Ulord Project Progress(From September 23, 2021 to September 29, 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 synchronization function and code of ulord network were analyzed, and the codec algorithm was modified. The new codec performance was improved by 8%.

2.The synchronization process after the transaction is received by the trading pool was analyzed. The problem that using the synchronization of the trading pool will cause the transaction imbalance between nodes was solved.

UDFS

1. The block based storage function was studied to provide highly reliable storage services.

2. The effect of TEE on the performance of ZK-SNARK algorithm was studied.

Product Progress

Some function modules of Ulord APP was adjusted.

Terminology

Lightning Network:Lightning network is a technology that allows the transaction of cryptocurrency to occur immediately and reduce the cost. It makes the transaction that needs to wait for block confirmation in bitcoin network complete instantly. Lightning network is based on an extensible micro payment channel network. Through the serial expiration revocable contract RSMC, multiple high-frequency two-way transactions conducted by both parties in the preset payment channel on the blockchain can be completed instantaneously. At the same time, it connects a payment path composed of multiple payment channels between transaction parties without direct point-to-point payment channels through hash time locking contract HTLC to realize the transfer of funds.

Ulord is a peer to peer value transfer public blockchain.