Progress Report (9th Oct. — 13th Oct.)


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, which is actively being revised.

We are trying our best to update all our social media channels in a timely and thorough.

Note: As we had one week bank holiday, we update this report for one week instead of fortnight.

Week in Review

Trading Platform

We are super pleased to announce that Metaverse is now trading on BITSUN.NET

1*LRI6wnlK01Zfvt nmVpSWw - Progress Report (9th Oct. — 13th Oct.)

BitSun is a singapore exchange which lists only the top coins — ETH, ETC, LTC, and BCC.


Web Wallet Development Progress:

· Get public key — filter multisig address parameter
· Remove upgrade database process in initchain
· Modify windows webpath direction

Mobile Wallet Development Progress:

· Token Master (Android version V0.8.3) has been upload to Google Play market, this is an emergency version that fixed domain name issue. Please download new version as soon as possible.


we are currently focusing on developing asset re-issuance and asset freezing functions, as well as the basic functions supporting digital identity. Our dev goals for the coming quarter are as follows:

- October

· Development and beta testing of Digital Identities

· Launch the decentralized matching orders Metaverse Improvement Proposal (MIP)

· Promote our open source community


· Digital Identity will be integrated into the wallet in the form of an MIP. We are waiting for a large number of test reports from the testnet.

· Metaverse’s matching orders will enter beta testing phase.


· code development related to Metaverse’s consensus mechanism upgrade, asset reissuance, asset freezing.

· some basic digital identity functions will be completed.

A rough outline of our goals for the first half of 2018 are:

Feb 2018: make progress on code development related to upgrades of digital identity functions, Oracle mechanisms for digital identities, asset pledging and digital asset exchange.

May 2018: activate the MIP function if it is able to gain widespread support among the community.

Other information

Metaverse CSR — a visit to Shanghai Children’s Medical Center (SCMC) Metaverse staff visited Shanghai Children’s Medical Center (SCMC) as one of the company’s corporate social responsibility (CSR) volunteer activities on October 12, 2017.

We would launch a new project: Metavese Weekly Express. This express collects novelty or related news of blockchain area. It’s coming soon this week, Stay tuned for us!
We’ve been receiving requests for an AMA. Let us know if you would like one!

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[Tips] How to Move the Metaverse Wallet’s Block Files to Other Drive Letters (Windows version)

  1. Create configuration file mvs.conf in the following directory:


  2. The configuration content for the mvs.conf file is as follows:

directory = D:\MVS\ChainData\Metaverse

20170929181838 - [Tips] How to Move the Metaverse Wallet’s Block Files to Other Drive Letters (Windows version)

You may fill in your own path above. Alternatively, you may download the configuration file from our site. We recommend installing the blockdata-inside version if you are a new user.

Then, copy the %HOMEPATH%\AppData\Roaming\Metaverse directory to the destination directory in the D drive
(the folder must be named Metaverse.)

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 Metaverse Progress Report(September, 2017)


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 which is actively being revised.

Month in Review

Trading Platform

170019zlrjnthtl83yql7y -  Metaverse Progress Report(September, 2017)

Metaverse’s ETP has begun trading on Bitfinex, the world’s largest Bitcoin trading platform. The available trading pairs are: ETP/USD, ETP/BTC and ETP/ETH.

Bitfinex is a cryptocurrency spot trading platform and provides trading, financing and other services. You can access the platform at


Web Wallet Development Progress: this month, we released version 0.7.0 of our web wallet. We’re pleased to announce that it’s our first major update for the wallet with an all-new UI and improved features including:

  • An installation package including a database – reduces sync time
  • Optimized querying and other related functions for accounts with high trading volumes
  • Optimized Mongoose services, speeding up the web wallet
  • Added high-level backups; accounts can now be exported to an encrypted file
  • Reconstructed multi-sig commands, optimizing the output method

Head to for the release notes.

Version 0.7.1 of the wallet will go live next month with the following improvements:

MwooiSG -  Metaverse Progress Report(September, 2017)

  • Resolving issues with ETP locking
  • Miners can determine the mining fee
  • Multi-sig addresses and transactions can be created from the front end
  • Normal and multi-sig transactions will be separated when sending transactions
  • General wallet improvements that will reduce the amount of system resources consumed
  • UI update

Mobile Wallet Development Progress: 2 updates were released for the Android version of our mobile wallet TokenMaster this month. Development is complete for the iOS version, which will be submitted for vetting by the App Store this month.

Other information

Digital Identity white paper:

Metaverse’s digital identity white paper was published this month. Digital identities in Metaverse are built on the blockchain ecology system, and will be able provide verification and authentication services for multiple industries centered around the wallet and Blockchain as a Service (BaaS) concept, by making use of the blockchain’s underlying infrastructure.

