform for trackable cryptocurrency donation.

As a global digital charity platform, Bithelp (www.bithelp.io) was developed by a senior blockchain development team of members with more than five years of R&D experience. The Bithelp team believes that blockchain and digital currencies will bring major positive changes to the world, and charity can change the image and perception of digital currencies and blockchains in the entire world.

Renowned Investor and Senior ExecutiveJoined B.VIP

An Zejia, chairman of Beijing Hanxi Investment, and renowned investor Sheng Tao just joined the B.VIP platform. Sheng Tao has over three decades of experience in business management. An Zejia graduated from Tsinghua University with an EMBA. He is a well-known investor and professional manager. He has served as board director and senior manager in a number of large enterprises, publicly listed companies and private equity funds. He has extensive experience in managing large enterprises and projects.

B.VIP is a premium decentralized global cryptocurrency management platform and opeartes as a DAO. The second round of application started on March 10 and is continuing to attract high net worth individuals to join. B.VIP’s current members include renown investors Chadwick Lee, Zheng Hairuo, Wen Junfeng, and Alxa Society Entrepreneur Ecology (SEE) Supervisor Zhou Zhou.

About SimpleChain

The mission of SimpleChain is to simplify the blockchain for business.

SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus and block data structure as needed, to enable a variety of applications and use cases on blockchain. Sharding is also implemented to improve performance. This double-layered structure of one main chain and multiple sub-chains can fuel various applications while ensuring the consistency of the network.

Built on VeraxChain, SimpleChain’s first sub-chain, Baoquan.com provides record keeping services which serves to keep records of online data and authenticate electronic evidence. In June 2018, Hangzhou Internet Court of China judged a case of copyright dispute based on data stored on Baoquan.com. For the first time in China, the legal effect of the electronic data stored on blockchain is recognized in the judicial system. (News link: https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules)

Find SimpleChain at:

— -Overview — -

Website: www.simplechain.com
Whitepaper: www.simplechain.com/ims/chain/download?spm=1922.1381.010729.122&language=english
Github: www.github.com/simplechain-org
Blockchain Explorer: www.explorer.simplechain.com/

— Community — -
Twitter: www.twitter.com/SimpleChain
Telegram: www.t.me/SimpleChainEN
Medium: www.medium.com/SimpleChain
Reddit: www.reddit.com/r/SimpleChain
Facebook: www.facebook.com/SimpleChainOfficial

— -SIPC Mining & Trading — -
Wallet-Chainbox (Chinese only at the moment): download available at www.simplechain.com

Mining Client-SimpleNode (English & Chinese, can also act as a wallet): download available at www.simplechain.com

Mining Pools
1. SimPool (Chinese only): www.simpool.vip
2. MATPool (Chinese only): www.matpool.io/
3. DXPool (English & Chinese): www.dxpool.com/
Mining Guide with DXPool: https://www.dxpool.com/help/en/sipc-mining-tutorial

Mining Machine: SimpleNode X1 USB mining machine: 2M hashrate, 5W power use. Please contact @Laurenxy on Telegram if interested.

Trading

SIPC/CNT & SIPC/USDT: www.zt.com