Weekly Development Update 27 Jun to 1 July

Hcash
Jul 1, 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 in development
2. Block compression technology in development

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