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December 29, 2018, 09:18:11 AM |
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CHECK out our corporate video to have a quick look at what is INT and what problems INT solves.
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January 02, 2019, 02:18:18 AM |
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A Recap of INT Chain’s Achievements in 2018 Technology R&D
1. Main chain
INT public chain was first released on 1st February 2018. Since then, INT team has carried out code refactoring and layering, developed an upgraded version of the chain which is more applicable for actual application scenarios in IoT, and released a global public beta version of the chain. After several months of R&D in core design, INT team successfully implemented a P2P network communication protocol, consensus algorithm, and smart contracts, and released a working testnet on 14th December 2018. At present, INT team is following up on feedback submitted by users and community to continue improving the main chain. Mainnet, token swap, and node election are expected to be launched in mid-late January.
2. Wallet and explorer
INT team has accomplished the development of web wallet, full-node wallet, and explorer and is constantly testing and optimizing the products.
3. Official website
In February 2018, INT team completed the first revision of the official website. Based on the requirement of mainnet, the new version of the official website with more functionality and a better user experience will be launched soon.Business Cooperation1. INT Chain’s first use case Esurfing Blockchain Router
INT’s Esurfing Blockchain Router, designed and developed in partnership with Zhejiang Telecom was released. Its pre-sale started on the Taobao online store on 11th November. At present, all the pre-sale orders have been delivered to the buyers.
2. IoT applications
INT Chain successively won project bids for a prison in Linshui, and a passenger station in Quzhou, as well as having in-depth negotiations with multiple companies in the fields of smart logistics, smart medical care, smart property rights, new energy, and counterfeit detection.
3. Two “Blockchain + Internet of Vehicles” invention patents
INT team conducted in-depth research on “Blockchain + Internet of Vehicles”, and successfully submitted two invention patents: vehicle overspeed detection module, and vehicle detection system.Community DevelopmentAfter a year of development, having already built a social media presence on Telegram, Twitter, Facebook, Reddit, and WeChat, INT Chain expanded to other channels such as Bitcoin Talk, Medium, Steem.it, and Quora. INT’s domestic and global community reached 108,701 users.Exchange ListingDuring 2018, INT Chain was listed on OKEX, FCoin, Debi, Bitfinex and Ethfinex exchanges. The preliminary globalised trading plan is complete.Activity OperationsIn the past year, INT team held more than 15 online marketing activities and attended over 20 offline conferences in Germany, France, South Korea, Singapore, The Philippines, Myanmar, Beijing, Hangzhou, Shanghai, and Wenzhou.
In 2019, INT mainnet will be released and an ecosystem of DApps will be built on INT Chain. INT team will endeavor to craft INT’s own core products and business model and focus on DAPP development, the global community, applications, and blockchain technology innovation. |
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INT-CHAIN (OP)
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January 07, 2019, 10:17:15 AM |
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Dear INT community,
Due to the mainnet swap of INT, exchanges INT listed on (OKEx、Bitfinex、Ethfinex、Coinegg、FCoin、Allcoin、Coolcoin、Yex、Debi) will successively pause the deposits and withdrawals of INT until the mainnet swap completes. On Jan 4, 2019, 14:00 (HKT), OKEx has already paused the deposits and withdrawals. For other exchanges, please pay attention to their official announcements.
During the pause period, please do not deposit INT into the exchanges or withdrawal INT to avoid the risk of losing your tokens, while the spot trading in exchanges remains available. After the token swap, exchanges will generate a new depositing address for your account and the old depositing address will be disabled. Tokens transferred to the old address will be lost.
Exchanges will help complete the token swap for INT in exchanges account. For INT in the ETH wallet, you can start the token swap through INT Web wallet according to the guide after the mainnet launch.
Please be understanding for any inconvenience caused. For more information about the mainnet launch and token swap, please follow our official announcements.
INT Team
Jan 5, 2019
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January 08, 2019, 09:28:23 AM
Last edit: January 08, 2019, 09:57:10 AM by INT-CHAIN |
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Xiang Ruofei: INT Chain Thearchy Node Plan to be released on Jan 10 Hello everyone. This is Dr. Xiang Ruofei.
INT Chain was founded in August 2017. During the past year and a half, we have been committed to developing and improving our main chain to hopefully contribute with a truly open-source, decentralized and efficient blockchain in the IoT industry.
2019 will be a crucial year for INT Chain. In mid-late January we will launch our mainnet and continue on our journey to build a brand new IoT ecosystem. You will see numerous DApps developed on INT Chain, more real world use cases, international INT Chain meet-ups and events, a global INT community, and more. What is even more significant in January is our Thearchy Node election. To ensure real decentralization of INT Chain, we adopt a consensus mechanism of DPoS+dBFT which require that all the Thearchy Nodes (super nodes) are elected by the INT community. The Thearchy Nodes will represent the will of INT supporters. Together, we should be responsible for ensuring the running of INT Chain and be involved in building INT’s new IoT ecosystem.
On January 10th, 2019, we will release the official node plan and collect related questions for our second AMA. By then anyone who are interested in being a Thearchy Nodes can get ready for the election according to the deploy guide or other documents. And I would like to encourage our INT community members to participate in the Thearchy Node election or be a running candidate.
In addition, 5G networks will be put into commercial operation next year. INT Chain will evolve into the unprecedented stage by integrating with 5G telecommunication infrastructure. It will be the first time around the world that in the INT Project blockchain technology has been applicated in 5G-enabled IoT scenarios.
To join the INT Project will be a fascinating experience for you. Let’s build the IoT ecosystem together. |
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INT-CHAIN (OP)
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January 09, 2019, 01:40:01 PM |
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Announcement on INT's New Official Website Dear INT Community,
INT's new official website is now live!
Considering the mainnet launch requirements and brand positioning and suggestions from community and experts, INT Chain revamped the official website, redesigning the overall style, interface, functions, etc. The new website includes more sections such as explorer, wallet, application, team and Dev. community.
The upgraded website provides a brand-new platform to broadcast INT project and make community better understand INT Chain and better engage in the building of INT global IoT ecosystem especially with the approaching of mainnet and node election.
INT Team
Jan 9, 2019 |
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January 10, 2019, 06:53:18 AM |
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January 10, 2019, 06:53:42 AM |
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INT-CHAIN (OP)
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January 10, 2019, 10:29:45 AM
Last edit: January 12, 2019, 12:24:17 PM by INT-CHAIN |
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Thearchy Nodes Wanted | INT Foundation Announces Node Plan Catalog:
1. INT Chain Node Related Terms
2. INT Chain Node Plan Ecological Blueprint
3. INT Chain Node Plan Timeline (Mainnet Live Phase)
4. INT Chain Node Election Details (Mainnet Live Phase)
5. INT Chain Node Incentives
6. INT Chain Node Incentive Details
7. INT Chain Node Penalty Mechanism
8. INT Chain Thearchy Node Configuration Requirements
9. FAQ
Annex 1. INT Node Deployment Guide
Annex 2. Node Supplementary Information Form
Annex 3. Wallet Vote GuideThe “Thearchy Chain” is the core of the INT’s entire architecture, which consists of servers provided by device manufacturers, community leaders and ecological enterprises (namely Thearchy Nodes). The basis for Thearchy Node generation is the INT consensus algorithm -DPoS+dBFT, which realize high TPS while ensuring the fairness of node election. INT Chain “Thearchy Node” will be generated by the community voting and there will be 13 Thearchy Nodes. The INT Foundation will officially launch the Thearchy Node election at the time of mainnet launch. By then 13 Thearchy Nodes will jointly build the INT Chain global ecosystem.INT Chain Node Related TermsINT Chain Node Plan Ecological BlueprintINT Chain Node plan is divided into two phases:
1.Mainnet live phase: the number of Thearchy Nodes is 13 and the rest are candidate nodes. Top 100 nodes voted are eligible for incentives, called “reward node”. The Thearchy Node provides INT Chain with networking, storage, computing, etc. INT Chain encourages each Thearchy Node to build and develop their own communities and hopes that all the global community members with different backgrounds can jointly grow the whole INT Chain global ecosystem.
