VNT WEEKLY, December 3

This is the weekly report of VNT Chain in which you will find about the latest project updates, community news and development progress. It would be a great honor for us to share exciting news and build the ecology with you!

Project Updates

1. On November 30, the 2018 International Blockchain Consensus Conference was convoked in Changsha International Convention and Exhibition Center. Dr. Huang Butian, co-founder of VNT Chain and founder of Yunphant Blockchain, had a speech of ‘Next Generation Distributed Consensus Mechanisms and Systems Design’ about the topic of ‘Consensus Mechanisms and The Real Economy — Innovation of Technology and Application’, and carried out thorough communications and discussions with other guests and audiences in the conference.

2. Recently, VNT Chain ran road shows in the Tsinghua University and the University of Beijing, with the Bitrun College blockchain technology week Beijing special session. Wang Congli, co-founder of Yunphant Blockchain shared the ‘Exploring The Landing of Future Blockchain’, and had discussion with students from universities on the knowledge of blockchain industry.

3. On November 30, Zhou Feng, co-founder of VNT Chain, attended to the Application Special Meeting of Blockchain, the 22nd phase of Hangzhou E-Commerce Innovation and Entrepreneurship Salon hosted by Hangzhou Business Committee and sponsored by City Newspaper. Zhou Feng delivered a splendid speech on how block chains can enable the real economy.

Community Updates

VNT Thanksgiving Event was successful. These gifts of Want-Want Big Gift Bag, Northeast Rice and Steamed Bread of Corn will be delivered soon. Please stay turned for the warm winter gift from VNT!

Development Progress

Consensus Module

The research of offline Witness Removal Program — 65% completed The development of BFT module was completed, debugging — 45% completed Non-witness development of verification scheme for BFT process — 60% completed Refactor the Witness Management Contract Code, Matching Virtual Machine Interface — 50 % completed The design of Witness Incentive Program — 45% completed BFT functional unit testing — 20%

Smart Contract Module

Contract compiler code refactoring completed, unit test under progress — 75% completed Contract compiler integrates with Sender, Address, Event and completes testing Optimize local variable assign mechanism — 60% completed Array and cross-contract call testing — 100% completed The optimization of smart contract formalization proof design — 80% completed The development of contract secondary compilation function — 60% completed Compilation of WASM code — 25% completed Contract sample development (Q language) — 100% completed Gas injection in WAVM, complete WASM code block parsing — 100% completed Coverage functional test and Gas consumption test for WAVM — 25% completed

P2P Module

Weak network environment and fault tolerance test — 85% completed The update of P2P module design document — 65% completed

Cross Chain

Design of cross-chain interaction scheme based on notary — 65% completed Cross-chain interaction demo based on notary public — 60% completed

Consortium Chain