[PRE-ANN] Ergo Platform is coming, the AAA class of blockchains

[kushti]

When will be ergo add to new exchange, it is very hard to accumulate it on waves platform

I know, sorry for that. We're currently considering a strategy in regards with exchanges, but its too early to make public announces.

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[kushti]

1.7 is out, and a minor (non-fork)  release 1.7.1 with some fixes and updates in API methods is on the way.

PoW code is half-ready, and we're starting Voting System implementation. The Voting System is about system parameters readjustment via miners voting.

With both, we'll release Testnet 2.0 which will be conceptually close to main network! 

[mxxxxxx]

"Smart Contracts for the People" http://chepurnoy.org/blog/2018/10/smart-contracts-for-the-people/ by Alexander Chepurnoy

https://twitter.com/ergoplatformorg/status/1056874141230481408

[kushti]

We have enough minor fixes and new API methods to release 1.7.1 and it will be released in coming days.

On 2.0 features, PoW is mostly ready and its description is on the way. Voting system is started, but no much progress here yet.

 After the "Smart Contracts for the People" article (see above), more posts describing ErgoScript are coming!

[mxxxxxx]

We have enough minor fixes and new API methods to release 1.7.1 and it will be released in coming days.

On 2.0 features, PoW is mostly ready and its description is on the way. Voting system is started, but no much progress here yet.

 After the "Smart Contracts for the People" article (see above), more posts describing ErgoScript are coming!

https://twitter.com/ergoplatformorg/status/1058480936046735361

[mxxxxxx]

"ББ-047: Aлeкcaндp Чeпypнoй oб Ergo, IOHK, Scorex и Scaling Bitcoin" Interview with Alexander Chepurnoy by @basicblockradio

https://twitter.com/ergoplatformorg/status/1059724893565132801

[mxxxxxx]

Alexander Chepurnoy will be in Singapore on 16-19 of November. BlockSEA http://lab-b.tech/blocksea18/

https://twitter.com/chepurnoy/status/1060528726369320960

[rafzalan]

"Smart Contracts for the People" http://chepurnoy.org/blog/2018/10/smart-contracts-for-the-people/ by Alexander Chepurnoy

https://twitter.com/ergoplatformorg/status/1056874141230481408

Good read, hope more learning contents coming from team.

[mxxxxxx]

Ergo Platform Testnet 1.7.1 with minor fixes(routes for token issue and transfer) and new API methods(routes to compile ErgoScript to P2S and P2SH addresses) released

https://github.com/ergoplatform/ergo/releases/tag/v1.7.1

https://twitter.com/ergoplatformorg/status/1060834524945412096

[kushti]

1.7.1 is out, please try script compilation feature! We're going to produce tutorials on how to do that (and use our API in general), if you want to help with that, welcome!

Before the next Friday it seems, 2.0 features will be mostly done and put under review and testing. Thus the 2.0 release is planned around 22-25th of November. In addition to voting and Proof-of-Work it will contain a new cost estimation procedure for scripts.

[mxxxxxx]

1.7.1 is out, please try script compilation feature! We're going to produce tutorials on how to do that (and use our API in general), if you want to help with that, welcome!

Before the next Friday it seems, 2.0 features will be mostly done and put under review and testing. Thus the 2.0 release is planned around 22-25th of November. In addition to voting and Proof-of-Work it will contain a new cost estimation procedure for scripts.

https://twitter.com/ergoplatformorg/status/1060997148572049409

[suhadi88]

1.7.1 is out, please try script compilation feature! We're going to produce tutorials on how to do that (and use our API in general), if you want to help with that, welcome!

Before the next Friday it seems, 2.0 features will be mostly done and put under review and testing. Thus the 2.0 release is planned around 22-25th of November. In addition to voting and Proof-of-Work it will contain a new cost estimation procedure for scripts.

I like this project because the team is very open and welcome to each community to provide an update about the project. This update will give you a good impact and it's increasingly growing in the future. But right now I am looking forward to hearing about the Exchange. whatever it is that is being worked on by the team good luck.

[kushti]

"Smart Contracts for the People" http://chepurnoy.org/blog/2018/10/smart-contracts-for-the-people/ by Alexander Chepurnoy

Good read, hope more learning contents coming from team.

Thank you! I guess "smart contracts for the people" line will continue with new blogposts eventually. Another topics will be covered, we have a plan for 2 particular topics in regards with our transactional language.

[kushti]

Voting system conceptually done, now it is possible to set desirable target parameters, and then a mining software will automatically propose a vote for increasing or decreasing (gradually) in the beginning of a voting epoch, or vote if a desired change proposed by another miner in the epoch. It is possible to change 2 parameters per voting epoch + also vote for soft-fork (over many voting epochs). A step for some parameters is set, for others 1% of current value.   

A simple example, if voting epoch is just about 4 blocks.

Initial values:


And then, at height 348.



PoW scheme and code are under review.

We're discussing what constitutes Testnet 2.0 as we announced that it will be almost the same as the mainnet. A decision on a next release will be given in coming days.

[mxxxxxx]

Voting system conceptually done, now it is possible to set desirable target parameters, and then a mining software will automatically propose a vote for increasing or decreasing (gradually) in the beginning of a voting epoch, or vote if a desired change proposed by another miner in the epoch. It is possible to change 2 parameters per voting epoch + also vote for soft-fork (over many voting epochs). A step for some parameters is set, for others 1% of current value.   

A simple example, if voting epoch is just about 4 blocks.

Initial values:


And then, at height 348.



PoW scheme and code are under review.

We're discussing what constitutes Testnet 2.0 as we announced that it will be almost the same as the mainnet. A decision on a next release will be given in coming days.

https://twitter.com/ergoplatformorg/status/1063504147616550914

[mxxxxxx]

Vasily Kharin from Research Institute, presented Autolykos: Practical, non-outsourceable PoW protocol, joint work with Alexander Chepurnoy and  Dmitry Meshkov which is coming to Ergo Platform

https://twitter.com/ergoplatformorg/status/1063780846220517376

[kushti]

Both voting system and PoW are under review. PoW scheme has been slightly improved (simplified).

We are also willing to deliver new script cost estimating procedure and finalized curve points serialization in 2.0. Thus a next release will be 1.8 with voting system, or Pow, or both, whatever comes first.
I think the next week a release will come.

2.0 will be about minor changes then, and ready to start client-side libraries and wallet developments.

We are also starting to describe what is really done in Ergo (a brief teaser).

[rafzalan]

Both voting system and PoW are under review. PoW scheme has been slightly improved (simplified).

We are also willing to deliver new script cost estimating procedure and finalized curve points serialization in 2.0. Thus a next release will be 1.8 with voting system, or Pow, or both, whatever comes first.
I think the next week a release will come.

2.0 will be about minor changes then, and ready to start client-side libraries and wallet developments.

We are also starting to describe what is really done in Ergo (a brief teaser).

Interesting, imo you need more than a brief teaser to describe Ergo 

[mxxxxxx]

Both voting system and PoW are under review. PoW scheme has been slightly improved (simplified).

We are also willing to deliver new script cost estimating procedure and finalized curve points serialization in 2.0. Thus a next release will be 1.8 with voting system, or Pow, or both, whatever comes first.
I think the next week a release will come.

2.0 will be about minor changes then, and ready to start client-side libraries and wallet developments.

We are also starting to describe what is really done in Ergo (a brief teaser).

https://twitter.com/ergoplatformorg/status/1066257802698600448

[kushti]

Interesting, imo you need more than a brief teaser to describe Ergo 
[/quote]

You are very right! We have a new PoW scheme (first non-outsourceable ever?), a very new approach to contracts,  system parameters readjusting, and a new kind of economy!

Purely technical improvements lead to a lot of conceptual, even more, philosophical breakthroughs. A lot of efforts are needed to deliver the technicalities and the vision.