We have made progresses on multiple fronts, particularly on the reserve and partnership sides. Please find below a quick summary of the occurrences at Kyber Network in the last 2 weeks.

Technical Development

Reserve

Our Reserve team, led by Yaron has extracted transaction data from other similar service providers for analyses. With those data sets, Spyros started test runs to determine the effectiveness and relevance of trading strategies based on different market conditions.

What was done in the last two weeks:

Added support for market simulation (timestamp)

Improved code structure so newly-joined developers can contribute codes more easily

Added authenticated APIs for other exchanges (Bittrex, Binance, Bitfinex etc) for trusted price sources

Created a bundle repo which can deploy the entire reserve product easily with Docker

Added support for activities and API to get list of activities, prepare for accounting software

Wallet

The wallet team, led by Victor has made significant advancement in the past week, as the development for KyberExchange wallet is now complete and the API for wallet integration will soon be ready for internal testing. That aside, the wallet is also compatible with hardware wallets such as Trezor and Ledger.

What was done in the last two weeks:

Fixed bugs and polished many UI/UX issues, ready for internal adoption

Completed integration with reserve side

Upgraded to newer versions for dependencies, support websocket for the fastest state update, fallback to HTTP is also designed and start implemented

Started to redesign the codebase in order to enhance testing capability

Smart contracts

We will also be starting the development works on the smart-contract side, specifically contracts on safety-mechanism (circuit breaker), fees, affiliate systems, and wallet.

What was done in the last two weeks:

Support and debugging for tokens with decimals < 18

rinkeby deployment

Community and partnership

Devcon 3

Many things have happened during the Devcon 3 week in Cancún. 4 of our team members were present at the conference, and we have had fruitful meetings with many other project teams. Some of the teams that we have met are:

Etherscan and imToken

Meeting with Etherscan and imToken

AppCoins/Aptoide

Meeting with Paulo and Alex from Aptoide/AppCoins

Cosmos/Tendermint

Meeting with Cosmos/Tendermint team.

Both CEO, Loi Luu and CTO, Yaron, of Kyber Network were on stage, doing presentations about Oyente and Smartpool. On top of that, Loi was also featured in the panel with a few other notable figures in the Ethereum ecosystem to discuss about verification on the blockchain, titled Panel: Formal Verification. You can catch some Loi action from 2:56:06 onward.

Devcon3 day 2 afternoon session

On November 3, we hosted a dinner at Lorenzillo’s in Cancun and invited some of our close friends over. Joining us at our relatively small setting were members from Pantera Capital, BPK, FBG, Grid Foundation, Kenetic Capital, Hyperchain Capital, imToken, Ledger, Gifto, Fenbushi Capital, Iconic Advisory, LinkTime, Etherscan and Dappbase. The main purpose of the dinner was for Kyber Network team to express gratitude for friends’ support thus far. With the help of the environment, we generated many quality discussions amongst us.

Partnership

In the past 2 weeks, we have announced partnerships with reputable projects such as StormX and AppCoins. These projects are run by solid teams with proven track records, each of them boasting millions of users at their respective applications. For example, Aptoide, which powers AppCoins, is the third largest app store in the world, boasting 200 million users and have facilitated over 4 billion downloads. Storm app, on the other hand has already had over a million downloads from Android Play Store. These partnerships are essential to Kyber Network, because they form part of the support ecosystem for our mainnet launch next year. With their involvement in our project, we get ready access to millions of users, which can propel us toward our goal of becoming the token conversion platform of choice by users.

Aside partnership with companies, we have also announced our listing on Huobi Pro. Huobi is one of the largest exchanges in the world, with millions of registered users on their platform. With the listing Kyber Network Crystal (KNC) on Huobi, members in the community will have an additional avenue to purchase or sell KNC tokens easily.

Hiring

Kyber Network is now looking to hire a communication manager. Being one of the largest communities in the blockchain ecosystem, it is important that we keep our community constantly engaged, so that members of our community can be our strongest advocates. Please find the job description for the role in the URL below.

https://drive.google.com/file/d/1VU1MGdqhFtmBQKX40EpujqI17x15OznF/view?usp=sharing

Interested candidates may email TN at tnlee(at)kyber.network to learn more about the role.