Welcome to the 24th QuarkChain Bi-weekly Report for the period from Jan. 26 to Feb.06.

1.Development Progress

Launched Testnet 2.4 (network ID 24) on Feb. 1! In addition to the features in previous testnets, e.g., PoW mining, token transfers, the new network starts testing the following new features.

Chain ID — Each chain can be individually configured (e.g., consensus algorithm, number of shards, VM) and new chains can be added into the network dynamically. Chain IDs can be obtained from https://testnet2.quarkchain.io/stats.

Multi-native token transfer — Multi-native tokens can be requested on the faucet page (https://testnet2.quarkchain.io/faucet) and transferred through the wallet (https://testnet2.quarkchain.io/wallet).

Proof of Staked Work — This will allow miners to mine blocks with much less difficulty if they lock certain amount of tokens in their accounts.

More details about testnet 2.4 can be found at https://github.com/QuarkChain/pyquarkchain/wiki/Testnet-2.4-Overview

2. New Article about Cross-Shard Transaction

In this article, Dr. Zhou presented the cross-shard transaction details of QuarkChain. He discussed how QuarkChain achieves atomicity, security, scalability, and addresses the hot-shard problem. In the next article, he will discuss more details about the implementation of QuarkChain to enable high-performance nodes, via clustering. For more details please click: QuarkChain Explained, Part 6: Cross-Shard Transaction

3. Developer Bounty Program

Since inception, QuarkChain has achieved many milestones. It has been almost 2 months since QuarkChain testnet 2.0 launched and runs stably. In order to further enhance QuarkChain network security, offer the highest level of security of users’ property, and make QuarkChain the most secure project, we officially announced “Developer Bounty Program”. For details please click: Developer Bounty Program.

4. Annual Commemorative Video

QuarkChain team is sincerely grateful for the great support from QuarkChain’s community during the past year. We have prepared an annual commemorative video to review QuarkChain’s milestones.

5. QuarkChain has been selected to attend Startup Grind Global Conference

QuarkChain has been selected to attend Startup Grind Global Conference held February 12th through February 13th in Redwood City, CA, which is supported by Google for Startups. Startup Grind is the largest independent startup community, which has nurtured startup ecosystems in 125 countries and has built collaborations with Google for Startups and other organizations.

FYI

Website

https://www.quarkchain.io

Discord

discord.me/quarkchain

Telegram

https://t.me/quarkchainio

Twitter

https://twitter.com/Quark_Chain

Medium

https://medium.com/quarkchain-official

Reddit

https://www.reddit.com/r/quarkchainio/

Facebook

https://www.facebook.com/quarkchainofficial/