WaykiChain(WICC) Monthly Report — — June

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Technology & Product Development

Stablecoin

  • With in-depth study and research, and continuous process of practicing and perfecting, the stable coin’s mathematical model, economic model and technical model have been finalized.
  • The voting interest distribution mechanism has been modified to be distributed to each accounting node, and is effective at the future soft fork.
  • The implementation of the new block reward transaction, including the reward of transaction fee, voting reward fee, stablecoin creation block transaction completed;
  • Code reconstruction of the underlying account model of the public chain, transaction structure and abstract class of the persistence layer of stablecoin completed;
  • De-centralization price-feeding transaction and the system transaction of calculating the median price feeding of each cryptocurrency completed;
  • DEX price-limited transaction, market transaction and system matching & settlement transaction completed; It can realize the trading between users or the trading demand of stablecoin system;
  • The function development of initial mortgage creation, additional mortgage, partial or full redemption, partial or full liquidation operation of CDP completed.

Application Development

  • WaykiTimes V1.3.0 release (100%) : token list, landscape screen and bug tracking function added.
  • 80% overall project process of WaykiTimes V2.0.0 completed;
  • Front and rear end and native interface coordination (100%);
  • Overall business logic and function development on-going (90%). Chinese and English page switching on-going (90%);
  • Blockchain Explorer V2.0.0:
  • Management background prototype design completed The development process to be conducted;

System Operation

Classification and alarm of service anomalies completed;

Full automatic compilation, packaging and distribution for Android system completed.

T2D2 Development

  • WaykiMix contract development tool completed (100%);
  • WaykiMix V2.0.0 launched;
  • Automated deployment tools development completed; Standard setting and practice on-going;
  • Research and formulation of WRC721 standard completed;
  • Demo application framework design based on WRC721 completed;
  • WRC721 DApp design completed.

Public Chain Development

  • Function improvement and performance improvement on-going;
  • Node synchronization data error fixed;
  • Rollback contract registration transaction error fixed;
  • Node wallet UI module removed;
  • Node IP address collection service completed;
  • Box instant chain sweep service completed;
  • Database rollback log structure improvement on-going;
  • Objects of Global Data Management improvement on-going;
  • Database underlying access interface reconstruction completed;
  • Account voting information (decoupled from account information) reconstruction completed;
  • Rollback log processing logic for vote trade votes reconstruction completed.

Following Work Plan

  • Stablecoin
  • Complete interface development, module unit test, and system automation test, and continuously upload to the R&D chain;
  • Complete wallet SDK function expansion related to stable coin and voting;
  • Primary completion stage of the management and operation interface of user-oriented CDP;
  • Official Launch of WaykiTimess V2.0.0
  • Public Chain Development
  • DEX-related JSON RPC interface implement;
  • Public chain and matching service docking joint development.

Community Development

Overseas

  • The cooperation project between WaykiChain and the Ministry of Commerce of the People’s Republic of China have received extensive attention from the Korean media. 18 blockchain vertical medias and 156 traditional financial medias have published relevant content.
  • Massive attention of oversers media was driven by the development of WaykiChain public chain; Cointelegraph published the press release on WaykiChain tps: 3200; The Merkle published the press release on the upcoming WaykiChain stablecoin: WUSD; Bitcoin News etc. medias published the ariticle about WaykiChain CEO Gordon’s industry insights and win-win-win business model.
  • WaykiChain has reached strategic cooperation with CTFEX, the world’s leading unicorn private equity share exchange platform, received the massive attention of medias. Rueters, Yahoo Finance, Associated Press, Yahoo News, Canadian Fortune Magazine etc. famous mainstream medias reported the cooperation. Well-known blockchain media NewsBTC and Cointelegraph published articles to analyze how would traditional investors enter crypto market through the collaboration between WaykiChain and CTFEX.
  • Shooting the first video series for stable coin warm-up, to simplify complex technical knowledge and introduce the advantages of WaykiChain’s stable coin on Twitter.
  • Broadcasted the project introduction and cooperation strategy of WaykiChain and CTFEX.
  • The official Telegram group launched the second “Trivia Game” interactive event.
  • Maintaining the overseas official channels, posted “Dex Proposal QA with CEO&CTO on Binance”, “WaykiChain(WICC) WUSD:Stablecoin Relying on Public Chain will be Promising”, “How Far Are We From the DApp Era?”, “Eco-Triangle Formed by the Three Cointypes in WaykiChain(WICC) Ecosystem”, “WaykiChain (WICC) will be listed on Gate.io”, “How does WakiChain(WICC) Stablecoin Benefit for WaykiChain Ecosystem”, “WaykiChain Multi-Signature Technology”, “ ‘Token List’ is Available on WaykiTimes Now”, etc. 15 articles.
  • Disclosed the latest updates of WaykiChain project to the communities including “WaykiChain Official Group” and “WaykiChain Developers-Global” telegram groups.

China

  • On June 29th, WaykiChain was invited to participate in the “2019 World Blockchain Industry Ecology Forum” and delivered a speech on “The Exploration and Logic of Stablecoin”.
  • The first “WaykiChain stablecoin WUSD Q&A” draw won the cash reward activity successfully ended, with a total of 273 people participated. The second event will be launched on July 3, 2019. For details, please pay attention to the “WaykiChain Sweetie” on Wechat.
  • The new share placing campaign of WaykiChain & CTFTT was successfully completed. The final subscription amount was 368,000 USDT, and the placing coefficient was 0.54. The release of CTFTT and the return of USDT were also completed.
  • Produced 2 episode of “WaykiChain Daily News” live broadcast, with 4,141 views, 1,501 likes and 53 comments.

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