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221  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: March 13, 2019, 12:45:34 PM
A lot of great events around Soho in Hong Kong today during a Token2049 conference and massive pub crawl. You can meet Ergo Platform community members with its own station at Peak Cafe Bar from 8pm.

https://twitter.com/ergoplatformorg/status/1105805624237912064

Big thank you to everyone hanging out with us thanks to Token2049 pub crawl organized by Bitcoin Association

https://twitter.com/ergoplatformorg/status/1106144840092446730
222  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: March 12, 2019, 04:22:33 PM
"We would be happy to get feedback! ErgoScript, a Cryptocurrency Scripting Language Supporting Noninteractive Zero-Knowledge Proofs"

https://docs.ergoplatform.com/ErgoScript.pdf

https://twitter.com/chepurnoy/status/1105501885732016128
223  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: March 07, 2019, 10:06:22 AM
The plan is still the same: testnet 2 will be released around March, 14th.

It will include the following:

  • Used cryptographic group is replaced with secp256k1 (used in Bitcoin)
  • Header is of constant size as interlinks vector (described in KLS16 paper http://fc16.ifca.ai/bitcoin/papers/KLS16.pdf )
  • Networking protocol is now versioned (to allow updates in future), also a peer now is signalling its operation (full node, light node storing all the blocks, or number of last blocks stored etc). 
  • Memory pool reworked
  • Language interpreter reworked, many operations added to the language, included operations on authenticated trees (it allows to do ICO/LETS systems and other complex contracts with dynamic data, more examples soon)
  • Foundation script and bootstrapping method are finalized
  • Tokens per transaction limit has been removed: now every token, input, and output has some cost (adjustable via miners voting), which is added to the total computational cost of the transaction (thus costs a node is bearing to parse and check a transaction are explicitly defined).

No major changes after Testnet2, only finishing some things in the language interpreter, security audit, networking protocol improvements etc. Thus the team already feels the heat of the Ergo starship launch.

Also, ErgoScript tutorial will be published within next few days.


https://twitter.com/ergoplatformorg/status/1103597129333989376
224  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: February 22, 2019, 07:05:20 PM
Testnet 2.0 release date is planned to be around March, 14th.

This [PRE-ANN] topic will be abandoned after that, and a new [ANN] topic will be started.

2.0 conceptually will be very close to mainnet.

Security audit will be started about the same time.



https://twitter.com/ergoplatformorg/status/1099021658541699073
225  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: February 15, 2019, 05:06:01 PM
More quick facts on Ergo:

Ergo has Bitcoin-like UTXO transactional model. Namely, a transaction is spending one-time objects and creating new one-time objects. We call this object a box. A box is immutable object which could be only created or removed. A box is not simply a coin, rather, it is contains registers with data (and code). Even more, there's nothing in box but registers. There are four predefined registers, with monetary value, protecting script, and identifier of a transaction which created the box and output index in the transaction (and also creation height). Because data of transaction which created the box is included into it, the box has unique contents and thus unique id. A box is first-class citizen in the Ergo protocol. Active boxes set is authenticated via a hash-based data structure, which allows to build lightweight full-nodes (as described in https://eprint.iacr.org/2016/994). A box may have up to six additional registers with typed data. A script may access its registers (as welll as registers of input and output boxes of the spending transaction).

This design with immutable boxes is more friendly to light clients than a cryptocurrency with long-living accounts (such as Nxt and Ethereum), see e.g. https://eprint.iacr.org/2018/968 , and also simpler in regards with some security problems.


https://twitter.com/ergoplatformorg/status/1096455156919615488
226  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: February 08, 2019, 04:47:31 PM
We have some more example contracts:

  • Rock-Paper-Scissor game contract, which is widely covered in Ethereum tutorials
  • Non-interactive tumbler: Alice creates a coin on the chain and then just listens to incoming transactions. Bob comes and do mixing, in the way that new coins created by mixing transactions
    are indistinguishable to external observer, one coin could be spent only by Alice, another only by Bob, and this is ensured by the Alice's coin contract!

