SimpleChain Weekly Report: September 21-October 7

SimpleChain
SimpleChain
Published in
3 min readOct 10, 2020

Mainnet Data

Up until October 7th 2020, the amount of total addresses on SimpleChain is 14,254. Average peak computing power is 509.825 GH/S, and average peak difficulty is 6,881 G. The amount of total transactions is 223,111.

Technical Development

SimpleChain 2.0

  1. Researched the update of Ethereum’s p2p module, and realized cross-chain between Simplechain and Ethereum;
  2. Modified the broadcast method of PBFT consensus messages to improve efficiency while reducing loss of messages;
  3. Modified the block synchronization logic to reduce the size of the broadcast message package during block generation;
  4. Researched data storm caused by repeated requests from synchronization nodes to synchronize large blocks (> 1M);
  5. Fixed bugs.

Developer Challenge

Submission of products has ended. All products being reviewed by judges at the moment.

About SimpleChain

Launched on January 4, 2019, SimpleChain aims to simplify the blockchain for business, and build a simple, easy-to-use distributed blockchain network to promote a distributed digital economy. SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus mechanisms and block data structure as needed, to enable a variety of applications and use cases on blockchain. SimpleChain now has applications in digital evidence deposition, copyright protection, gaming, cryptoasset services, social e-commerce, and more.

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 Wallet, Mining & Trading — -
Mobile Wallet-SIPC.VIP: download available at https://www.sipc.vip/?lang=en

Mobile Wallet-Chainbox: download available at www.simplechain.com

Browser Plug-In Wallet-SimPlug: guide available at https://medium.com/simplechain/simplug-guide-sipc-wallet-in-your-browser-c2440843decb

Mining Client on PC-SimpleNode (can also act as a wallet): download available at www.simplechain.com

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

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

Trading

SIMPLE/USDT: www.coinex.com

SIPC/USDT: www.ztb.com

(Both SIMPLE and SIPC represent SimpleChain’s native digital asset.)

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SimpleChain
SimpleChain

Launched on January 4, 2019, SimpleChain aims to simplify the blockchain for business, and build a simple, easy-to-use distributed blockchain network.