2.Node expansion phase: it could happen at least one year later. The specific time and number of nodes depend on the development of the community. The longer-term node expansion plan will be determined by the community in the future.INT Chain Node Plan Timeline (Mainnet Live Phase)l INT Foundation Release Node Plan: January 10th, 2019
l Election Launch: at the time of mainnet launch
l Duration: long termINT Chain Node Election Details (Mainnet Live Phase)1.All registered nodes are considered as candidate nodes. Please check Annex 1 for the Node Deployment Process. A block is generated every 10 seconds. The voting circles every 364 blocks successfully generated, approximately 1 hour. The top 100 candidate nodes will be recorded as reward nodes in real time every time a block generates, and the top 13 reward nodes will be the Thearchy Nodes in the voting cycle.
2.In the initial stage of mainnet launch, considering the security of the mainnet, the INT team will initiate the first 13 Genesis Thearchy Nodes and will provide 5,000,000 INT for voting for the 13 Genesis Nodes.
3.The Thearchy Nodes elected are responsible for block generation during the next round of voting as well as other related works such as transaction verification, bookkeeping, block packing and confirmation in the INT Chain. The Thearchy Nodes will receive the corresponding rewards and be supervised by the INT Chain global community.
4.Any individual or institution holding an INT can vote for candidate nodes during the election. Each INT can vote for up to 20 candidate nodes. Voters can cancel or change their votes at any time. The corresponding INT for voting will be locked and cannot be traded. Voters can cancel their votes at any time for trade.
5.The candidate nodes can come from industries include but are not limited to: Internet of Things, media, exchanges, capital, e-commerce, logistics, biomedical, network security, etc.
6.The influence factors of becoming a Thearchy Node include server configuration, network bandwidth, deployment status. There is no requirement for holdings of INT.INT Chain Node IncentivesIn order to better maintain INT Chain network, the INT team expects to spend 20 million INT per year as node rewards by 2023. The reward will be all paid out of the INT Chain Foundation's dedicated wallet.
The specific reward distribution rules are as follows:
1.The Thearchy Node will receive 30% of the rewards mentioned above. Whenever a block is generated, the Thearchy Node who is responsible for generating the block will receive the corresponding block reward. It is beneficial to motivate the node maintainer to continuously upgrade the device and improve the TPS in the whole network.
2.The Reward Node will receive 50% of the rewards according to the number of votes every time a block is generated. This rule is to solve the problem that the distribution rule is too single and improve the activity and stability of the entire network.
3.20% of the reward will be distributed to all voters. This is for encouraging the whole community to actively participate in the voting.
Remark: All the rewards will be issued within seven working days.
After the success of block generation, Thearchy Node can obtain not only the rewards issued by the INT Chain Foundation and the block reward but also the transaction fee for the corresponding block which will be granted in real time. At the same time, reward nodes can obtain a certain amount of rewards according to the above article 2).
In the future, any adjustments to the above distribution rules may be proposed by any one of 13 Thearchy Nodes based on community opinions. After more than 2/3 of the Thearchy Nodes agree with the proposal, the new distribution rules can take effect.INT Chain Node Incentive Details1. As a Thearchy Node
For each block, the Thearchy Node will receive 1.9025874 INT. Note: 1.9025874 INT = (total reward amount per year/total block number per year) *30% The Thearchy Node will receive the transaction fee for the generated block in real time. 2. As a Reward Node (Thearchy Node is also a Reward Node) The Reward Node will receive INT according to the proportion of votes obtained in each round of voting as long as a block is successfully generated. For example, in the first round of voting, when the 50th block is generated, the Candidate Node A ranks 50th and the number of votes obtained at this time is 1000, and the total number of votes on the whole network is 10000 (which is the total votes of the top 100 candidate nodes at that moment), therefore, the vote ratio of the candidate node A is 1000/10000*100%=10%, and the candidate node will obtain 10%*3.170979=0.3170979 INT. Note: 3.170979 INT = (total reward amount per year/total block number per year) *50% 3. As a voter Assume that from the beginning of the first round of the voting cycle to the end of the second round, voter A, voter B, and voter C simultaneously participate in the voting, and the sum of votes is as follows:[/size][/font] The system will calculate the reward at the end of the second round of voting:
(Remarks: 40+50+50 refers to the sum of all valid votes at the end of the second round of voting cycle; 364 refers to the sum of blocks in the first round of voting cycles; 1.2683916 refers to the number of INT that voters will receive when each block is generated)
User A will get: 40/(40+50+50)*364*1.2683916=131.91273 INT
User B will get: 50/(40+50+50)*364*1.2683916=164.89091 INT
User C will get: 50/(40+50+50)*364*1.2683916=164.89091 INT
Note：1.2683916 INT = (total reward amount per year/total block number per year)*20%INT Chain Node Penalty MechanismIn order to ensure the stability of the network, we have determined the corresponding punishment mechanism. If a Thearchy Node did not generate any block during a consecutive 2184 blocks generation period, it would be automatically removed from the node list and disqualified from block generation in the current and next 24 rounds (about 24 hours). We will immediately launch a temporary election.INT Chain Thearchy Node Configuration RequirementsThearchy Node is required to own a strong performance server. Otherwise, the function of Thearchy Node cannot work, and the Thearchy Node will be automatically disqualified. For all Thearchy Nodes, the server configuration must meet at least the following specifications:FAQQ: What if I don’t have the technical skills to run a node, how does it work, what return can I expect, what support will INT give to me, etc.
A: Please refer to Annex 1 (INT Node Deployment Guide) to complete the configuration of the node running environment. If you just want to become a normal node (i.e. a candidate node), there is no need to have a dedicated server and the normal network environment will be fine. If you want to be a Thearchy Node, you must meet the INT Chain Thearchy Node configuration requirements. When a candidate node is listed in the top 100 list in each round of voting cycle and in the block generation period, it will become a reward node and obtain rewards.
Q: Will the elected Thearchy Nodes be able to share a portion (%) of their profits to their voters? If yes, will the Thearchy Nodes decide how often (daily, weekly, monthly, etc.) they distribute these rewards?
A: The INT team will spend 4 million INT per year as the reward to encourage community members to participate in the voting. Whether Thearchy Nodes share their profits or not depends on the Thearchy Nodes themselves.