Code and unfinished documentation are online: https://github.com/ScorexFoundation/sigmastate-interpreter/pull/380

https://twitter.com/ergoplatformorg/status/1093913698303987713
227  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: February 07, 2019, 03:43:18 PM

Thanks for the tutorial. I wanted to ask for this, but you were faster!

Do you have any plans for the going live? Any date?

Thanks! Let me answer you along with providing some update.

2.0 will include almost all the features previously planned  as 2.x. Thus this testnet release will be pretty much like the mainnet. The biggest question to solve after 2.0 testnet is about
soft-forkability, i.e. decide rules how the protocol can evolve in the mainnet with no hardforks (so with miners consent and old nodes continuing to operate on the old chain after a fork).

Other issues are audit to be done, specification finalization etc.

Thus the biggest problems we are going to have in order to launch are not just about the reference implementation  but the infrastructure:

  • Some guys are doing reference GPU miner, however, we would like to organizer GPU miners contest as well, as ZCash guys did.
  • Wallet development. We are going to switch to secp256k1 (Bitcoin's) from current choice of 25519 (Nxt / Waves Monero) we're using now. We have some Wallet API in the reference client implementation, some UI is needed.
  • Foundation formation, exchanges etc
  • EFYT <-> Ergo swapping rules

So the precise dates are going to be defined not just on tech, unfortunately or not.

Come to us to help Ergo to grow!


https://twitter.com/ergoplatformorg/status/1093534968792387584
228  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: February 06, 2019, 10:14:31 AM
Ergo Platform Testnet 1.9.1 released. Digest state type recovery and parameters parsing fixes. Correct mempool implementation. Testnet 2.0 in few weeks after code is reviewed and merged.

https://github.com/ergoplatform/ergo/releases/tag/v1.9.1

https://twitter.com/ergoplatformorg/status/1093090045601505280
229  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: January 23, 2019, 06:07:58 PM
High-level overview of Ergo Platform

https://docs.ergoplatform.com/teaser.pdf

https://twitter.com/DmitryMeshkov/status/1088123967917969409
230  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: January 17, 2019, 09:57:04 AM
How to Set Up and Configure Full Ergo Node

https://twitter.com/chepurnoy/status/1085824291701170177
231  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: January 16, 2019, 09:15:00 AM
Testnet 1.9 with changing system parameters through voting(computational cost, block size, many more) released. Sigma-State language updated. Off to Testnet 2.0

https://github.com/ergoplatform/ergo/releases/tag/v1.9.0

https://github.com/ergoplatform/ergo/blob/master/papers/yellow/voting.tex

https://twitter.com/ergoplatformorg/status/1085464209058660352

"Slides from my talk at Ergo Platform meetup in Hong Kong"

https://twitter.com/DmitryMeshkov/status/1085150657156390912
232  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: January 12, 2019, 05:29:37 PM
We co-organized a meetup in Hong Kong  (thanks GenesisBlock HK!) https://www.meetup.com/genesisblockhk/events/257300607/.

Voting code is polished and will be merged in the beginning of the coming week. Voting specification will be published within next few days.

I'm going to work towards Testnet 2.0.



https://twitter.com/ergoplatformorg/status/1084140055709564930
233  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 29, 2018, 10:44:02 PM
I think to start uncovering Ergo details here.

It will be ~100 million Ergs, and emission will be done in just 10 years. Each Erg is consisting of 1 billion smallest units called nanoErgs.

What will replace emission? How miners will survive? Here we solve few problems with one shot. Namely, we use demurrage to stabilize miners income, and also to have dust cleaning procedure, reduce blockchain bloat, and return lost coins into circulation.

How demurrage is implemented? If a coin is not being touched for 4 years, anyone (presumably, a miner) may spend the coin, but it is needed to recreate the coin with all the fields to be the same but monetary value which is to be reduced by "storageFee" max. Storage fee is defined by coin size in bytes, and pricing factor (cost to store 1 byte for 4 years). The pricing factor default value is 1,250,000 nanoErgs/byte, and the factor could be readjusted via miners voting withing the range (0; 2,500,000), thus miners can potentially switch off demurrage by setting the coefficient to 0.

