QuarkChain Monthly Project Progress Report: Feb, 2020

Welcome to the 50th QuarkChain Monthly Report. This is our February issue. We will post monthly reports including development progress, monthly news, and events at the end of each month. In the future, QuarkChain strive to do better. Let’s see what happened in the past month!

Highlights:

  • Engineering team implemented a simulation model of Uniswap to test the relation between liquidity and depth of order book
  • We fixed potential timeout when mining shard chain in goquarkchain
  • The QuarkChain team introduced the goals and plans of technology, marketing and business development in the first half of 2020 in detail

1) Development Progress

Major Updates

Added

  • Added gRPC Client in pyquarkchain for issuing root-chain-related commands
  • Added Github actions for unit test CI and nightly CI check
  • Added prototype implementation of election for Raft consensus research
  • Implemented a simulation model of Uniswap to test the relation between liquidity and depth of order book

Updated

  • Improved log subscription through websocket in goquarkchain
  • Fixed potential timeout when mining shard chain in goquarkchain

2) Developer Events

Ongoing QuarkChain Foundation Grants Program

QuarkChain Foundation Grants Program is ongoing with the first project revolves around building a web front-end for multinative token auction, issuance, and gas reserve management. Developers and engineers who finish tasks will receive huge rewards.

Please consult this website for more details: QuarkChain Foundation Grants Program

3) Articles Summary

3.1 QuarkChain and Blockchain In Transport Alliance (BiTA) Partnership Update

The cooperation between QuarkChain and Blockchain In Transport Alliance (BiTA) has entered a new stage. At present, the QuarkChain LOGO has been updated on the BiTA official website. As the cooperation progresses, we will publish more information.

3.2 QuarkChain Monthly AMA Summary-02/22/2020

During QuarkChain’s February AMA, Dr. Zhou, CMO Anthurine and CBO Du Ting began the discussion by overviewing the whole public chain industry then answered the questions such as the impact of Bitcoin’s third halving on the whole blockchain industry, whether QuarkChain will consider joining the consortium blockchain, and the direction of innovation of the blockchain industry in 2020. After that, they introduced the goals and plans of technology, marketing and business development of the QuarkChain team in the first half of 2020 in detail. The team will release new products built with the Boson consensus framework later.

For the full summary: https://medium.com/@quarkchainio/quarkchain-monthly-ama-summary-02-22-2020-6cefb08dfeeb

3.3 Adding a Korean News Channel on Telegram

To better communicate the news of the QuarkChain project to the ever-supportive Korean community, QuarkChain has created a Korean News Channel on Telegram. From now on, all Korean announcements can be found here: https://t.me/QuarkChain_Korea_Announcement.

  1. Korean Telegram Chat Channel: t.me/QuarkChain_Korea
  2. Korean Kakao Talk Channel: https://open.kakao.com/o/gP54vQW (non-commitment: qkcgo)

3.4 QuarkChain Valentine’s Day Event Successfully Closed

QuarkChain held a 10-day event at home and abroad around Valentine’s Day to help community members express love to each other. We received nearly 100 touching stories. After the voting, 8 winners were selected for the eternal love fund and the team will record all the selected stories on the chain.

4) Events

4.1 2020 Stanford Blockchain Conference

The fourth Stanford Blockchain Conference took place between February 20–22, 2020 with industry veterans and experts from prestigious institutions. QuarkChain CEO Dr. Qi Zhou and CMO Anthurine Xiang, were among the honorable guests of the conference. During the conference, Dr. Qi Zhou delivered a speech on “What The Future Blockchain Looks Like to Empower Business.” He introduced the Boson consensus framework which can be applied into both consortium blockchain and public chains.

Click the event summary here: https://medium.com/@quarkchainio/broadening-the-future-of-business-applications-dr-49432b9f418b

4.2 2/20 World Blockchain Summit 2020 in Busan

The World Blockchain Summit Busan 2020 was held in Busan, South Korea on 20th February 2020, jointly organised by Blockchain MARVELS and Busan Economic Promotion Agency, and hosted by the Korea CEO Summit, Busan City, BNK Financial Group, Korea Blockchain Association and Korea e-Sports Industry Association.

Jonathan Kim, the head of QuarkChain Korea, delivered a speech on the topic of “DID-based life innovation” and held panel talks with MakerDAO and Simverse.

In his speech, Jonathan said “DID is one of the best areas to take advantage of blockchain” and added that “QuarkChain’s flexible and scalable design can support DID service well.” The event was attended by many experts from Busan Economic Promotion Agency, Future Industry of Busan Metropolitan City, BNK Gold Group, IBM, Block72 and LG CNS and they had in-depth discussion on the blockchain project of Busan.

5) Upcoming Events

5.1 2020 Silicon Valley Women in Engineering Conference

This conference will bring together students, professors, and women leaders for learning, networking, and helping college students make well-informed decisions about their career and future. QuarkChain CMO Anthurine Xiang will attend this event during which she will share her experience as CMO in a blockchain company.

6) FYI

Thanks for reading this report. QuarkChain always appreciates your support and company.

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