Q: Is there a minimum time (lock-up) when mortgaging INT tokens? If yes, could you explain the impact on vote + profit sharing when un-mortgaging our tokens.
A: There is no lock-up period and users can unmortgage them at any time. Once unmortgaged, the corresponding number of votes will be canceled and so will the possible voting rewards.
Q: When running another node than Thearchy (Supernode for example), do you also need to store your tokens in the INT-wallet? If yes, can you run such a node (Supernode in our example) and vote at the same time for a Thearchy node? In that way you can generate double profits?
A: No need. Only when the user wants to participate in voting, INT must be stored in the INT wallet to mortgage and vote.Annex 1. INT Node Deployment GuidePreparation: Please register a new INT wallet address through the Web wallet, save the node address and the corresponding private key.
1.Start a peer node according to the GitHub tutorial (https://github.com/intfoundation/int).
2.Register a candidate node with INTjs code or RPC request (http://docs.intchain.io/intjs/#register>). If successful, you can find your INT node address in the node list page of block explorer.
3.Try to vote for yourself by using the web wallet to see whether it is successful or not.
4.Start a miner on the server by using your private key of the candidate node. Only starting the miner can a Thearchy Node generate the blocks.
Remark: After finishing the above process, the node address will be automatically updated to the node voting list on INT Web wallet and the node list on INT explorer.
5.Please fill out the Annex 2-Node Supplementary Information Form and send it to intfoundation@intchain.io. The supplementary information will be updated to the node list on INT explorer for people to learn more about the node.Annex 2. Node Supplementary Information FormAnnex 3. Wallet Vote GuideYou can find the vote section on INT Web wallet page, which includes mortgage, vote and unmortgage. You must mortgage INT before you can vote. Click here(https://medium.com/int-chain/thearchy-nodes-wanted-int-foundation-announces-node-plan-8fce2217f10a) to see the details. |
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INT-CHAIN (OP)
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January 11, 2019, 12:50:44 PM
Last edit: January 21, 2019, 06:31:30 AM by INT-CHAIN |
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Bi-Weekly Report Updated 2018/12/31-2019/01/11 2019 New Year Message Dear INT community members,
Greetings to you all!
“Time flies so fast, day by day left us.” We have ushered in New Year 2019. I'd like to extend my sincere New Year wishes to you all.
2018 has been a full year, and we approached it with steadfast determination.
This year, we advanced the main chain solidly, from the main chain 1.0 and 2.0 to testnet, we accomplished the development and improvement of the core design of INT Chain.
This year, INT Chain’s first use case product- INT’s Esurfing Blockchain Router, designed and developed in partnership with Zhejiang Telecom was produced and marketed. We made the first step in applying INT Chain to the real world.
This year, INT domestic and international community developed rapidly, reaching 108,701 members. I had in-depth communications and discussion with members from France, Germany, South Korea, Thailand, Singapore, China and other countries. I am grateful for your ongoing support and encouragement.
This year, we steadily pushed forward the INT globalized trading plan. INT was listed on OKEx, Bitfinex, FCoin, etc.
2019 will see both opportunities and challenges that will require us to stay true to the mission and continue moving forward bravely.
In 2019, INT team will make all efforts to upgrade the mainnet, encourage R&D of DApp, build global ecosystem and develop use case products.
Looking at the world, a boom and bust cycle occurs repeatedly in market. No matter what these changes bring, INT will remain resolute in our commitment to implement the vision of “Make a different world” and strive to push forward the technological progress to contribute to the blockchain’s development.
On this auspicious occasion of the New Year, let's embrace 2019 with confidence and anticipation!
Best wishes to you all. And best wishes to INT Chain.
Yin Xiangyu
Head of INT ChainR&D PROGRESS Current Progress1. Continuous technical perfection of INT main chain - Since the launch of the INT Chain testnet and related products on December 14, the team has been continuously collecting feedback from users on product experiences such as testnet, web wallet, explorer, and full-node wallet. In the meantime, the team discussed corresponding solutions. At present, all the problems in the testnet and related products have been solved. (100%)
- The relevant security audit work after the INT Chain joined the Slowmist Zone is still in an orderly process. The team highly values the problems raised by the community members in the bounty programme, and quickly proposed countermeasures and implementation plans. At this stage, all problems have been solved. The team will continue to pay attention to other problems that may occur in the bounty program. (100%)
- The technical team has completed the optimization of the tx and block broadcast process, simultaneously, a series of stress tests around the main chain have come to an end. (100%)
- The destructive testing and business testing on all rpc interfaces have been completed. Recently, the team has also improved several query interfaces. All work around the rpc interface is now complete. Next, the team will continue to complement and improve based on developer’s feedback and new business features. (100%)
- Concerning the main chain memory release issue, the technical team completed the storage optimization of temporary files and logs to further optimize the disk storage space and enhance the user experience; (85%)
- With respect to the impersonation problem in the P2P network, after the initial draft of a solution, the INT technical team conducted repeated evaluations and verifications on the solution ideas and methods. Finally, a complete and effective solution was confirmed after discussions on the technical details. (100%)
- At present, the preparation work of the INT mainnet launch has been started. The INT team is working day and night to sort out the relevant information and codes of the mainnet, in order to facilitate the user to remove some unnecessary logs. (70%)
- The revamp of the INT official website has been completed and relevant optimization work on content, layout and interface is complete. (100%)
2. INT wallet and blockchain explorer improvement - In response to the feedbacks from users, the INT team actively followed up and solved all the problems. The team will further improve the product according to the user feedback. (100%)
- The new blockchain explorer test and optimization work continued, and the technical team fixed several bugs. The relevant problems have been solved, and the team will continue to follow up to solve problems that may occur; (95%)
- The technical team carried out a series of fixing work on the full-node wallet after receiving the feedbacks of users, and new functions required have also been developed. Next, the team will continue to follow up the optimization of product features and usage. (98%)
Next Step Plan- Continue preparation work related to INT mainet launch.
- Continue to test and optimize the blockchain explorer.
- Continue to improve and optimize the full-node wallet.
