MDUKEY Monthly Report (August)

4 min readSep 1, 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 nodes such as Hoo Fu Hoo.com are announced

Traffic 2.0 Market Related: Community Q&A

Traffic 2.0 brand related: community article publication, some media reports

Since August, the core developers of MDUKEY have continued to develop the open source protocol PRC interface, OTP storage protocol related development, open source optimization of SDK, and development of MOBOX encryption module.

In terms of MDUKEY ecology, the price guarantee mechanism is in progress in an orderly manner. Since its launch, 21 issues have been in progress, with a total of 20,859 participants and a total of 2,294,490 pre-destructed MDUs.

In terms of community, MDUKEY continues to answer questions about the MDUKEY main chain and MOBOX in the official community.

In terms of market brands, the MDUKEY ecological community has published several articles in the past month, including “Why does MDUKEY use decentralization to solve the dilemma of user data privacy” and “MDUKEY, how to return to user privacy data sovereignty?” “, “Hoo.com-the industry’s leading blockchain asset service company”, “MDUKEY node introduction”, etc….and was included and reported by traditional media such as China Economic Times, China United Business Daily, and Dazhong.com

1. Core technology progress

1.1 Chain technology

a. The RPC interface related to the open source protocol is under continuous development, and a new data encoding interface is added.

b. The open source transaction protocol OTP storage protocol is under continuous development, and the data format encoding and decoding functions have been completed.

1.2 SDK

The development of mdukey-java-sdk 1.0 is about to open source.

1.3 MOBOX

a. The data authorization function of Mohe APP is developed

b. Mohe APP authorization management configuration function development completed

c. Completed development of Mohe APP authorization history details

d. Mohe APP privacy encryption protocol development completed

2. MDUKEY Ecological Development

2.1 Price guarantee mechanism

Since its launch, 21 sessions have been conducted, with a total of 20,946 participants, an increase of 1027 from the previous month. In addition, the number of destroyed MDUs reached 2,304,060, an increase of 112,970 from the previous month.