Also, to avoid creation of coins not profitable to spend, there is another parameter in the system, minimum value per byte of a coin. Default value for this parameter is 360 nanoErgs/byte, and possible range is (0, 10000).

Some simulations for default values:

Storage fee factor: 1250000
Output size: 107 B
Simple tx size: 350 B
Block size: 512000 B
Storage fee for ordinary output: 0.13375 Erg
Min dust value of standard-size box: 38520 nanoErgs
=====================
Assume that Ergo state has the same number of outputs (60000000), as in Bitcoin.
Reward per block: 7.63 Erg + tx fees

 
(please note block size adjustable by miners as well)

https://twitter.com/ergoplatformorg/status/1079145622475886593
234  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 28, 2018, 05:09:06 PM
1.9.0 is ready, but we postponed the release to avoid stressful holidays. Also, there is some good rework in progress towards block extension section.
A block in Ergo is consisting of few parts: header, transactions, proofs of state transformations (for non-mining fullnode willing to avoid storing the state), and also extension with additional data. It will contain current system parameters (in the first block of an epoch), interlink vector(for PoPoW), and from now, via softfork it will be possible to add more standardized data there, with non-updated node skipping validation.

So 1.9.0 will be released right after New Year.

A next step is to finalize elliptic curve being used, after that 2.0.0 will be released immediately. No much coding work here, only research.

UTXO snapshot downloading (alternative to "warp" or "fast" mode in Parity/Geth clients of Ethereum) is also done and will be released as 1.9.1 of 2.0.1.


And now we would like to get in touch with GPU mining software developers! Please spread the word about that!

https://twitter.com/ergoplatformorg/status/1078698824921686017
235  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 20, 2018, 05:51:58 PM
Ergo Platform Testnet 1.8.1 released: Updated algorithm for block candidate creation from mempool transactions and wallet fixes. Off to 1.9 with changing system parameters through voting.

https://twitter.com/ergoplatformorg/status/1075810464095977472

https://github.com/ergoplatform/ergo/releases/tag/v1.8.1
236  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 18, 2018, 09:13:45 AM
First Ergo Platform meetup in Hong Kong with Dmitry Meshkov: from prototypes to survivable cryptocurrency on Jan 8, 2019. This event is free. Big thank you to Genesis Block HK

https://twitter.com/ergoplatformorg/status/1074953516953886720

https://www.meetup.com/ru-RU/genesisblockhk/events/257300607/
237  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 17, 2018, 04:38:49 PM
Voting system is under review https://github.com/ergoplatform/ergo/pull/540. This is about testnet 1.9.0 and the last big change before testnet 2.0 (which will be different from 1.9 in transactional language interpreter update, which is already mostly done, and also review of cryptographic primitives used).

We also have changes for 1.8.1, will be out in next few days.

https://twitter.com/ergoplatformorg/status/1074705164819402754
238  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 12, 2018, 09:53:54 AM
Our Autolykos: New, practical, non-outsourceable and memory-hard PoW protocol was accepted and will be presented at "2019 International Blockchain Technology Conference (IBTC 2019)" Engii in China.

https://twitter.com/ergoplatformorg/status/1072790805901905920

Introduction to Ergo Platform by Dmitry Meshkov is now available. Basic info about vision, decentralization, survivability, applicability and roadmap included. More info to come.

https://twitter.com/ergoplatformorg/status/1072807940506173440
239  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: December 06, 2018, 06:56:38 PM
Ergo Platform Testnet 1.8 released. Autolykos: New, practical, non-outsourceable and memory-hard PoW protocol included. Off to 1.9 with changing system parameters through voting.

https://github.com/ergoplatform/ergo/releases/tag/v1.8.0

https://twitter.com/ergoplatformorg/status/1070753090977054722
240  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains on: November 30, 2018, 09:47:18 PM
2.0 testnet realease ETA is clear? Going to support your network with some ETH GPU rigs Smiley

PoW code is still under review, current plan is to release 1.8  with PoW around Tue.

Voting System is getting soft-fork voting and activation rules, maybe 1.9 with it will be out next Fri.



https://twitter.com/ergoplatformorg/status/1068622203829329920
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