VNT Weekly | VNT Chain Project Progress
VNT WEEKLY, October 28
Project Updates
1. On the afternoon of October 25, the 2018 China National Computer Conference held by Yunphant Blockchain - "The New Trend of Blockchain Technology and Application" was successfully closed! The site was full of audience and the response was overwhelming. In this conference, Bai Shuo, director of ChinaLedger Technical Committee; IEEE Fellow Chen Yan; VNT Chain co-founder Huang Butian; Huobi China CEO Yuan Yuming; Huobi University President Yu Jianing; CCF Blockchain Committee first member Wan Zhiguo, co-founder of Yunphant Blockchain Deng Xu and other guests all made wonderful speeches. Empower a distributed economy and create a better world--VNT Chain has been moving forward!
2. On the afternoon of October 25, the “Cloud Box” open service platform conference was held at the sub-forum of the 2018 China National Computer Conference - "New Trends in Blockchain Technology and Application". “Cloud Box” is a blockchain open service platform developed by Yunxiang Blockchain based on VNT Chain. For the future planning of “Cloud Box”, Deng Xu, co-founder of Yunphant Blockchain, said that Yunphant will cooperate with VNT Chain to make DApp a very important step in the future application of blockchain, and strive to access to more than 2000 DApp in the next three years and apply them to various scenarios on the Cloud Box open service platform.
3. On October 27, Dr. Huang Butian, co-founder of VNT Chain and founder of Yunphant Blockchain, was invited to the 2018 China National Computer Conference (CNCC2018) Roundtable Forum "The Future of Sharing Economy". He explained how to use blockchain technology to optimize the product form and governance structure of the sharing economy, so that the sharing economy can play a real effective role. He believes that the sharing economy has reached a crossroad currently, and the bottleneck is that it has not achieved true "equity sharing" or is in a centralized monopoly operation mode, which violates the spirit of the sharing economy to some extent.
Community News
1. On October 28, the first episode of the VNT Chain “Block Theory” serial salon was hit! The team of VNT Chain team shared opinions on the topic of “How to Improve the Security of Smart Contract” with senior experts from Yunphant Blockchain, who has rich experiences in implemented application, Zhejiang University Intelligent Computing and Systems Laboratory, Kanxue Academy, Pencil Road, BITRUN, etc. in Hangzhou Xixi Valley AB|Center. Dr. Huang Butian, co-founder of VNT Chain and CEO of Yunphant Block Chain, also showed up on-site and had a close interaction with development enthusiasts to discuss the problems, details, interestingness and cool creative points encountered in the process of technology development.
Development Progress
Consensus Module
1. Witness management function completed, debugging – 90% Completed
2. Pre-research of Verifiable random function application pre-research in consensus prototype – 100%
3. BFT message pool and message encapsulation – 50% Completed
4. BFT message processing logic implementation – 50% Completed
5. BFT messaging interface and message interaction development – 60% Completed
6. Non-witness investigation and design of verification scheme for BFT process – 65% Completed
Smart Contract Module
1. Implement the Turing Completion of the Contract Language Compiler, and continue to improve load / store chain– 95% Completed
2. Contract language runtime type system – 100% Completed
3. Contract language compiler code refactoring – 60% Completed
4. The development of compiler test framework—40% Completed
5. The optimization of Intelligent contract formalization proof design – 30% Completed
6. WAVM supports the pre-research of uint256 – 100% Completed
7. Scheme design of contract secondary compilation – 80% Completed
8. Strip virtual machine core library and support contract offline debugging--55% Completed
9. Contract sample development—20% Completed
10. Gas injection in WAVM – 15% Completed
P2P Module
1. Perfect event calls in the P2P layer, debugging – 100% Completed
2. Support for protocols such as les, bzz, and shh – 100% Completed
3. Support Swarm file service protocol –60% Completed
4. Research the reason of whisper protocol receiver’s failure on recognizing the massage, debugging – 75% Completed
5. Multi-node communication test and defect repair—30% Completed
Cross Chain
1. Notary public technology pre-research – 90% Completed
2. Side chain technology pre-research – 75% Completed
3. Combination of ring signature technology and notary public technology—75% Completed
4. Design of cross-chain interaction scheme based on Hash Lock – 50% Completed
Consortium Chain
1. Consortium chain V1.1 stability test. Memory leak in the node is under debugging – 65% Completed
2. Second round of functional testing consortium chain v1.1 – 100% Completed
3. Consortium Chain V1.1 performance test – 30% Completed
4. Demand analysis of Consortium Chain V1.2 –20% Completed
5. BaaS platform V1.1 memory leak problem solved and tested – 100% Completed
6. The PRD development of BaaS Platform V1.2 – 45% Completed
7. Research of monitoring platform design—55% Completed
8. Research on the technical design of zero-knowledge proof – 85% Completed
