PlatON Bi-Weekly Report, 1.1-1.15 2021

PlatON Network
5 min readJan 15, 2021

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Project Progress

Underlying chain

Version 0.15.0 is under testing and plans to upgrade network governance on Alaya in late January. The following contents have been added to this version:

-Add mixed staking: When the lockup amount is enough to complete node staking,it has the highest priority.Otherwise, the combination of free amount and lock pledge will be used for staking, and the free amount will be consumed first.

-Optimization of txpool module for synchronous modification of Ethereum;

-Dynamic adjustment of binomial distribution parameters according to the total amount of staking.

-Deal with bad debt data due to lock-up problems in versions prior to 0.14.0

-Fix the problem that the weight of the node in the zero-out of block penalty was not adjusted when the node was dedelegated.

-Fix the problem that when nodes being penalized due to zero-out of block should redeclare the version number if they return to validator list.

Peripheral tools

Mobile Wallet ATON version 0.15.0 is under testing and plans to upgrade network governance on Alaya in late January. This version mainly completes the following:

-Add management console: configurable node settings; configurable privacy protocol and user protocol.

-Architecture optimization: split past API services into application-related services and chain-related services.

-Fix bug: the issue of the current network handling fee is 0.

Blockchain browser Platscan version 0.15.0 is under testing and plans to upgrade network governance on Alaya in late January.This version mainly completes the following:

The delegation rewards proportion of nodes is modified, which needs to take effect in the next settlement cycle.

-Add lock-up management parameter minimumRelease.

-Add estimated unlock block height for zero-out of block penalty list and exited node list

-According to the transferred data returned by the underlying version, adjust the amount related to lock-up, including staking and delegation.

Node management tool version 0.15.0 is under testing and plans to upgrade network governance on Alaya in late January. This version mainly adapts to the underlying version of 0.15.0, and a new mixed staking method is added: when the lockup amount is enough to complete node staking,it has the highest priority.Otherwise, the combination of free amount and lock pledge will be used for staking, and the free amount will be consumed first.

Ecology Progress

Cross Chain

1. The cross chain V2.0 was submitted to the test department for testing on Jan.11,the test progress is 30%, which is expected to be completed on Jan 25.

Privacy Transaction

1. The privacy token JAVA SDK was submitted to the test department for testing on last Dec.30,the test progress is 30%, which is expected to be completed on Jan.22.

2. The privacy token contract was opened source on Jan.8.

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LatticeX Foundation Grants Projects Progress

Project 1

Project Name: Contract IDE Tool

Project Introduction: PlatON Studio is an IDE to assist developers to conduct smart contract development on PlatON blockchain,which support Mac OS/Windows/Linux operation system.

Project Progress: Completed 25% of overall progress,and started the development of milestone1-build the basic framework development environment of IDE,creation and management of private key.

Project 2

Project Name:PlatON-CLI Java Version

Project Introduction: Java version of PlatON-CLI tools,send low-fee transactions quickly and in batches;fast and batch staking,delegation, governance and contract-related operations

Project Progress: finished 60% of overall progress,and finished the development of trading,staking and delegation module.

Project 3

Project Name: Vanity-Alaya

Project Introduction: Vanity address is the pretty account address generator for Aalya.

Project Progress: Completed

Project 4

Project Name: Data snapshot

Project Introduction: Provide a way to quickly download blocks for newly joined nodes, so that nodes can quickly follow up to the current network state

Project Progress: Completed

News

1.PlatON officially releases a new phase of the Grants projects

At the end of 2020,as LatticeX Foundation officially announced the new ecological development Grants plan to the world,it received a positive response from community developers, experts and technical colleagues.After full communication and discussion with all the application teams,PlatON officially released a new phase of the Grants project to promote the ecological construction of PlatON.

https://platon-network.medium.com/platon-officially-releases-a-new-phase-of-the-grants-projects-c88ef73c8dca

2.PlatON was awarded “2020FAT Public chain Project of the year”

On January 7th, the “Value Era” Industry Summit Forum and 2020 FAT Award ceremony hosted by Odaily was held in Beijing. In the 2020 FAT Blockchain Fat list released by the organizers, PlatON was awarded the “2020 FAT Public Chain Project”.

3.Formal Open Source of PlatON Privacy Token Contract

The Privacy Preserving Computation Network and the Distributed Economy Infrastructure PlatON announced today that the Privacy Token Contract is officially open source and aims to help eco-developers and partners hide information from both parties in their products and applications and protect individual privacy through the Privacy Token standard.

https://platon-network.medium.com/formal-open-source-of-platon-privacy-token-contract-70159ab75f17

4.Understanding OCC’s Groundbreaking Guidance on Stablecoin and Cypto-payment Networks

Amidst the much heated global discussion of digital currencies right at the beginning of 2021,the Office of the Comptroller of Currency (OCC) brought forward an interpretive letter (# 1174),like the music taking ears in the Blockchain innovation market much in surprise.The letter is generally heralded as the efforts in clarifying road rules from the U.S. regulatory agency for the application of innovative crypto technologies, paving the way forward for the national banks and the Federal Reserve Associations to use the new powerful technologies,including the Independent Node Verification Network (INVN) and stablecoins to better service the ever-demanding payment needs from the real economy.

https://platon-network.medium.com/understanding-occs-groundbreaking-guidance-on-stablecoin-and-cypto-payment-networks-f29e0ec1fc62

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PlatON Network
PlatON Network

Written by PlatON Network

PlatON — An Infrastructure for Privacy-Preserving Computation and Distributed Economies.

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