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InterValue Project Weekly: 20180702-20180708


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 of ‘InterValue: Supporting the Million TPS Practical Blockchain 4.0 Project’.

2. The Activity: <2018 The Digital Economy Conference>

On July 7, 2018, we were invited to participate in the summit held in Shanghai by NBC and HuoQiu Finance: "2018 The Digital Economy Conference".

3. The Activity: <Next Public Chain Stars Tech Meetup>

On July 8, 2018, we were invited to participate in the summit held in Beijing by Reflexion Capital: "Next Public Chain Stars Tech Meetup". InterValue Project Core Architect Storm Zhang made a great speech at the meeting.

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 v1.0 testnet wallet demo is online.

(9) In June 2018, the verification of the Hashnet consensus mechanism for the InterValue v2.0 testnet was completed.

(10) In June 2018, the InterValue v2.0 testnet had reached 1,000,000 TPS.

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