Technology

Metaverse Light Wallet — 0.1.1 Beta decay is live

tX9t3aE - Metaverse Light Wallet --- 0.1.1 Beta decay is live

The Metaverse Light Wallet 0.01 alpha centauri version has been live for two weeks and has garnered positive responses since its launch. During this period of time, the team noted the importance of the deposit function, which was strongly called for by users. Therefore, we have added this feature into the beta decay version of the light wallet.

From now on, you can access this feature on the light wallet. To try it out, please visit the light wallet at:https://www.myetpwallet.com

Please note that you may have to wait for several seconds for a deposit transaction to be recorded in a block after you have completed a deposit operation.

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November Roundup

November has passed in a flash, and Christmas is now almost upon us. It has been a bumpy ride for the entire cryptocurrency and blockchain community, due in no small part to the uncertainty surrounding Bitcoin and 2X. Regardless, the Metaverse team has continued to invest a good amount of time overseas this month interacting with other firms in the fintech and blockchain space and has gained invaluable insights along the way. We are extremely encouraged by the raw vitality of the industry, and it spurs us to forge ahead.

This month, research and development efforts for the Metaverse blockchain have been focused on digital identity implementation. A number of complex hurdles have to be considered, including the question of interoperability, zero-knowledge proofs and user-friendliness. We are making progress on these fronts and should be able to release more details soon.

Metaverse has also been active in the community at some of Shanghai’s most well-recognized universities, participating in their annual job fairs as well as events organized by Fudan University’s Blockchain Association. Again, it’s heartening to see so many students challenging themselves and engaging with new technologies. Lastly, the team is aware of community feedback and is continuously working to liaise with exchanges. The negotiation process may be long and winding, but we are confident that we will have good news to share. Thank you all for your support – in the words of John Heywood, nothing is impossible to a willing heart.

Till next month,
The Metaverse Team

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The Metaverse Light Wallet Beta is live!

The Metaverse Light Wallet Beta is officially live as of today. This wallet provides a simpler and more convenient way to receive and manage one’s assets on the Metaverse Blockchain.

T7BJuIB - The Metaverse Light Wallet Beta is live!

The Light Wallet has five key features:

  • Provides safe, convenient, simple and stable wallet services.
  • Doesn’t require installation of a client — the wallet is accessible through the website.

  • Doesn’t require the wallet to download the entire blockchain to send and receive assets.

  • Supports import of private keys.

  • Customizable user interface.

The release of the Light Wallet provides investors with a much more convenient method of sending and receiving assets. Users who have not previously registered a Metaverse Wallet account may use the Light Wallet to register a new account, while users who already have an existing full-node Metaverse Wallet account can log into the Light Wallet using their account mnemonic.

lxXGOZC - The Metaverse Light Wallet Beta is live!

The Light Wallet’s code is completely open source. In subsequent versions, to better cater to our users’ needs, the Metaverse Light Wallet will gradually provide more functions and language options as well as release an app.

Try Metaverse light wallet at: https://www.myetpwallet.com/

The Metaverse Light Wallet was released for beta testing on 9 November, 2017. We would like to extend our thanks to the following users, who enthusiastically participated in the testing phase and provided invaluable feedback:

Blauni, Claudia, Deano,感悟人生,Elaine, Gordon, itachi, Johnwaltonvi, Jonathanlimwj, King Ramaldo , Mixterz, nedievas, pnbamania, Satya, Spencer, Stevey, Verma,小杨

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Letter to Metaverse Wallet Users

Dear Metaverse Wallet Users:

These two days, a wallet user came to us for help regarding an error faced when importing the mnemonic. The Metaverse team tried our best to help to look into the issue and it turned out the user wrote down the wrong mnemonic words at the beginning. This is really heartbreaking and regretful. We do really hope this kind of case would not happen again.

Therefore, we strongly appeal that all users back up your 24 mnemonic words correctly and safely!!! Please do bear in mind that once your mnemonic words have been lost or are wrong, your assets will remain in the wallet that you have lost access to and are essentially irretrievable.

Yours Sincerely,
Metaverse Team

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Progress Report – (16th Oct. – 27th Oct)

Introduction

Metaverse is a public blockchain project that aims to provide decentralized services based on digital assets, digital identity and value intermediaries in order to build an open ecosystem in which digital value can be freely exchanged. Detailed information can be found in our white paper,which is actively being revised.

Fortnight in Review

Trading Platform

Metaverse will begin trading on HitBTC on 1 November, 2017. HitBTC is a cryptocurrency exchange based in Europe and is the 4th largest cryptocurrency exchange globally by trade volume.

2a5AIwq - Progress Report  – (16th  Oct. - 27th Oct)Bitfinex related news:
Margin trading for ETP has been enabled on Bitfinex.
Do be aware of Bitfinex’s announcement; for all our U.S. users, please withdraw your ETP to the Metaverse wallet or another exchange before 9 November , 2017.

Additionally, we are in talks with other exchanges. Unfortunately, we are unable to reveal them at the moment. Information will be released as soon as possible.

Development

Web Wallet Development Progress: 

• 0.7.1 version has released on 19th Oct, for more information, please check out the release notes.
Please ensure that you download the wallet from either https://mvs.org or http://mvs.live as it has come to our attention that there are some phishing sites going around that contain links to malware.
• We have also released a list of FAQs – we strongly recommend that users read through it.

Explorer Development Progress:

• The new version explorer has been released on 24th Oct., new features have been added such as: mining info, mining pools index and hashrate division pie chart, market cap. Please go and check it at https://explorer.mvs.org/#!/

Mobile Wallet Development Progress:

• Token master ios version was launched on Apple Store on 17th Oct. Please note this version is only availbele for Chinese mobile number currently.

Other information

• Eric Gu, CEO of the Metaverse Foundation, held an AMA with the community on Reddit – take a look at his replies here.

• Metaverse team joined Money 20/20 in Las Vegas during 22-25 Oct, where Metaverse was invited by Money 20/20 to do an official interview.

• Eric Gu and the Metaverse team attended World Blockchain Summit in Dubai on 24-25 Oct. Eric delivered a presentation at the Summit.

• Metaverse Foundation is partering with Draper Dragon to establish a special investment fund for digital asset, a Memorandum of Understanding was signed on 26th Oct.

Follow us and keep up with the latest news on Facebook, Twitter, Reddit, Slack or Telegram!
Facebook: https://www.facebook.com/mvsofficial/
Telegram: t.me/Metaverse_Blockchain
Slack: https://metaverse-project.herokuapp.com
Reddit: https://www.reddit.com/r/Metaverse_Blockchain/
Twitter: https://twitter.com/mvs_org
Github: https://github.com/mvs-org/metaverse

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Metaverse main net parameter info

Metaverse main net parameters

Total amount:100,000,000 ETP

Current circulation: https://explorer.mvs.live/circulation

Mining algorithm: Improved version of ETHASH

Actual block generation time: 33 Seconds

ETP mining rewards: The initial reward is 3ETP. Mining rewards decrease by 5% every 500,000 blocks.

Algorithm difficulty adjustment: Adjusts every block (with no difficulty bomb)

Main net go-live time: February 11, 2017

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