VNT Weekly | VNT Chain Project Progress

VNT Chain Labs
VNT Chain Labs
Published in
3 min readNov 13, 2018

VNT WEEKLY, November 11

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

1. On November 3, Zhou Feng, Zhejiang University alumni entrepreneur and VNT Chain co-founder, was invited by Zhejiang University Australia Alumni Association to the Blockchain Forum of the Alumni Entrepreneur Club. The event was hosted by Chen Peizhong, President of Sydney Branch of ZJUAAA and was held in the Conference Room of alumni enterprise SpringCapital. During the event, Zhou Feng explained the “former and present life” of the blockchain technology, talked about his own views on the future development of the industry, and conducted an in-depth discussion with the audience.

2. On November 6, Dr. Huang Butian, founder of Yunphant Block Chain and co-founder of VNT Chain, was invited to the Blockchain Technology Exchange Seminar jointly organized by China Securities Industry Association Trusteeship Settlement Committee and the Financial Technology 50 Forum. The topic was blockchain technology and capital markets. At the seminar, Dr. Huang demonstrated the application of Yunphant blockchain in the fields of letters of credit and Forfeiting.

Community News

On November 7, the PK Game on Wednesday is coming! Participate in the topic - "Coinbase confirms the listing plan to trigger hot discussion" interaction and get up to 588VNT! VNT fans have expressed their opinions on the topic in an extremely heated state!

Development Progress

Consensus Module

1. Offline Witness Removal Program Survey – 100% Completed

2. BFT message pool and message encapsulation – 85% Completed

3. BFT message processing logic implementation – 85% Completed

4. BFT messaging interface and message interaction development – 85% Completed

5. Non-witness investigation and design of verification scheme for BFT process – 100% Completed

6. Non-witness development of verification scheme for BFT process –20% Completed

Smart Contract Module

1. Contract compiler code refactoring completed, unit test under progress -- 25% Completed

2. Implement the compiler Generic framework, including Generic's Instantiation, call function in Generic—100% Completed

3. Implement Array(T) and String = Array(Char)—100% Completed

4. The development of compiler test framework—80% Completed

5. The optimization of Intelligent contract formalization proof design – 55% Completed

6. The development of contract secondary compilation function—25% Completed

7. WASM virtual machine decoupling completed, debugging—25% Completed

8. Contract sample development (Q language)—45% Completed

9. Gas injection in WAVM, complete WASM code block parsing – 65% Completed

10. Fix string encoding bug in event data.

11. Perfect the virtual machine design documentation.

P2P Module

1. Support Swarm file service protocol –100% Completed

2. Multi-node communication test and defect repair—80% Completed

3. Network environment and fault-tolerant testing, repairing disconnection reconnection bugs—45% Completed

4. Handle protocol read timeout bugs.

5. Refactoring the code of the P2P connection management part, adding error handling to the protocol, and improving the protocol reader.

6. The update of P2P module design document—25% Completed

Cross Chain

1. Side chain technology pre-research – 90% Completed

2. Combination of ring signature technology and notary schemes—90% Completed

3. Design of cross-chain interaction scheme based on notary – 30% Completed

4. Cross-chain interaction demo based on notary public—20% Completed

Consortium Chain

1. Consortium chain V1.1 stability test – 80% Completed

2. Consortium Chain V1.1 performance test – 55% Completed

3. Demand analysis of Consortium Chain V1.2 –65% Completed

4. The development of Consortium Chain V1.2 design – 15% Completed

5. BaaS platform V1.1 stability test – 30% Completed

6. The PRD development of BaaS Platform V1.2 – 85% Completed

7. Research of monitoring platform design—100% Completed

8. The development of monitoring platform design—20% Completed

9. Research on the technical design of zero-knowledge proof – 95% 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.