WaykiChain (WICC) Monthly Report — August
4 min readSep 7, 2019
Technology & Product Development
Public Chain development — Stablecoin module
Bottom Layer
- Complete the interest calculation changing logic for voting and interest when switching single currency to 3-currencies mode.
- Complete obtaining pending orders RPC interface on DEX
- Fix CDP, DEX related bugs
Application Layer
- Test CDP application layer (90%);
- DEX application layer development (50%).
Public Chain development — fundamental module
- Voting related test (90%);
- Wasm development (70%);
- Implement the aBFT consensus mechanism;
- The aBFT consensus mechanism links to the existing consensus code;
- Multi-currencies supported in contract trading (100%);
- Contract trading account is free of activation (compatible with RegID)
- Fix the bug that intiate a transaction using public key repeatedly generates RegID;
- Added the interface to destroy account private key dropprikey (100%).
Application development
- Updating the stablecoin functions in wallet plug-in (95%);
- Go, javascript, kotlin wallet library: added all the stablecoin features (90%);
- Binance mobile 2-way swap service launched on WaykiTimes application center;
- WaykiChain Block Time Vote App lauched on WaykiTImes application center (100%);
- Upgrade of stablecoin functions in Blockchain Explorer (20%)
Following Work Plan
Public Chain development — Stablecoin module
Bottom Layer
- Fix CDP, DEX related bugs and preparation work for launching stablecoin;
Application Layer
- Complete all tests of CDP to stably launch on the test chain
- Complete all tests of DEX to stably launch on the test chain
Public Chain development — fundamental module
- Launch wasm on test chain;
- Launch aBFT consensus mechanism on test chain;
- Launch stablecoin functions on test chain.
Application development
- Go, javascript, kotlin wallet library: added all the stablecoin features (100%);
- Launch WaykiRedPacket App (100%);
- Wallet plug-in optimization upgrade (100%);
- Launch stablecoin functions in Blockchain Explorer on test chain (100%).
T2D2
- Upgrade baas background: add stablecoin part (100%).
Marketing Monthly Report
China
- WaykiChain joint Binance DEX held a series of events including airdrop, offline meet-up (Shenzhen), Binance DEX operating process livestream, etc. The interaction with the community got widely praised.
- Sohu, Youku, Tencent and other video sites simultaneously released that WaykiChain CEO Gordon Gao accepts interview at the “Credit China” ceremony with CCTV, Xinhuanet-Xinhua Xuanwen, “Economic Daily”, “Ingenuity” TV.
- WaykiChain reached a strategic cooperation with the well-known DApp ecosystem platform DAppBirds. The two sides will carry out multi-dimensional cooperation in DApp declaration, market operation, user asset management and other aspects to jointly serve the global DApp users in WICC ecosystem.
- WaykiChain WICC reached a strategic cooperation with DAppReview, the world’s largest DApp ecosystem platform. Long-term strategic cooperation has been reached from the aspects of ecological construction on chain, DApp data sharing, and interactive marketing.
- New casual game Block Miner has launched on WaykiChain. According to third-party data, 2,793 transactions with a total volume of 2,360 has been reached on the launch day, and attracting 800 users in total.
Overseas
- Well-known blockchain vertical media The Merkle.com published in-depth analysis article “Any way to stop Bitcoin falling?”. The author introduces and compares WaykiChain stablecoin WUSD, Bitcoin and Tether, and considers WaykiChain’s stablecoin to be a safe and stable option. Forbes refers to the technical and commercial advantages of WaykiChain in “3 Startups Changing How Entrepreneurs Do Business And What We Can Learn From Them”.
- WaykiChain x Binance DEX held online airdrop event (1st round). The event was launched on Twitter, and attracted high-level of attention in the short term. WaykiChain official Twitter boosted by thousands of followers, and WaykiChain overseas community size increased by 5 thousands. The number of discussion has reached thousands.
- WaykiChain offline meetup event is planned to be held in Russia. This is the first offline event in Russia. The event is in the form of lectures and seminars. Russian WaykiChain users and investors will participate in this offline meetup.
- During August 9–10th, Wikichain X Huobi (Korea) Hackathon was successfully held at the Huobi Blockchain Coffe House in Seoul, South Korea. The event gathered a number of leading representatives, developer teams and top media in Chinese and Korean blockchain industry. The developer teams had been proactively developing new DAPPs with the technical guidance from WaykiChain’s tech specialists. The top developer team won the $20,000 prize and the trip to WaykiChain office, with their Block TV app.
- WaykiChain holds the Binance DEX trading competition. Lucky traders will receive a prize of 500WICC ($75 worth) per day.
- During the WaykiChain Hackathon event period, WaykiChain carried out large-scale of online and offline airdrop events, attracting local investors in Korea participate in the event.
- Maintenance of overseas official channels, released “About WaykiChain’s Smart Contract”, “WaykiChain(WICC) X Huobi Korea Hackathon 2019 Herald the New Era of DApp Development”, “DAppReview WaykiChain(WICC) Moonlanding World’s Biggest DApp Ecosystem Platform: DAppReview”, “WaykiChain Insists on Technology Exploration being Transformed into Business Advantage”, “FREE 100,000 WICC! WaykiChain X Binance Chain Airdrop on Binance DEX to Start”.
- Daily operations of WaykiChain Official Group and WaykiChain Developers-Global, 웨이키체인-WaykiChain(WICC) Korea and WaykiChain Korea Kakao group, updating project in time.