BUSINESS COOPERATION Current Progress1. INT Esurfing Blockchain Router The whole system development and hardware testing of INT Esurfing Blockchain Router had been completed and the Router is running perfectly. The team is continuously monitering the running status. As the first use case product, INT Esurfing Blockchain Router has drawn great attention by INT global community. The first batch of pre-sale products had been produced and was delivered on January 1st. Now The operation platform of the router is live now. 2. Partial delivery of equipment for the prison project in Lishui, Zhejiang The equipment installing and commissioning for the prison project in Lishui, Zhejiang is progressing in an orderly manner. In response to the problem of equipment system operation scenario switching, after the technical team repeatedly adjusted and modified the parameters, some of the parameter ratios were finally determined, and the equipment commissioning work achieved initial results. For the operational status and performance of the delivered equipment, the technical members continue to follow up and test repeatedly to ensure that the equipment is running flawlessly. Up to now, 80% of the project funds have been received, and a small amount of equipment is still in tight commissioning. 3. Promotion of the passenger station smart IoT project in Quzhou, Zhejiang Previously, INT was invited to participate in the bidding for the smart IoT project of a passenger station in Quzhou, Zhejiang. With outstanding technical advantages and rich project application experience, INT was recognized by the project party and won the bid immediately. Recently, the results of the bidding have been publicized. The two parties are communicating in-depth on the specific details of the contract and discuss the application of technology. The INT team explains the underlying technical logic and implementation methods to the project party. Next Step Plan1. Follow-up on the use of INT Esurfing Blockchain Router Since the operation platform of the router was live, INT will continue to follow up and pay attention to the use of INT Esurfing Blockchain Router, solve the problems that users may encounter during the use, and further optimize the products for related problems. 2. Promotion of the passenger station smart IoT project in Quzhou, Zhejiang Recently, the result of the bidding was publicized, and INT became the technology supplier for the project. INT will conduct technical discussions and scenario analysis on some demands conveyed by the project party in the discussion, initially put forward technical ideas and make further communication with the project party in order to promote the unification of the two sides in technical cooperation. ACTIVITY OPERATIONS Current Progress1. Yin Xiangyu, the Head of INT China, attended 2018 Blockchain Meet-up in Beijing On December 28th, 2018, the Blockchain Meet-up was held in Beijing. Mr. Yin Xiangyu, the head of INT China, on behalf of INT, attended the event. The meet-up was organized by the well-known domestic media Nvxia blockchain and gathered the most credible project parties, representatives and investors to talk about the current market and solutions. During the meet-up, Mr.Yin Xiangyu was invited to share the current progress and future plan of INT, which aroused much attention from the present guests. When talking about how the blockchain project survives in such a market, Mr. Yin Xiangyu said: “To operate a project as a company, to develop a core product and business model that belongs to INT”. 2. INT attended the GBLS Global Blockchain Annual Ceremony On January 7th, Mr. Yin Xiangyu, the Head of INT China，was invited to attend the 2018 GBLS Global Blockchain Annual Ceremony held in Hangzhou. This ceremony was hosted by China’s well-known blockchain conference brand GBLS, and jointly participated by authoritative experts and scholars in the field of the blockchain, media and institutions. This ceremony was defined as the first event of blockchain industry with 1,000 industry giants, 2,000 media, and 3,000 companies. At the meeting, Mr. Yin Xiangyu conducted in-depth communication and discussions with industry experts from DApp development service providers, private cloud providers and public chain project parties about mainnet technology, applications, project experience of INT. Meanwhile, on behalf of Mr. Kong Huawei, Mr. Yin also received the annual blockchain art expert award from the conference. In the year of the blockchain industry's development, INT has always sought the best application of block technology in the field of Internet of Things with the deepest temperament, based on the present and looking into the future. 3. INT Chain corporate video was officially released On December 29, 2018, INT Chain corporate video was released on YouTube, Tencent, Iqiyi, Youku, and Tudou. This video briefly explains the advantages of INT blockchain technology in the development and application of the Internet of Things. It introduces the underlying technology, algorithm mechanism, R&D application and project cooperation of INT. The INT community is welcome to follow the official INT channels or watch and download the video via the links below. YouTube（ https://www.youtube.com/watch?v=TaFwHqqRYgc）Tencent（ https://v.qq.com/x/page/l0820nvecz6.html）iqiyi（ http://www.iqiyi.com/w_19s5f4diud.html）youku（ https://v.youku.com/v_show/id_XMzk4NzE5NTIyMA==.html?spm=a2h0k.11417342.soresults.dtitle）Tudou（ https://video.tudou.com/v/XMzk4NzE5NTIyMA==.html?spm=a2h0k.8191414.0.0&from=s1.8-1-1.2）4. Video of INT Chain Node Plan Preview On January 8, 2019, Dr. Xiang Ruofei, the chief scientist of INT, announced the time of the INT Chain node plan release in the form of video, and called on the community to actively participate in the node election. Dr. Xiang mentioned in the video that 2019 is a crucial year for INT Chain. INT will officially launch the mainnet in mid-to-late January and accelerate the construction of a new IoT ecological journey. In January, INT will start the election for the Thearchy nodes. Any individual or organization can participate in the election according to the guidelines or requirements of the node plan. The Thearchy nodes will be elected by the INT global community and become the partners of the INT official team to perfect the operation of INT Chain. 5. INT’s new official website was officially released On January 9th, the new official website was released. Considering the mainnet launch requirements and brand positioning and suggestions from community and experts, INT Chain revamped the official website, redesigning the overall style, interface, functions, etc. The new website includes more sections such as explorer, wallet, application, team and Dev. community. The upgraded website provides a brand-new platform to broadcast INT project and make community better understand INT Chain and better engage in the building of INT global IoT ecosystem especially with the approaching of mainnet and node election. 6. INT Chain Thearchy Node Plan was officially released On January 10th, the INT Chain Thearchy node plan was officially released globally. The plan includes the node plan ecological blueprint, incentives, penalty mechanism, election details, node configuration, vote guide and other information. Individuals and organizations interested in participating can start deployment and prepare for the election based on the guidelines and requirements of the node plan. The basis for Thearchy Node generation is the INT consensus algorithm - DPoS+dBFT, which realize high TPS while ensuring the fairness of node election. INT Chain "Thearchy Node" will be generated by the community voting and there will be 13 Thearchy Nodes. The INT Foundation will officially launch the Thearchy Node election at the time of mainnet launch. By then 13 Thearchy Nodes will jointly build the INT Chain global ecosystem. the INT team expects to spend 20 million INT per year as node rewards by 2023. Welcome INT Community members to actively participate in the election of the Thearchy nodes, to become candidates for the Thearchy nodes or to vote for the candidates. Next Step Plan1. INT Chain second AMA concerning node plan INT Chain's first online AMA (Ask Me Anything) was successfully held, INT has constantly received many questions from community members. Since the node plan is released INT plans to hold the second AMA in the INT Chain Offical telegram channel at 17:30 on January 12th. Join link: https://t.me/INTChainOfficialThis AMA will also invite Dr. Xiang Ruofei, the chief scientist of INT, to answer questions to the node plan from the community. We sincerely invite technical enthusiasts and community members to actively submit questions and have a discussion with Dr. Xiang Ruofei on node plan. 2. INT Chain mainnet launch related work At present, the team has started to prepare for the mainnet launch, including a series of marketing activities, DApp development materials based on the mainnet, and the Thearchy Node plan election. INT team hopes all community members to actively keep track of the announcements related to the mainnet launch and actively participate in the development and application of the INT mainnet. |
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January 13, 2019, 08:27:01 AM |
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INT Chain AMA(Jan. 12th) Summary Q1: Anyone know what amount of INT would currently get you into the top 100? In order to get non Thearchy rewards do you need to run a node as in always have your computer on or use VPS? Or can it be like NEO and you just need to hold your INT in a wallet in order to be able to vote?
A1: How to get you into the top 100 depends on the number of votes rather than the holdings of INT. After you successfully register as a candidate node, you will be added to the node list and need not to continuously run the node. As long as someone continues to vote for this node, you could become a reward node (not a Thearchy node) based on the number of votes.
Q2: Will it be displayed how many people are voting for each node in terms of sharing ratio?
