WaykiChain (WICC) Monthly Report (October 2020)

WaykiChain WICC
7 min readNov 3, 2020

Technology & Products

Public Chain Development

l Introduction of libp2p library to public chain programs as the basis for underlying network communication (80%)

l Plug-in framework added to public chain programs (100%)

l WASM token mode changed to db (100%)

l Private key randomization optimized and upgraded (100%)

l Script for writing new chain code compiled, Linux and macOS support added (100%)

l Algorithm for signature verification and public key push optimized and improved (C++) (100%)

l Compilation problem in secp256k1 library solved (100%)

l Rand_bytes() random function upgraded (100%)

l Core code integrated to the new chain, correct execution of programs achieved (100%)

l WASM development documentation: emit_result analysis and sample added to WASM function explanation (Chinese) (100%)

l WASM development documentation: WASM SDK transaction document added (Chinese) (100%)

l WASM development documentation: English documentation added (100%)

l WASM development documentation: WASM_type (Chinese) added (100%)

l WASM development documentation: WASM SDK index, detailed description of SDK functions, and SDK table documents optimized (Chinese) (100%)

l WASM development documentation: new SDK-related content added and optimized (100%)

Application Development

l Lock-up reward query developed, tested and launched (100%)

l WaykiTimes 3.0.5 Android and iOS tested and launched (100%)

l WaykiTimes service suspension function for system upgrades developed (100%)

l WaykiTimes Tokens function developed (100%)

l WaykiTimes multi-channel package upgrade function developed (100%)

l WaykiTimes iOS network error notifications optimized (100%)

l Wallet, Collateral Loans, and Wayki-X pages optimized in WaykiTimes iOS (80%)

l WaykiTimes download page developed (100%)

l Development of automatic wallet activation after wallet creation in WaykiTimes (50%)

l Redirection to trading interface in Wallet — Synths developed (100%)

l Coinbase integration development (wicc-rosetta-api) (95%)

l WaykiTimes Android bugs fixed and performance optimized (100%)

l Blockchain explorer bugs fixed (100%)

l WaykiMax plug-in wallet bugs fixed (100%)

l Wayki-X bugs fixed (100%)

l WaykiTimes transfer bugs fixed (100%)

l Price display optimized on the trading page of WaykiTimes English version (100%)

l Native to HTML5 page redirection speed optimization (80%)

l Wayki-X, app download page, and official website UI optimized (100%)

l Help Center content optimized, link copy function added (100%)

l BaaS add network error notification added (100%)

Plan for November

Public Chain Development

l Introduction of libp2p library to public chain programs as the basis for underlying network communication

Application Development

l Development and testing of the optimized CDP version

l WaykiTimes 3.0.6 specification development and testing

l Mechanism update for access socket of WaykiTimes trading page

l Transformation of a part of WaykiTimes HTML5 pages to native pages

l Coinbase integration testing

Market

International Market

l On October 13, accounts on Bitcointalk (WaykiChain_Project), Reddit (https://www.reddit.com/user/Waykichain), and Facebook (https://www.facebook.com/WaykiChainWICC/) resumed posting of official content.

l On October 14, the crypto influencer @CoinsCalendar retweeted WaykiChain’s September report.

l On October 14, “Decentralized Synthetic Asset Protocol: Wayki-X” video released on WaykiChain Twitter and YouTube. The video got 500+ views and 300+ reposts.

l On October 15, WaykiChain CEO Gordon Gao released the in-depth industry analysis article “What Is the Potential of Synths?” and WaykiChain Twitter and Medium reposted it. The article hit 300+ reposts.

l On October 16, the cryptocurrency media Coinspeaker published Gordon Gao’s article “What Is the Potential of Synths?”.

l On October 21, WaykiChain co-founder and CEO Gordon Gao was invited to an AMA session at Pantera ICO (https://t.me/panteragroup), a famous cryptocurrency community in South Korea, where he introduced the DeFi ecosystem, products, and future planning of WaykiChain to Korean users.

l On October 21, the famous news agency GlobeNewswire published the news about 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference jointly hosted by WaykiChain and 36Kr (https://www.globenewswire.com/news-release/2020/10/21/2111658/0/en/Top-Blockchain-Finance-Gala-WaykiChain-holds-2020-DeFi-Global-Summit-and-WaykiChain-Ecosystem-Partner-Conference-in-Shanghai-on-Oct-25.html).

l On October 21, WaykiChain announced its membership in Asia DeFi Alliance via the official Twitter.

l On October 21, WaykiChain held the first round of weekly Q&A bounty tweets. As of October 24, 100+ users participated.

l On October 24, user @_rhythms29 won the first round of weekly Q&A bounty tweets and received an ETH airdrop from WaykiChain.

l On October 24, the official Twitter of HackerNoon, the American technology publishing website, retweeted the in-depth industry analysis article by WaykiChain co-founder and CEO Gordon Gao “What Is the Potential of Synths in DeFi?”

l On October 26, WaykiChain held the second round of weekly Q&A bounty tweets. As of October 29, the number of participants exceeded 150.

l On October 26, WaykiChain reached strategic market cooperation with Vietnam’s largest blockchain media and community vbc.group.

