IRISnet (a.k.a IRIS Hub) is designed to be the foundation for the next-generation distributed applications. Built with Cosmos-SDK, IRIS Hub enables cross-chain interoperability through a unified service model, while providing a variety of modules to support DeFi applications. You can find more details about IRISnet here.
TL;DR
- IRIS Foundation Rolled Out a Community-Centric Delegation Campaign & the Second One-Year Token Burn Plan: All delegators will receive double reward earnings monthly; validators who meet certain criteria will receive a direct deposit; the burn plan maintains zero percent inflation rate
- A new version of irishub was released to support the security patch announced by Cosmos core dev team; Rainbow wallet is going to develop the new version to support GoZ; Many functions were improved and added to IRISplorer
- IRISnet core dev team works on multiple work streams to support GoZ
- The research director of IRISnet, Jeffrey Hu, was invited to attend an online AMA of 8btc to discuss the future of DeFi
- Thanks to Cypher Core and Kencrypto Whisperer for the report. Thanks to Víctor for the translation of IRISnet Biweekly Updates.
Technical Updates
Irishub Software
- Released new version v0.32.2 of tendermint software: fixed bugs to avoid DoS attack
- Released new version v0.16.2: this version supported the security patch of the Cosmos core dev team. IRISnet validators can install the new version and restart the iris process to do a compatible upgrade. Links of the new version: https://github.com/irisnet/irishub/releases/tag/v0.16.2
- The ‘Service’,’Token’, and ‘NFT’ modules were built based on ‘cosmos-sdk’. Anyone can easily use it in their own project:
- https://github.com/irismod
Rainbow Wallet
- Rainbow v2.10 is being developed. RainbowID will be released soon
- Rainbow’s GoZ version is being developed to support IBC cross-chain token transfer and Coinswap
IRISplorer
- A new version of v0.11.0 was released:
- Three network environments are upgraded: fuxi testnet/nyancat testnet/mainnet
- New feature and improvements: a search bar for the home page, IRISnet development documents, white paper, Github, the links connecting to Rainbain Wallet
- New feature: an improvement of Stats to highlight the generation of blocks of validator node
- New features: the default images of validators are improved
- New feature and improvements: the module for details of the basic information in regular addresses was refactored: add a pie chart of the composition of one’s IRIS token
- New feature and improvements: the module for details of the basic information in validator addresses was refactored: add the distributed delegation information to that validator
- Fixed bugs
IRISplorer-GoZ 0.1.0 is being developed for GoZ to display the validators from the network and their network status.
Learn more: irisplorer.io
Community updates
IRIS Foundation Rolled Out a Community-Centric Delegation Campaign & the Second One-Year Token Burn Plan!
On April 20th of 2020, the IRIS foundation rolled out a community-centric delegation campaign and the second one-year token burn plan. Besides maintaining a zero percent inflation rate, the IRIS Foundation weighed in on several propositions discussed within the community and has come up with a community-centric delegation campaign catered to expanding the utilization of the funds while focusing on aligning the incentives of network participants with their business objectives. According to this campaign: delegators can receive double earning rewards monthly; also direct deposits will be awarded to eligible small validators according to certain criteria.
To ensure the sustainable development of IRISnet which based on BPoS with Tendermint consensus, the IRIS foundation prioritizes to motivate both delegators and validators to actively participate in improving the voluntary bonded ratio to maintain network security.
The research director of IRISnet, Jeffrey Hu, was invited to attend an online AMA of 8btc to discuss the future of DeFi
On April 13th of 2020, the research director of IRISnet, Jeffrey Hu, was invited to attend an online AMA for 8btc with the co-founder of ForTude David Lei, the project manager fo MakerDao in China Chao Pan, the director of ChainLink in China ‘tiaozige’, and well-known researcher of BTM Qiushan Liu to discuss the accidents of DeFi and the future development of DeFi.
IRISnet Report by Validator Víctor
Thanks to Víctor for translating IRISnet Biweekly Report to Spanish.
Ecosystem
Team IRISnet is in Game of Zone
Team IRISnet joined a discussion in the Cosmos GoZ online AMA last week! We are also implementing a scheme for the Relayer incentive in GoZ, which motivates Relayer to support the liveness of the IBC connections. To add a transaction fee in the design of Packet, Relayer would get the fee from the other chain after the transfer of the Packet completed. In this way, team IRIS not only addresses the problem of the inaction of Relyer but also improves the appropriate Relayer incentive for many parties in the same channel.
See responses from IBC core dev team:
https://github.com/cosmos/ics/issues/411
We are also preparing:
- Updating Rainbow wallet to IBC beta version to support cross-chain transfer and Coinswap
- Presenting a visualization map for GoZ in IRISploer, please stay tuned!
IRISnet core dev team accomplished node upgrade for ecosystem
At 10 pm on April 9th, 2020, the Cosmos core dev team released a security patch including the upgrades of Tendermint, Cosmos SDK and Gaia.
The team behind IRISnet revised the code of irishub immediately and it was successfully upgraded irishub to v0.16.2 on the 10th of April. Team IRISnet also completed the upgrade of IRISnet-Bianjie validator node; provided technical support for Chinese Cosmos validators; accomplished the upgrade of validator node for e-Money, IOV, etc.
IRISnet became the First Batch of Ecosystem Partners of OKChain
OKChain recently shared a list of the first batch of ecosystem partners after open source, including IRISnet, Cosmos, Bytom, CertiK, and Conflux, with a total of 30 leading global well-known blockchain projects. IRISnet, as a public chain supporting cross-chain services for various complicated distributed applications such as DeFi, can transfer value and services between heterogeneous blockchains together with OKChain to enrich both ecosystem development in the future. Learn more.
COIRFAN is developing its web page in a mobile setting and aims to finish at the beginning of May
Cross-chain ecosystem information platform COIRFAN (website: iris.fan ) is recently closing the final step before releasing the mobile version of its web page which schedules to release at the beginning of next month. For now, COIRFAN has already released a newsletter with images, instant messages, public announcement of projects, data centers, community forum, and help center. Once the development in mobile settings completed, users can experience the above functions in their mobile phones without any disruption.
IRISnet Report by Ecosystem partner Kencrypto Whisperer and Cypher Core
Thanks to Cypher Core for mentioning IRISnet in their reports entitled [Portfolio Update] Bi-Weekly release and Kencrypto Whisperer for the translation version in Filipino.
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Official Channels
Email: contact@irisnet.org
Twitter: https://twitter.com/irisnetwork
Medium: https://medium.com/irisnet-blog
