Progress Report – (13th Nov. 2017 – 24th Nov. 2017)

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 circulated. Detailed information can be found in our white paper http://newmetaverse.org/white-paper/Metaverse-white-paper-v2.1-EN.pdf

Fortnight in Review

Development

  • Light Wallet Development Progress

Metaverse has officially released a light wallet beta at https://www.myetpwallet.com/. The wallet is an SPV client and is accessible through your browser. Unlike the full node wallet, the Light Wallet does not require users to sync the entire blocks and has a simple user interface that allows users to easily manage their digital assets while on-the-go.

  • Metaverse full-node wallet

Enhancement of MVSD, Metaverse’s full-node wallet, continues. The following changes have been developed:

  • Added an offline transaction signing function. This function is unavailable through the MVSD GUI; it is only available for createrawtx/signrawtx/decoderawtx/sendrawtx RPC calls.
  • Accounts are no longer created when users input incorrect mnemonic words
  • Fixed issues with deposit unfreezing estimate date.

  • Optimized performance of the getnewaddress RPC call. Irrelevant to the MVSD GUI.

  • Add locked_height_range fields during transaction output of RPC calls to recognize the stored transaction

  • Metaverse Official Website Redesign

Metaverse has redesigned its official website. Two pages have been added: Metaverse Foundation and Development Documents. Please visit the official website at: https://mvs.org;
all related development documents can be found at: http://docs.mvs.org/docs/

Community Events

  • Soliciting Articles

We’ve seen many videos and in-depth analyses about Metaverse and we believe that many more interesting perspectives have yet to be shared. As such, Metaverse has launched a long-running community event that will reward content creators – find the details: https://medium.com/@mvs_org/metaverse-community-soliciting-articles-257990c67583

Metaverse Foundation

• The Metaverse Foundation has invested in Maverick Chain, a project which aims to simplify blockchain-based development and trading.

• Eric, the founder of Metaverse Foundation, was invited to attend the DVN CEO summit hosted by the Draper Venture Network (DVN) from November 15–17,2017.

• The Foundation has also established a bounty program. There are two types of bounties available: one is a developer bounty, while the other rewards community contributors. Read more about it here https://medium.com/@mvs_org/metaverse-foundation-bounty-program-b857cee29619participate actively!

Other information

• Head of Global Development, Janice Shi, recently participated in a panel discussion at the renowned Fudan University with other Fintech and Blockchain experts. Find more details here https://medium.com/@mvs_org/metaverse-at-fudan-university-70c22af78b3

• Metaverse attended the 8th Caixin Summit, a prestigious conference that brings together entrepreneurs and elites from both traditional financial institutions and emerging internet enterprises. Find more details here https://medium.com/@mvs_org/metaverse-to-attend-the-8th-caixin-summit-6667530bffd5

• Metaverse will be holding its very first meetup in Korea on 1 December, 2017! If you are in town and would like to join us, visit the official Korean community’s Discord channel and sign up there https://t.co/axI7DEqMyy.

Follow us and keep up with the latest news on Facebook, Twitter, Reddit, Slack or Telegram!

K18uqy8 - Progress Report  – (13th Nov. 2017 – 24th  Nov. 2017)

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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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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Metaverse Foundation Bounty Program

yIT6NXn - Metaverse Foundation Bounty Program

In accordance with the mission of the Metaverse Foundation, a portion of the ETP held by the foundation will be used to incentivize developers and marketing personnel who contribute to the development of the Metaverse community. Based on Metaverse’s development needs, core members of the Metaverse Foundation have designed a bounty program for developers and community contributors.

Developer Bounty (long-term):

Submit an MIP and have it accepted. (For details about the submission process, please refer to relevant information on Github: https://github.com/mvs-org/mips)

Actively participate in discussions about existing MIPs proposed by Metaverse’s core developers and provide proof of concepts, specific implementation plans or code during the development process.

