VNT Weekly | VNT Chain Project Progress

VNT Chain Labs
VNT Chain Labs
Published in
4 min readOct 10, 2018

VNT WEEKLY, October 7

This is the weekly report of VNT Chain in which you will find about the latest project updates, community news and development progress. It would be a great honor for us to share exciting news and build the ecology with you!

Project Updates

Recently, the VNT Chain project entered the beautiful Lion City-Singapore and was invited to the Dropbox-BlkChain Cocktail party. The event was co-sponsored by Consensus Lab, MARS FINANCE and BRC. The event brought together the Singapore blockchain. More than 50 industry major foundations and more than 20 domestic and international authoritative media were present.

Liu Zhenguang, chief scientist of VNT Chain, who is also a postdoctoral fellow in computer science at the National University of Singapore and a senior expert in blockchain/big data, made a wonderful speech about the project at the event. He introduced the origin and background of the VNT Chain project to the guests from all over the world. "We are doing something to reconstruct the relationship of human trust. This is an ecological world that faces the world and leads to the future."

Community News

1. On September 29, the “National Day Scissors Creative Competition” officially opened! Gold V Award 38888 VNT is waiting for you! Join us now: Send a creative photo of the scissors to the public account. The deadline will be October 8, come on friends!

2. The gifts of VNT Chain Mid-Autumn Festival Campaign have been released today! Gifts are as follows: the first prize, a box of hairy crabs + 2 kg of persimmons; the second prize, 5 kg of Shandong handmade big buns; the third prize: one VNT culture shirt. Please keep the phone connected!

Development Progress

Consensus Module

1. Witness management function development – 85% Completed

2. Pre-research of Verifiable random function application pre-research in consensus prototype – 65%

3. Pre-research of the application of BFT in consensus prototype – 100% Completed

4. Integrated BFT plan design—85% Completed

5. Non-witness investigation and design of verification scheme for BFT process – 20% Completed

Smart Contract Module

1. Improve the contract language compiler and implement vitual call & vtable and while / loop; basic Turing completed – 60% Completed

2. Contract language runtime type system is under constructing – 20% Completed

3. WASM compatibility test for smart contract programming –100% Completed

3. Research on smart contract formalization demonstration program—95% Completed

4. Optimize virtual machine exception handling mechanism—80% Completed

5. Support struct – 100% Completed

6. Improve Array – 100% Completed

7. WAVM supports the pre-research of uint256 – 50% Completed

8. Gas Design—100% Completed

9. Design of WASM Virtual Machine Decoupling Scheme – 70% Completed

10. ABI generation tools support map and array -- 80% Completed

11. Scheme design of contract secondary compilation – 45% Completed

12. Strip virtual machine core library and support contract offline debugging--10% Completed

P2P Module

1. Perfect event calls in the P2P layer. Being debugging – 65% Completed

2.Transaction transmission and block synchronization sub-protocol extension –100% Completed

3. Protocol modification based on libp2p data structure -- 100% Completed

4. Blacklist function development and debugging of network layer completed– 100% Completed

5. Intranet penetration function development of network layer – 50% Completed

6. Reader modification of protocol layer – 100% Completed

7. Support for protocols such as les, bzz, and shh – 45% Completed

8.Complete the verification of whisper and dashboard verification methods—100% Completed

9. Research the reason of whisper protocol receiver’s failure on recognizing the massage, debugging – 30% Completed

Cross Chain

1. Hash lock technology pre-research – 90% Completed

2. Hash lock scheme demo verification – 65% Completed

3. Notary public technology pre-research – 65% Completed

4. Side chain technology pre-research – 50% Completed

5. Combination of ring signature technology and notary public technology—50% Completed

Consortium Chain

1. The first round of functional testing of the Consortium Chain 1.1 version– 100% Completed

2. Consortium chain V1.1 stability test. Memory leak in the node is under debugging – 20% Completed

3. Second round of functional testing consortium chain v1.1 – 20% Completed

4. Second round of functional testing of Developer platform-- 100% Completed

5. Stability test of developer platform – 75% Completed

6. Research on the technical design of zero-knowledge proof – 70% Completed

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VNT Chain Labs
VNT Chain Labs

VNT Chain targets to build a global distributed smart value network based on blockchain technology.