Ulord Project Progress(From December 16, 2021 to December 22, 2021)

Ulord
1 min readDec 22, 2021

Welcome to contact us. Email: service@ulord.one, or @ulordchain on GitHub or Twitter. Your suggestions are very important to us. We look forward to your support and participation.

Technical Progress

Ulord

1. The transaction pool data synchronization technology was studied to prevent the transaction pool data errors caused by misoperation.

2. WASM contract technology for Ulord side chain was developed, which can perform addition and subtraction operations after contract release.

UDFS

1. The self-verifying file algorithm was tested and key management was successfully decoupled from key distribution.

2. Secure connection technology was developed to build secure link channel between client and server.

Product Progress

Some functions of Ulord APP were optimized.

Terminology

Hashed TimeLock Contract:Hash time lock contracts include hash lock (Hashlock) and time lock (Timelock) Two parts, the most typical representation of a hash time lock contract is the lightning network of bitcoins, which provides an extensible micro-payment channel to enhance transaction processing outside the chain, uses hash locking to lock the initiator’s transaction token, and uses time locking to allow the recipient to generate cryptographic proof of payment before an agreed time And consistent with the previously agreed hash value, the transaction can be completed.

--

--

Ulord

Ulord is a peer to peer value transfer public blockchain.