Find a bug as well as an effective solution. Guidelines are as follows:

A. Provide a clear description of the bug and its properties, including the type of bug and how to reproduce it.

B. Provide a complete set of steps to reproduce the bug, including test code and test description.

C. Provide high-quality fixes for the bug, including the code and a clear description of the method

Community Contributor Bounty (tentative):

  1. Contributors must have sufficient knowledge about the Metaverse project, be able to help manage Metaverse communities on various social platforms and answer questions asked by users in a timely and accurate manner.
  2. Help Metaverse expand communities in non-English speaking countries and actively participate in their management.
  3. Translate official information provided by Metaverse to less common languages and disseminate it to non-English native speakers/non-Chinese users to make it easier for them to use Metaverse’s products.
  4. Create high-quality content according to official information provided by Metaverse, including but not limited to videos and articles, and attract relatively large amounts of traffic.

For details about how to contribute content to Metaverse, please refer to: https://medium.com/@mvs_org/metaverse-community-soliciting-articles-257990c67583

Bounty sizes:

The Foundation rewards participants based on the priority of the need and an assessment of the quality of the work. 1 point currently corresponds to 1 USD (payable in ETP), and the ETP/USD exchange rate used will be the 5-day average rate on Coinmarketcap on the day the reward is given.

Level 1: Provide an idea that helps the project to an extent.

Reward 1-20 points

Level 2: Provide important opinions and plans regarding existing problems and make an attempt to implement a solution.

Reward 21-200 points

Level 3: Assist in the resolution of problems and do everything in one’s power to provide help and resources.

Reward 201-500 points

Level 4: Propose innovative ideas about plans or solutions to a problem that speed up its resolution, contributing to community development.

Reward 501-1000 points

Level 5: Play a leading role in the resolution of specific problems, maintaining the environment and smooth operation of the community.

Reward 1001-1500 points

Level 6: Make significant contributions to community development and play a decisive role in key issues.

Reward 1501-6000 points

Notes:

  1. The Foundation will not award contributors if the bug or operational issue is known to the Metaverse team and has been addressed.
  2. Users who submit problems without providing a concrete plan that can be implemented will not be rewarded.
  3. In principle, we only reward the first person to propose a particular development or community operations solution. However, we will also consider rewarding users who propose better solutions or supplement the earlier proposal.
  4. Bounties will be payable in ETP. The specific bounty amount will be decided according to Metaverse’s development and the price of ETP. The Foundation reserves the right to adjust the reward plan and bounty amount at any time.
  5. All relevant activities of users who apply for bounties are bound by the law (including but not limited to the laws of the host country and relevant international treaties) throughout the course of participation. The Metaverse Foundation is not responsible for all legal risks arising in the course of the activity. Bounties will be awarded at the sole discretion of the Metaverse Foundation.
  6. The Foundation reserves the right not to reward contributors with good intentions whose actions resulted in negative outcomes.

Bounty query:

The reason, quantity and address for reward will be disclosed on the Metaverse Foundation’s official website. Users can query these transactions through the block explorer.

Foundation Address:

MSCHL3unfVqzsZbRVCJ3yVp7RgAmXiuGN3

Explorer transaction query:
https://explorer.mvs.org/#!/adr/MSCHL3unfVqzsZbRVCJ3yVp7RgAmXiuGN3

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Progress Report – ( 30.Oct. — 10 November, 2017)

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 circulated. Detailed information can be found in our white paper http://newmetaverse.org/white-paper/Metaverse-white-paper-v2.1-EN.pdf, which is actively being revised.

Fortnight in Review

Trading Platform

We are excited to announce that Metaverse is now trading on HitBTC and CEX.com.

YXCwiKq - Progress Report  – ( 30.Oct. — 10 November, 2017)0L81uq9 - Progress Report  – ( 30.Oct. — 10 November, 2017)

HitBTC is a global cryptocurrency trading platform based in Europe and has been in operation since 2013. It is one of the largest platforms by trading volume, features real-time clearing and advanced order matching algorithms, and has been acclaimed for its fault-tolerance, uptime and high availability.

CEX uses 100% margins and separate hot and cold wallets to ensure the safety of users’ capital. In addition, CEX uses SSL and dynamic authentication to ensure transaction security.

