Part 1. Development Progress of InterValue.
1. Project Progress
(1) We optimized for light nodes: adjusted the style; upgraded the Cordova version; optimized Android QR code, transaction data structure, signature and verification algorithm. Besides, we adjusted the function with the local full-node interface and tested hot wallet.
(2) We optimized the local full-node transaction data structure and its related interfaces, also optimized the data persistence function. We separately maintained the gossip networking and neighbor pool maintenance functions, debugged and optimized the consensus mechanism under heterogeneous networks.
(3) We finished Snapshot generation technology and sub-database optimization, which can be integrated into the node code.
(4) We solved the problem of demonstrating an anti-Split attack.
(5) We optimized the dynamic management PoW algorithm for the full nodes and local full nodes.
2. White paper
(1) Some regular details have been modified.
Part 2. Strategic Cooperation.
1. We cooperated with several major exchanges and implemented the technology.
Part 3. Media Activities.
2018 WORLD BLOCKCHAIN TOUR (Taiwan) Events
THE WORLD BLOCKCHAIN TOUR was held in Taipei On September 8, 2018. Leaders and well-known investors in the blockchain industry from all over the world attended the event. The InterValue project was invited as one of the special guests. Clement, an overseas representative of InterValue, gave a speech on the theme of “Practical Blockchain 4.0 Infrastructure That Supports Million TPS”. Innovative technologies such as InterValue's “Double-Layer Gossip HashNet Consensus Mechanism”, “Enhanced Smart Contract”, “Cross-Chain Communication and Multi-Chain Fusion” and “Anti-Quantum Attack” won the highest concern of on-site guests. The external InterValue followers are also constantly consulting and eager to learn more about this new blockchain 4.0 project.
2. Xiangtan University’s 60th Anniversary Celebration Series - Blockchain Technology and Innovation Application Forum
Dr. Jason Loong, Head of InterValue Security Division, represented the project “Xiangtan University’s 60th Anniversary Celebration Series” On September 8, 2018. The forum jointly organized by Xiangtan University Information Engineering College, CCF Changsha Branch and Xiangjiang Blockchain Research Institute. "Anniversary Celebration Series | Subversion or Bubble - Blockchain Technology and Innovation Application Forum". A speech on the theme of "Millions TPS Blockchain Technology"brought the world's leading research and development experience for the teachers and participants in the forum.
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 in 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 paper.
(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 1.0 test chain was completed and put into practice.
(7) In May 2018, the development of the InterValue 2.0 test was launched.
(8) In June 2018, the InterValue 1.0 test chain wallet Demo was launched.
(9) In June 2018, the InterValue 2.0 Hashnet consensus mechanism was verified.
(10) In June 2018, the InterValue 2.0 exceeded a million TPS.