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ITC Progress Update 4/8/2018–10/8/2018 by iot-chain

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· @iot-chain ·
$3.29
ITC Progress Update 4/8/2018–10/8/2018
![34封面.jpg](https://cdn.steemitimages.com/DQmYbPiD5XP4R9M4CFcBWYnMsxN8an4gH1en8df1Svpfcwx/34%E5%B0%81%E9%9D%A2.jpg)

# DEVELOPMENT
## Main Chain
[Done] Wallet:
· Add custom token view
· Resolve Android device filesystem issues
· Unify UI style

[Done] Refactor validators (used in authentication module)

[Done] Algorithm coding

[Done] Modify chain ID to support unlimited chain protocols

[Done] Add consensus engine and protocol, abstract unified interface for different consensus algorithms

[WIP] Fetch all tokens for one address

## Light Nodes
Bluetooth master-slave mix and multi-node connection (based on cc2540)
· [Done] Chip module debugging
· [Done] Chip — end home scene function upgraded

ECC implementation of asymmetric algorithm for chip
· [Done] Algorithm coding

# MARKETING
![34e_02.jpg](https://cdn.steemitimages.com/DQmNpnhfv4xvwe1DtRF8VQ6epds8AN5xGBY2WeuSzAvSrm4/34e_02.jpg)

Number of token holders | 19428 | +1.29%
-------------- | ------- | ----------
Number of transactions | 51169 | +1.08%
(Data source: Etherscan.io)

# COMMUNITY

![34e_04.jpg](https://cdn.steemitimages.com/DQmP6DWfUnjZdfeKu16MoEy8Y8SHPpJGZdUzDxbp5FQKzHZ/34e_04.jpg)

Chinese community | Number | %
-------------- | ------- | ----------
WeChat & QQ | 7320 | -0.33%

Overseas community | Number | %
-------------- | ------- | ----------
Telegram | 62111 | -0.65%
Twitter | 20969 | +0.57%
Reddit | 7115 | +22.97%

# EVENTS
## IoT Chain and SWFT Blockchain Sign Strategic Cross-Chain Exchange Cooperation
![640-4.jpeg](https://cdn.steemitimages.com/DQmWFJwLxWdcWdJ7JtvfB993m1YPvzyx6G9H1dqRbW9XSVG/640-4.jpeg)

IoT Chain is pleased to announce a strategic partnership with Silicon Valley based SWFT Blockchain, a one-click cross-chain currency transfer exchange and wallet. The two parties will jointly carry out in-depth co-operation and promote the development of a new generation of blockchain technology. ITC has now launched on SWFT platform, which can realize cross-chain exchange with 35 Tokens.

# COMMUNITY ACTIVITIES
## ITC and SWFT launched two airdrop initiatives [Chinese Community]:
Poster Sharing — Sharing of an ITC & SWFT poster on WeChat moments and obtaining 10 likes from friends
Trading Competition — Trade ITC on the SWFT app

**************

## ITC ENCYCLOPEDIA

## Consensus algorithm
Consensus is the basis for building blockchain trust, which is usually used to deal with issues such as transaction verification/confirmation in a very short time, and is generally implemented through specific mathematical algorithms. For example, IoT Chain uses VRF+PBFT, Bitcoin uses POW (Proof of Work) and Ethereum uses POS (Proof of Stake).

## Chain ID
A chain ID is used to realize EIP-55 in order to support checksum address encoding.

***************

**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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