Penta（PNT）Monthly Progress Report: September 1–30, 2018

【Technology Development】

Penta Chain

1. Complete the integration and debug of the wallet components, API components, consensus components, and consensus governance contract components;
2. The development of the RPC API test cases related auto-execution program is completed;
3. Complete the adjustment of the system contract code according to the new stateDB API;
4. The DSC consensus process has been developed using an independent P2P broadcast network channel, and the initial test is working;
5. The development of the incentive code is completed;
6. Basic code review, the current progress is 20%.

PC wallet component and graphical interface

The development of the PC wallet graphical interface component is proceeding as planned. This month’s main task is to link the interface of the wallet graphical interface with self-testing; the current overall progress is 80%:

1. The voting, proposal and transfer module interface docking is completed in the wallet graphical interface;
2. The account import and account export module of wallet graphical interface in RPC mode are docking, overall progress is 90%;
3. The wallet graphical interface in IPC mode is under testing with a progress of 50%;
4. Start the development of penta-js-sdk in WebSocket mode.

Penta blockchain explorer

This month, the blockchain explorer has been completed according to the plan. The current overall progress is 97%:

1. Complete the Java version development and testing of penta_sdk
2. Complete blockchain explorer development and testing
3. Complete the main chain RPC, WEBSOCKET interface joint test
4. Start page display information tuning
5. Start verification of blockchain process information
6. Start verification of the security and robustness of the system

【Ecosystem Layout】

September 6, 2018 (Virginia): Penta CEO David Ritter was invited to meet with the USA Rice Federation in their Arlington, VA office, and discussed how Penta can use the application of blockchain technology for the rice supply chain in the U.S.

September 6, 2018 (New York City): Penta had a New York Community Rooftop Party to promote Penta Labs. Penta CEO, David Ritter, and Penta Labs founder, Roy Liu, attended the party and met with the new Penta New York Community Ambassador. David and Roy were happy to join in substantive discussions regarding blockchain technology, and U.S. regulatory policy in the crypto markets.

【Activities Review】

September 7, 2018 (Paris): Penta Business Development Director, Florie Zheng, was invited attended the OECD Blockchain Policy Forum in Paris, France, where she was honored to speak with world leaders at the event including Prime Minister of Serbia, leaders from the World Bank and French Treasury, and the Secretary of the OECD.

September 14, 2018 (Seoul): Penta CEO David Ritter was invited to attend the 2nd Huobi Chain Developers and Engineers Meetup, held in the Gangnam district of Seoul, South Korea. He represented the Steve M team, including Penta Co-Founder Dr. Steve Melnikoff and other leaders in blockchain. David was voted the top presentation of the Huobi Chain conference by live audience voting.

September 20, 2018 (Los Angeles, California): Penta signed a strategic partnership agreement with famed Hollywood company, Union Editorial. Union has for decades been a major force in editing commercials and feature length films, including Emmy winning commercials. With this agreement, Union has joined the Penta Enterprise Community, through which vehicle Penta will extend its blockchain expertise and products to a number of targeted industries. Penta CEO, David Ritter, joined Penta Ambassador, Alan Finkel at the signing. David said “We are honored to enter into this partnership today, and to work with Union Editorial to develop and launch an innovative blockchain product that I am highly confident will disrupt an important part of the filmmaking business.”

September 27, 2018(Hainan, China): Dr. Steve Melnikoff attended the Huobi Chain competition finale in Haikou, Hainan. Going into the competition, Dr. Steve was part of the top ranked team. The event was attended by some of the biggest names in blockchain. Dr. Steve met with Huobi founder, Li Lin, Huobi China CEO, Hubery Yuan, the investor and blockchain advocate Jeffrey Wernick, among others. Dr. Steve was warmly received by the audience when he took the stage at the event.

September 28, 2018(EST), Penta CEO David Ritter and Penta Business Development Director, Florie Zheng, were invited to the United Nations in New York to attend panel hosted by the Mission of Georgia on “Blockchain as an Innovative Financing Mechanism.” The dialogue was co-hosted by the Mission of France, and attended by representatives of the Japanese, South Korean, Lichtenstein, and other U.N. missions. Penta’s recent invitations to the U.N. and OECD demonstrate that Penta is active on some of the world’s the highest international stages, receiving recognition by important geopolitical bodies.

【Community Building】

1. Community Activities

【Live broadcast】

This month, Penta CEO David Ritter conducted two live broadcasts with Chinese community fans on the streaming platform Yi Zhibo (ID: 132642867). The broadcasts focused on Penta’s monthly progress report for August, 2018, and a biweekly biweekly progress report on the evening of September 17, attracting 300,000 views. David’s regular broadcasts follow his commitment to bring regular updates to the Penta community. He will continue with the September monthly progress report with a YouTube video in English and a live broadcast to Penta’s Chinese community on Sunday, September 30. Please be sure to check Penta’s official YouTube channel and/or Yi Zhibo to get the latest updates on the Penta Network!

【Chinese Telegram group】

This month, Penta’s Chinese community hosted two events: 1) Penta Trivia, Repost Competition, and Lucky Draw for Prizes; and 2) The second phase of “Penta’s community task project”, which attracted positive responses from nearly 5,000 fans.

【Wechat Group】

This month, Penta’s Chinese community held a two-day airdrop to celebrate Penta’s move to the global station of Huobi, covering 2,000 people. During the traditional Chinese Mid-Autumn festival, Penta Chinese community also launched the game called “winning the Mid-Autumn festival gift package” to celebrate reunion, attracting more than 1,000 people to participate.

【English Telegram Group】

This month, Penta global community launched the event: “UP UP UP! Share million PNT and support Penta on Huobi Global.”More than 200 people participated.

【Extra】

This month Penta registered a new official Facebook page (Go Penta), and its first official Instagram (penta_global). Please follow us on these platforms!

2. Community Growth

（1）

Wechat Public group added 483 people

Sina Weibo added 119 people

Twitter added 271 people

Facebook added 92 people

Medium added 68 people

Reddit added 133 people

Instagram added 50 people

（2）

Penta’s global community: 26,660 active fans.

Penta’s Chinese community:

Penta’s Chinese Telegram group currently has 4,504 fans.

Penta’s community includes 118 wechat group with 50,233 active fans.