l On October 29, users @QuyenTr0902 and @maqceem won the second round of weekly Q&A bounty tweets and received an ETH airdrop from WaykiChain.

l On October 29, Telegram group Nhóm VBC (https://t.me/nhom_vbc) of Vietnam’s largest blockchain media and community vbc.group invited WaykiChain co-founder and CEO Gordon Gao to an AMA session. Mr. Gao answered the questions of Vietnamese users about WaykiChain’s ecosystem and products, and explained why WaykiChain joined the Asia DeFi Alliance (ADA).

l On October 30, Indonesian cryptocurrency media CryptoFun (https://cryptofun.id/) invited WaykiChain co-founder and CEO Gordon Gao to an AMA session in its Telegram community CryptoFun Discussion (https://t.me/CryptoFun_Discussion).

National Market

l On October 10, WaykiChain CEO Gordon Gao released the article “What Is the Potential of Synths?” where he pointed out that “DeFi synth protocols have the highest asset utilization and produce the most tangible effect and the highest leverage.”

l On October 10, “Wayki-X Tough Questions and Answers 01: ROG C-Ratio” released across various Chinese media.

l On October 13, “Wayki-X Tough Questions and Answers 02: ROG and xUSD Rewards” released across various Chinese media.

l On October 15, “Wayki-X Tough Questions and Answers 03: Synth Trading” released across various Chinese media.

l On October 21, WaykiChain joined Asia DeFi Alliance for the common construction of a prosperous DeFi ecology.

l On October 22, the Announcement on the Solution for Wayki-CDP Users Liquidated due to October 22 WICC Extreme Market Conditions was released. As WaykiChain puts users first, the users who experienced liquidation early in the morning on October 22 at prices of 0.18 USDT and below can redeem the liquidated WICC at the liquidation price within one month.

l On October 24, the article “Conference Highlights Preview! You Are Invited to the 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference Early Experience” was released across the Chinese media. It previewed the important guests and event highlights.

l On October 25, WaykiChain and 36Kr jointly held the 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference in Shanghai. The guests included Vice President of the China Society for World Trade Organization Studies (CWTO) and former President of the Chinese Academy of International Trade and Economic Cooperation (CAITEC) of the Ministry of Commerce Mr. Huo Jianguo, WaykiChain founder & CSO Wayki Sun, Deputy Director of the Trusted Blockchain Bureau of China Academy of Information and Communications Technology (CAICT) Mr. He Tao, Director of ShenZhen information service Blockchain Association Mr. Zheng Dingxiang, Shanghai Blockchain Association Chairman Ms. Wang Yi, Shanghai Advanced Research Institute, Chinese Academy of Sciences, Professor Zhang Zhaofeng, and other honored guests. They discussed the development path of blockchain finance and analyzed WaykiChain’s integrated DeFi ecosystem, including the underlying public chain and DeFi products. WaykiChain gave away 15 gold bars, 3 iPads, and 1 iPhone 11 to the guests and distributed USD 300 WGRT airdrops to over 200 users.

l On October 25th, WaykiChain founder & CSO Wayki Sun made an opening speech at the 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference. Mr. Sun stated that, driven by huge profits and the continuous influx of professional talents, blockchain is creating a strong wealth effect. Mr. Sun expressed his belief that blockchain will have a revolutionary impact on the society.

l On October 25, at 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference, WaykiChain co-founder & CEO Gordon Gao gave the speech titled “Exploration and Practice of Public Chain Implementation”. During the speech, Mr. Gao made two announcements: 1) WaykiChain makes a strategic investment in Beekuaibao, tuoluocaijing.cn, and W Broker; 2) on January 5, 2021, WaykiChain third-year anniversary, WaykiChain will start Super Node Election.

l On October 25th, WaykiChain co-founder & CTO Richard Chen delivered a speech titled “The Power & Beauty of WaykiChain Technology” at 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference. Mr. Chen outlined the technical development process of WaykiChain and the achieved results. He stated that WaykiChain has completed upgrading to three major versions, successfully integrated the WASM virtual machine, reached the average TPS of 4500+, and realized cross-chain interactions.

l On October 25, WaykiChain co-founder & CPO Xi Zhang delivered a speech titled “The Most Imaginative Project of Future DeFi Synthetic Assets” at the 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference. Mr. Zhang pointed out that the Synthetic Asset Protocol Wayki-X helps users trade the best global assets without barriers and at a low cost, can expand liquidity and assets, and has unlimited future potential.

l On October 30, “Natural Selection & Survival of the Fittest! Blockchain Finance and WaykiChain DeFi Advanced Evolution” released across various Chinese media. The article summarized 2020 DeFi Global Ecosystem Summit and WaykiChain Ecosystem Partner Conference.

l On October 31, WGRT trading competition “Buy WaykiChain (WGRT) To Win BMW G310R, MacBook Pro and Gold Bar” jointly held by Gate.io and WaykiChain concluded. All the WGRT token rewards were issued. Physical rewards will be distributed shortly as collection of delivery addresses of the winning accounts finishes. See the event announcement on Gate.io for details.

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