Produced by Odaily

Author | Wang Ye

Editor | Hao Fangzhou

Produced by Odaily

Last week, Telegram declined to disclose financial data about its ICO to the SEC. Telegram raised $1.7 billion in two rounds of token sales in early 2018 to develop its blockchain project TON.

Star Project Progress

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Star Project Progress

Grin is about to hard fork and release a new version of the wallet

Grin is about to hard fork and release a new version of the wallet

Yeastplume, developer of privacy coin Grin and the MimbleWimble protocol, has announced the release of Grin and Grin Wallet 3.0.0. The developer’s official announcement on the Grin forums revealed that Grin and Grin Wallet 3.0.0 are ready for use ahead of the hard fork at block 524160 around January 15, 2020. Additionally, the announcement revealed that the previous version of the wallet will be shutting down soon, adding that the v3.0.0 wallet will only be compatible with Grin nodes running v3.0.0 or later. Therefore, users are advised to upgrade as soon as possible.

The privacy infrastructure NYM network officially launched the alpha test network, and its beta test network is expected to be launched in Q2. NYM network received a total of US$2.5 million in private equity investment including well-known capital such as Binance Labs, NGC, and 1kx in May 2019, aiming to create a Layer 0 privacy system to better realize Layer 1 and Layer 2 Privacy features.

NYM replaces existing privacy solutions with a mixnet. The Sphinx packet format makes all packets a uniform size, traffic can be mixed with timing confusion, overlay traffic is added, and multi-hop ensures users don't have to trust a single node. NTM believes that the hybrid network solution will work better than VPN and onion network.

The first halving of the privacy coin BEAM has been completed

The first halving of the privacy coin BEAM has been completed on the morning of January 5, Beijing time, and the next halving will take place in 4 years. Note: Beam is a cryptocurrency developed based on the Mimblewimble protocol. Mimblewimble provides a method to optimize Bitcoin, which can save storage space and provide transaction privacy.

Part of Edgeware’s ETH lockup has been released, and the main network of the project has not yet launched

Part of Edgeware’s ETH lockup has been released, and the main network of the project has not yet launched

On January 3, according to an announcement from a trading platform, during the Lockdrop airdrop activity carried out by Edgeware (EDG), the first cross-chain smart contract project in the Polkadot ecosystem, from June 16, 2019 to June 30, 2019 The daily locked ETH for 6 months has expired, and this part of locked ETH has been fully unlocked. However, since the Edgeware mainnet has not yet been launched, the official conversion ratio has not yet been determined, so the corresponding EDG airdrop has not yet been released.

Sharded public chain NEAR Protocol launched Private Shards for enterprises and governments

Illia Polosukhin, co-founder of NEAR Protocol, announced the launch of Privata Shards, a private shard for enterprises and governments, at the NEAR China Tour Beijing Station event. He said that private shards are also governed by global consensus, but with controllable data access and public-private interaction control, zero-knowledge proofs can be used to ensure the authenticity of complex states without disclosure.

The computing power of Monero hit a new high recently, and some community members said it was caused by the new algorithm RandomX

According to the data, Monero’s computing power reached an all-time high of 1.1358 G a few days ago. In fact, Monero’s hash rate has been on the rise since the RandomX hard fork, and many members of the XMR community on Reddit believe that the new algorithm may be responsible for the surge. However, there are also those who disagree.

EOS Latest Developments

Please refer to the OdailyETH weekly report

The latest developments in ETH

Please refer to the OdailyETH weekly report

Recent progress of BTC

Please refer to OdailyBTC Weekly Report

Investment and financing overview

Please refer to OdailyBTC Weekly Report

Investment and financing overview

Report: The total investment in the blockchain and cryptocurrency field in 2019 is about 3.7 billion US dollars, with the largest investment in North America

Genesis has released an overview of industry investment activity during 2019, finding that most of it took place in Asia, North America and Europe. As the group’s John Dantoni notes: “In 2019, North America, Europe and Asia together accounted for approximately 99% of investment transactions. Although blockchain technology has been billed as ‘banking the unbanked’, those Regions most in need of improving their financial infrastructure, such as South America and Africa, accounted for less than 1% of investment deals. Overall, 741 different deals in the blockchain/cryptocurrency space totaled investments during 2019 About $3.7 billion."