ITC Progress Update 28/7/2018–03/8/2018

in blockchain •  4 months ago

屏幕快照 2018-08-05 下午12.51.59.png

DEVELOPMENT

Main chain

[Done] Encrypted handshake support
●Basic kdf support
●ECIES support

[Done] Add semantic and dynamic validators
●Validate blocks/transactions
●Validate VM and states

[Done] Fix Android file system permission
●Add permission and android target version checking

[Done] React-native wallet
●Loading component
●QR component
●Transaction component
●Transaction detail component

MARKETING

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Number of token holders19181+15.58%
Number of transactions50624+6.96%

(Data source: Etherscan.io)

COMMUNITY

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Chinese communityNumber%
WeChat & QQ7344-3.5%
Overseas communityNumber%
Telegram62516-0.19%
Reddit5786+9.71%
Twitter20851+1.32%

ACTIVITIES

IoT Chain team invited to Blockchain x Industry #3 in Seoul

屏幕快照 2018-08-05 下午12.58.50.png

The IoT Chain team was invited to Blockchain x Industry #3 in Seoul on August 1, 2018 to discuss with peers from China and Korea on the industrial application of blockchain technology in the Internet of Things, entertainment and other fields.

IoT Chain team invited to 2018 Huobi Carnival

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The IoT Chain team was invited to attend the 2018 Huobi Carnival held in Seoul, Korea from August 2–3, 2018. The IoT Chain team delivered a keynote speech at the Huobi Carnival, provided a review of the project’s key developments and achievements over the past year and announced that all Ethereum DApps can now be completely moved to IoT Chain.


ITC Encyclopedia

Elliptic Curves Cryptography

Elliptic Curves Cryptography (ECC) is an asymmetric cryptography based on the algebraic structure of elliptic curves over finite fields. The encryption algorithm is irreversible. It is easy to calculate in one direction, but it cannot be reversed in the opposite direction. For example, the private key can generate the corresponding public key through the ECC operation, but the public key cannot reversely derive the private key.


Telegram: https://t.me/IoTChain
Reddit:https://www.reddit.com/r/iotchain/
Twitter: https://twitter.com/IoT_Chain
Facebook: https://www.facebook.com/

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It’s reassuring to see investors still have faith in this project because of the increase in token holders and transactions.

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yeah, it increased their believe in the project

Good to see the growth continue, odd that QQ/Wechat contracted a bit but what really matters is that token volume and token holders continues to slowly grow i watch it in etherscan outside of these reports

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These things happen, sometimes it can be down to bot accounts being deleted, I wouldn't look into the small drops too much.

Great work guys, always impressed by the weekly updates!

+15.58% increase in token holders. Great work team. The volume seems quite stable too.

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It's a solid showing i wonder how much of that is related to the appearances they've been making and just getting their name out into the wind for people to start thinking about.

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I'm not surprised at the weekly stats, they've a healthy community and continually engaging them with activities.

Finally! ITC realised ECIES algorightm, I knew, they will not use ElGamal encryption.

Nice update. When will the DApp transfer guide be likely available?

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All team are focused on developing and fixing new features, we will publish these documents later. Actually, if you read our test cases, you could find that we have already covered this topic.