🌐In any DLT, regular checkpoints are crucial for consensus. Introducing: Slot Commitment Chains on #IOTA 2.0! These cryptographic commitments sync ledger data among nodes, compressing it into local snapshots while pruning unnecessary info. Let's dive in! 📽️+🧵🔽
GM 🌅 #IOTA Fam 🤖,
it’s time for another update on the development of #IOTAcore, the IOTA 2.0 node protocol.
Things continue to progress at a fast pace but the way of working has been changing slightly.
Feature completion is not the challenge anymore🏁
Let's have a look 👀
In my last development update on 𝕏 we discussed how the team planned to roll out the iota 2.0 nore protocoll.
I recommend to read the tweet in order to understand how the different development milestones come together.
https://t.co/FIBncw3Npg
TLDR: IOTA 2.0 with PoA consensus was super close to beeing feature complete. IOTA 2.0 with dPoS consenus had a few features left that haven't been integrated yet.
Well that has changed. We have reached (initial) feature completion with IOTA 2.0 running on PoA as well as running on dPoS.
If you check the latest dashboard of Milestone 1.1 (IOTAcore Node protocoll running with dPoS) on GitHub you can clearly see, that since this week there a no Issues left to be adressed.
So as announced the team would be ready to release a testnet running with dPoS as soon as every piece falls into place.
As @qaiza_ pointed out on my last update, it has been confirmed by the team that they will skip a release with PoA, since dPoS should be ready whenever they want to launch the testnet.
But as always, i want to remind you that we aren't there for a testnet yet. There is loads to do in order to get the protocoll in a releaseable state. We need to geth through the "hardening phase".
In the beginning i said the way of working has slightly changed and this is indeed the case. The team really moved on from pushing features towards testing every possible edge case and fixing upcoming bugs.
Most of the upcoming Issues, that are added to the release candidate milestones, have a debugging log and a short descrption of the error attached.
GitHub Issues don't describe features or complex mechanisms anymore but describe a bug. A good example is the Issue below recently raised by
Overall the GitHub activity gets even more dynamic. More Issues are raised and resolved in even shorter time than up to now.
Furthermore we see some of the tidious ToDo-Issues adressed. A clear sign the developers don't have any excuses to avoid adressing them😬
While i wont go through all open Issues, i would like to give you a feeling about the work left to do.
Overall there a roughly 24 Issues in the backlog, there is on Issue which needs to be discussed, and 7 Issues are currently beeing worked on.
Most of those Issues are either Bug fixes, smaller additions to the protocol or remaining ToDos and clean up work.
I am still be optimistic about an release end until end of the year. It will be heavily dependent on the progress of the other infrastrucutre (wallets, explorer, etc.) but i have a good feeling
That's it for today. Enjoy your weekend🥤
Get ready to particpate on the @DeeprFinance fairlaunch on @ShimmerSeaDEX tonight! Play some @IotaHeroes and prepare for the upcoming PvP-Tournament or bridge some #bitcoin over to @shimmernet through @iotampc and provide liquidity on @iotabee
There is loads to do. Loads to explore in the #IOTA #Shimmer ecosystem. Let's do all that while waiting for whats to come🧡🚀
🌐Discover the power of Slot Commitment Chains in #IOTA 2.0. Learn how these cryptographic commitments synchronize our #DLT, resolve forks, and drive consensus finalization. Explore this key feature for a reliable and scalable decentralized network. 🔗https://t.co/dV7AD0cGAR
BIG NEWS: #IOTA was just added as an asset to the FTSE Russell Grayscale #crypto Sector Index. This Index fund just launched yesterday. See for yourself 👇
Website: https://t.co/2CnFmSIs6i
Direct link to Index fund factsheet: https://t.co/1CgXA7uKsk
🌐Head on over to the #wiki entry to find more details on how network congestion in #IOTA 2.0 is handled. Specifically, we describe the scheduling policy for incoming blocks and how to set the cost in #Mana of a new block. 🔗https://t.co/cIo7pivROu
@rwth_wzl @Vrom14286662@WDR@RWTH@senseering Ab 1.1.24 gehts vermutlich in die nächste runde. Und dann hoffentlich mit #IOTA 2.0. wir müssen noch eine Finanzierung sicherstellen, Aber dann geht es los.
🌐 Efficient and smooth transactions will be possible with #congestioncontrol in #IOTA 2.0! To manage congestion and ensure fairness, the protocol uses a dynamic approach based on users' Mana holdings. Learn all about our congestion control mechanism.🔗https://t.co/GuXE5zxhtl
Did you know that #IOTA WENT HARD in Q3?!
I understand about 60% of what was achieved...
SO WATCH THIS WEEK'S EPISODE OF SPEC WEEKLY TO FIND OUT WHAT IS GOIN ON!!! LESSGO!!!
#SHIMMER#SHIMMEREVM#Crypto
https://t.co/fUG3nYGv0d
IOTA joined UAE's 🇦🇪 official delegation at
@ceatec in Japan 🇯🇵. Our team met industry leaders, entrepreneurs, and innovators and showcased how #IOTA can be a game-changer for the Japanese and global market. https://t.co/Deaz0Pbejb
🌐In #IOTA 2.0, validators are nodes that issue validation blocks to enable the network to agree on the ledger state and the set of valid blocks in the Tangle. Check our Wiki article to learn more about validators, their selection and rotation. 🔗https://t.co/rMWZba9pds
Auch hier wird @iota genannt.
Ich finde es ist die beste Werbung wenn die Projekte selbst #Iota erwähnen.
Man muss auch sagen, der Focus der IF liegt inzwischen wieder auf Iota.
#IOTA is a digital infrastructure designed to be secure, open, permissionless, neutral and censorship-resistant.
Our leaderless consensus is an evolution of #Bitcoin's design and security principles with what we call the "Nakamoto consensus on a DAG".
👇 Learn more below
���You've had a first taste of the New Consensus Model of #IOTA 2.0 and want to go way more in depth? Our Wiki article does just that - get into the nitty-gritty of consensus, committees, approval weight and finality gadget 🔗https://t.co/xe8nr10kx9
IOTA joins UAE's 🇦🇪 official delegation at @ceatec in Japan 🇯🇵. We're honored to be part of this event, showcasing #IOTA's pioneering role in Web3 innovations. Meet us at the UAE booth to explore IOTA's potential for the global market. 🔗https://t.co/xqXizKmIlj
#CEATEC2023