Weekly Report — July 22, 2024

1. Transaction Processing Optimization

We’ve introduced a read-write set mechanism into the transaction processing flow. This involved designing and implementing a read-write set data structure, integrating the collection and validation of read-write sets during transaction execution. We’ve conducted preliminary performance tests to evaluate the impact of this new mechanism on transaction throughput.

2. Gas Fee Mechanism Adjustment

We’ve transitioned the Gas charging method to a UTXO model. This required redesigning the Gas calculation logic to accommodate the UTXO model and updating the smart contract execution environment to support the new Gas fee mechanism.

3. Continued Optimization of the Underlying Data Engine

We’re continuing to optimize the underlying data engine and improve the mechanisms for utilizing low-level data.