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

[kushti]

We're in the middle of writing wallet and thanks to a transaction generator fixed (after being broken in Testnet1 release), initial tests with big transactions included into blocks done. We found some bugs.

In particular, add this line for now:

maxPacketSize = 2048576

under

scorex {
  network {

We already have a fix a corresponding issue. On Monday we'll release 1.5.1 bugfix release (with some other fixes as well).

Around Jul, 20-24, we'll release 1.5.2 release with initial wallet prototype functionality (only API calls and API interface, no other UI).


On research side, we're starting PoW research. And our paper "Self-Reproducing Coins as Universal Turing Machine" (https://arxiv.org/abs/1806.10116) has been accepted to CBT workshop associated with ESORICS'18 http://deic.uab.cat/conferences/cbt/cbt2018/.

[1714842301]

1714842301

[1714842301]

1714842301

[Javagirl]

Looking forward for future details 

[kushti]

1.5.1 has been released https://github.com/ergoplatform/ergo/releases/tag/v1.5.1

[Edgar9]

Nice team and nice project. I'm very hopefully about this. Good luck for your  team.

[mxxxxxx]

We're in the middle of writing wallet and thanks to a transaction generator fixed (after being broken in Testnet1 release), initial tests with big transactions included into blocks done. We found some bugs.

In particular, add this line for now:

maxPacketSize = 2048576

under

scorex {
  network {

We already have a fix a corresponding issue. On Monday we'll release 1.5.1 bugfix release (with some other fixes as well).

Around Jul, 20-24, we'll release 1.5.2 release with initial wallet prototype functionality (only API calls and API interface, no other UI).


On research side, we're starting PoW research. And our paper "Self-Reproducing Coins as Universal Turing Machine" (https://arxiv.org/abs/1806.10116) has been accepted to CBT workshop associated with ESORICS'18 http://deic.uab.cat/conferences/cbt/cbt2018/.

1.5.1 has been released https://github.com/ergoplatform/ergo/releases/tag/v1.5.1

https://twitter.com/ergoplatformorg/status/1018420805661839360

https://twitter.com/ergoplatformorg/status/1018919356682694656

[mxxxxxx]

"Since we mainly write code rather than promote our project, a lot of people ask me what Ergo Platform is. I prepared a presentation to answer these people hoping that it will be useful even without my comments"

https://twitter.com/DmitryMeshkov/status/1019311829372276736

[mxxxxxx]

Ergo Platform Testnet 1.5.2 released

https://twitter.com/ergoplatformorg/status/1019620589735211008

[kushti]

This update is short

With initial load tests, we found some a couple of performance degradation bugs in 1.5.1. Blockchain processing (for a full node) in 1.5.2 is 30x faster than in 1.5.1 so please use 1.5.2. Next week we'll release a new minor version with initial prototype wallet API.

[kushti]

Summer is hot!

• Transaction and block validation rules has been added to the specification (Yellow Paper)
• We consider names for our transactional languages. Low-level language will be called ErgoTree (as it is a typed abstract syntax tree, to be written into the blockchain in a serialized form).
  Higher-level language is called ErgoScript, an example in this language:
  
  

  guard CrowdFunding(timeout: Int, minToRaise: Int,
                     backerPubKey: Sigma, projectPubKey: Sigma) {
    let c1 = HEIGHT >= timeout && backerPubKey
    let c2 = allOf(Array(
      HEIGHT < timeout,
      projectPubKey,
      OUTPUTS.exists(fun (out: Box) = {
        out.value >= minToRaise && out.propositionBytes == projectPubKey.propBytes
      })
    ))
    c1 || c2
  }
  

• EFYT <-> Ergo transfer details will be announced next Fri hopefully.
• We have a lot of material to be included into the next minor release (1.53): various improvements to the network layer and synchronization (https://github.com/ScorexFoundation/Scorex/pull/280 and https://github.com/ergoplatform/ergo/pull/386), and first stage of the wallet implementation (https://github.com/ergoplatform/ergo/pull/362). Both sets of features are now under review & testing. Probably 1.53 will be out next week with one set of new features or another, or both.

[mxxxxxx]

Summer is hot!

• Transaction and block validation rules has been added to the specification (Yellow Paper)
• We consider names for our transactional languages. Low-level language will be called ErgoTree (as it is a typed abstract syntax tree, to be written into the blockchain in a serialized form).
  Higher-level language is called ErgoScript, an example in this language:
  
  

  guard CrowdFunding(timeout: Int, minToRaise: Int,
                     backerPubKey: Sigma, projectPubKey: Sigma) {
    let c1 = HEIGHT >= timeout && backerPubKey
    let c2 = allOf(Array(
      HEIGHT < timeout,
      projectPubKey,
      OUTPUTS.exists(fun (out: Box) = {
        out.value >= minToRaise && out.propositionBytes == projectPubKey.propBytes
      })
    ))
    c1 || c2
  }
  

• EFYT <-> Ergo transfer details will be announced next Fri hopefully.
• We have a lot of material to be included into the next minor release (1.53): various improvements to the network layer and synchronization (https://github.com/ScorexFoundation/Scorex/pull/280 and https://github.com/ergoplatform/ergo/pull/386), and first stage of the wallet implementation (https://github.com/ergoplatform/ergo/pull/362). Both sets of features are now under review & testing. Probably 1.53 will be out next week with one set of new features or another, or both.

https://twitter.com/ergoplatformorg/status/1025489957710974976

[cuccung]

I read the information above and it looks a potential project, I hope to invest it a little bit. A lot of potential is here for these project!

[kushti]

1.53 is ready and will be released this week. It contains significant improvements in bootstrapping and networking layer efficiency.

