I. R&D Progress
Current Progress
[Continuous technical perfection of INT main chain]
The R&D team completed the development of several major TXs, and the next step is to test; (60%)
In the case of high-frequency transmission, the corresponding development of the transaction pool is almost complete; (80%)
The R&D team continued to improve the intjs middleware, and added some interface functions related to account operations and signature transactions; (70%)
Development of the full-node wallet has been completed. The next step is UI improvement, function refinement, and testing.; (60%)
The R&D team solved several bugs and will solve problems found in stress testing; (80%)
For the previously determined INT smart contract function, the development is almost complete, and the relevant testing is in an orderly advancement; (80%)
In the stress test, the R&D team found that there were some problems with the performance of the blockchain, and in some cases a fork may occur. The R&D team has determined the solutions and will start the development. (40%)
[INT wallet and blockchain explorer improvement]
The development on the wallet function has been completed, the bugs have been solved, and the test is ongoing.
The development on the main functions of the blockchain explorer (explorer.intchain.io) is complete.
Next step plan
Continue the improvement of the token function and carry out the corresponding test
After completing the development of the trading pool, the team will continue the testing
The R&D team will continue the improvement of the intjs middleware due to the demand of functionality and business.
Start the UI improvement, function refinement, and testing
The R&D team will continue to solve problems found in the stress test.
The R&D team will continue the testing regarding the smart contract functionality.
Continue the development related to the issue of fork.
Previous technical progress tracking
After the adjustment of the node rewards program, the development related to meta nodes, candidate nodes and the rewards of them has been completed. （100%）
II. Business Cooperation
Current Progress
[Continuous development of smart gateway projects]
The INT team and Zhejiang Telecom launched a series of in-depth research on software and hardware development. Up to now, the R&D personnel of both parties have started the interface debugging for the development of the APP, and tested the function code. The hardware type has been confirmed and 3C certification and communication service certification have begun. In addition, the INT team also started the negotiation about the marketing plan of online and offline sales with Telecom.
[The final acceptance of the smart site project]
Following the final round of optimization work between the INT team and the Hubei Smart Site project party, this week, the leaders of Hubei Industrial Construction Group and their technical experts completed the final acceptance of the pilot project.
Next step plan
[Further communication with Zhejiang Religious Association on the smart temple]
The INT team has conducted preliminary communication with the Zhejiang Religious Association on the smart temple and information construction. After deep understanding the needs of the association, the team provided the corresponding proposal.
III. Activities and Operations
Current Progress
[INT team attended CSDN blockchain technology salon]
On August 25th, INT team was invited to attend the 11th CSDN Blockchain Technology Salon with the theme of blockchain technology and industry application. Focusing on the development and challenges of blockchain, blockchain data privacy and security, public chain practice and application, INT representatives analyzed blockchain technology and industry application, and shared some feasible solutions and development trends with technology researchers and enthusiasts.
[In-depth discussion with Turing Award Winner Silvio Micali]
On September 16th, INT Chief Architect Dr. Xiang Ruofei and the technical team attended academic forum event:“Prospects & Challenges of Blockchain and the Algorand Solution” hosted at Zhejiang University. The event gathered more than 200 blockchain enthusiasts including Professor Silvio Micali, founder of Algorand, Turing Award-winning cryptographer, and professor of computer science at MIT to share insights on the existing challenges in the blockchain technology field and the prospect for the blockchain.
During the forum, Dr. Xiang Ruofei discussed with Professor Micali about the possible impact of Shor’s algorithm and quantum computing on Algorand blockchain. Professor Micali believes that before the implementation of quantum computation, what’s to be done is to ensure the steady development of blockchain technology. It is the foundation of all things. He also believes that the development of the Algorand blockchain requires more technological innovations and attempts. Both Dr. Xiang Ruofei and Professor Micali are very optimistic about the development of the blockchain and agreed that only continuous upgrade and evolution of the blockchain technology can fulfil the needs of launching more applications.
[INT representatives attended the Computing Conference 2018]
On September 19th, the Computing Conference 2018 themed as “Empower Digital China” was held in Hangzhou. The Computing Conference hosted by Alibaba Group gathered the most influential minds of the data technology world, exploring how emerging technologies like AI, IoT, machine learning, and blockchain can be made more inclusive and have profound impacts on our economy and daily life. INT will attempt the cooperation with exhibitors on site from the perspective of INT’s business cooperation, technology development, ecological construction, etc.
[INT officially entered I-lab Incubator]
Recently, INT was selected as a high-quality IoT and blockchain project to enter the I-lab incubator. On September 18th, Yin Xiangyu, head of INT China, and Xiang Ruofei, Chief Architect of INTchain, participated in the four-stage “Orientation Entrepreneurship Training Camp” of I-lab. I-lab Incubator is a high-end entrepreneurial acceleration platform established by Shanghai Yidian Group, District Government of Xuhui, Shanghai and Microsoft (China). Relying on Microsoft’s global eco-chain technology innovation and integrating government science and technology resources and the advantages of Yidian Group, the Incubator provides rich and diversified resources for the incubation project, and provide sufficient development space and growth opportunities for the projects through high-quality platforms such as industry chain, investment and financing, market environment and alumni network. It is believed that INT will gain more rapid and efficient development after entering the Incubator.
[Submission of design ends on September 20th]
Gaia Project has been supported by fans since its launch by joining the developer community or entering the competitions. The submission of design ended on September 20. The INT operations team will then conduct a public evaluation in the next 10 days to finalize the winning outstanding works and give them awards.
Next step plan
[Selection and publicity of designs]
The INT team will openly and transparently select the final 10 outstanding works by community voting and INT scoring before September 30 and announce the winners on October 10. Stay tuned!