  Ⅰ. Research & Development    MainNet Optimization: Maintenance and Optimization of HPB MainNet   1. Supported the Community to update their BOE binding addresses and completed the execution of Node Plan V8.0 successfully.   2. The latest version that fixed a number of issues from the Nodes will go into final test. This new version will be released officially in August.   3. Monitor the MainNet's stability, which has been improved by 50% over the previous period. (Currently, the blocks with a difficulty value of 1 on the MainNet has decreased to 18.5%, which was around  40% previously.)       Confidential Computation: Drive Zero-knowledge Proofs forward   1. Completed the upgrade of HPB's web3 to support various instructions.   2. Partially completed the confidential smart contracts, which already supported deposit, withdrawal, transfer and other functions.   3. Partially completed using hardware to accelerate the zero-knowledge verification process.   4. Demonstrated the feasibility of implementing DeFi with a confidential smart contract.       Product: Distributed Hardware Random Number   1. Researched the feasibility of combining Ethereum and HPB Hardware Random Numbers.   2. Determined the optimization roadmap for HPB Hardware Random Numbers V2.1.   3. Partially completed the economic model for integrating HPB’s HRNG with Ethereum.        II On-going projects    GoToken Community Governance-Testing and Acceptance of the multi-signature voting function.   1. Completed the development of HPB wallet's multi-signature voting function on IOS and Android devices.   2. Completed the testing of Gotoken multi-signature contract.   3. Completed scenario test of multi-signature voting in the process of voting for GoToken proposals.   4. It will be available to users in August.       The top 5 Dapp game "Coin Voyage" will be live on  HPB Wallet.   1. Based on friendly communication, HPB has reached a partnership agreement with Coin Voyage in July.   2. Technical docking and functional testing are underway.   3. Coin Voyage shall be live on HPB Wallet in August, and an online AMA will be held at that time.       Upgrade and optimization of HPB Wallet   1. Completed the development of using cold wallet signature for staking and the optimization of related functions.   2. The Wallet entered the functional test and acceptance phase.   3. The latest version shall be launched officially in early August.        Optimization of the HPB Blockchain Explorer   1. Analyze the reasons and solutions for occasional missing/out of order transaction data on the Explorer.   2. The new version that solved the issue of account missing transaction data is undergoing verification testing, which will be launched soon.        III  Operation    1. HPB attended the Hangzhou Blockchain Week   In July, HPB was invited to the  Hangzhou Blockchain Week by the organizer 8btc. During the Blockchain Week, HPB team was invited to participate in the livestream program of WEX Exchange, and HPB Partner Jason Hu introduced HPB's blockchain solutions combining hardware and software, and the HPB hardware random number products. Beside this, HPB team also communicated with HPB community members face to face in the HPB meetup. During Blockchain Week, HPB talked in-depth with various blockchain projects. In future, HPB team will build more constructive partnerships to promote the sustainable development of the HPB ecosystem.        2. HPB Node Plan V8.0 was successfully launched.   With diligent team work, HPB Node Plan V8.0 was successfully launched and is running smoothly. And well-known key opinion leaders and mining pools were invited to participate in the node plan, including Yuzhu Node, Consensus Lab, 8btc Mining Pool, Huobi Mining Pool.       3. HPB listed on BiKi Exchange and WBF Exchange.   In July, HPB got listed on two exchanges, BiKi Exchange and WBF Exchange. These two exchanges are well-known in China. BiKi is an exchange with a Jinse Finance background, and WBF is an exchange that has developed very rapidly recently.   Meanwhile, HPB had done multiple marketing activities around the two exchange listings, including an online AMA with Yuzhu Studio,  lottery draw based on HPB hardware random number,  HPB airdrops and various campaigns in the two exchanges' communities, which helped to drive the HPB price up by 15%.       4. Multiple lottery campaigns based on HPB Hardware Random Numbers.   2020 is a year for HPB hardware random numbers to gain steam. In July, we held multiple lottery campaigns based on HPB Hardware Random Numbers. HPB Hardware Random Numbers can guarantee the game's fairness and authenticity, which let the users experience the hardware random numbers' utility and recognize the vast space for its application.   In the future, HPB will focus on the applications and promotion of the HPB Hardware Random Numbers. Together with the community developers, HPB team will be dedicated to developing the potential market for HPB Hardware Random Numbers. Moreover, HPB Foundation will provide a marketing budget of 1 million HPB for HPB Hardware Random Numbers, and Blockchain geeks in the community are also welcome to join the campaign and help verify the reliability of HPB Hardware Random Numbers.       5. Who made the "first blockchain solution combining built-in software and hardware accelerator globally"?   On July 23, AntChain (formerly Ant Blockchain) under the Ant Group, the parent company of China’s largest mobile payments business Alipay, officially launched AntChain Station, which claimed to be "the first blockchain solution combining built-in software and a dedicated hardware accelerator globally".       In response to this, HPB noted that, “This false PR Campaign by AntChain completely disregards the facts. It has seriously violated the rights and interests of the HPB Blockchain, and we reserve the right to pursue legal actions.”        As early as 2017, Xiaoming Wang, the Founder of HPB, had already mentioned  "the world's first software and hardware blockchain solution". In 2018, HPB released the Blockchain Offload Engine (BOE) - the world's first independently developed hardware accelerator to effectively integrate software and hardware for powering a blockchain, as well as the HPB’s Hardware Random Number Generator.       

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