A2: All voting information is stored in the block. Users can check it on the explorer. In future we will improve the data visualization for users to conveniently view the information.
Q3: If I don’t change the next hour then my vote remains in place and continues? In that case would I keep the int mortgaged the whole time?
A3: Yes, you are right.
Q4: Can one not mortgage 100 INT and select yourself as one of the 20 nodes?
A4: You can vote for yourself, but no matter who you vote for, you have to mortgage your INT first.
Q5: To get the votes from other people. Do they create articles? advertisement? community based in telegram? mouth to mouth?
A5: This depends on the candidate node.
Q6: Can the mortgage be used for other purposes than voting as well?
A6: At present, the mortgage is only for the purpose of voting.
Q7: Will every TheArchy node generate the same number of blocks?
A7: In a voting cycle, the blocks are generated by 13 Thearchy nodes in turn. In theory, if all 13 nodes can normally generate blocks, they should generate the same number of blocks.
Q8: how are you gonna deal with chain size data? how much gb are you expecting int blockchain to store per day? could china firewall cause congestion problems with foreign nodes?
A8: We have set the limit of block and tx. How much data is generated each day depends on the transactions on the chain. China’s firewall has a certain impact on network connectivity, but we have made corresponding adjustments on our P2P protocol. Currently congestion has not occurred in the heterogeneous network.
Q9: Will all candidate nodes, regardless of reward/Thearchy status, require a static IP?
A9: Frequent IP change will affect the connectivity of the node. It is recommended to choose static IP.
Q10: What is the minimum broadband requirement for running a candidate node in the top 100 that’s not Thearchy? Would a typical home broadband connection be accepted?
A10: A typical home broadband connection is enough to be the top 100 candidate nodes except for Thearchy Nodes.
Q11: “There is no lock-up period and users can unmortgage them at any time.” What’s stopping a user from trading their INT tokens daily, and only mortgage in their tokens during the round of voting and reward snapshot, then un-mortgage them again for trading?
A11: Once a block is generated, the system will record the rewards in real time. All rewards will be issued by the system within 7 working days.
Once a voter cancels the votes for trade, it will not affect the rewards before the cancel but affect the rewards after the cancel.
Q12: “If a Thearchy Node did not generate any block during a consecutive 2160 blocks generation period, it would be automatically removed from the node list and disqualified from block generation in the current and next 24 rounds (about 24 hours). We will immediately launch a temporary election.”
How will this election be carried out?
A12: This temporary election will start after the current round of voting.
Q13: Could you confirm that the first 13 Thearchy Nodes will be controlled by INT?
A13: At the beginning of the node election, there will be 13 Genesis Thearchy nodes. Once the votes of an eligible candidate node exceed any Genesis Thearchy node, it will become a new Thearchy node. The previous Genesis Thearchy node will be replaced.
Q14: Can the number of Reward nodes be extended over the Top 100 in the future as the number of Thearchy Nodes increases?
A14: The future node plan will be updated according to the performance of the main chain and the development of the community. The number of Thearchy nodes and reward nodes would be changed by then, and the specific timing and quantity depend on the actual situation of the main chain and the community.
Q15: Could you set-up a cap (limit) to the number of votes one can use for him-self? Especially for the Thearchy Nodes.
A15: There is no limitation.
Q16: Could you confirm that, in one INT wallet, when voting for other candidates the INT ratio is 1 INT = “x” votes. With “x” being the number of candidates, up to 20. Also, every INT used to vote for our-selves has a 1:1 ratio, meaning once used for us it can not be used for anyone else?
A16: 1 INT equals 1 vote. 1 vote shall be given to 20 different candidate nodes at most. I will give an example for you to better understand it. If your wallet contains 30 INT, you can mortgage them and earn 30 votes. These 30 votes can be given to 20 different candidate nodes at most. Each node will win 30 votes and you can just vote once for each candidate node. In addition, these 30 votes cannot be divided.
Q17: Will the first Thearchy Nodes share their rewards with their voters? If so what % do you have in mind?
A17: Whether or not the first Thearchy Nodes and all the subsequent Thearchy Nodes will share their rewards is determined by the Thearchy Nodes. We can’t estimate it.
Q18: Would you be able to run multiple Thearchy nodes? If so, might that create an unwanted situation?
A18: Thearchy nodes require high hardware configuration and votes. If you have the strength, you can run multiple Thearchy nodes.
Q19:Can we use VPS for nodes or do we need to run it on our own hardware?
A19: You can use a VPS or a physical server.
Q20: Does faster hardware and Internet connection lead to higher rewards?
A20: No. In theory, as long as the Thearchy nodes can generate blocks in turns, the reward is the same.
Q21: Does a Reward/Super Node ranked #20 Get the same payout as a node ranked #80?
A21: Not the same. The specific reward depends on the ratio of votes obtained in each round of voting to the total votes of the top 100 candidate nodes.
Q22: Does top100 get part of the 20% “voting node” rewards as well?
A22: 20% pool reward are distributed by the INT Foundation to all voters, regardless of whether it is the top 100 candidate nodes.
Q23: How do you plan to avoid the emergence of cartel, like Lisk and Eos ?Also, can one single entity have various Terarchy nodes ? That would be an issue.
A23: The design of 1 vote to up to 20 candidate nodes is to prevent the emergence of cartel, like Lisk and Eos.
Except for the INT in the exchanges that cannot be voted currently, we now have more than 80,000 wallet address users. We believe that these users will rationally vote for the candidate nodes with complete information disclosure, great network configuration, and normal function of bookkeeping and block generation.
Q24: As described in the Incentive Details, “for each block, the Thearchy Node will receive 1.9025874 INT.” Should this amount be distributed among the 13 Thearchy nodes? If yes, how would it this be? Equally, depending on performance features or anything else (ranking,…)?
A24: It won’t be distributed among the 13 Thearchy nodes. The reward belong to the Thearchy node who generated the block.
Q25: When a node receives INT rewards, can we choose which wallet the reward goes to?
A25: At present, the system will automatically grant the reward to the node address (namely the wallet address) instead of other addresses. |
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January 14, 2019, 02:44:23 AM
Last edit: January 17, 2019, 06:38:10 AM by INT-CHAIN |
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INT Mainnet | Around the World INT Mainnet launch is around the corner, and we’d like to invite you to take a photo or shoot a video to express your thoughts and wishes for this milestone in our blockchain journey. We will deliver a mainnet launch gift of 200 INT to all participants.
We sincerely appreciate your trust and support in INT Chain. In 2019, we hope the INT community will continue to stand together with us to make INT better known and a leading IoT blockchain in the world.
Requirements:
1. The photo or video should be taken at a well-known or recognizable landmark in your city, and contain an object (poster, board, etc.) displaying the sentence “January 16, 2019 | INT Mainnet Launch” (printed, painted, written, etc.). It would be great to see your creative skills and imagination in the design!
The top 3 designs selected by the INT team will obtain an extra 300 INT.
2. The photo or video must be tweeted from a Twitter account. The tweet must begin with:
“#INTWorld @INTCHAIN I’m at ****** in*****, …….” and can include your own personal words after.
e.g. #INTWorld @INTCHAIN I’m at the West Lake in Hangzhou China. I am thrilled that INT mainnet will be released soon!”