You may view our white paper here:

Metaverse Foundation attends the D10e conference in Kyiv, Ukraine:

Metaverse Foundation sponsored and attended the recent D10e conference held in Kyiv, Ukraine, from 16-19 September. Metaverse Foundation’s founder Eric Gu was also in attendance as a speaker.

170146o8nrueqy8vc3yz0z -  Metaverse Progress Report(September, 2017)

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Metaverse Progress Report – August,2017

Progress in Web Wallet

We mainly focused on optimizing our wallet system and the development of new features in August.

System performance optimization

  • Repaired some nonfunctional features (caused by failure to initialize database)
  • Optimized the log system and reduced log size to facilitate user feedback
  • Optimized the execution efficiency of transaction-related queries targeting accounts with large trading volumes (increased about 40 times)
  • High-level account backups (exported to encrypted file)
  • Optimized mongoose services and improved the web wallet’s speed
  • Built a development environment for Visual Studio 2015

111554w9hd3zyqpc6peyv6 - Metaverse Progress Report - August,2017

New features

  • The wallet will run on the back end of the operating system. Users can open or exit the wallet on their taskbar after the application has launched (currently only supported on Windows and OS X.)
  • Multi-signature transactions
  • Subscription to transaction addresses
  • Asset issuance
  • The “send” command for ETP transactions now supports transaction descriptions
  • Production of installation package for Mac system

111748wljblir9riil7lrb - Metaverse Progress Report - August,2017

Note: some of these features are still in the beta testing phase. Follow-up versions are coming soon.

Web wallet version 0.7.0 has entered beta testing and is coming soon.

Mobile Wallet development progress


The Android version of TokenMaster is now available, please visit our official website to download the wallet

112014jvdg340uv46en666 - Metaverse Progress Report - August,2017

TokenMaster is user-friendly, supports multiple chains and currencies, and is compatible with all platforms!

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Metaverse PC Q&A

Note: This documentaiton is applicable to Metaverse PC V0.64-V0.610

Collection and transfer of assets

1. Is there a fee for using Metaverse wallet to raise money?

No charge,each one will be charged 0.0001 ETP Miners fee according to transaction times. For same account, mutual transfers between different addresses will also charge miners fee.

2. If you want to transfer ZGC or ETP How much do you charge for other assets?

Charge 0.0001 ETP Miners fee.

3. When transfer it shows “unable to send”.

Using Metaverse wallet to transfer coins. Each time you have to charge 0.0001etp miners, please check your wallet whether you have Enough ETP to pay for the miners or not.

4. Shows “unable to transfer! not enough balance.

Using Metaverse wallet to transfer coins. Each time you need to charge 0.0001 ETP for the miner's fee, please write the amount of the converted currency.
Make sure you have at least 0.0001 ETP remaining in your wallet.

5. The assets in the account are shown as 0, Money is not received in the wallet, after resynchronization the assets in the wallet become less.

Because the synchronization has not been completed, so the asset is not displayed, please be patient to finish synchronization.

Installation and synchronization

1. Why there is no version for windows32 ?

The system is currently having compatibility issues and is still being debugged, so there is no formal release yet.

2. What to do when the program opens and flashes back?

First, make sure you have your wallet private key saved (Mnemonic , a total of 24 English words) If you have lost your wallet, please key, please contact customer service first.




How to make it: please copy and link in the gray box on your computer system and paste it to the address of your computer column, as shown in the following picture:

112832vzgb7m1czv71s2v3 - Metaverse PC Q&AAfter carriage return, displays the following interface.
112852p12h1gkz1p3ah5ar - Metaverse PC Q&APlease delete the first file mainnet, then open the synchronization program and restart the synchronization.

3. mvsd.exe The program turned on and the computer crashed.

This is because synchronous programs require large amounts of disk when initialized, and your computer opens too many programs, accounting for disk.
The rate of use is too high, causing the computer to crash. Please shut all other computer programs except mvsd.exe and then open the synchronization program.

4. Sign in shows “Invalid login voucher”

Maybe because of these reasons:

  1. Using a browser cache account and password.
  2. Account or password error.
  3. Account or password already invalid (This happens when you change your computer or reinstall your program).

Solution: first try to clear the browser data, manually enter the account and password, if not successful, restart the synchronization program and Wallet page. If you still cannot login, re enter the account number (new account username, preferably with the original account No.same) and import the private key of the original account.

5. Cannot import private key.

It may be that the username of the new account is the same as the user name for the original account you want to import. Please change the user name.

6. Security software indicates that cockhorse or virus / synchronization program is automatically deleted by security software.

Indicates that the virus belongs to security software. Please select the trusted synchronization program. If the synchronization program is considered as a disease by the security software
Poison accidentally deleted, please set the trust in the security software in the synchronization process.

