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ITC Progress Update 2018/7/14–2018/7/20 by iot-chain

View this thread on: hive.blogpeakd.comecency.com
· @iot-chain · (edited)
$17.57
ITC Progress Update 2018/7/14–2018/7/20
![屏幕快照 2018-07-22 上午12.08.02.png](https://cdn.steemitimages.com/DQmXLj4K2cT2fm53ukdiddyThhPcTtSDddskA7Mu51BCGut/%E5%B1%8F%E5%B9%95%E5%BF%AB%E7%85%A7%202018-07-22%20%E4%B8%8A%E5%8D%8812.08.02.png)
# Development

## Main chain
![屏幕快照 2018-07-22 上午12.08.14.png](https://cdn.steemitimages.com/DQmSHfNRoPfjkvdVYxYbAeTsawNA8goGHxiVj2v8nb7qAoi/%E5%B1%8F%E5%B9%95%E5%BF%AB%E7%85%A7%202018-07-22%20%E4%B8%8A%E5%8D%8812.08.14.png)

**[Done] Virtual machine implementation and test suite**
1. Abstraction and optimization for different underlying database implementations, no mocking required
2. Complete test suite based on property-test
3. Optimization of contract recursive call judgment

**[Done] Multi-currency wallet**
1. Reactive storage cross-platform persistent storage
2. Web3 and etherscan API integration

**[Wip] S/KAD protocol**
1. Achieve a more secure node discovery protocol

## Light nodes
![屏幕快照 2018-07-22 上午12.08.25.png](https://cdn.steemitimages.com/DQmUSF2Hp7b3A5DtevAoBNkPbya9bksra1K3heUf9VxbWZJ/%E5%B1%8F%E5%B9%95%E5%BF%AB%E7%85%A7%202018-07-22%20%E4%B8%8A%E5%8D%8812.08.25.png)

**Achieved the master-slave hybrid and enabled multiple node connections**
1. [Done] Chip module coding
2. [Wip] Chip module debugging
3. [Wip] Chip module home scene function upgrade

# Marketing
![WechatIMG66.jpeg](https://cdn.steemitimages.com/DQmexZyCHM5ZcLBrdt2SQhKWNpZmqfLBwhtuXThJ1NTaFum/WechatIMG66.jpeg)

Number of token holders | 15550 | -3.5%
------------ | ------------- | ----------------
Number of transactions | 42043 | +2.56%
(Data source: Etherscan.io)

# Community
![WechatIMG70.jpeg](https://cdn.steemitimages.com/DQmSnidg1FQ2qYhUaq5LgQmPoT3tDNtGnqHx4eru8nQ4Bkc/WechatIMG70.jpeg)

Chinese community | Number | %
------------ | ---------- | ----------
WeChat & QQ | 7637 | -0.43%

Overseas community | Number | %
------------ | ---------- | ----------
Telegram | 63246 | +0.06%
Reddit | 4918 | +9.39%
Twitter |  20566 | +0.12%

***************
# ITC Encyclopedia
## The Kademlia node discovery protocol
Kademlia (KAD) is a distributed hash table (DHT) technology based on the “exclusive OR” (XOR) distance algorithm. We want to implement a more secure S/KAD extension in KAD through a secure Node ID allocation mechanism. We also monitor non-intersecting paths to help prevent attacks.

************************
**Telegram:** https://t.me/IoTChain
**Reddit:**https://www.reddit.com/r/iotchain/
**Twitter:** https://twitter.com/IoT_Chain
**Facebook:** https://www.facebook.com/
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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@abah007 ·
I like how IoTchain keep the community updated with recent activities.
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@ace44 ·
That's one of the qualities of a good project, you don't just keep the community in the dark, keeping them abreast of the latest updates will lead to a robust community
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@em777 ·
yeah, they understand the importance of keeping the community updated
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@cryptossi · (edited)
I didn't really know a lot about IoT before I came across IoT Chain, I think it's great that through crypto we can learn about these new technologies and improve our knowledge.
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@cnote328 ·
The feeling is mutual buddy, iotchain has helped me have an indepth knowledge on IoT devices for that I'm much grateful.
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@geewynn ·
I can say that i was really a noob about Iot but the moment i knew about Iot chain. I had to go read on Iot.
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@darkoth89 ·
great to see you guys constantly providing the community with updates, keep up the work guys!
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@ethninja ·
I like that they are keeping all their channels active and not just one or two.
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@faulerwilli75 ·
a multi-currency wallet! I have totally overlooked so far. Great!
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@girib1684 ·
Exactly, even they are working on virtual machine implementation and test suite.
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@girib1684 ·
Finally chips module coding and debugging is started. Nice to see that their community also increasing.
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@anilbg ·
yes. lots of changes , progress every week. testnet is near and ITC team needs to put such efforts for all coming weeks.
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@owillz ·
Indeed everything needs to be on top gear hence forth to make sure that all that's needed in place before testnet starts is taken care of
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@najoh ·
IoT Chain is going to be huge !
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@em777 ·
yeah, they clearly have all it takes to lead the way and i wish them the best
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@rickle ·
Wow, these updates strengthen my faith in the project. Achieving more secure node for S/KAD protocol looks especially good.
👍  
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@ace44 ·
Yea, updates matters a lot in a project and you don't expect to continuously get investors when updates are not coming, ITC is giving investors confidence and also attracting potential investors along the way
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