In January, the DREP team focused on the development of DREP ecosystem.
In terms of technical products, DREP will be announcing the brand new DREP 2.0 product line to our community very soon. As DREP’s basic infrastructure, the DREP public chain has been further improved. The security of the DREP wallet has been enhanced, in which the wallets configured by block-generating-nodes will be closed by default and only be unlocked and begin generating blocks after the node has been initiated. Nodes’s block generation has been optimized with the node configuration process being simplified. With this improvement, the monitoring…
DREP to build a decentralized ID (DID) system, the cross-chain technologies and DREP’s Software Development Kit (SDK), forming the basis of a “connector”, and providing easier DApps deployment on multiple public chains with a simplified process while promoting cross-chain data integration and data sharing privacy protection.
We are excited to announce our partnership with LTO Network, a hybrid blockchain platform for securing, verifying and exchanging business critical information. Combining private chains and a public Leased-Proof-of-Stake blockchain, the LTO Network enables General Data Protection Regulation (“GDPR”) compliant blockchain solutions.
Through the partnership, DREP will cooperate with LTO Network to build a…
Dear DREP Community,
We had completed the Buyback & Lock Program scheduled for 2020 Q4 as of 31st December 2020. Through this program, DREP Foundation had acquired a total of 151,423,352.42 DREP tokens (equivalent to $621,226.52) from the open market. They have been transferred to a lock up address visible to the public. Prior to the buyback in 2020 Q4, we have completed the buyback program in 2020 Q1 and locked 158,705,180 DREP tokens.
As a result of the buyback program in 2020 Q4, the market circulation has been reduced by 4%.
The lock-up address for the buyback program…
In December, DREP focused on the sustainable development of the DREP ecosystem.
In terms of technical products, DREP public chain has been further improved. The codes of DREP public chain has been reconstructed to enhance code reuse. At the same time, the first stage of the DREP reputation calculation model has been fulfilled, which has increased the pledging limit of block nodes. The optimization of both the DREP public chain’s transaction process and the coinbase reward system has further enhanced the stability of block production. Generating nodes for block creation have also been optimized with node selection strategies…
We are pleased to announce that Tenet will be conducting our public sale of the TEN tokens on 5th January 2021. It will be carried out on both the Binance Smart Chain and Ethereum blockchains.
Tenet is a cross-chain Automated Market Maker (AMM) connector that provides a decentralized Liquidity Tap for various tokens. The Liquidity Tap is the powerhouse of Liquidity Pools, deploying a dynamic algorithm that provides Liquidity Providers with fairer and more efficient incentives overtime.
Tenet is backed by DREP Signal Labs, a blockchain incubator supported by the DREP Foundation. …
In the second half of November, DREP focused on the technical products of DREP.
In terms of technical products, DREP public chain drep-cli adds ways of generating genesis information to simplify process of nodes start-up. Also, the team optimized algorithm of flexible plus or minus of nodes which generate blocks, updating P2P communication strategy to prevent bifurcation. DREP explorer continues optimizing trading query operations and perfecting the field of block details.
In terms of ecosystem, DREP co-founder Xiaolong was invited by Jinse Finance Update Crypto to have a live-streaming on 11:00 (GMT+8) November 26, in which Xiaolong introduced…
Invited by Jinse Finance Update Crypto, DREP cofounder Xiaolong had a live-streaming on 11:00 (GMT+8) November 26, in which Xiaolong introduced the Defi product Tenet developed by DREP Signal Labs and shared major updates on the development and launch of Tenet. Also, Xiaolong answered questions of online audience who have showed enthusiasm and excitement for Tenet.
The team has finished technical development work and smart contract auditing of Tenet. As the first AMM connector for Defi Layer 2 facilities, Tenet will be launched within 2020 Q4.
Xiaolong’s sharing mainly covers several fronts, as follows:
DREP was founded at…
In the first half of November, DREP focused on the technical products of DREP.
In terms of technical products, DREP public chain is designing calculating model for reputation values. Block generation of super nodes is going on according to reputation value proportion. Reputation value includes staking amount, voting amount and stability. DREP explorer continues optimizing block query operations to deliver query results to users and developers faster.
In terms of ecosystem, DREP received recognition as a superior and promising digital currency asset. According to Crypto Differ, DREP was ranked by LunarCRUSH GALAXY score as the TOP 15 coins…
In the second half of October, DREP focused on the ecological development of DREP.
In terms of technical products, DREP public chain is improving algorithm of nodes’ block generation. DREP team added a mechanism to execute automatic replacement of null block generation nodes, preventing unstable block generation. DREP team also improved algorithm of p2p communication, not replying to incorrect messages and cutting down communication among nodes, and thus increasing connection stability. DREP explorer continues improving functionality of testnet to apply test coins, making it more convenient for developers to test various on-chain functions.
In terms of ecosystem, DREP…
On October 28, 2020, DREP Cofounders held an AMA session in the community, receiving great responses. On this AMA, DREP Cofounders Momo and Xiaolong shared with the community DREP milestones achieved and exciting big news ahead, and answered questions from community members. Below are key takeaways from this AMA.
Greetings from Xiaolong and Momo:
Hello everyone, I am Xiaolong, co-founder of DREP, and I am very pleased to have the opportunity to communicate with you today.
Today you will hear two big news about DREP’s moves. …
DREP is a decentralized reputation ecosystem based on blockchain technology which empowers various Internet platforms to quantify and monetize reputation value.