Ulord Project Progress(From October 13, 2022 to October 19, 2022)

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.New storage migration function was added. For users using block storage, storage migration would take advantage of the ability to easily move/rename blocks to improve migration performance.

2.The credibility evaluation algorithm of the consensus verification layer was developed and tested, and the growth function and decline function suitable for the smart contract on the chain were determined.

UDFS

1.The design and development of the liquidity mechanism have been completed to support users’ clearing and benefit from NFT with financial risks, including NFT clearing list module, clearing agreement module, and clearing reward and punishment module.

2.The Web client has been updated. The Uniques and Statemint specifications are used to save relevant metadata to improve access efficiency.

Product Progress

Some functions of Ulord APP were Optimized.

Terminology

Paper Wallet: The paper wallet is a method of transferring cryptocurrency. It is to save the public key and private key information required by the Bitcoin exchange in paper-based form. As long as you enter the “Paper Wallet Tool” page, you can generate a set of wallet addresses. The recipient can receive the wallet after entering the key information on the paper on the supported website. Usually, the paper wallet will also be printed with a two-dimensional code, Users can directly transfer encrypted currency to wallet for quick transaction by scanning QR code.

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