OpenLedger has re-enabled ETP deposits and withdrawals, please refer to the announcement from OpenLedger.
https://blog.openledger.info/2017/11/09/etp-gateway-will-be-open-again-from-today-november-9/

Development

• Light Wallet Development Progress

Metaverse has released an open beta for an upcoming light wallet. Light wallets make it easier for users to transact and check their balances. Interested candidates started the testing on 9 Nov 2017.

• Explorer Development Progress

Fixed bug which caused discrepancies between the nonce values displayed by the Metaverse explorer and the wallet for some blocks.

• Metaverse Wallet (MVSD)

  • Add “broadcast transaction command”, which enables the web wallet to broadcast transactions on the network.
  • “Offline signing” feature is under development

We have created a regularly updated list of FAQs for the Metaverse wallet. You can find it on [Reddit]
https://www.reddit.com/r/Metaverse_Blockchain/comments/78mwkn/faq_for_metaverse_wallet/

Partnerships

Metaverse has established a partnership with Aion focusing on cross-chain digital assets and Oracles. Aion is a multi-tier blockchain system designed to address the issues of scalability, privacy and interoperability in blockchain networks.

Community Events

• Soliciting Articles

We’ve seen many videos and in-depth analyses about Metaverse and we believe that many more interesting perspectives have yet to be shared. As such, Metaverse has launched a long-running community event that will reward content creators – find the details [here!]
https://medium.com/@mvs_org/metaverse-community-soliciting-articles-257990c67583

Other information

• CEO Eric Gu recently gave an interview in Dubai. Find the full video [here]https://www.youtube.com/watch?v=qGAnZMZr43w&feature=youtu.be

• Metaverse has released an official reply in response to recent queries about ZenAir and the amount of ETP in circulation. Please find it at: https://www.reddit.com/r/Metaverse_Blockchain/comments/7bs44s/answer_to_recent_concerns/

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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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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FAQ for Metaverse Wallet

1. Installation

  

1.1 What if my antivirus software identifies the wallet package as malicious during installation?

If your antivirus software incorrectly identifies the wallet package as malicious, please temporarily disable the antivirus software or add the wallet package to the list of trusted applications during installation, or the antivirus software may delete important files by mistake.

1.2 Can the wallet application run in a 32-bit OS?

A 32-bit OS currently does not support the Metaverse Wallet, please change to a 64-bit OS and complete the wallet installation.
  

1.3 What if the wallet application crashes and closes on its own?

Try restarting your computer or reinstall the wallet application first. Due to the poor performance of some computers, we recommend that you close all other software including antivirus when you open the wallet.

If this doesn’t solve the problem, your wallet database may be damaged. Please make sure that you have saved the wallet private key (the mnemonic passphrase that contains 24 English words), then download and install the blockdata-inside version, and choose to overwrite data from the previous installation, as shown below:
lAcRQ2A - FAQ for Metaverse Wallet

1.4 Your device crashes during wallet installation

This is because the wallet take up a lot of disk space during initialization; having too many programs open on your device could cause high disk usage resulting in your device crashing. Please close all programs except mvsd.exe and reopen the synchronization program.
  

1.5 "Page not found" or "Server connection error, please check server status” prompt

Please temporarily close the proxy server or antivirus software. Then clear your browser cache from at minimum the previous month and try again. If it still cannot be opened, you are recommended to uninstall and reinstall the wallet application.
If the proxy server or antivirus software is running, please temporarily close them.

2.Account and Login

  

2.1 "Invalid login credentials” prompt

Possible reasons are: 1, You might have used the account password cached in the explorer; 2, An incorrect username or password was entered; 3, Your session has expired (it may happen when you use a different computer or after reinstallation);

Solution: first, clear the data stored in the explorer and manually enter your username and password. If this fails, restart the synchronization program and wallet page and try to sign in again. If you are still unable to log in, please create a new account (preferably with a different username) and import the private key of your original account.
  

2.2 Unable to import private key

Possible reasons are:

1)If you did not fill in the number of addresses when you import the private key, please just fill in a number.

TXZtUMh - FAQ for Metaverse Wallet
2)Your current username may be the same as the username of the account you are trying to import data from. Please change your username.

