InterValue Project Weekly: 20190513–20190519

Part 1. Development Progress of InterValue.

1.INVE Mainnet: We reviewed the snapshot stripping code, performed testnet joint debugging on the snapshot function module, and solved the discovered problems. Changed the original multithreading of the program to a single thread. Performed a simultaneous backup of daily transaction data 2 times and perform data integrity verification. Performed regression analysis on the rock DB structural design. Queried the state of the world to ensure consistency in the state of the world. Wrote a tracker application to track HashNet Core testing and ICE network testing. Wrote a tracking application note and complete the interface. We also wrote a monitoring program platform.

2.inWallet: Completed the web wallet function optimization and performed functional testing and regression testing. Completed the prototype of the next version of the web wallet and added multi-wallet management functions to the web wallet prototype.

3.DApp: Completed the smart contract interface consistency analysis design.

4.Others: Completed the maintenance and update of the official website. Optimized the block explorer, analyzed the block explorer’s pull transaction data anomaly problem, and began to repair.

Part 2. Strategic Cooperation.

1.We negotiated with the exchange.

2.We signed a strategic cooperation with Nongcheng Zhichuang Blockchain Technology Co., Ltd.

Part 3. Community Announcement.

1.InterValue team released “ Summary of the InterValue project from 2018 to 2019” to the community.

On May 15, 2019, the InterValue team announced the summary of the InterValue project over the past year.

What have we done?

(1) In terms of technology R&D, the InterValue team has done a lot of exploratory work on the overall architecture design, the architecture design of the functions and the realization of specific projects.

(2) In terms of ecological application, the InterValue team has officially released the ecological construction incentive policy, which is mainly used to describe the operation rules and ecological construction incentive mechanism of the InterValue Ecological Construction Foundation. At the same time, InterValue has completed the development of the Dapp game — Zajindan, as well as the INVE Payment Gateway API, Dapps Management Platform, Web Wallet and so on. In addition, the Electronic Deposit Dapp is being designed and developed.

(3) In terms of marketing, InterValue team has extensive cooperation with the media, institutions and the government.

(4) In terms of the exchange, we have been actively discussing and communicating with the exchanges.

Challenge

Public chain projects have always been long-term businesses, and it is difficult to do it all at once. So far, the team has broken through and solved many key technologies and problems in the underlying technology of blockchain, such as the DAG-based consensus mechanism in layered fragmentation, the high TPS massive storage, the Turing-complete smart contract in the case of asynchronous consensus, the cross-chain mechanism of assets and data, and the user-friendly DApp development API.

After the mainnet launched, the complexity and difficulty of many practical problems have exceeded our expectations to a certain extent. For example, the defect of the snapshot function causes the instability of the mainnet. We will go all out to solve them one by one.

Future planning

1.Solve the stability problem of the mainnet and recover the transaction speed of the official wallet. Release inWallet V4.0 and a game. Release a stable version of the blockchain browser.

2.Complete the technical docking of the exchange BTEX and Coinbig, and release the INVE mainnet token. At the same time, the ERC-20 Token transaction pair will be temporarily reserved.

3.Initiate the recruitment of local full nodes in the community, and incubate the development of DApp on the InterValue.

4.Start community airdrop activities.

1. Actively expand overseas markets.

InterValue is still in its infancy, and we still have a lot of work to do. I hope that everyone will continue to pay attention and support as always. Please give InterValue some time to grow, and hope that everyone can contribute to the construction and development of InterValue.

Original link: http://www.inve.one/blog/blog/articles/682.html

Part 4. The Historical Process of InterValue.

(1) In August 2017, Barton Chao envisioned the positioning, vision, and functionality of InterValue.

(2) From September to October 2017, InterValue created a team and refined the functions.

(3) In November 2017, InterValue created the R&D team and began to write a white paper and a development plan.

(4) In January 2018, InterValue completed the first draft of the Chinese and English white papers.

(5) From February to March in 2018, InterValue completed Chinese and English white papers from InterValue 1.0 to 4.0.

(6) In April 2018, the InterValue v1.0 testnet was completed and put into practice.

(7) In May 2018, the development of the InterValue v2.0 testnet was launched.

(8) In June 2018, the InterValue v1.0 testnet wallet Demo was launched.

(9) In June 2018, the InterValue v2.0 HashNet consensus mechanism was verified.

(10) In June 2018, the InterValue v2.0 exceeded a million TPS.

(11) In June 2018, the InterValue 2.0 testnet launched the world’s first local full-node, light-node alpha test.

(12) In July 2018, InterValue launched its first bounty program.

(13) In August 2018, the InterValue 2.0 testnet was awarded the TPS performance testing report and testing certificate issued by China Telecommunication Technology Labs.

(14) In August 2018, InterValue’s Chinese and English white papers are updated from 4.0 to 4.5.

(15) In August 2018, InterValue officially released the INVE ERC20 Token.

(16) In August 2018, InterValue team officially established the Xiangjiang Blockchain Research Institute.

(17) In August 2018, InterValue officially established the Blockchain Security Division.

(18) In September 2018, InterValue officially got its INVE token listed on FCoin.

(19) In September 2018, InterValue opens the bounty conversion.

(20) In November 2018, InterValue officially got listed on the Hotbit.

(21) In November 2018, InterValue officially got listed on the Bitget.

(22) In November 2018, InterValue implemented the Turing Complete Smart Contract on the DAG.

(23) In December 2018, the core members of the InterValue’s technology partner were selected into the CCF TCBC.

(24) In December 2018, completion of InterValue’s cross-chain, supporting transfer and exchange of INVE, BTC, ETH.

(25) In January 2019, InterValue officially launched the eco-construction excitation policy.

(26) In January 2019, InterValue official website upgrade.

(27) In February 2019, InterValue mainnet officially launched.

(28) In February 2019, INVE blockchain explorer launched.

(29) In February 2019, inWallet v3.3.0 launched.

(30) In February 2019, inWallet v3.3.1 launched.

(31) In March 2019, InterValue launch the INVE Token Swap.

(32) In March 2019, inWallet v3.3.2 launched.

(33) In March 2019, inWallet v3.3.3 launched.

(34) In April 2019, inWallet v3.3.4 launched.

(35) In April 2019, InterValue is officially open source.

(36) In April 2019, inWallet v3.3.5 launched.