Greetings Waterfall Community!
We are announcing an upcoming fork on testnet8, scheduled for March 19th at 8:00 UTC, at slot 2,729,920, which corresponds to epoch 85,310
We kindly ask you to update your software before this time, according to the instructions provided at https://docs.waterfall.network/tutorials/setup-docker-node-testnet8/#upgrade-node
The fork includes features such as optimization of node storage, stake delegation, secure cold wallet for staked amounts, space rental for workers on nodes, and other improvements.
Forks allow for software updates and upgrades to the Waterfall network. When Waterfall developers introduce new features or improvements to the protocol codebase, a fork may be necessary to implement these changes.
The protocol update will be implemented via a fork and will include the following stages:
Pre-Fork Stage: All nodes are currently operating based on an older version of the protocol.
Transition Stage: Nodes continue to operate based on the old protocol version, but those that have been updated now possess the functionality of the new protocol.
Post-Fork Stage: Updated nodes now operate exclusively based on the new protocol, while older nodes pause during synchronization. Users of nodes with old protocol are required to update their software, enabling them to resume
Topic: [ANN] Waterfall Network - the most decentralized BlockDAG protocol currently ava - page 8. (Read 3360 times)
March 15, 2024, 03:04:13 AM
March 14, 2024, 02:38:26 AM
Waterfall is the most decentralized BlockDAG protocol currently available 🚀
🔑 Key Features:
📌 This decentralized platform has the potential to attract much more validators than other protocols.
📌 Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
📌 High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
📌 Compatible with EVM and Ethereum API.
The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:
Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.
Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.
The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.
R&D team has been rigorously testing technology since 2021.
More than 275 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.
Find out more details in their communities:
https://t.me/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
🔑 Key Features:
📌 This decentralized platform has the potential to attract much more validators than other protocols.
📌 Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
📌 High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
📌 Compatible with EVM and Ethereum API.
The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:
Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.
Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.
The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.
R&D team has been rigorously testing technology since 2021.
More than 275 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.
Find out more details in their communities:
https://t.me/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
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