Part 1. Development Progress of InterValue.
(1) Smart contract: we completed the process test and problem repair after integrating the smart contract to the local full-node; we completed the transaction record and account information, besides, we discussed and determined the optimization design of world state data integration; we solved the compatibility problems of smart contract module and backbone that occur during integration; we completed the debugging and integration of the test environment.
(2) inWallet3.3.0: we completed cross-chain exchange rate to obtain bug fixes; we completed cross-chain transaction bug fixes; we completed multi-chain wallet transaction bug fixes; we completed regression test of multi-chain wallet, transaction, chat, news, settings, cross-chain, and other functions.
(3) Mainnet test: we completed the relationship test of consensus node number and performance, the relationship test of CPU and performance; we completed Docker deployment test and document preparation; we completed abnormal recovery processing of single node snapshot; we completed node consensus data archiving and 50% of recovery tool development; we completed 10% of overall company's alpha test (testnet + inWallet).
(1) We modified some regular details.
(1) Upgrade of the official website: we completed the development of front-end page
(2) Developer Center: we completed 50% of function development; and 50% completion of front-end page.
Part 2. Strategic Cooperation.
It is reported officially that InterValue reached a strategic cooperation agreement with Hunan Jiuyuan Cultural & Tourism Development Co., Ltd on January 10, 2019. Hunan Jiuyuan Cultural & Tourism Development Co., Ltd is committed to the development of tourism projects, the cultural and artistic exchange activities, as well as cultural tourism development and ecological agriculture tourism development. It is the core operating enterprise of the digitalization of cultural assets, which realizes the intellectual property and travels. At the same time, it creates an ecological business model of quality consumption, providing the public with a healthy and happy cultural industry chain. InterValue will provide technical support for the application of the Hunan Jiuyuan Cultural & Tourism Development Co., Ltd in this strategic cooperation. The two sides will jointly explore the blockchain scenes in the in-depth cooperation on blockchain technology and cultural tourism applications. Hunan Jiuyuan Cultural & Tourism Development Co., Ltd will carry out the research and development of the Blockchain + Cultural & Tourism Industry based on the technical support provided by InterValue.
Part 3. Media Activities.
InterValue held the activity- Happy Laba Festival – INVE For Free from January 11th to 13th, 2019. The majority of the community members participated in the event.
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 .
