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Ultrain, a blockchain based trust computing service company, is ready for the new year as all members of Ultrain return back from the CNY holiday, we have returned to our intense work environment, and everything is being carried out in an orderly manner as usual. In the following content, we present you with the first project progress bi-weekly report since February 11-24 after the CNY holiday, we thank you for your continuous support and enthusiasm for us!

Technology Update from Ultrain

Ultrain's core Technology

  1. It is determined that the primary side link is implemented by an algorithm enhanced security check mechanism.
  2. Increase the data structure and related interface support required for the main sidechain to be compactable for light client mechanism.
  3. Improve the main side chain management protocol based on the results of the multi-chain environmental test.
  4. Optimize the multi-chain data storage structure to save storage space; optimize the reward distribution mechanism in multi-chain mode.
  5. Improve the world state generation scheme, reduce memory usage and enhance security check.

Ultrain’s Smart Contracts

  1. Increase the contract interface to support cross-chain transaction verification.
  2. Complete the transaction Merkel tree path extraction and root hash value verification function.
    Ultrain Developer Kit
  3. Optimizes the Robin framework UI functionality to further simplify the DAPP creation process.
  4. Launched the Miner Edition of the UltrainOne App, as well as launching the "Nova" reward program and making it an active function on the App.

Ultrain’s Latest Community & Event Update

Upcoming Announcement: Microsoft Event
Ultrain was invited to participate in Microsoft’s fourth alumni corporate graduation ceremony. After the previous collaboration with Microsoft by joining their accelerator program, Ultrain was invited to participate in the “innovation day” event on the 26th of February, an alumni corporate graduation ceremony

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Announcement on YOHO! &Ultrain’s Collaboration
Members within the Ultrain community is familiar with how China's streetwear fashion e-commerce YOHO has a cooperation with Ultrain. Last week, YOHO's UFO UFO trading platform were announced on the basis of the two parties' joint efforts to trace the source of the second-hand shoes. Tencent, Economic Observer, PR Newswire and other well-known media reported on this matter! Next, there will be a formal cooperation announcement and a series of activities, so stay tuned!

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Updated UltrainOne App Released
The UltrainOne APP, developed by the Ultrain technical team, has been loved by community members since its initial release. To further serve our users, the Ultrain team updated the app interface to optimize the user experience and added a mining module. Members who have not downloaded yet, please scan the code to download and experience our latest App!

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UltrainOne Release the “Nova” Event
UltrainOne APP latest update is also incorporated by the latest release of "Nova" program, please sharing the below links to invite friends and register to get rewards! The number of rewards is limited, be the early adopters and acquire your rewards!

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Ultrain’s Updated Video Released
In order to better serve the Chinese community members, Ultrain added latest video with Chinese subtitles to videos previously recorded in English and technical tutorials were originally presented at the San Francisco conference in the United States. The latest video versions have been updated on Ultrain official website, Youku, YouTube, Bilibili column.

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Happy Valentine
Following the Chinese New Year, the two additional festivals of Valentine's Day & Lantern Festival. As the cute mascots of Ultrain, the Supernova will never absent during such festival. Hopefully the following poster could spread out our love to the community member

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Y.B.L China Entrepreneurs Forum
On February 16-18, the 19th annual meeting of the Yabuli China Entrepreneur Forum, which enjoys the reputation of “China Davos”, was opened in Yabuli, Heilongjiang. The theme of this annual meeting was “Strengthening Confidence to Meet the Challenge – A New Journey of Reform and Opening-up”. State-owned enterprises and private enterprises appeared on the same stage of the annual meeting, and Ultrain also attended the forum as a partner of this annual meeting.

The relevant leaders of the State-owned Assets Supervision and Administration Commission of the State Council and the All-China Federation of Industry and Commerce attended the Yabuli Forum and spoke on the same stage. Several leaders of state-owned enterprises also attended the meeting. This is the first time since the establishment of the Yabuli Forum. This annual meeting is committed to achieving in-depth dialogue between private enterprises and state-owned enterprises, promoting mutual integration, building consensus, and cooperation "over the bearish market." This is not only an important discussion during this annual meeting, but also will have a profound impact on the whole society.

Miner Ranking for January & February
Miners who have worked diligently to contribute to the Ultrain test network, your rankings in January and February are public! For details, please see the Ultrain website:

https://www.ultrain.io/trends-detail/nXb6B24HR

Ultrain's public information will be posted on the official website under the activity page, remember to check your ranking on timely basis.

The above information demonstrated the progress of Ultrain from February 11th to February 24th. Thank you for all your interest in Ultrain! Stay tuned for our latest developments and updates!