Waltonchain Q2 2019 Work Progress
Mainnet
Fully Operational Waltonchain Mainnet released
Waltonchain Mainnet was officially launched on March 31, 2018. After stable mining and operation for more than a year, and the successfully audit by Knownsec, as part of the preparation period for the upcoming mainnet token swap, the Waltonchain Team has released the Fully Operational Waltonchain Mainnet on April 24, 2019.
Public Mining on the Fully Operational Waltonchain Mainnet
Since its release on April 24, 2019, operation of the Fully Operational Waltonchain Mainnet has been stable; and public mining officially started at block #40,000. Waltonchain community miners can start mining with the updated version of WTC Wallet and browse the updated blockchain explorer.
Completion of WTCT Network Miner Payout
According to the Announcement on the Release of the Fully Operational Waltonchain Mainnet, Waltonchain Team took a snapshot of WTCT addresses at block #550,000 on May 11, 2019.
Waltonchain team has already completed the miner payout for ALL unredeemed WTCT up to block #550,000 at the ratio of 1 mined WTCT : 1 ERC20 WTC. Waltonchain team will no longer perform miner payouts for WTCT mined after block #550,000. Please access your ERC20 WTC according to the instructions in the announcement.
Waltonchain Mainnet Open Source
Following the release of Fully Operational Waltonchain Mainnet and the start of public mining, we officially announced the open source of Waltonchain mainnet. Waltonchain makes its source code public aiming to provide a more open development environment for community users and developers, attract global quality developers to optimize the mainnet functionality, bring a new digital life and realize the Value Internet of Things.
KirinPool Fee Exemption for SMN, GMN and MN
In return for the long support from the global Waltonchain community, starting from early July 2019, KirinPool will exempt SMN, GMN and MN users from pool fees. Fee for normal users remains 3%.
Waltonchain Launches SMN Cross-chain Data Management System
As an important part of the Waltonchain ecosystem, Super Master Nodes (SMN) undertake the important responsibility of cross-chain data connection and endorsement. The parent chain operation has been stable; and its source code is now public, therefore Waltonchain officially releases the SMN Cross-chain Data Management System. The existing data on blockchain is the core logistics data of Huodull which are being uploaded continuously.
Announcement on Waltonchain Mining Payout
While Waltonchain prepares for token swap, in order to ensure the timely reception of miner rewards on mainnet, Waltonchain team starts regular miner payouts where it exchanges WTC mined on the mainnet for ERC-20 tokens at 1:1 ratio.
Huodull Child Chain
Existing data on blockchain is the core logistics information of Huodull. The main task of Huodull is to track logistics information through blockchain and obtain endorsement on the parent chain. With the launch of SMN Cross-chain Data Management System, core data of Huodull is being continuously and regularly endorsed on blockchain.
DMCT Child Chain
Hardware: installation and deployment completed in Sheyang County, Jiangsu Province, China
Software: development of a centralized management system completed, software back-end data optimization ongoing
Hardware
RFID Chip
- Blockchain encryption algorithm optimization, power consumption reduction
- Consistency, high-low temperature, ESD, power range, sensitivity, FIB etc. testing completed; chip circuit design modification ongoing
- Digital baseband FPGA verification; chip tape-out and sample testing; chip version 2 tape-out
- RFID chip sample testing
Software + Hardware Integrated Projects
KIRINMINER
Batch 1 of 200 KIRINMINERs sold out and shipped; preparation for batch 2 optimization and manufacturing
Campus Information Verification System
System deployment completed; waiting for oracle database debugging and data docking with Neusoft
RFID Handheld Reader-Writer
- 10 pcs patching completed; RD board debugging
- Structural design optimization, 3D printing and assembly verification
- Main board function verification and new screen driver optimization
- Mainboard optimization and structural optimization
Blockchain Data Collection Terminal
- Sample debugging completed
- EMI testing completed
- ZigBee and Bluetooth functions added
- Installation and deployment completed in Sheyang County, Jiangsu Province, China
Walton Chain Foundation Expenses (Q2 2019)
As of July 1, 2019, the total expenses of Walton Chain Foundation in Q2 2019 are 1,855,881 WTC and the balance is 11,732,872 WTC. See details here.
BD & Operations
39 Autonomous Communities:
There are 7,787 autonomous community members, 9,029 social media followers and media coverage has reached 1,990,000 people since the start of the autonomous community program. The autonomous communities have 60+ original articles published, 3 websites constructed, 23 original videos released, 12 summit events participated and 6 potential partners contacted. With the help of global autonomous node managers, Waltonchain can convey the latest project progress and information to global users in a faster and more precise way.
6 New Partners:
1) Shougang LangzaTech
2) Neusoft Group
3) DMTC
4) V Currency Group (Japan)
5) Blockcloud
6) IntelliShare (INE)
10 Patent Applications
Waltonchain System Architecture diagram released
Waltonchain Business Process diagram released
Waltonchain Appreciation Logic: Smart Retail released
Waltonchain’s First Global Smart Retail Application Child Chain DMTC Launched
Walton Chain Foundation and DMTC Foundation Token Exchange
Waltonchain and DMTC Parent-child Chain Token Exchange
SMN Reference Rewards distributed:
2,600 WTC and additional 60 WTC rewards have been distributed for each effective SMN reference at 23:59:59 (UTC+08:00) on April 18, 2019. Thanks for your continued support and trust in Waltonchain!
WTC trading gala on Huobi Global:
On May 30, Huobi Global has launched the WTC/USDT trading pair. In order to celebrate a series of great news of Waltonchain’s Open Source of the Fully Operational Mainnet, the sold-out first batch of KIRINMINER and the launch of Waltonchain’s agriculture application child chain DMTC, Waltonchain joined hands with Huobi Global to hold the WTC Trading Gala from 18:00 on May 30, 2019 till 18:00 on June 6, 2019 (UTC+8). Waltonchain supporters were able to join the deposit and trading competition events for the opportunity to win a total of 29,000 WTC.
Huobi Chat Live AMA:
On May 31, Waltonchain held a Huobi Chat Live AMA to assist in the KIRINMINER and mainnet promotion and provide a better understanding of the Waltonchain project for Huobi Investors. More than 20,000 investors participated.
Binance Live AMA
On June 12, 2019, Waltonchain held an AMA session in Binance official Telegram community. Total 1,518 users participated in the Waltonchain quiz, 780 of which provided correct answers and shared 2,000 WTC rewards.
Launch Ceremony of Waltonchain’s First Global Smart Retail Application Child Chain DMTC:
On May 18, the launch ceremony of Waltonchain’s first global smart retail application child chain DMTC was successfully launched in Shekou, Shenzhen. Influencers, government officers, DMTC foundation leaders and media in the fields of agriculture, retail and blockchain attended.
Joint Hosting of the Blockchain Mainstream Ecological Alliance Conference with IntelliShare:
On June 29, Waltonchain, IntelliShare (INE) and other mainstream blockchain projects jointly held the Blockchain Mainstream Ecological Alliance Conference. The theme of the conference was “New Forces, New Consensus and New Trends”. It aimed to gather forces for construction of a new blockchain ecosystem and new blockchain organizational form through integration of mainstream strengths of the blockchain industry. The conference attracted a large number of blockchain project and investment agency representatives, nearly 100,000 online viewers and coverage by multiple blockchain media.
Useful Links:
