I must admit that the transaction speed of Skycoin is really amazing.
I don't know how it is made possible, but it is really a good feature.
What I worried the most at this point is that Skycoin might never drop to a much lower price.
I'm a bit confused here as well.
What is the current ACTUAL state of Obelisk?
Is is -
1. Theoretical (POC)
2. Implemented on Testnet only (Release Candidate)
3. Implemented on Skycoin block chain (Production)
I'd appreciate an answer from OP, or a skycoin dev that knows this firsthand.
I ask bcs in the telegram channel, skycoin dev named Steve said that Obelisk is NOT implemented yet, and consensus is achieved by a masternode.
If #3 holds (contrary to what was said in telegram), why the masternode, and is the masternode open-sourced (link/source plz).
If #2 holds, we are basically completely centralized right now...? When is the Obelisk launch ETA and roadmap?
I would highly value elaboration on these points.
Chat screenshot:
https://pasteboard.co/Hgii1nf.jpg.
1> There will be a giant marketing event for the consensus main-net launch towards the end of the year (assuming we hit time line on Skywire, but timeline may slip).
2> The consensus algorithm has already been implemented, benchmarked, three times. So its beyond theoretical and is in implementation.
The major delay for the Obelisk main net was that the CXO library needed to be finished first.
3> We will test the consensus algorithm on other blockchains on the platform and fix the bugs before deploying it on Skycoin
4> The larger exchanges, demanded that we add a development checkpoint system (like IOTA has), to prevent the exchanges from losing coins if there is a bug in the consensus implementation.
There will be an Obelisk mainnet launch event, but we may want to run the consensus algorithm in testing or sandbox for several months, to make sure there are not any bugs.
Right now, we has a lot of testing standards in place (wallet encryption was done 4 months ago, but is only making it into the next release), but we cannot release new features to production until the test suites are implemented and the dev branch has been under testing for at least a month. So even if feature is implemented, it can take ~4 months after implementation to make its way to the release branch.
The best compromise to get the consensus algorithm out the quickest possibl is
- release the full consensus implementation on a side chain (and also enable the CX scripting language at the same time, in same release)
- test it for 4 to 6 months
- then switch the Skycoin Main net onto the full Obelisk implementation (with a large marketing event and conference).
---
Someone complained that we are doing too many things
- This is a lie, we are actually only focused on one or two things at a time (right now, launching Skywire tesnet, antennas, the Skyminers)
Then we are doing one thing and finishing it, everyone starts asking "When are you going to do A, B, C, D, E, F and G".
I think the release schedule will be
- Skyminers
- Skywire
- Antennas / Hardware
- Hardware Wallet
- Obelisk Testnet? (second half of year?)
- CX (First half of next year?)
- etc...
CX may end up being higher priority than Obelisk (because of the partnerships we are signing and the immediate needs of coins launching on the platform).
So the release schedules and priorities are still being determined.
---
Most of the backend for Obelisk is extremely simple and is finished or can be finished extremely quickly.
The problem is that there are several frontend, HTML/GUI applications like the consensus network explorer and they require Angular 4.0 developers and we have a shortage of front end developers and they are all working on Skywire or other things right now.
We will release a docker simulation environment for obelisk and run some Fiber chains on it, to hold people over and then work on the front end applications after Skywire and prepare for the Obelisk mainnet launch event.