VNT Weekly | VNT Chain Project Progress
VNT WEEKLY, October 21
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. VNT Chain invites you to focus on the blockchain on October 25! The Sub-Forum of 2018 China Computer Conference held by Yunphant Blockchain “Blockchain Technology and Application Trend” is about to open in three days! The guests attending the conference include: Bai Shuo, Director of ChinaLedger Technical Committee; Professor of Zhejiang University, IEEE Fellow Chen Yan; founder of Yunphant Blockchain and co-founder of VNT Chain, Dr. Huang Butian; CEO of Huobi China, Yuan Yuming; President of Huobi University, Yu Jianing; the first member of the CCF blockchain committee, Wan Zhiguo; the founder of Bytom, Duan Xinxing; the joint promoter of VNT Chain, Zhou Feng; the co-founder of Yunphant Blockchain, Deng Xu; the promoter of the Wooden House Capital, Huang Haiguang; Dean of the Zhejiang Blockchain Science and Technology Research Institute, Fengke, and some other mystery guests! This big gathering will bring IEEE Fellows, top experts, well-known entrepreneurs and other blockchain industry elites together. What kind of sparks will collide? Stay tuned!
2. Recently, Yunphant Blockchain has helped Zhejiang Financial Assets Trading Center to build up the auditing system. The blockchain technology-based auditing system has the characteristics of real-time data synchronization, secure sharing, tamper-proof traceability, etc. It can help Zhejiang Financial Assets Trading Center to further optimize its working mechanism, improve product issuance efficiency, and provide deliberation and decision-making basis for product management. The consortium chain is composed of relevant departments of Zhejiang Financial Assets Trading Center, accounting firms, rating agencies, law firms, etc. Different nodes have different operational rights and business processes has been simplified through smart contract technology. The cooperation with Zhejiang Financial Assets Trading Center is again an important milestone in the integration of blockchain technology and real economy.
3. On October 16th, VNT Chain co-founder Zhou Feng was invited to the "Suanli Talk Show" sponsored by Suanli Finance. Zhou Feng said, "The public chain is a long-term track, and only the best ones can survive the fierce competition. Time will be the best examiner. The user base of the blockchain will also be a decisive factor just like the internet. Therefore, the VNT Chain will definitely work hard in application scenarios." At present, the application scenarios of VNT Chain is mainly concentrated in the field of finance and intellectual property.
Community News
1. On October 18th, senior structurer of VNT Chain, Yang Hongxing made a speech at CSDN Academy for Lesson 8 of blockchain full stack engineer guide – depth analysis of layered deterministic wallet. Yang Hongxing explained the principle of the master private key, analyzed the wallet discovery algorithm, and formed the entire closed-loop structure of the layered deterministic wallet algorithm. The speech was sought after by the majority of technology enthusiasts.
2. The voting session of “National Day Scissors Creative Competition” is officially ended! 356 fans participated in the contest and 20 of which was shortlisted for voting. 郭璋、小可、阿宁won Golden V, Silver V and Bronze V separately with the 38888VNT, 18888VNT and 8888VNT. Additionally, fans who got fourth to tenth place will get “Best Ten” award with 1000VNT; those who got 11st to 20th place will get a candidate award with 500 VNT. Anyone who participated can get a participation award with 88VNT! All gifts will be given out within 5 business days.
Development Progress
Consensus Module
1. Witness management function completed, debugging – 70% Completed
2. Pre-research of Verifiable random function application pre-research in consensus prototype – 80%
3. Integrated BFT plan design—100% Completed
4. BFT message pool and message encapsulation – 20% Completed
5. BFT message processing logic implementation – 20% Completed
6. BFT messaging interface and message interaction development – 30% Completed
7. Non-witness investigation and design of verification scheme for BFT process – 45% Completed
Smart Contract Module
1. Implement the Turing Completion of the Contract Language Compiler, and the load / store chain has been completed– 85% Completed
2. Contract language runtime type system is under constructing – 80% Completed
3. Contract language compiler code refactoring – 30% Completed
4. The development of compiler test framework—15% Completed
5. The optimization of Intelligent contract formalization proof design – 15% Completed
6. Optimize virtual machine exception handling mechanism—100% Completed
7. WAVM supports the pre-research of uint256 – 70% Completed
8. Design of WASM Virtual Machine Decoupling Scheme – 100% Completed
9. Scheme design of contract secondary compilation – 70% Completed
10. Strip virtual machine core library and support contract offline debugging--35% Completed
P2P Module
1. Perfect event calls in the P2P layer, debugging – 90% Completed
2. Intranet penetration function development of network layer – 100% Completed
3. Support for protocols such as les, bzz, and shh – 80% Completed
4. Complete the investigation of the Swarm protocol function, and realize that the demo has verified its function –100% Completed
5. Support Swarm file service protocol –30% Completed
6. Research the reason of whisper protocol receiver’s failure on recognizing the massage, debugging – 60% Completed
Cross Chain
1. Notary public technology pre-research – 80% Completed
2. Side chain technology pre-research – 65% Completed
3. Combination of ring signature technology and notary public technology—65% Completed
4. Design of cross-chain interaction scheme based on Hash Lock – 25% Completed
Consortium Chain
1. Consortium chain V1.1 stability test. Memory leak in the node is under debugging – 55% Completed
2. Second round of functional testing consortium chain v1.1 – 90% Completed
3. BaaS platform V1.1 memory leak problem solved, testing;
4. The PRD development of BaaS Platform V1.2 – 35% Completed
5. Research of monitoring platform design—35% Completed
6. Stability test of developer platform – 100% Completed
7. Research on the technical design of zero-knowledge proof – 80% Completed
