Newton Weekly | 2020.06.08-2020.06.14

❏ Technical Progress


Reviewing of Newton 2.0 interface completed.


NewPay has been updated version 1.5.9, with impoved captcha verification method and improved process of mnemonic verification, added support for internal transaction display and for Newton DApp calling on NewPay's signature, etc. .


Sorting NEAT(Newton Encoded Asset Transaction) files and distibuting NEW Number, ready for submmitting.


The business docking of blockchain invoice technology solution is in progress.


NewChain Open technology solution is in progress.

❏ Team News

On June 12th, Newton founder Xu Jizhe, Newton Foundation director Jiang Tao, Newton CTO Liu Qingyan, Newton Dream Community founder and some members attended an online meeting to discuss the optimization of mechanism design of Newton 2.0.

Newton 2.0 will enable the concept of the Newton universe and will open up machine nodes. Individuals can not only create a decentralized identity NewID, but also create human nodes (NewOrg) or run machine nodes (NewPlanet). Newton 2.0 will be more open, facilitate more people to participate in Newton's infrastructure construction, and start businesses based on Newton.

❏ Ecosystem Progress

​​​​The local service provider platform "NewPai" based on the public chain NewChain, which is jointly created by Saichuang gravity team and Newton community, was officially put into development, and it is expected to be launched before the National Day.

It is different from the service provider platform in the traditional internet model. "NewPai" is not a centralized network platform. There is no middleman to control data ownership and make profits, only the promotion personnel, merchants, and consumer nodes.

In the "NewPai" system, the Newton App will be used to tokenize merchant coupons, relying on the Newton global community to confirm the rights to form digital assets on NewChain, which is more secure and transparent. Everyone can be a consumer, a push customer, or a merchant, and can integrate multiple identities into one to obtain income from promotion and investment promotion.

❏ Community News

1. By the end of last week, there were 54 Newton community candidate nodes, and the number of selected nodes was 49. The amount of NEW locked in nodes exceeded 8.43 billion, constantly growing.

2. By the end of last week,NEW had more than 723,370 addresses and NewTax had collected more than 29.388 million NEW.

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