3)Please delete the number contained in your username, then try to create an username with pure letters combinations;
  

2.3 The asset balance in my account appears to be empty or lower than your true balance after importing the private key of previous account.

Possible reasons are:
1) Incorrect private key;
2)You filled in a small number of addresses when you import the private key. We recommend that you re-import the private key and fill in a larger number of address, such as 50.
3)The synchronization has not yet been completed.
  

2.4 Lost a previous account’s address after importing the private key

Possible reasons are:

1)Insufficient addresses in the new account: click "Create new address" to create a new address, or create a new account and import your private key, then fill in a larger number of addresses (such as 50).
2)Incorrect private key
  

3. Synchronization

  

3.1 How does the wallet synchronize?

Blocks will automatically be synchronized when your wallet is running. The right bottom corner (marked in yellow below) shows you the number of blocks your wallet has synced.
GoKLl7K - FAQ for Metaverse Wallet

3.2 What if the wallet fails to sync when it is opened?

Please try the following operations:
1) Multiple refresh;
2) Please close all programs except the wallet;
3) Try uninstalling and reinstalling the wallet application.
Please note that the wallet does not sync when your device is in sleep mode.
  

3.3 Incomplete synchronization
Incomplete synchronization may result in the following circumstances:

1) Your wallet balance appears to be empty or lower than your true balance;
2)Coins transferred from other addresses to your wallet are not reflected in your wallet;

If these issues occur, please be patient and wait for synchronization to be completed. The time required for synchronization depends on your internet speed and computer’s specs. Normally, synchronization takes 4-5 hours (synchronization will be stopped when computer is in sleep mode). Therefore, we recommend that new users install the data packet version to reduce syncing time.
  

3.4 When is the wallet synchronization completed?

First, please open the Metaverse blockchain explorer at https://explorer.mvs.org/#!/

The area marked in yellow shows the serial number of the latest generated block (it changes every minute):
EZwHDfx - FAQ for Metaverse Wallet

Then, please open and sign in to your wallet. The right bottom corner (marked in yellow below) shows you the number of blocks your wallet has synced.
smWVHAv - FAQ for Metaverse Wallet
When the number of blocks displayed in your wallet approaches the number shown in the block explorer, you can consider wallet synchronization complete; otherwise, the synchronization is not completed.
  

4.Assets

  

4.1 Your wallet balance appears to be empty or lower than your true balance

Because the synchronization is not completed, the assets are not displayed. Please be patient and wait for synchronization to be completed. You may view the number of blocks that the wallet has already synchronized at the top of the wallet.
  

4.2 Failed to receive the transfer
Possible reasons are:

1) The other side did not send you money;
2) Your wallet has not been synchronized with the latest block yet. You may view the latest generated block at https://explorer.mvs.org/#!/.
  

4.3 Does Metaverse Wallet charge fees for withdrawal?

Metaverse Wallet does not charge transaction fees, but a miner fee of 0.0001 ETP will be charged for each transaction. This fee is charged to the party making the withdrawal. A transfer between different addresses that belong to the same account will still incur miner fees.
  

4.4 How much will Metaverse Wallet charge when users transfer ZGC or other non-ETP assets in the Wallet?

Metaverse Wallet charges 0.0001 ETP to reward miners.
  

4.5 Unable to send assets

A 0.0001ETP miner fee is charged for each transfer made on Metaverse. Please check that your wallet balance is sufficient.
  

4.6 “Insufficient balance” prompt when transfering all ETP out of your wallet

A 0.0001ETP miner fee is charged for each transfer made on Metaverse. Please check that your wallet balance is sufficient. For instance, please fill in 9.9999 as transfer amount if your wallet has 10 ETP in total.
  

4.7 “Insufficient balance” prompt when the balance is sufficient.

If you choose the sending address when you transfer, as shown below:
cwWONUg - FAQ for Metaverse Wallet
Please make sure that there is no less than 0.0001 ETP in this address.

To solve this problem, you may choose not to select an address but leave it to Automatic:
A2qer3B - FAQ for Metaverse Wallet

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