Status Update — What we’ve been up to lately

Image for post
Image for post

It has been around two and a half months since we initially announced our candidacy as a WAX guild. Today, as the first Inspector General Guild Ratings Report has been published, confirming as one of the top guild candidates in the WAX ecosystem, we get ready to enter a new chapter as an active block producer.

The past couple of months have been a very intense and exciting time for our team, and we would like to take this as an occasion to look back at what we achieved since we announced our candidacy, and also give an outlook on what we will be working on in the future.

Our decentralized bankroll service also became the first dapp implementing the WAX Cloud Wallet. The cloud wallet acts as a gateway to the WAX blockchain and makes it significantly easier for its users to interact with dapps - without having to store own private keys or even having to download additional software. This will open up the WAX blockchain to a way broader audience, and we are ready to provide our services to anyone using the WAX Cloud Wallet. - Suite of microservices


Account Creator


Warrant Canary

Block producer setup

We then registered as a producer on the TELOS testnet. We chose this network because it also runs on eosio 1.8 like WAX does at the moment, which meant that performance would be very comparable. It also has a system in place that allows new producers to quickly start producing blocks, which was ideal for our testing purposes.

Image for post
Image for post
CPU performance as shown on alohaeos

After starting with EOS Mechanics execution times of 1.1–1.4 ms, we made several tweaks to our block production setup and ended up with very stable execution times of 1.0–1.1 ms. This puts us way below the 2ms requirement set by the Inspector General and makes us confident that we will be able to live up to the expectations of providing a fast and reliable block producer for the WAX blockchain.

Two more things

Secondly, we recently added an open source licence to the majority of our code on Github. By being able to utilize parts of our code, other developers will have an easier time when building their own WAX applications. Also, we know that multiple other guilds have already used the Hyperion Docker setup we uploaded to Github.

What’s next?

Apart from that, you can expect us to continually add new microservices to and to improve the already existent ones. And lastly, we will of course closely monitor the performance of our block producer setup and make changes if required.

If you share our vision and want to keep up to date with what we’re working on, follow us on Twitter @pinknetworkx.

Written by is aiming to strengthen the community around the WAX blockchain by creating tools that enable developers to build awesome stuff.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store