“Rocket Plan” Second Shot: Bithumb Accessing R1 Protocol

Weekly Report on ONEROOT Project (2018.09.29–2018.10.05)

1. “Rocket Plan” Second Shot had been unveiled this week
ONEROOT and Bithumb has signed a formal cooperation agreement that Bithumb accesses R1 Protocol, working together to build decentralized exchanges,which is the first time that the decentralized transaction protocol services the world’s leadign centralized exchange.
With the unique structure of R1 Protocol, Bithumb and all R1-based exchanges can share order data and liquidity. This can provide users with better trading depth and better experience, and form a global distributed business system.

2. Advance notice for the public share in social community
On Oct 9th, ONEROOT CEO Sun Yingjun will appear in the community, and share with the audience on regard with the topic”Bithumb and ONEROOT strategic cooperation”.
Why does Bithumb choose ONEROOT? What makes R1 Protocol so different? What kind of cooperation will the two sides have in the future? We believe our friends will be curious of these questions.Please click “Read the original article”, and tell ONEROOT what your problem is. ONEROOT CEO Sun Yingjun will answer your questions in person on Oct 9th .

3. Bithumb.io is about to release recently

DEX, the decentralized exchanges of Bithumb, will be launched recently.Based on Ethereum, DEX is a decentralized decetralized exchange, featured with chain order relay, settlement on the chain, auditable transaction records, decentralized asset custody and other functions. Compared with centralized exchanges, DEX, of whcih the core is R1 protocol provided by ONEROOT, makes the assets safer and transactions transparent.

4. More elites joined “ONEROOT Project”

Jenny, used to be a translator to political and business executives, is highly proficient in Japanese and Korean. She had worked as a section chief in the Consulate General of the Republic of Korea in Shanghai for 7 years, also acted as a division director in LG company for 6 years, and worked as a top executive in Greenland Group. She had also been a Korean teacher in Shanghai International Studies University. In her spare time, she translated and published many Korean-Chinese books. Currently, she takes charge of Korean section in ONEROOT.

Ryan, who had been a system engineer for many famous listed companies, has five-year experience in system management and database operation and maintenance, 3-year experience in Public Cloud and virtualization management and deployment and 3-year experience in OpenStack deployment. Currently he acts as an operation and maintenance engineer in ONEROOT.

R&D progress
[R1 optimization] Added mail biding and subscription

[R1 optimization] Optimized order cancellation process

[R1 background] Adjustment on Banner and announcement function

[R1 background] Adjustment on admin account role permission

[R1 background] Added Base Token management

Back-end commit: 37

Front-end:
[ROOTREX WEB optimization] Translation modification
[ROOTREX WEB optimization] Optimized font display for each page

[ROOTREX WEB optimization] Compatible IE

[ROOTREX WEB Bug fix] Fix image display problem on help page

[ROOTREX MOBILE optimization] Optimized the wallet switching logic on asset page

[ROOTREX MOBILE optimization] Optimized transfer interface of wallet

PC commit: 32

APP commit: 21

[ROOTREX WEB use case execution] 100% of the functional test on the website introducing R1 protocol

[ROOTREX Back-end use case execution] 90% of operators back-end transaction related functional test is completed

[ROOTREX Back-end use case execution] 70% of Admin back-end transaction related functional test is completed

[ROOTREX Back-end use case execution] 50% of operators back-end transaction related functional test is completed

[ROOTREX Back-end use case execution] 50% of Admin back-end non-transaction related functional test and regression testing is completed

[ROOTREX Back-end use case execution] 30% of operators non-transaction related functional test is completed

Added BUG: 92 Fixed BUG: 59

- About ONEROOT Project-

Upholding the concept of consensus, co-build, sharing and win-win, ONEROOT has built a distributed business engine, established a new type of collaborative relationship of cooperation and common development. Through a series of crypto asset infrastructure construction, ONEROOT helps resources (software, hardware, manpower, etc.) circulate inside and outside the industry quickly, improves the utilization efficiency and promotes the development of the entire industry. At this stage, as a blockchain technology service provider, the main goal of ONEROOT is to create a secure, transparent, open and friendly distributed cryptocurrency trading system, and return the right of trading to the community.

Related links:

Official website: https://www.oneroot.io

Weibo: http://suo.im/5jj05M

Twitter: https://twitter.com/OneRootNetwork

Medium: https://medium.com/@oneroot

Rootrex DEX: https://www.rootrex.com

R1 protocol: https://www.r1protocol.com

Official QQ group: 6644849

Official WeChat account: oneroot_admin