Part 1. Development Progress of InterValue.
1. Project Progress
(1) Full node development: add Relay node heartbeat interface, add multi-chain token price real-time access and cross-chain exchange rate calculation module, complete docking work with cross-chain Relay node.
(2) Local full node development: complete database upgrade of RocksDB+MySQL, Complete anti-Split attack, finish upgrade of INVE’s mini unit of data, finish the INVE transaction docking with cross-chain Relay node
(3) Mainnet testing and code refactoring: reconstruct full node management related date structure in order to deal with concurrent problems. Finish local full node HashNet consensus algorithms core data structure extension upgrade, complete the latest version of the main chain single-sharding TPS performance test.
(4) Light node 3.3.0 - multi-chain wallet: complete first period of INVE and BTC wallet and cross-chain transaction development, complete SIT test, complete 30% the first series of regression test; complete the second series of ETH testnet construction and ETH wallet background Basic logic development.
(5) Smart Contract: complete transaction module, solve the contract deployment with parameters; solve the gas processing after the contract execution exception.
(6) Cross-chain: complete the discussion and determine cross-chain process upgrade plan, complete 70% Relay node modification, finish docking work with full node and local full node.
2. Whitepaper
(1) We modified some regular details.
Part 2. Strategic Cooperation.
1.InterValue signed a Memorandum of Cooperation with RichBit
InterValue has signed a Memorandum of Cooperation with RichBit. InterValue will help them in future to build the RichBit blockchain components and DApp on InterValue’s Blockchain 4.0 platform!
RichBit is the true game-changer among interactive game apps. Utilizing blockchain and geolocation as its core technologies, RichBit seamlessly blends its virtual world with the real world so that users’ actions in the RichBit digital universe impact their real lives!
2. We cooperated with several major exchanges and implemented the technical issues.
Part 3. Media Activities.
1. Double 12 Event – INVE for The Entire Community
InterValue opened a Double 12 event for the entire community in China On December 12, 2018. Thanks to community members for their long-term support of the project.
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 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 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.