VNT Weekly | VNT Chain Project Progress

VNT Chain Labs
VNT Chain Labs
Published in
4 min readNov 30, 2018

VNT WEEKLY, November 26

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 22, the 2018 China Blockchain Technology Industry Ecology Conference was held in Yuzhong District, Chongqing. At the meeting, the China Blockchain Ecology Alliance and the CCID Blockchain Research Institute jointly released the 2018 China Blockchain Excellent Enterprise Directory. Yunphant Blockchain, the technical service provider of VNT Chain was selected into the list of China Blockchain Excellent Enterprise Directory and China Blockchain Excellent Enterprise Best Team Directory.

2. On November 22, the “Block Theory” technology salon was opened in the Xiaoheshan campus of Zhejiang University of Science and Technology. VNT Chain senior architect Yang Hongxing and Yunphant Block Chain senior architect Wen Qi, held a wonderful sharing and communication on the topic of “Build up my Smart Contract in the best postures” with everyone. Dr. Huang Butian, co-founder of VNT Chain and founder of Yunphant Blockchain, also attended the event and had a close communication and interaction with students of the campus.

Community Updates

On November 22, which coincided with Thanksgiving Day, “Thank You& Open Barns” has launched with warm regards to celebrate Yunphant’s success of Series A raising invested by Shenzhen Capital Group. Participation method: Share the poster to the Moments of Wechat, and ten participants who got top higest numbers of “likes” can win the rewards. The winner of most “likes” can win the grand prize “Tmall Fortune Gift Package + Fortune Gate Northeast Rice + Wowotou”!

Development Progress

Consensus Module

1. The research of offline Witness Removal Program—55% Completed

2. The development of BFT module was completed, debugging—25% Completed

3. Non-witness development of verification scheme for BFT process –45% Completed

4. Refactor the Witness Management Contract Code, Matching Virtual Machine Interface—35% Completed

5. Fix bug in reading database caused by witness URL being empty—100% Completed

6. The design of Witness Incentive Program –15% Completed

Smart Contract Module

1. Contract compiler code refactoring completed, unit test under progress -- 60% Completed

2. Compiler store chain test passed—100% Completed

3. Optimize local variable assign mechanism—25% Completed

4. Implement the chain id of the automatically assigned object and pass the test—100% Completed

5. Implement Map type, IO type, Cartesian product –100% Completed

6. Compiler test framework development completed—100% Completed

7. The optimization of smart contract formalization proof design – 75% Completed

8. The development of contract secondary compilation function—60% Completed

9. WASM virtual machine decoupling completed, debugging—100% Completed

10. Contract sample development (Q language)—65% Completed

11. Gas injection in WAVM, complete WASM code block parsing – 85% Completed

12. WAVM provides support for precompiled contract functions—100% Completed

13. Coverage functional test and Gas consumption test for WAVM—15% Completed

P2P Module

1. Multi-node communication test and defect repair—100% Completed

2. Weak network environment and fault tolerance test—75% Completed

3. Fix errors caused by protocol exceptions after node removal—100% Completed

4. The update of P2P module design document—50% Completed

5. Modify the underlying node information data padding to facilitate upper level consensus calls—100% Completed

Cross Chain

1. Side chain technology pre-research – 100% Completed

2. Combination of ring signature technology and notary schemes—100% Completed

3. Design of cross-chain interaction scheme based on notary – 55% Completed

4. Cross-chain interaction demo based on notary public—40% Completed

Consortium Chain

1. Consortium chain V1.1 stability test – 95% Completed

2. Consortium Chain V1.1 performance test – 75% Completed

3. Demand analysis of Consortium Chain V1.2 –85% Completed

4. The development of Consortium Chain V1.2 design – 35% Completed

5. BaaS platform V1.1 stability test – 50% Completed

6. The PRD development of BaaS Platform V1.2 – 100% Completed

7. The development of BaaS platform V1.2 design—10% Completed

8. The development of monitoring platform design—50% 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.