Weekly Development Update 18 Jul to 22 Jul

Jul 23, 2022


Kick off Hcash V2.0 Development planning
Goals: construct higher dynamic TPS than other main network while still preserving security

1. Consensus mechanism design
2. Block compression algorithm
3. P2P acceleration
4. High efficiency storage engine
5. Smart contract engine
6. Layer2 Roll-up multi-chain system.

HCash V2.0 progress:
1. Consensus mechanism V1 is submitted to test
2. Block compression technology in development
3. Smart contract EVM compatible development
4. Layer2 multi-chain system design




The New Standard of Value