Technology Update

1)Research EIP-4573: Entry Points and Procedures for EVM Code Sections.

2) Optimize nonce handling performance in the txpool,10% completed.

3) mainnet optimization transaction logic development from the network layer to the transaction layer,5% completed.

4) Research exploring incremental verification and SNARKS without pairings,5% complete.

5) Upgrade transaction calldata,evict old payloads, type PayloadID.

6) Inter-node communication is done by grpc to reduce the size of transferred data and thus increase the speed of communication, 10% completed.

7) integrate verkle trees into trie,reduce the cost of data transmission,10% completed.

8) Smart contract data splitting scheme has entered the development stage, through consistency hash plus virtual link points to solve the uneven distribution of data status quo, 5% completed.

Technology Update

1. The new master chain has been deployed and entered the internal testing phase

2. Blockchain browser development, 40% complete

3. New Main-chain Compatible with Ether EVM in Development

4. Decoupled compilation dependency can achieve modular independent compilation, module combing completed 60%

5. Actively explore SocialFi direction and lay out decentralized social network in advance

Market

1. U Network was invited to participate in the Global Blockchain Application New Economy Summit and Filecoin Anniversary Celebration in Shenzhen on October 15, 2021.

2. U Network was invited to participate in Wanxiang Blockchain Global Summit Event in Shanghai on October 26, 2021.

Technology Update

1. Token Governance DAO Contract Development Completed

2. uuu will release the main chain, which will be able to be compatible with EVM’s smart contracts

3. ENS will be used to manage mapping relationships, and some applications will be gradually migrated to IPFS to gradually improve the decentralized architecture

4. Decoupling compilation dependencies allows for modular independent compilation and 40% completion of module grooming

5. Main chain supporting facilities will be gradually improved, such as browsers, contract development SDK, etc.

6. High-performance consensus mechanism access for the main chain, using Layer2 protocol to increase network-wide TPS as much as possible based on the existing DPoS consensus

Dear Upbet User,

The upbet has been closed due to the regulation, and the upbet team will refund all users’s uuu(see the attached picture). If you want claim the asset back, you will need to send an email to upbet@u.network to confirm the erc20 address with the registered email.

Thanks!