CCHN Project Processed Weekly Newsletter 12/01

CCHN Project Processed Weekly Newsletter

12/01–12/07

Welcome to read the 22nd Weekly Publication of CCHN Project Progress（01/12–07/12）Celes Chain as the first DPoW financial organized public chain uses the consensus mechanism 3.0. This public chain creates a chance for the financial institutions to innovate their financial applications on the chain.

Technological Progress

1.Modification of Major Network DBP Function

1.1We complete the change of multi-signature contract, and change the original multi-signature from ABP to joint multi-signature by ABP and DBP.

1.2The generation logic of DBP is being completed.

2.Security of Main Network

Organizing and submitting Celesos’s patent to produce random numbers.

The random number algorithm can ensure the safe generation of random numbers, also does not need to introduce a “trusted third party”, so that a “safe” random number can be generated by the memory operation of the block producer, and other verification nodes can verify the blocking behavior of the block producer to prevent the block producer from cheating.

3.Relevant Process of Main Network Startup

The authoring tool generates a snapshot of ERC 20. CCHN currency

The main web developer’s documents are being sorted out

The function of the Testnet Faucet has already achieved 10 %.

4.Application of DAPP-dochat

Ranking: shows the balance ranking of the top 200 EOS main network accounts;

Personality card: the identity symbol of blockchain account. Supporting the display of nickname, gender, region and personality signature blockchain account name and account balance;

DO: The communication between accounts in blockchain can send DO messages to anyone in any account. If the two sides complete mutual DO, they can chat with each other in words and expressions.

IM: Management of IM — related information, which supports the display of nickname, gender, region and personality signature, and safe mailbox management binding, which including binding account, modify permissions and other related settings.

Assessment Progress

Celes added a new overseas assessment agency this week: icopulse

At present, there are two websites of overseas evaluation organizations, which are PRIMEICO and ICODROPS. These two websites put Celes Chain on the front page to attract many overseas users.

By the time of publication, Celes had been favored by 42 well-known assessment agencies at home and abroad. The American rating agency TrackICO scored 5 points out of 5 and the ICLINK scored as high as 4.98.

Celes has aroused enthusiastic response from the overseas communities. The organizations that assess Celes conduct comprehensive and multi-angle professional assessments in terms of projects, teams, technologies, white papers, official websites, social media, number and activity of telegraph groups, and CCHN information.

CCHN Newsletter

Participated in Microsoft Accelerator • VC Day Road Show in Shanghai

On December 5, 2018, the CelesOS team attended Microsoft Accelerator • VC Day Road Show in Shanghai, and Michael Yeung, chief scientist of CelesOS, participated in the Road Show.

Microsoft accelerator is Microsoft’s project to explore potential startups around the world. The entering of the competition of Microsoft Accelerator is regarded “as hard as entering Harvard”, and every company selected is a startup that performs extremely well in each segment of the competition!

As early as August 23, 2018, CelesOS stood out from thousands of candidates and was successfully selected as the fourth phase of Microsoft Accelerator in Shanghai. In the field of blockchain, Microsoft Accelerators has enrolled three in total, CelesOS being the first to make the list.

The Microsoft Accelerator Shanghai VC Day Road Show was held at 192 Tianlin Road, Xuhui District, Shanghai. First, James Chou, CEO of Microsoft Accelerator, made an introduction.

Then, Michael Yeung, chief scientist of CelesOS, participated in the road show and discussed with the guests on the spot. Michael Yeung said that CelesOS will rely on Microsoft’s global ecological platform to accelerate the development of Microsoft’s ecology in all directions.

CelesOS is a new generation of blockchain operating system, which integrats cross-chain technology, DPoW consensus mechanism, legal compliance framework and other latest blockchain technologies, and aiming at increasing mutual trust between institutions, reducing compliance costs and improving efficiency.

After entering accelerator, CelesOS will connect with various customer resources of Microsoft. Microsoft accelerator will provide continuous technical, market, PR and other resources to support CelesOS. At the same time, it will effectively promote the application of CelesOS’s blockchain operating system, public blockchain, consortium blockchain, cross-chain and other aspects in combination with Microsoft Azure cloud technology.

Joining Microsoft accelerator in Shanghai will accelerate the successful development of blockchain industry with the help of Microsoft’s advanced technology and resources of Microsoft in blockchain, technology and other fields.

The team members of CelesOS have educational background at top universities such as Tsinghua University, Peking University, UC Berkeley, MIT, and Virginia Tech, and come from well-known companies such as, China Development Bank, CICC, Tencent, Huawei, etc before joining CelesOS.

The team is very familiar with and proficient in the financial industry and financial supervision, and forms a gold team combining finance, supervision and blockchain technology.

Celes would like to thank every follower for your support and love for Celes. Welcome to follow us and we will continue to broadcast more informative news about Celes. Let us witness the reform of the blockchain together.