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Topic: [PRE-ANN] Ergo Platform is coming, the AAA class of blockchains - page 7. (Read 33766 times)

legendary
Activity: 2310
Merit: 1000
We're talking with some outsourcing companies on developing wallet UI and decentralized exchange. 
Maybe you could reuse waves wallet, DEX and matcher at some point in time? Sasha in his recent public speech mentioned that Matcher could be blockchain agnostic and usage on other chains is basically possible use-case. Also you have strong connections with Waves team.
I wonder how/then waves/Ergo miners/forgers could benefit from such usage. Also matcher decentralization is an interesting issue to look into during integration process.

Ergo`s decentralized exchange doesn`t require a matcher https://github.com/ScorexFoundation/sigmastate-interpreter/tree/11004c58f3f86aa51f60aaeb060c3e8da0c6d146/src/test/scala/sigmastate/utxo/examples but different protocols could be built on top of the atomic exchange, transactions creating both boxes could be sent off-chain to a matching service, and be posted on the blockchain along with the exchange transaction. Atomic swaps, between Ergo and Waves, will be possible. Ergo is a completely separate and independent platform.
hero member
Activity: 961
Merit: 529
We're talking with some outsourcing companies on developing wallet UI and decentralized exchange. 
Maybe you could reuse waves wallet, DEX and matcher at some point in time? Sasha in his recent public speech mentioned that Matcher could be blockchain agnostic and usage on other chains is basically possible use-case. Also you have strong connections with Waves team.
I wonder how/then waves/Ergo miners/forgers could benefit from such usage. Also matcher decentralization is an interesting issue to look into during integration process.
legendary
Activity: 2310
Merit: 1000
Providing some news and answering questions:

1.7 is on the way. Instead of voting system (when miners are changing parameters of the system on the fly), it will contain demurrage component. The current design is, no any mandatory minimum fee on consensus level (so market will find a proper function for a transaction fee), but every four years a miner can charge some tokens, thus spending a coin and creating essentially the same coin but with a storage fee. The fee is calculated as K*(coin size in bytes)*storage time. K is to be changed via miners voting. If a user is moving a coin before expiration time, there is no mandatory storage fee to be paid then (but we assume that a transaction fee would be equal to storage fee for an efficient market).

I think 1.7 will be released at the end of the next week. Then 1.8 with voting system, and 2.0 with PoW.  PoW is mostly finalized. Then security audit, wallet API update etc, and then mainnet release. 2.0 will be around beginning-mid of November. Not sure about precise date for mainnet now.

We're talking with some outsourcing companies on developing wallet UI and decentralized exchange. 

https://twitter.com/ergoplatformorg/status/1046870135787720704
full member
Activity: 315
Merit: 103
Providing some news and answering questions:

1.7 is on the way. Instead of voting system (when miners are changing parameters of the system on the fly), it will contain demurrage component. The current design is, no any mandatory minimum fee on consensus level (so market will find a proper function for a transaction fee), but every four years a miner can charge some tokens, thus spending a coin and creating essentially the same coin but with a storage fee. The fee is calculated as K*(coin size in bytes)*storage time. K is to be changed via miners voting. If a user is moving a coin before expiration time, there is no mandatory storage fee to be paid then (but we assume that a transaction fee would be equal to storage fee for an efficient market).

I think 1.7 will be released at the end of the next week. Then 1.8 with voting system, and 2.0 with PoW.  PoW is mostly finalized. Then security audit, wallet API update etc, and then mainnet release. 2.0 will be around beginning-mid of November. Not sure about precise date for mainnet now.

We're talking with some outsourcing companies on developing wallet UI and decentralized exchange. 
legendary
Activity: 2310
Merit: 1000
Vasily Kharin, Dmitry Meshkov and Alex Chepurnoy’s on-chain scaling presentation at Scaling Bitcoin in Tokyo is only a week away

https://twitter.com/1nst1tute/status/1046689953919504384
legendary
Activity: 2310
Merit: 1000
Ergo Platform Testnet 1.6.1 released. Fixes for wallet rollback, miners limiting both block size and computational cost and transactions generator. Off to 1.7

https://twitter.com/ergoplatformorg/status/1044160171205947392
sr. member
Activity: 1134
Merit: 276
When will this hidden gem release its mainnet?
Platform market becomes more and more competitive through, what kind of apps do you expect to run on?
Is there an exchange for ergo tokens under development?


Q4 2018

Ergo`s efficient blockchain protocol will allow it to be widely used while still remaining friendly to application protocols thanks to its unique transaction language, Sigma-State language based on Zero-Knowledge proofs, safe and practical contracts, light and secure clients, soft-forkability only, conservative and scientific approach. We hope to avoid hard forks after the launch.

Flexible smart contracts language, please read our paper on that - https://arxiv.org/pdf/1806.10116.pdf "Self-Reproducing Coins as Universal Turing Machine", will allow to implement any second (third, fourth, etc.) layer protocols as well as sidechains. With different parameters, Ergo is good for data-intensive applications. There will be two chains with the same technology, built-in sidechains support(https://nipopows.com), so it will be possible to release money in Σ-Cash if some event happens in Σ-Data.

An example of an atomic Ergo <=> asset exchange https://github.com/ScorexFoundation/sigmastate-interpreter/pull/189/files#diff-64fa5bc99901443c14759fcd2606acc6



Amazing, countless innovative ideas, groundbreaking.
This project could become a great success.