3. Submit the screenshot and link of the tweet and wallet address via link(see medium) before 17:00 Jan 18, 2019 (GMT+8).
Note:
1. The screenshot must be authentic, and a Twitter account can participate only once as well as a wallet address. The reward will be waived automatically if the submitted information is incorrect.
2. The submission link will be closed at 17:00 Jan 18, 2019 (GMT+8).
3. The reward will be granted within 7 working days as of the submission deadline.
4. INT reserves the right of final explanation for the contest.
We look forward to your participation! |
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January 14, 2019, 02:48:17 AM
Last edit: January 17, 2019, 06:39:07 AM by INT-CHAIN |
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3DAYS LEFT FOR INT MAINNET |
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January 15, 2019, 07:52:42 AM |
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January 16, 2019, 11:00:50 AM |
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Head of INT China Yin Xiangyu Announces Mainnet Launch |
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January 16, 2019, 11:05:07 AM |
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INT Chain Mainnet Launch Dear INT Community, All good things are worth waiting for and worth fighting for. Finally, our hard work over the past year and a half is now bearing fruits. The long-awaited global launch of INT Chain mainnet arrives at 18:30 (GMT+8) on Jan 16th, 2019. This moment will be an indelible mark in the history of INT Chain development. However, this is not the ending of the development of INT Chain but the beginning of INT Chain’s greater challenges and long-term development. From now on, all global community developers, community members and Thearchy Nodes can truly participate in the construction of our IoT ecosystem. Together, we will open a new era of IoT blockchain and realize the vision of “Make a different world”. At the same time, INT team starts the token swap and node election and releases the official version of mainnet-related products. Related important information is published as follows: 1. MainnetCompared with the testnet released on December 14, the INT team upgraded the network in the following aspects: 1)Greatly improved the connectivity rate of bdt-p2p in heterogeneous networks and the stability of INT Chain 2)Adjusted the broadcasting process of transactions and blocks, improving the network performance 3)Improve the process of election and rewards which is beneficial for the stability and security of the network 4)For the smart contract part, added the lock function, optimized the design pattern of token 5)Adopted suggestions from community members, fixing several bugs and optimizing some functions After the INT Chain mainnet launch, the previous testnet and test coin will still exist, which is convenient for developers to develop and conduct testing. But the test coin has nothing to do with the mainnet. Mainnet GitHub Link: https://github.com/intfoundation/int2. Node electionAccording to the node plan released, the node election is also started at the time of mainnet launch. In the initial stage of mainnet launch, considering the security of the mainnet, the INT team will initiate the first 13 Genesis Thearchy Nodes to generate blocks. All individuals or organizations interested in becoming a Thearchy Node should register according to the “INT Node Deployment Guide”. As long as the registration is completed, they are regarded as a candidate node. The top 13 candidate nodes are Thearchy Nodes who are responsible for generating blocks in the next round of voting and obtain block reward, transaction fee and rewards issued by the INT Chain Foundation. For detailed node plan, please click https://medium.com/int-chain/thearchy-nodes-wanted-int-foundation-announces-node-plan-8fce2217f10a3. Token swapCurrently, the tokens that INT investors hold to trade are ERC20 tokens, which are based on the Ethereum network. Now, as we move to our independent mainnet, we begin exchanging the ERC20 INT tokens to INT Mainnet Coin, a native coin for the INT Chain Mainnet. INT investors are now able to swap their ERC20 INT for the INT Mainnet Coin at INT Web wallet or any of the participating exchanges. For token swap guide or further information, please click https://medium.com/int-chain/int-token-swap-announcement-48f9b466018b4. Web walletBased on the community feedback on the Web wallet of the testnet, the INT R&D team optimized several functions and fixed several bugs, added functions related to issuance of token with one-click on the INT Chain, improving the security and user experience of the wallet. Users can use the Web wallet to create a wallet, view wallet information, transfer INT and INT Chain-based token, swap token and vote for nodes (mortgage, voting and unmortgage), etc. INT wallet guide: https://wallet.intchain.io/help.html?lan=enINT wallet link: https://wallet.intchain.io/?lan=en5. Full-node walletThe INT team optimized some existing functions and the interface of the full-node wallet, added the function of wallet import, adjusted the storage structure of data directory and improved the performance of the wallet. The full-node wallet can synchronize all block data, and provides related business functions such as transfer, voting, etc. Both Mac and Windows versions are currently available. If you are a developer, you can also do development work based on RPC interface provided by the full-node wallet. INT full-node wallet link: https://github.com/intfoundation/int-wallet/releases6. ExplorerBased on the opinions of community members, the explorer has been upgraded accordingly with the fixing of bugs and improvement of user experience. Users can view all the details of Block, Transaction, Address, Token on the INT Chain and node plan easily on INT explorer and track the latest Node list. INT explorer guide： https://explorer.intchain.io/static/help/en.pdfINT explorer link： https://explorer.intchain.io/Our commitment to implement the vision of “Make a different world” could be compared to a journey of chasing dream. We are very fortunate and grateful to have you join us on this journey. With your support, we are more motivated to move forward and overcome difficulties and obstacles. With your support, we will have a stronger fighting spirit in this bear market. Starting from today, we truly join hands in the brand-new journey. We believe that by working together we will fulfill our dream. We chase dreams and succeed by doing. |
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January 16, 2019, 11:17:44 AM |
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INT Token Swap Announcement Dear INT Community,
We are excited to announce that INT Chain’s Token Swap is right around the corner! This guide is to help everyone understand about some important dates, processes and information that might be helpful. Thank you all for your patience and support through this process.
What is Called Token Swap
Currently, the tokens that INT investors hold to trade are ERC20 tokens, which are based on the Ethereum network. Now, as we move to our independent mainnet, we begin exchanging the ERC20 INT tokens to INT Mainnet Coin, a native coin for the INT Mainnet. INT investors are now able to swap their ERC20 INT for the INT Mainnet Coin at INT Web wallet or any of the participating exchanges.
Token Swap Schedule
Start simultaneously with mainnet launch (long-term effective). There will be an announcement for any changes.
Token Swap Process
This will be a 1:1 swap (1 ERC20 INT = 1 Mainnet INT), which will not impact any INT supporters’ balance. Please be aware that it is irreversible once you finish the token swap.
*Important Notice
1.All the units of ERC20 INT can be mapped. 10–18 is the smallest unit supported.
2.During the process of token swap through INT web wallet, the system automatically shows the INT balance in the ETH wallet after entering the private key. All of the balance will be mapped once, which cannot be manually changed.
3.There may be SCAM attempts during token swap. Never send your INT to an individual wallet for the token swap process.
4.ERC20 INT tokens that have been swapped will be burned and will no longer be used. The burned ERC20 tokens will not be in the total circulation amount.
5.Please keep in mind that in order to vote in the INT Thearchy Node Elections, you must transfer your INC to the INT Wallet and mortgage them to vote.
