Newton Weekly | 2020.06.22-2020.06.28

❏ Technical Progress


Smart contract development completed for newton 2.0.

Newton 2.0 App client UI development completed.

Newton 2.0 Back-end is developing.

Newton 2.0 consensus mechanism is under improvement.

NTTF(Newton Tokenizing Task Force):

NEP-20 to 24(NEAT:Newton Encoded Asset Transcation)draft proposal passed by vote.

NEP-12(NewOrg)draft proposal passed by vote.


Token page and node election page is under design.


Business development of NewChain-powered Blockchain Invoice Technical Solution is ongoing.


Technical Development for NewChain opening is ongoing.

❏ Team News

1. On June 27th, Newton founder Xu Jizhe, NewFund head Jiang Tao, Newton CTO Liu Qingyan, founder of ‘Well-Being community’ Fana Xiaoyan attended an online meeting to discuss the application of Newton APP in  ‘Well-Being community’ .

Fan Xiaoyan introduced the achievement of the live broadcast platform of “Well-Being”. After three months of experimentation, it achieves good results, and the audience continues to grow. Ready to start the membership-based knowledge payment service, and provide services to millions of users through the host matrix and the sharing economy model, exploring the benefits of useing of blockchain technology to guarantee the reward of  hosts.

2. On June 28th, Newton founder Xu Jizhe, Newton CTO Liu Qingyan, technical team, Yunnan Guorong Zhichuang Technology Industrial Park Management Co., Ltd. management team attended an online meeting to discuss potienal cooperation. Newton technical team demonstrated to Guorong Zhichuang team the Newton blockchain invoicing solution and the technical reserves of digital government affairs.

Guorong Zhichuang is the construction unit and operating unit of Yunnan Guorong Zhichuang Artificial Intelligence Industrial Park. The industrial park is a platform for building an "artificial intelligence +" industrialization commercialization laboratory, an incubator for enterprises in the field of artificial intelligence and a space for maker spaces, combining industrial capital and industrial talents.

❏ Community News

1. By the end of last week, there were 57 Newton community candidate nodes, and the number of elected nodes was 50. The amount of NEW locked in nodes exceeded 8.79 billion, hitting a record high and keeping growing.

2. By the end of last week,NEW had more than 724,700 addresses and NewTax had collected more than 29.388 million NEW.

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