150th Weekly Report of Molecular Future

4 min readDec 7, 2020

Hello, friends of Molecular Future:

Here comes the 150th issue of Molecular Future Weekly with the continuous reports of industry news and hot topic. The “Alpha Strategic Quantitative Fund” has ended its subscription on November 13, and the current net value income is 1.0760. For more details, please check the official notifications.

Recommended Fund this week

Alpha Strategic Quantitative Fund

Subscription time: 2020/11/3 10:00 (HKT)

Quantitative Strategy: Alpha Strategy (Conservative)

Purchase Limit: 50,000 USDT / person

Expected Return: More than 10% annualized rate of return
(The expected return is calculated based on the historical performance of the strategy and does not represent the final return of the fund.)

Keep up with Molecular Future

The Alpha Strategic Quantitative Fund has ended its subscription on November 13 and entered the return period. As of December 6, the latest net value of Alpha Strategic Quantitative Fund is 1.0760.

As of December 6, the block height of the MOScan blockchain explorer has reached 9.7 million, and the TPS is stable at 1000+, peak at 1500+.

Tech Development

APP

Fixed bugs

Optimized the activation process

Optimized server data synchronization process

Optimized architecture and efficiency tuning

MOS Financial Public Chain

Optimized the consensus algorithm based on the principle of distributed consistency

Optimized on-chain resource usage collection and analysis services

Conducted risk tolerance testing of extended features

Blockmeta database module code finishing

Completed VRF transaction confirmation test

Optimized and upgraded consensus mechanism

Optimized the acquisition of news about VBFT consensus proposals

Data display and filtering logic optimization of transfer module

Optimized tree graph advanced consensus algorithm

The block height has reached 9.7 million

Industry Information

Citi CEO: Citi is helping governments create digital currencies

According to reports, Citigroup CEO Michael Corbat stated that his bank is helping governments “all over the world” create a sovereign digital currency, also known as the Central Bank Digital Currency (CBDC). Corbat said that CBDC is the “inevitable” development of the currency future, and Citigroup is helping to realize this future. He said that in the creation and commercialization of sovereign digital currency, Citi has been cooperating with some governments around the world.

Pakistani provincial government legalizes cryptocurrency and mining

According to reports, Pakistan’s Khyber Pakhtunkhwa province (Khyber Pakhtunkhwa) has passed a draft resolution to legalize cryptocurrency and cryptocurrency mining. Sumera Shams, member of the Provincial Assembly (MPA), claimed that this move will put the country in a better position in the competition in the digital world. The country’s cryptocurrency advocate and TV host Waqar Zaka said that he will travel to Balochistan and Punjab in the near future to help pass the cryptocurrency-friendly bills in other provinces of the country.

App Data Overview

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

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