Initial wallet prototype is ready, code is under review.

Maybe we will rollout new testnets, say, bi-weekly, as it is hard to manage a huge codebase update properly. So, instead of a single enormous Testnet2 release, we'll roll-out  few updates (fee model, system reconfiguration, PoW finalization).

On EFYT <-> ERGO exchange:

1. Before the mainnet launch, we'll send EFYTD (EFYT alternative for data chain).
2. Waves <-> Ergo gateway will exist. Thus Ergo token will exist on top of Waves as well.
3. With money got via founders rewards, the Foundation will create orders on Waves exchange, to buy EFYT for ERGO, the price is 1.00

[mxxxxxx]

1.53 is ready and will be released this week. It contains significant improvements in bootstrapping and networking layer efficiency.

Initial wallet prototype is ready, code is under review.

Maybe we will rollout new testnets, say, bi-weekly, as it is hard to manage a huge codebase update properly. So, instead of a single enormous Testnet2 release, we'll roll-out  few updates (fee model, system reconfiguration, PoW finalization).

On EFYT <-> ERGO exchange:

1. Before the mainnet launch, we'll send EFYTD (EFYT alternative for data chain).
2. Waves <-> Ergo gateway will exist. Thus Ergo token will exist on top of Waves as well.
3. With money got via founders rewards, the Foundation will create orders on Waves exchange, to buy EFYT for ERGO, the price is 1.00

https://twitter.com/ergoplatformorg/status/1029766801612255232

[StelsMiner]

I read the information above and it looks a potential project, I hope to invest it a little bit. A lot of potential is here for these project!

I think it is too early to make any hasty conclusions about the project. But of course, ahead of the project may get more popularity and will be in demand in the market.

[NoFoodOnlyEnergy]

1.53 is ready and will be released this week. It contains significant improvements in bootstrapping and networking layer efficiency.

Initial wallet prototype is ready, code is under review.

Maybe we will rollout new testnets, say, bi-weekly, as it is hard to manage a huge codebase update properly. So, instead of a single enormous Testnet2 release, we'll roll-out  few updates (fee model, system reconfiguration, PoW finalization).

On EFYT <-> ERGO exchange:

1. Before the mainnet launch, we'll send EFYTD (EFYT alternative for data chain).
2. Waves <-> Ergo gateway will exist. Thus Ergo token will exist on top of Waves as well.
3. With money got via founders rewards, the Foundation will create orders on Waves exchange, to buy EFYT for ERGO, the price is 1.00

https://twitter.com/ergoplatformorg/status/1029766801612255232

is there still going to be a 1 + 1 swap, or will it just be EFYT for ERGO?

[!vanovi4]

It is a convenient protocol that allows users to run a full node on a smartphone, and I was interested in the ERGO project. I will follow him and hope for his development.

[mxxxxxx]

1.53 is ready and will be released this week. It contains significant improvements in bootstrapping and networking layer efficiency.

Initial wallet prototype is ready, code is under review.

Maybe we will rollout new testnets, say, bi-weekly, as it is hard to manage a huge codebase update properly. So, instead of a single enormous Testnet2 release, we'll roll-out  few updates (fee model, system reconfiguration, PoW finalization).

On EFYT <-> ERGO exchange:

1. Before the mainnet launch, we'll send EFYTD (EFYT alternative for data chain).
2. Waves <-> Ergo gateway will exist. Thus Ergo token will exist on top of Waves as well.
3. With money got via founders rewards, the Foundation will create orders on Waves exchange, to buy EFYT for ERGO, the price is 1.00

https://twitter.com/ergoplatformorg/status/1029766801612255232

is there still going to be a 1 + 1 swap, or will it just be EFYT for ERGO?

Yes, 1+1, for 1 EFYT you will get 1 cash and 1 data

[mxxxxxx]

ErgoPlatform Testnet 1.5.3 released. Multiple sync fixes and optimizations, API updates, code refactoring and optimization

https://twitter.com/ergoplatformorg/status/1030421631498366976

"Will also be there, presenting our paper https://arxiv.org/pdf/1806.10116.pdf that shows how to make scripting language Turing-complete without loops and gas. Future is coming!)" #ScalingBitcoin

https://twitter.com/DmitryMeshkov/status/1030350969350119424

[mxxxxxx]

So apparently what has been written so far, ERGO will be officially released this week and the starting price will be $1 or 1 WAVES on par with it? Blockchain technology is fantastic and always rewarding to find new projects, although some have little ability to put their proposals into practice, I hope it will be different with ERGO!

What has been written is, hopefully, real Bitcoin 2.0 mainnet will launch in Q4, there will be two chains because, with different parameters and built-in sidechains, Ergo is good for data-intensive applications.

[NoFoodOnlyEnergy]

So apparently what has been written so far, ERGO will be officially released this week and the starting price will be $1 or 1 WAVES on par with it? Blockchain technology is fantastic and always rewarding to find new projects, although some have little ability to put their proposals into practice, I hope it will be different with ERGO!

that is not how i interpreted it.

1.53 is ready and will be released this week. It contains significant improvements in bootstrapping and networking layer efficiency.

1. Before the mainnet launch, we'll send EFYTD (EFYT alternative for data chain).
2. Waves <-> Ergo gateway will exist. Thus Ergo token will exist on top of Waves as well.
3. With money got via founders rewards, the Foundation will create orders on Waves exchange, to buy EFYT for ERGO, the price is 1.00

if i am reading this correctly, the "swap" will be done by creating an EFYT/ERGO trading pair. basically they are offering 1 ERGO in exchange for 1 EFYT. pretty clever way of going about it, token swaps are sometimes a circus. and the EFYTD will basically be airdropped prior to those orders going up