Everything looks very good. I especially like that the team is technically good at code work. The only thing I would like is some kind of promotion of the project in the community. Whether it's a version of signatures and high ranks on the forum or advanced yotubers/insta/githab people who would review the project from the best side.
full member
Activity: 714
Merit: 105
When will this hidden gem release its mainnet?
Platform market becomes more and more competitive through, what kind of apps do you expect to run on?
Is there an exchange for ergo tokens under development?


Q4 2018

Ergo`s efficient blockchain protocol will allow it to be widely used while still remaining friendly to application protocols thanks to its unique transaction language, Sigma-State language based on Zero-Knowledge proofs, safe and practical contracts, light and secure clients, soft-forkability only, conservative and scientific approach. We hope to avoid hard forks after the launch.

Flexible smart contracts language, please read our paper on that - https://arxiv.org/pdf/1806.10116.pdf "Self-Reproducing Coins as Universal Turing Machine", will allow to implement any second (third, fourth, etc.) layer protocols as well as sidechains. With different parameters, Ergo is good for data-intensive applications. There will be two chains with the same technology, built-in sidechains support(https://nipopows.com), so it will be possible to release money in Σ-Cash if some event happens in Σ-Data.

An example of an atomic Ergo <=> asset exchange https://github.com/ScorexFoundation/sigmastate-interpreter/pull/189/files#diff-64fa5bc99901443c14759fcd2606acc6



Amazing, countless innovative ideas, groundbreaking.
This project could become a great success.
legendary
Activity: 2310
Merit: 1000
When will this hidden gem release its mainnet?
Platform market becomes more and more competitive through, what kind of apps do you expect to run on?
Is there an exchange for ergo tokens under development?


Q4 2018

Ergo`s efficient blockchain protocol will allow it to be widely used while still remaining friendly to application protocols thanks to its unique transaction language, Sigma-State language based on Zero-Knowledge proofs, safe and practical contracts, light and secure clients, soft-forkability only, conservative and scientific approach. We hope to avoid hard forks after the launch.

Flexible smart contracts language, please read our paper on that - https://arxiv.org/pdf/1806.10116.pdf "Self-Reproducing Coins as Universal Turing Machine", will allow to implement any second (third, fourth, etc.) layer protocols as well as sidechains. With different parameters, Ergo is good for data-intensive applications. There will be two chains with the same technology, built-in sidechains support(https://nipopows.com), so it will be possible to release money in Σ-Cash if some event happens in Σ-Data.

An example of an atomic Ergo <=> asset exchange https://github.com/ScorexFoundation/sigmastate-interpreter/pull/189/files#diff-64fa5bc99901443c14759fcd2606acc6





legendary
Activity: 2310
Merit: 1000
Big claims that you are going to beat $BTC and $ETH. Although the project has some solid fundamentals, I'm not sure if it will get the project as big as BTC. I think it will be on the top 10 though.

When is the estimated release on this one?

Q4 2018
newbie
Activity: 154
Merit: 0
This is a very reliable project, bringing enough elements to develop in the future. I advise everyone to invest in this project to accelerate the project.
full member
Activity: 714
Merit: 105
When will this hidden gem release its mainnet?
Platform market becomes more and more competitive through, what kind of apps do you expect to run on?
Is there an exchange for ergo tokens under development?
full member
Activity: 560
Merit: 112
Big claims that you are going to beat $BTC and $ETH. Although the project has some solid fundamentals, I'm not sure if it will get the project as big as BTC. I think it will be on the top 10 though.

When is the estimated release on this one?
legendary
Activity: 2310
Merit: 1000
A Fri update is coming on Sat, sorry for that!

1.6.1 with few bugfixes will be around on Mon or Tue.

Feature set for 1.7 is set https://github.com/ergoplatform/ergo/milestone/5 . The main feature is voting, i.e. system parameters changing via miners voting.

https://twitter.com/ergoplatformorg/status/1043611409211432960
full member
Activity: 315
Merit: 103
A Fri update is coming on Sat, sorry for that!

1.6.1 with few bugfixes will be around on Mon or Tue.

Feature set for 1.7 is set https://github.com/ergoplatform/ergo/milestone/5 . The main feature is voting, i.e. system parameters changing via miners voting.
legendary
Activity: 2310
Merit: 1000
So 1.6 testnet launched, and we already have code for 1.6.1 (it is needed to review it carefully, and then test and merge it).

From big conceptual parts of the final design not implemented yet:

- PoW: we're in the process of working on the whitepaper and the corresponding code
- fee modes: almost finalized, will be in 1.7
- voting system: nothing big and hard, but a lot of work is needed to get details properly done.


On the transactional language, costing remains and some new functions.

https://twitter.com/ergoplatformorg/status/1040702596460281857
full member
Activity: 315
Merit: 103
So 1.6 testnet launched, and we already have code for 1.6.1 (it is needed to review it carefully, and then test and merge it).

From big conceptual parts of the final design not implemented yet:

- PoW: we're in the process of working on the whitepaper and the corresponding code
- fee modes: almost finalized, will be in 1.7
- voting system: nothing big and hard, but a lot of work is needed to get details properly done.


On the transactional language, costing remains and some new functions.
legendary
Activity: 2310
Merit: 1000
Ergo Platform Testnet 1.6 released - Smart contracts language now supports threshold signatures, wallet API, new block section to store auxiliary block data, various bugfixes

https://twitter.com/ergoplatformorg/status/1040272630971080706
newbie
Activity: 14
Merit: 0
Greetings  I think your plan is really interesting and nice, I like your plan. I want to ask what distinguishes your idea from another idea? And can you name any country that works with your idea?
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