Weekly Report

With the development and expansion of Ladder Network in construction, Community of Ladder Network is also trending. In order to better show global ladder community to supporters, followers and attract more ladder ecological builders, this paper summarizes the recent developments and anticipated activities of ladder.

Technical Development

[infrastructure]

1. Designs Ladder - Ethereum light node cross-chain bridge . (In progress 60%)

2. Replaces the SPEC initialization variable mode to implement the Runtime mode initialization. When the chain upgrade is implemented, the common attributes can be modified. E.g. Generation of block’s time can be modified. (Completed, 100%)

3. Adds the on-chain storage function to verified nodes,  And they can be added and modified.(Completed, 100%)

[ component layers]

1. Implements the Ladder Runtime upgrade function. (Completed 100%)

2. Implements economic model of Ladder token pledge. (Completed 100%)

3. Implements Ladder Bank’s module automatic retrieval tool. (Completed 100%)

4. Updates Ladder Bank’s modules, and fees function is implemented. (Completed 100%)

5. Develops introduction document, node campaign rule document, and function development of Ladder NPOS. (Completed 100%)

[ wallet ]

1. Implements Ladder WEB wallet user documents. (Completed 100%)

2. Implements Ladder WEB wallet token mortgage voting documents.

(Completed 100%)

[ browser ]

1. Implements Ladder browser user documents. (Completed 100%)

2. Development and integration of ladder blockchain browser. (Completed 100%)

Market Dynamics

1. The AICOIN data platform includes LAD currency information on July 31. For more details on LAD please visit AICOIN :

https://www.aicoin.net.cn/symbols/mxcladusdt

2. LAD launched the CITEX main board trading area,  and opened the LAD/USDT and LAD/ETH trading pairs on August 1st. After launching, it was invited into the third CIC quality project zone on August 2nd.

3. “Next Opportunities of Public Chain in 2019”, the fourth season of Crypto Channel hosted by TrueChain, Ladder Network, VNT Chain, TO THE MOON, Crypto Bear, and Ladder Fans, was successfully held on the afternoon of August 2nd. SHIN, the co-founder of Ladder Network, discussed “Next Opportunities of Public Chain in 2019” with Dr. Huang, the founder of Yunphant Blockchain. This event has attracted a large proportion of blockchain fans joined, and several medias promoted the event.

Media and Community

1. By following the “ladder fans”, it will provide information on cross-chain and give in depth idea of related technology or application. Ladderfans will constantly give updates to the community. Anyone who has interested in cross-chain knowledge, tech-fans, or blockchain fans are welcome to join! Please scan the follow links to join Ladderfans!

2. Scan the QR code below to enter the community. Ladder Network is carrying out community co-builder recruitment to recruit interested individuals to build the community together. Those interested should click the link below for details:

https://mp.weixin.qq.com/s/PvKSqPAsopPaqQyWj5MwWQ

3.  Ladder Network cooperated with CRYPTO GEEK, Polkadot community and enthusiasts to build "Polkafans Community" , and recruit first batch of content volunteers. Those who interested in it can follow below Id in Wechat.

ID: Ladderguanfang 

4.  Through the continuous efforts of ladder community volunteers, currently there are more than 155 communities of Ladder Network fans, covering more than 30,000 people, and more than 17,000 members of telegram group.