UpdateDuring the last few weeks the team has been very busy to proceed with the upcoming DIONS launch and following up on contacts we made at the FinTech awards in Brussels. Normally the core team is always present - almost day and night - to answer questions in Slack, Twitter, Telegram, Discord, Facebook and E-mail. So many channels. Because of our final stretch we already announced three weeks ago that these are busy times and we cannot be present the same way we were. Especially not now. We have a great community manager (Newton) and country managers that are available for any question.
We have been developing (and funding development of) the I/O Digital Blockchain since 2014 and never stopped working on it. So many projects died in the meantime or delivered nothing but a bad wallet or non-working technology that costs people their precious money. I have personally seen some FUD regarding someone saying we left the project. What? Why would be abandon a great project where we have put in our life savings and countless hours. After these years the original team is still working on a daily basis and stronger then ever. We are building an ecosystem and blockchain platform from the ground up and DIONS is just the base layer for great future things to come.
Countdown and final community testingSo the countdown started two weeks ago and counting down to the official block call. (iocoin.io)
Our testnet where we developed and tested the DIONS upgrade the last year is now gone and we started to test with selected and long term I/O Digital community members. We are setting up their machines for final testing. Mine (w10) and Joel’s is done. Now setting up the others as well. So this and next week we will be very busy testing the wallets in local machines windows Linux and macOS.
We are basically testing the normal wallet features and specific DIONS features. We are also doing a fork dry run. Next to that i'm personally following up the meetings i had at the Brussels FinTech awards as well and other business meetings. We aer working on the press release for DIONS that is almost ready to go. Next week a nice appointment with Deloitte as well for some future things we are planning. So very very busy guys.
Block callIf we do not find any new significant issue in our software then we will do a block call when the timer is at 0. We have tested the environment for the last 5 months in our testlab. We are confident we can call a block, but if we experience a security / stability issue we -could- postpone a bit. Until now everything looks great and the wallet is functioning very well. Securing your IOC tokens, wallet / blockchain security and usability is key priority for us. We don't just release but you will know that by now ;-)
If we call a block then we will release the installers of the different HTML5 wallet versions. People will need to upgrade their local wallet to the new released version. At that called block number the DIONS features will be activated. Between countdown 0 en actual DIONS release is about roughly two / two and a half weeks (depending on Block speed and block we call) for people to upgrade. An upgrade guide / FAQ will be made due time. The team will be present to support people in their upgrade. So;
- Timer at 0
- Uninstall current wallet and install / sync the new wallet during the two weeks activation period
- When block passes: DIONS activated
The road to releaseSome people ask us why we said in 2016 we would launch the DIONS upgrade and we didn't. Thats a good question.
The original DIONS white paper - released back in 2015 - thought of a "key/value pair solution" in the Blockchain. The core idea was a decentralized alias system. We started to realize we could do much more and went way beyond the white paper. We added a very thorough encryption layer, we added a messaging system, we added document storage with the ability to transfer that to another user, we added a whole new interface, we added a Linux distribution, we upgraded the Proof of Stake model, we upgraded to 4MB blocks and a lot more under the hood. This is how things go and evolve.
You start with something and get more ideas along the way but also bump your head hundreds of times because in theory it can be done, but adding it to a decentralized blockchain is something else. Features we added are not just copied / paste. We had to think of them, we had to think of a solution. Many times we thought we had a good solution but came back to us and we had to rethink and redo the feature. We interviewed 30 developers that we wanted to hire to come up with a wallet compile solution for OSX. All said they could do the trick and had experience in the area we requested. 29 failed. We keep dealing with these things and managed to make a blockchain that none has made before.
These are the things a team like ours had to cope with. When we started we underestimated the huge-ness of the project greatly. Its massive. But nevertheless we sticked with the plan we started three years ago and are still continuing to do so. We are not let down by fudders, price action or anything else because we know what we do and managed to get this far without any massive ICO. We are a professional team with our credibility on the line and we act like that. The recent Spero Research report acknowledges this. (
http://www.speroresearch.com/wp-content/uploads/2017/09/IOC-Report-Final.pdf)
Important weeks ahead! stick with us and enjoy this upcoming release,
Team I/O Digital