InterValue Project Weekly: 20180625-20180701

Part 1. Development Progress of InterValue.

1. Project progress

(1) We integrated light node code and consensus algorithm core code.

(2) We optimized the net gossip code.

(3) InterValue 2.0 testnet has reached 290,000 TPS under one shard.

(4) InterValue 2.0 testnet has reached 690,000 TPS under 2 shards.

2. Whitepaper

(1) Some general details of modification.

3. Communities

(1) The number of InterValue telegram group increased to 41,600.

Part 2. Strategic Cooperation.

1. Negotiate with Matrix Partners China, Bitrise Capital, EOStark, Lbank, Ten8, TBT, OKEx, Huobi for our cooperation intention.

Part 3. Media Activities.

1. Overseas media ORIONCHAIN RESEACH、ICOgens reported and reviewed InterValue.

2. Blockchain media Golden Finance published an article“InterValue’s TestNet 2.0 release: implementation of HashNet consensus, committed to building the practical infrastructure of the Blockchain 4.0 era”, HuoXing Finance, CoinVoice, GongXin Finance, ChunTian Finance, BiMaWen, LianXun, BiKuai Finance, also reported.

3. Blockchain media Golden Finance published an article”InterValue v2.0 testnet launch--first global recruitment of local full node and light node alpha test”, HuoXing Finance, CoinVoice, GongXin Finance, ChunTian Finance, Lian Xun, also reported.

4. InterValue Co-founder and Core Architect Storm Zhang participated ”DBA first voting project community road show” live and TokenClub community roadshow live, and had a speech of “InterValue: world’s first practical blockchain 4.0 project”.

Part 4. The Historical Process of InterValue.

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

(2) September-October 2017, planning to form an InterValue team to refine all aspects of InterValue functionality.

(3) In November 2017, the InterValue core research and development team was formally formed and started writing white papers and making the development plans.

(4) In January 2018, the first draft of the InterValue Whitepaper in English and Chinese was completed and began the development work.

(5) February-March 2018, the InterValue Whitepaper in English and Chinese was completed from 1.0 iteration to 4.0.

(6) In April 2018, releasing the InterValue v1.0 Alpha chain.

(7) In May 2018, starting the development of the InterValue v2.0 Alpha chain.

(8) In June 2018, the InterValue 1.0 testnet wallet demo is online.

(9) In June 2018, the verification of the Hashnet consensus mechanism for the InterValue 2.0 testnet was completed.