6.After the Token Swap, the system will distribute the user INT Mainnet Coin in the INT wallet address within a certain period of time.Token Swap Methods: (Exchanges and Wallets)
The Token Swap will be implemented through the exchanges that we are listed on and our INT Web wallet.If you choose to swap through exchanges, the exchanges will help you complete. For more details, please refer to the official notices released by exchanges.Wallet Address:https://wallet.intchain.io/?lan=en1. Click on Mapping in the navigation bar.
2. Enter the private key of ETH wallet that needs to be mapped. The ETH wallet address and INT balance will be displayed automatically.
3. Enter the private key of INT mainnet wallet that has been created;(the wallet address will be displayed automatically.)
4. The mapping consumes a very small amount of ETH as gas fee. Please make sure that the ETH wallet address used for mapping contains sufficient ETH. The gas price and limit can be modified as needed.
5. Click on mapping.6. Confirm the above information. Cancel if there is an error; confirm if it is correct.7. This page shows operation success, and you can click on the URL to check whether the mapping is successful. Under normal circumstances, all can be successful. Or check whether there is the same amount of INT in the mapped INT wallet address after the token swap.If you have additional questions regarding the token swap, please submit your questions to email: intwallet@intchain.io
Please complete the token swap for your convenience and pay attention to our updated information.
Thank you sincerely for your support.
INT Team
Jan. 16, 2019 |
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January 17, 2019, 06:14:36 AM |
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INT Chain Genesis block has been generated successfully! |
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January 17, 2019, 06:18:22 AM |
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INT Token Swap Announcement Dear INT Community,
We are excited to announce that INT Chain’s Token Swap is right around the corner! This guide is to help everyone understand about some important dates, processes and information that might be helpful. Thank you all for your patience and support through this process.
What is Called Token Swap
Currently, the tokens that INT investors hold to trade are ERC20 tokens, which are based on the Ethereum network. Now, as we move to our independent mainnet, we begin exchanging the ERC20 INT tokens to INT Mainnet Coin, a native coin for the INT Mainnet. INT investors are now able to swap their ERC20 INT for the INT Mainnet Coin at INT Web wallet or any of the participating exchanges.
Token Swap Schedule
Start simultaneously with mainnet launch (long-term effective). There will be an announcement for any changes.
Token Swap Process
This will be a 1:1 swap (1 ERC20 INT = 1 Mainnet INT), which will not impact any INT supporters’ balance. Please be aware that it is irreversible once you finish the token swap.
*Important Notice
1.All the units of ERC20 INT can be mapped. 10–18 is the smallest unit supported.
2.During the process of token swap through INT web wallet, the system automatically shows the INT balance in the ETH wallet after entering the private key. All of the balance will be mapped once, which cannot be manually changed.
3.There may be SCAM attempts during token swap. Never send your INT to an individual wallet for the token swap process.
4.ERC20 INT tokens that have been swapped will be burned and will no longer be used. The burned ERC20 tokens will not be in the total circulation amount.
5.Please keep in mind that in order to vote in the INT Thearchy Node Elections, you must transfer your INC to the INT Wallet and mortgage them to vote.
6.After the Token Swap, the system will distribute the user INT Mainnet Coin in the INT wallet address within a certain period of time.Token Swap Methods: (Exchanges and Wallets)
The Token Swap will be implemented through the exchanges that we are listed on and our INT Web wallet.If you choose to swap through exchanges, the exchanges will help you complete. For more details, please refer to the official notices released by exchanges.Wallet Address:https://wallet.intchain.io/?lan=en1. Click on Mapping in the navigation bar.
2. Enter the private key of ETH wallet that needs to be mapped. The ETH wallet address and INT balance will be displayed automatically.
3. Enter the private key of INT mainnet wallet that has been created;(the wallet address will be displayed automatically.)
4. The mapping consumes a very small amount of ETH as gas fee. Please make sure that the ETH wallet address used for mapping contains sufficient ETH. The gas price and limit can be modified as needed.
5. Click on mapping.6. Confirm the above information. Cancel if there is an error; confirm if it is correct.7. This page shows operation success, and you can click on the URL to check whether the mapping is successful. Under normal circumstances, all can be successful. Or check whether there is the same amount of INT in the mapped INT wallet address after the token swap.If you have additional questions regarding the token swap, please submit your questions to email: intwallet@intchain.io
Please complete the token swap for your convenience and pay attention to our updated information.
Thank you sincerely for your support.
INT Team
Jan. 16, 2019Clarification on Token Swap Generally, there are three options for token swap:
1.Burn after a general transaction: Use your Ethereum wallet to initiate a transaction on the token swap page. You need to enter your private key to prove that the INT in the Ethereum wallet belongs to you. INT will not save your Ethereum private key, please rest assured. (INT Chain adopts this method)
2.Token burn after transferring token to a black hole address: for this method, the blockchain project cannot verify your identity, that is, can’t identify your newly created INT wallet. So we are not able to send the new INT mainnet coin to your INT Wallet. (INT Chain does not adopt this method)
3.Provide a recycling Ethereum wallet address: In such case, errors may occur when users enter the recycling address, resulting in the loss of coins. Also, INT team can’t identify your newly created INT wallet and are not able to send the new INT mainnet coin to your INT Wallet. (INT Chain does not adopt this method)
After the token swap, you can’t view the new INT mainnet coins in your newly-created INT wallet temporarily. The coins will be sent out to you automatically after a short period of systematic review.
If you still have doubts, you can create a new MEW wallet with a small amount of ETH as gas and then transfer all INT to your newly created MEW wallet.
There is no deadline for the token swap unless INT Chain releases an announcement on the deadline in future. At present, the exchange has paused the withdrawals and deposits of INT. Once withdrawals and deposits are available, only the new INT mainnet coins can be traded, deposited or withdrew instead of ERC 20 INT tokens. |
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January 17, 2019, 09:08:12 AM |
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INT is excited to join the BlockfolioSignal. Keep up to date with the latest news of INT Chain on Blockfolio. |
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January 25, 2019, 09:36:08 AM |
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Bi-Weekly Report Updated 2019/01/14-2019/01/25 R&D PROGRESS Current Progress1. Continuous technical perfection of INT main chain - Up to now, the team has completed the launch of the INT Chain mainnet and the corresponding testnet. (100%)
- Since the launch of mainnet, the INT team has been following up the feedback of technical community members, helping users complete the node deployment work, resolving the difficulties encountered, and providing technical support and other services for the related APIs. (30%)
- The team is currently cleaning up the mainnet related codes and optimizing the logs and comments. (50%)
2. INT wallet and blockchain explorer improvement - After solving the problems related to the testnet Web wallet, INT team released the mainnet Web wallet, collected feedback from users in using the Web wallet and continued the optimization.
- INT team released the mainnet explorer, followed up the usage of community members and continued the improvement.
- INT team released the full-node wallet and continued the improvement of production function and user experience.
- The token swap and node election has been launched. The R&D team followed up and solved the problems users encountered.
Next Step Plan- Continue to follow up the feedback from the community members and help them deploy nodes and use related APIs.
- Continue to clean up the mainnet related codes and optimize the logs and comments.
- Continue to fix the bugs reported in the Slowmist Zone.
- Continue to optimize the Web wallet, explorer and full-node wallet.
