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InterValue Project Weekly: 20180702–20180708

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Part 1. Development Progress of InterValue.  1.Project progress (1) We did functional testing, performance testing, and bug fixes for the InterValue v2.0 testnet. (2) We optimized the local full-node database. (3) We developed the robustness and security testing solution for the InterValue v2.0 testnet. (4) We optimized the light node interface. (5) InterValue v2.0 testnet has reached 1,000,000 TPS under 10 shards. 2. Whitepaper (1) Some general details of modification. 3. Communities (1) The number of InterValue English telegram groups increased to 48,925. (2) The number of InterValue Chinese telegram groups increased to 15,709. Part 2. Strategic Cooperation 1. Negotiate with HI-TECH WEALTH, Binance Labs, Jenga.io, Future Money, BiSheng Exchange for our cooperation intention. Part 3. Media Activities. 1.InterValue’s Co-founder and Core architect Storm Zhang participated in the Biyong live broadcast, and gave a wonderful online speech on the theme...

Rhapsody of InterValue Application

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People   who know about blockchain should know that blockchain technology has gone through several iterations from the the proposal in 2008 to the present. from the beginning of blockchain to the development of blockchain, from the 1.0 era to the 3.0 era, however, no matter how the technology develops, the blockchain cannot leave it ’ s implementation of application.  It is just like a sharp sword that has been polished. If it does not appear on the battlefield, it can only be a piece of scrap iron that is useless. At most, it can only be placed in the home as a decoration.  so blockchain technology needs to be applied to achieve its value. The more widely applied, the greater the value of the blockchain. The way of blockchain1.0 to blockchain 3.0 Blockchain 1.0 is cryptocurrency application represented by Bitcoin. In early 2009, the Bitcoin network was officially launched. As a kind of virtual currency system, the total amount of Bitcoin is limited by th...

Blockchain Smart Contract Commentary

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What is smart contract? Referring to an important element of blockchain, we have to talk about the concept of smart contract. This term was first proposed in 1995 by a prolific cross-sector legal scholar, Nick Szabo, who published the term himself. The article defines a smart contract as: “A smart contract is a set of promises defined in digital form, including agreements on which contract participants can execute these promises.” It also means that In this environment, smart contracts are of great potential. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and agreements contained therein exist across a distributed, decentralized Blockchain network. Smart contracts permit trusted transactions and agreements to be performed among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions tr...

InterValue Project Weekly: 20180528-0603

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Part 1. Development Progress of InterValue. 1. Project progress (1) InterValue v2.0 Alpha chain Networking Module: Completes a stand-alone multi-port analog P2P networking; completes any multi-attribute injection of a single node; completes the query of neighbor node information in a stand-alone simulated P2P network. (2) InterValue v2.0 Alpha chain full-node and local full-node design have been completed. (3) InterValue v2.0 Alpha chain light-node design has been completed.  (4) InterValue v2.0 Alpha chain browser design has been completed. 2. Whitepaper (1) Some general details of modification. Part 2. Strategic Cooperation. 1.   Negotiate with LD Capital, FenBuShi Capital, BenRui Capital, ShuiMu Tsinghua Alumni Capital, Gama Capital for our cooperation intention. 2.   We have signed a strategic cooperation agreement with the Beijing Institute of Technology School of Mechatronical Engineering. The two parties will jo...

From Hashgraph to InterValue’s HashNet

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What is b lockchain consensus mechanism? Talk about blockchain, we can ’ t ignore its core issue--consensus. Consensus means that voting by special nodes to complicated the verification  and confirmation of transaction through short times. For a transaction, if several irrele v ant  interests nodes can reach consensus, thus it can work on behalf of the entire network. Blockchain as a data structure in chronological order can support various consensus mechanism. The c onsensus  is a significant compo ne nt  of blockchain technology. Blockchain consensus mechanism aims to mak e  all honest nodes save a consistent blockchain view while satisfying both: (1)  Consistency : the prefixed of the blockchain that all honest nodes saved totally same as each other. (2)  Validity : information promote d  by one of the honest nodes will eventually cover by other honest nodes and save in their  o wn blockchain. Blockchain technology...