IoTeX Project Updates №23 {March 1 — April 7, 2020}

Greetings our dear supporters! We are back with the Project Update Report. As always, it’s busy times at IoTeX as we are preparing for the shipment of Ucam and launching it on Amazon. And given the current situation in the world and constant breaching of our rights and freedom, privacy has become the hot topic of every day. You will be able to find out our stance on the current situation in this digest.

Tech & Development

IoTeX Mainnet GA is coming in Q2 2020

In 2019, IoTeX launched Mainnet Alpha 1 & Mainnet Beta 1, the initial versions of IoTeX Mainnet that served as incremental steps towards the full-fledged Mainnet General Availability (GA). In this thread, we share the launch and migration plan for IoTeX Mainnet GA, coming in Q2 2020.

Mainnet GA will be a major network upgrade to kick off a new era: IoTeX 2.0. But Mainnet GA is more than just a technology update — it also comprises new governance, tokenomics, and independence for the IoTeX Network. See an outline, which will be detailed in the coming months in this thread

Community Vote: Probation for Unresponsive Delegates

There is a “nothing-at-stake” problem 2 in proof of stake (PoS) consensus systems. Unlike proof of work (PoW) consensus, which requires computing power for mining, PoS does not require block producers to consume physical resources in order to produce and sign blocks. Therefore, it is possible for malicious block producers to attack PoS networks without any costs or risks if effective “slashing” policies are not implemented. Read the full proposal details below

[Community Vote] Delegate Slashing - Proposal #1

Voting Results: PASSED on March 25 The proposal was passed with ~66% YES votes. See poll results for full details…

community.iotex.io

Voting Results: PASSED on March 25 — The proposal was passed with ~66% YES votes. See poll results 6 for full details.

🔊 IoTeX is once again ranked in the Top 25 crypto projects by Flipside Crypto, based on dev/user activity and maturity

In the Media

Zoom Has Privacy Issues, Here are Some Alternatives — CoinDesk

Blockchain Can Protect Privacy During Coronavirus Crisis — International Business Times

IoTeX & Nordic Semiconductor to Supercharge Blockchain & IoT Supply Chain Tracking! — CryptoNinja

Community Initiatives & Campaigns

The thread of the Week Discussions @ community.iotex.io

Everyday IoTeX’s team and community discuss recent and relevant news happening in the world that is related to technology, privacy, security, and IoT. This is the place to also find out news about projects development directly from the founders and tech team, ask them questions, propose new ideas and vote on the proposals by the foundation. Join us today!

Community Contributions Scoreboard

This initiative helps us to create a way to reward our most active members & contributors! At any time, you can start receiving points for participating in the community activities and based on the ranking, at the end of the month receive a reward 🏆 For more information please see this thread

IoTeX News

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About IoTeX

Founded as an open-source platform in 2017, IoTeX is building the Internet of Trusted Things, where all physical and virtual “things” — humans, machines, businesses, and DApps — can exchange information and value at a global scale.

Backed by a global team of 30+ top research scientists and engineers, IoTeX combines blockchain, secure hardware, and decentralized identity to empower intelligent IoT networks and machine economies. By serving as a decentralized trust fabric for IoT, IoTeX will empower the future decentralized world by “connecting the physical world, block by block”.

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