360 operation method: open 360 security guards, click on the lower left corner of the protection center, and then pop up an interface. There is trust and obstruction in the upper corner. When you get in, delete the sync file and click trust and restore.

7. After importing the private key of the original account, the address of the original account is lost Maybe because of these reasons :

New account address is insufficient: Click “Create new address”.

Create a new address or apply again.

The account imports the private key and fills in a larger address amount (such as 100)
Account import private key.

The private key is incorrect.

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Metaverse Progress Report — July,2017

Web Wallet Development Progress

New version is available

Version 0.6.10 of the Metaverse Wallet was released on July 20. The new version has optimized performance and newly added features.

o Optimized query performance
o Optimized network traffic
o Repaired failure to send transactions
o Repaired compatibility issues for various Linux distributions
o Added a multi-signature function

For more information regarding the Release Notes, please visit

White Paper update

A segment on Blockchain as a Service (BaaS) has been added to the White Paper. White paper download: http:

Product interface design

Web version interface preview
xvsBkVM - Metaverse Progress Report — July,2017pwmSuaj - Metaverse Progress Report — July,2017

Mobile wallet development progress

Metaverse will launch a mobile wallet which supports a variety of mainstream currencies including ETP. In July, we completed most of the mobile wallet research and development. Please anticipate its launch.

Interface preview:

Ue6nOTg - Metaverse Progress Report — July,2017jBCSBow - Metaverse Progress Report — July,2017pwmSuaj - Metaverse Progress Report — July,2017

Block Explorer Optimization

A hash rate and difficulty display has been newly added to the block explorer, as well as transaction confirmation number and unit precision adjustment. The block explorer address is!/.

Progress in marketing and operations

Arch Summit

In July, Metaverse CTO Chen Hao led a team of Metaverse’s core developers to attend the Arch Summit Global Architect Summit held in Shenzhen. During the event, the CTO delivered a speech titled “Public blockchains and Blockchain as a Service (BaaS)” and shared about Metaverse Blockchain’s technology practices as well as the new architecture of blockchains in the future.

fuD5DVX - Metaverse Progress Report — July,2017G0Rj00L - Metaverse Progress Report — July,2017

Please download the speech PPT on

Developer Q&A

Metaverse CTO Chen Hao conducted a special Q&A session targeting the Metaverse community and WeChat users on July 13 and received many deep questions and constructive suggestions. Please visit to view the Q&A content.

Overseas social media platforms set up

Overseas social media platforms including Twitter, Reddit, Facebook, Vimeo and Slack have been set up to facilitate closer interaction with overseas developers and activate development potential worldwide.
Metaverse has launched the English version of its forum, and the address is:
https: //

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Metaverse Development Report – June, 2017

Development and operation progress

Version 0.6.9 of the Metaverse Foundation Wallet was released on the 15th of this month. The Release Notes may be viewed here:
The following is the progress made by Metaverse developers this month:

Full Node Wallet

  1. Optimized node broadcast performance, Github Issue 18.
  2. Solve issues with failure to broadcast transactions.

According to user feedback, transaction broadcast failures appeared frequently in v0.6.9. Thus, v0.6.10 will mainly address this issue.

  1. Re-designed the product interface.

New web interface preview:
20170630135211 - Metaverse Development Report – June, 201720170630135347 - Metaverse Development Report – June, 201720170630170936 - Metaverse Development Report – June, 2017

We have optimized the new UI based on different users' usage frequency and have readjusted its display and layout to improve user experience.

Mobile interface preview:
20170630175505 - Metaverse Development Report – June, 201720170630135057 - Metaverse Development Report – June, 2017

  1. Visualization and statistics for global active full nodes.
  2. Improved unit testing code.
  3. Continuous integration of Github configuration.
  4. The new version supports a one-click set-up package.
  5. Newly added Metaverse Wikipedia:
  6. Bitcoin wiki added a new link about Metaverse Foundation:
  7. BBS prized community activities:

Light Wallet

Metaverse Foundation’s Light Wallet is at the product design stage.

While the core development team of Metaverse Foundation develops the Light Wallet, the community can also participate in the development process. Metaverse Foundation will give reward to developers based on product design.

Functional enhancements for block explorers
1. Function to report main network anomalies
2. Function re-adjustment and enhancement

While the core development team of Metaverse Foundation develops the Light Wallet, the community can also participate in the development process. Metaverse Foundation will give reward to developers based on product design.

MIP-Metaverse Improvement Proposals

See Github Repository

The new version’s protocol considers adding the two functions below:

  1. Providing a secondary issue function when assets are issued.
  2. Assets can be frozen during asset transfers.

For such MIPs, follow-up MIP research reports will be provided.

While the core development team of Metaverse Foundation develops the Light Wallet, the community can also participate in the development process. Metaverse Foundation will give reward to developers based on product design.

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