Progress Report July 25-Aug 1

Key points:

• Exclusive Twitter Space with Jon weir, the founder of RYI Unity
• REI Network partners with AlphaGPT to fortify crypto trading’s future
• Partnership with SFT Protocol, TechRight, and Octopus Global

A. Product Development Progress

REI-CORE

-Preview the mainnet upgrade process @100%

-Investigate the Fraud Proofs challenge mechanism

-L1 contract commitBlocks operation analysis

-Modify block size statistics script @50%

REI-DAO

-Debug snapshot sync bug @80%

-Test validator upgrade @100%

-Fixed the problem of Snap validator failing to generate Snapshot @100%

-The new validator program is released, which supports specifying BLS parameters in the startup command line @100%

B. Operational Progress

• We had an exclusive Twitter Space with Jon weir, the founder of RYI Unity last Thursday. The two projects discussed everything about REI Network x RYI Unity partnership and how we move the DeFi space forward. Missed it? You can always listen: https://twitter.com/GXChainGlobal/status/1684766095826370560.
• With the shared vision of fostering secure and regulated environments, REI Network and AlphaGPT are poised to build a future where trading, investing, and blockchain interoperability converge seamlessly. Through this partnership, users on the REI Network platform gain access to AlphaGPT’s advanced trading algorithms, empowering them to optimize their investment strategies and potentially generate higher returns. At the same time, AlphaGPT benefits from the scalable and developer-friendly environment provided by REI Network, enabling them to enhance their trading technology and expand their user base. Details: https://medium.com/gxchain-project/rei-network-x-alphagpt-empowering-the-future-of-crypto-trading-d64f913d63be.

C. Ecosystem

• REI Network is excited to announce our partnership with SFT Protocol which provides LSD products that focus on storage and computing blockchains, such as Filecoin, among others while building Web3 infrastructure ecosystems. REI Network and SFT Protocol will foster a developer-friendly environment where innovators can access robust storage, computing, and Web3 solutions in one cohesive ecosystem, streamlining the development process and enhancing efficiency. Integrating SFT Protocol’s storage and computing capabilities with REI Network’s lightweight and high-performance framework, developers and users can enjoy enhanced scalability and reliability!
• We are excited to announce REI Network’s new partnership with Octopus Global, the world’s top digital asset derivatives service platform. Through this partnership, we aim to expand our networks for growth. Details: https://twitter.com/Octopus__Global/status/1684783290711162880.
• We are thrilled to announce our strategic partnership with TechRight. TechRight is a leading smart contract audit firm to ensure the integrity of smart contracts with our cutting-edge Web3 audit solutions. SmartContracts are crucial in WEB3, REI Network will ensure the integrity of the smart contracts with their cutting-edge Web3 audit solutions. Details: https://twitter.com/Laika_ai/status/1677278610267455489.

Join the REI Network Community

REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free and dev-friendly. REI Network is to effectively solve the current high-cost and low-efficiency problems of public chains. Therefore, REI Network can achieve free, low-cost development, and rapid migration of applications, and can be shared and symbiotic with the EVM ecosystem, also supporting the development of Defi, GameFi, and NFT.

Users can access the REI token on:

Binance | Huobi Global| Upbit | Bithumb | Bittrex

If you are interested in participating in our community and receiving timely updates from the following official channels:

Twitter | Telegram | Medium |Github | Reddit | Website| Discord

Exclusive Twitter Space with RYI Unity, Partnership with AlphaGPT, SFT Protocol, and Octopus was originally published in REI Network Project on Medium, where people are continuing the conversation by highlighting and responding to this story.