IOST Update September 24th

IOST Update September 24th

IOST UPDATE SEPTEMBER 24th 2018

It’s been another busy 2 weeks for the IOST team. We announced two new partnerships, Co-Founder Jimmy Zhong spoke at the CEO Summit at Blockchain Seoul 2018 alongside other top founders, CTO Terrence Wang released two community Q&A’s, IOST made a splash at conferences in Singapore and Warsaw, and much more. Read on for a full update on everything IOST! 

NEW PARTNERSHIP – IOST x MANTRA

We are excited to announce that IOST has finalized a partnership with the public interest brand Mantra. Going forwards, IOST will provide technical support for Mantra, and will help to make Mantra’s donation information and fund usage publicly available through an information query system in order to build a tamper-proof, trustless and transparent charity infrastructure.

The cooperation between IOST and Mantra is a strong example of the many use cases for blockchain technology in the field of charity. In the future, IOST will seek to cooperate with more charity projects in order to their systems more transparent and tamper-proof.

 

JIMMY ZHONG AT BLOCKCHAIN SEOUL 2018

IOST’s CEO, Jimmy Zhong was a headline speaker at Blockchain Seoul 2018’s “CEO Summit” last week. Speaking alongside some of the top projects in the blockchain industry, Jimmy addressed some of the hottest topics for blockchain including sharding, scalability and IOST’s “PoB” consensus mechanism! His speech was covered by several Korean news outlets including News1.kr.

 

NEW PARTNERSHIP – IOST x CONTENTS PROTOCOL

We are pleased to announce Bluehill, the venture capital and incubator affiliate of the IOS Foundationm has invested in Contents Protocol, a domestic Reverse Cryptographic Disclosure project.

Contents Protocol is a reverse-ICO project under way by WATCHA, a video-on-demand (VOD) streaming service provider. WATCHA already has more than 4 million members through its main service, WATCHA PLAY. The content protocol puts video on the blockchain, with viewers receiving a share of the contributions. The project aims to solve the problem where content distribution revenue is completely monopolized by current platforms.

ENTERPRISE SINGAPORE & SWITCH

Last week IOST SEA Growth Lead Lawrence Lim met with Enterprise Singapore (ESG), the government agency driving enterprise growth in Singapore, and discussed ways to work together to drive commercial blockchain adoption.

We would like to thank ESG for bringing IOST to SWITCH, one of the largest tech conferences in Singapore, where we presented our groundbreaking technology to a crowd filled with government officials, MNC leaders, and the public. Afterwards we received enormous interest in how IOST can help companies become better, smarter and faster!

TECH Q&A WITH CTO TERRY WANG

IOST Chief Technology Officer – Terry Wang answered tech questions from the community last week in the start of regular Q&A sessions created to allow our community to ask tech questions directly to the IOST tech team!

You can watch the first two installments here and here, and submit your tech questions for the next Q&A here.

GINCO WINS FIRST PRIZE AT TECH IN ASIA!

Congratulations to IOST partner Ginco who won first prize at the Tech in Asia 2018 Tokyo Arena!

Ginco is developing a high-security wallet to reinstil confidence in a blockchain industry that has been rocked by hacks and security bugs. Ginco is one of Japan’s most popular wallets, and IOST will soon be added to their digital wallet following the launch of our mainnet. In the meantime we will be co-hosting an event in Tokyo with their team and working with them to spread blockchain awareness in Japan!

DECENTRALIZED SOLUTIONS ACADEMY

Last week, IOST European Community Manager Aaron Cunningham spoke at the Decentralized Solutions Academy in Warsaw.

He covered consensus mechanisms and scalability in his speech, and spoke to the ways that IOST’s own Proof of Believability improves upon traditional approaches to the scalability trilemma!

IOST – HOT OFF THE PRESS

IOST was featured in many publications and news sites over the last 2 weeks. Here is a summary of some of the best!

CoinCentral: IOST’s Jimmy Zhong is Building an Ecosystem for Blockchain Adoption 

HackerNoon: Why Blockchain Matters

Today’s Gazette: With Lowered Latency, IOST (IOST) Aims To Outshine The Likes Of VISA 

CryptoAmber: How IOST (IOST) is Attracting Chinese Investors with the Internet of Services? 

150 Sec: Enterprise-grade decentralised blockchain platform IOST comes to Europe

Mineable: 3 Under the radar blockchain projects you need to know about 

Coin Frenzy: Top Three Innovative Projects from Asia

Block Tribune:  Market Outlook: Growing Maturity Brings New Challenges 

Daily Hodl: Subreddit Surge: When Google Trends Isn’t Enough

Invest in Blockchain: 10 Coins Under 10 Cents With High Potential

Global Coin Report: Latest IOST news: Partnerships, Mainnet and More

TECH UPDATE

Consensus

  • [Receipt] Stress tests on Receipt and confirmation
  • [Txpool] Cache limit size optimized for txpool
  • [Golint] lint implemented for sync module and txdb
  • [Voting] Voting testing finished on testnet cluster
  • [Block] Block reconstruction and testing finished
  • [POB] broadcast logic further optimized
  • [Storage Layer] MapCache implemented in MVCCDB, which largely reduced memory usage
  • [Storage Layer] Refactoring of storage layer finished
  • [Stress Tests] Running stably under new waves of large volume transactions, and various performance metrics optimized after tests
  • [Monitoring] iost-testnet monitoring up and running
  • [CryptoModule] module testing finished

P2P Network

  • [Network lib] Performance and codebase optimized
  • [iServer] iServer stress tests finished
  • Block Explorer
  • [Explorer] IOST Block Explorer implementation complete
  • Testnet Game
  • [Game]Testnet Demo Game backend and frontend implementation complete

Virtual Machine

  • [V8VM] GetState map retrieving function added
  • [V8VM] Smart Contract stress tests finished
  • [RPC]  RPC stress tests finished
  • [Endpoints] JS endpoints of V8VM default behaviour improved

UPCOMING EVENTS

Oct 5-12 – SF Blockchain Week
Oct 10 – Paris Stock Exchange Blockchain Conference
Oct 11-12 – INPHO Venture Summit 

The last two weeks were certainly a busy period for IOST with new developments and activity around the world. There are also many exciting events on the horizon for IOST including the launch of our upgraded Testnet, the upcoming release of the CryptoHeroes beta, and the soon to be announced BERM Protocol! You can stay up to date on all things IOST by following us on social media and joining the conversation!

Sincerely,
IOST Team

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