MDUKEY Monthly Report (July)

5 min readAug 3, 2020

Overview of this month:

Core technology progress: update iterations in chain technology, SDK, MOBOX and related technologies

MDUKEY ecological development: “price guarantee mechanism” is in progress; details of InfStones, HelloPool and other nodes are announced

Traffic 2.0 market related: The third phase of MDU 399BLOCK has been recruited

Traffic 2.0 brand related: Binance Block 101 AMA, community article release

Since July, the core developers of MDUKEY have continued to focus on the development of open source protocols, open source optimization of SDK, and development of encryption modules for MOBOX.

In terms of MDUKEY ecology, the price guarantee mechanism is in full swing. Since its launch, 20 sessions have been in progress. The total number of participants has reached 19,919, and the cumulative number of pre-destroyed MDUs has reached 2,191,090.

In terms of communities, the third phase of MDU 399BLOCK has been recruited so far, and a total of 110 communities have been established. MDU 399 BLOCK is committed to building the largest MDU community in China, hoping that the community will benefit from the growth of the project. The main community is composed of 399 KOLs, and the sub-communities are established by 399 KOLs. In addition, the 399 BLOCK exclusive lottery prizes held on June 23 have been distributed in early July, with a total of 61 lucky winners and a total of 1,200 participants.

In terms of market branding, in the past month, MDUKEY founder and CEO Han Yuanzhen was invited to participate in the Binance Block 101 online AMA, and did research on data privacy autonomy, public chain track and wool party related content Discussion and answer.

It is worth noting that the MDUKEY ecological community has also published related articles, including “MDUKEY’s blockchain data privacy governance logic practice: code is law, but not the only law”, “black production is rampant, and there is no privacy before the Internet”. How does MDUKEY streak 3 A for you? “and many more.

1. Core technology progress

1.1 Chain technology

a. RPC interfaces related to open source protocols are under development.

b. The storage protocol of the open source transaction protocol OTP has been designed and is under development.

1.2 SDK

The development of mdukey-java-sdk 1.0 has been completed, and related work such as uploading to the Maven warehouse and open source optimization is in progress.

1.3 MOBOX

a. MOBOX POC test is in preparation

b. MOBOX mobile privacy encryption module is under development

C. MOBOX back-end privacy encryption module is under development

2. MDUKEY Ecological Development

2.1 Price guarantee mechanism

Since its launch, 20 sessions have been conducted, and the cumulative number of participants has reached 19,919, an increase of 1666 from the previous month. In addition, 2,178,990 MDUs were destroyed, an increase of 183,260 from the previous month.

2.2 Verification node

Through in-depth communication with the InfStones community, a detailed introduction to the InfStones node is made, click to read

Through in-depth communication with the HelloPool community, a detailed introduction to the HelloPool node is made, click to read

3. Related to the flow 2.0 market

3.1 Community interaction

In early July, the 399 community exclusive lucky draw was completed. In the 399 BLOCK exclusive draw held on the MDUKEY public account on June 23, 61 winning prizes have all been distributed. The 399 BLOCK lucky draw was initiated by the MDUKEY official account, with a total of 1,200 participants.

3.2 Activity participation

On the evening of July 8, Han Wonzhen, founder and CEO of MDUKEY, was invited to participate in the AMA sharing event of Binance Block 101. Wonzhen shared relevant content about data privacy sovereignty in the live broadcast, and answered the audience’s public chain track and The problem of the wool party. He said that the blockchain acts as a trust intermediary in the transaction process and can solve and protect users’ data and privacy after achieving data transparency. There is still much room for imagination in the future blockchain industry.

4. Related to traffic 2.0 brands

4.1 Community Post

“MDUKEY’s blockchain data privacy governance logic practice: Code is law, but not the only law”, click to read

“Black production is rampant, and there is no privacy before the Internet | How does MDUKEY put a third-level armour on you who run naked? “ click to read

4.2 Media reports

Popular Life Network-[InfStones of MDUKEY node introduction-the world’s leading blockchain cloud computing service provider]

Guomai E-government Network-[MDUKEY’s Blockchain Data Privacy Governance Logic Practice: Code is law]

Golden Finance and Economics-[Black production is rampant, and there is no privacy in front of the Internet｜How does MDUKEY give you a level three armour for running naked? 】

Webmaster’s Home-[Binance Block 101丨MDUKEY founder Han Yuanzhen: How does the blockchain give you the autonomy of data privacy? 】

4.3 Overseas market update