- Continue to improve the token swap function and node plan.
BUSINESS COOPERATION Current Progress1. INT Esurfing Blockchain Router After the whole system development and hardware testing of INT Esurfing Blockchain Router have been completed, the first phase of the systematical online work of the router has also successfully come to an end. As the first batch of router products are sent to our consumers, INT Esurfing Blockchain Router operation platform has also begun to use. At present, the INT team continues to follow up and monitor the problems in the use of the operating platform, and continuously collects information on user feedback as the basis for the next phase of development work and support. The team is conducting a detailed and comprehensive discussion on the development plan of the second phase, aiming to bring a better product experience and a more efficient and convenient life for INT users. 2. Promoting the delivery of equipment for the prison project in Lishui, Zhejiang Since part of the equipment for the prison project in Lishui, Zhejiang has been delivered, the INT team gradually solved the problem of system operation scene switching in equipment commissioning, completed the repeated adjustment and modification of technical parameters and the testing of some installed equipment. Up to now, the delivery of the project equipment is nearing completion, 90% of the project funds have been received, and a small amount of equipment is being commissioned and delivered. 3. Promotion of the passenger station smart IoT project in Quzhou, Zhejiang After winning the bid of the passenger station smart IoT project in Quzhou, Zhejiang, the INT team actively engaged in in-depth exchanges and discussions with the project party on the cooperation issues, and clarified the ideas and consistency of the two parties in terms of technical implementation ideas, project development framework, and specific implementation methods. Recently, the two parties are negotiating on the specific terms of the contract, which will officially enter the contract process once it is finalized. At the same time, the INT team will start the project preparation work, paving the way for the cooperation between the two parties. Next Step Plan1. Follow-up on the INT Esurfing Blockchain Router project The terminal operation platform of INT Esurfing Blockchain Router has begun to use. The INT team continues to follow up and collect questions from users. Next, the team will continue to conduct technical research and discussion around these problems, providing a basis and framework for the second phase of product development optimization. 2. Promotion of the passenger station smart IoT project in Quzhou, Zhejiang Previously, INT was invited to participate in the bidding of the passenger station smart IoT project in Quzhou, Zhejiang, and became the technology supplier for the project. Currently, the two parties are negotiating on specific terms of the contract. INT will actively carry out in-depth communication with the project side on the implementation of the underlying technical logic and implementation ideas of the project, start the project preparation work and formulate the project implementation plan. ACTIVITY OPERATIONS Current Progress1. INT Chain mainnet was officially launched on January 16 After the development over one year and a half, at 18:30 on January 16, 2019, INT Chain mainnet was officially launched. This does not mean the end of INT Chain development, but the beginning of INT Chain's future challenges and long-term development. Since then, global community developers, community members and the Thearchy nodes can truly join and participate in the construction of the INT Chain IoT ecosystem, working together to open a new era of IoT blockchain, and jointly realize the vision of making a different world. On that day, Mr. Yin Xiangyu, the Head of INT China, announced the mainnet launch and delivered a speech to the global community through a video. Mr. Yin Xiangyu said that IoT world is coming faster and faster, we hope to provide a widely applicable IoT blockchain solution, making IoT world safer, more effective and better privacy protection. At the same time, Mr. Yin Xiangyu expressed his gratitude to all of the global community members and confidence in working together to build the Internet of Things: "With your support, we are more motivated to move forward and overcome difficulties and obstacles. With your support, we will have a stronger fighting spirit in this bear market." 2. INT Chain second AMA on node plan was successfully held Since the first AMA of INT Chain was well recognized by the community members, INT Chain launched the second AMA in the official telegram channel regarding the node plan at 17:30 on January 12. This AMA still invited INT Chief Scientist Dr. Xiang Ruofei to answer the questions from INT community. During the AMA, Dr. Xiang Ruofei answered the questions via voice messages which was greatly praised by the members. 3. INT Chain Thearchy node election officially started According to the node plan released by INT Chain, the node election was simultaneously started with the mainnet. In this node election, each individual or organization with intentions can register based on the INT Node Deployment Guide, and are considered as candidate nodes once registration is completed. The Thearchy node will be generated by community voting and the top 13 nodes will be the Thearchy nodes, responsible for generating blocks in the next round of voting, and get the block reward, transaction fee and INT’s reward. Up to now, 99 candidate nodes have been registered, and some nodes have canvassed in the community. Welcome all of INT Global Community members to actively participate in the election of the Thearchy nodes to become a candidate node or participate in the voting, winning the INT reward. 4. INT Chain token swap was officially launched With the INT Chain mainnet launch, the INT token swap has also been officially launched. Currently, the tokens that INT investors hold to trade are ERC20 tokens, which are based on the Ethereum network. Now, all the ERC20 INT tokens will be swapped to INT Mainnet Coin, a native coin for the INT Mainnet. INT investors are able to swap ERC20 INT for the INT Mainnet Coin at INT Web wallet or any of the participating exchanges. This is a 1:1 swap (1 ERC20 INT = 1 Mainnet INT) and long-term effective(INT will release an announcement for any changes). At present, the token swap through the INT Web wallet is in progress, and INT investors have successively received the INT mainnet coin. The exchanges are also carrying out the corresponding token swap. For more details, please refer to the official notices released by exchanges. After the exchange restarts deposits and withdrawals, only the INT mainnet coin can be traded. Investors who have not yet finished INT token swap in the ETH wallet may swap as appropriate for trading. For more information on INT token swap, you can click on this link to view it. 5. INT was invited to participate in the first Hangzhou blockchain meet-up Recently, the INT team was invited to participate in the first Hangzhou blockchain meet-up, hosted by bbNews, and jointly organized by Bitrise Capital and Canaan Blockchain. This meet-up was hosted by the blockchain celebrity, one-stop exchange service provider CHAINUP chain Sun Yujie, and invited the practitioners of the blockchain, including blockchain industry investors, project parties, media to discuss new directions for the development of the industry in the new year. The attendance of the meet-up was the first offline activity after the INT mainnet launch. At the meeting, the INT team shared the INT Chain mainnet operation, the node election and the subsequent ecological construction plan, inviting all the partners to participate in the global ecological construction of INT Chain. 6. INT Chain mainnet launch activity On January 13th, INT released the activity of “Around the world” on Twitter, requiring participants to take a photo or shoot a video containing an object (poster, board, etc.) displaying the sentence “January 16, 2019 | INT Mainnet Launch” (printed, painted, written, etc.). and post a tweet with the hashtag of #INTWorld. INT received photos and blessings from Budapest Hungary, Okinawa Japan, Colmar France, Ludwigsburg Germany, Leuven Belgium, and Chinese Taipei. Currently, the event has concluded and the reward will be issued within 7 working days. 7. INT mainnet launch domestic activity To celebrate the mainnet launch, INT held a WeChat friend promotion event. Participants in activities shared a link in WeChat Moments or with friends. According to the final ranking, the first place can win iPhone Max for free, other participants can share 100,000 candy together. Next Step Plan1. INT Spring Festival activity The Chinese Spring Festival is approaching, and we sincerely invite all of the community members to actively participate in the activities of the Spring Festival, and build a better community ecological environment with INT. |
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