IoTeX Mainnet Rehearsal Conclusion — Launch Coming Soon!

IoTeX
IoTeX
Apr 12 · 5 min read
Slides from Orientation Call #2: https://bre.is/tlNCi2ArJ

Key Takeaways from Mainnet Rehearsal

The primary goals of Mainnet Rehearsal were to 1) properly train Delegates to run consensus for IoTeX, and 2) pressure test and improve our Mainnet code. Today, Delegates are consistently mining REAL blocks using the REAL Mainnet code on REAL servers. We are proud to report we accomplished both of our primary goals — the Mainnet Rehearsal was a huge success!

Current status of Mainnet Rehearsal blockchain: https://t.iotex.me/chainhealth
  • Load tests and “fire drill” practice: we rapidly injected transactions (300+ finalized TPS) to test the limits of our blockchain, and practiced how to handle rare “fire drill” incidents — practice makes perfect!
  • System infrastructure + devops: IoTeX Foundation delivered multiple workshops to help configure and optimize Delegate nodes; recommended setup includes Kubernetes, Envoy, Prometheus, PagerDuty, Keel, and more
  • Command line interface (ioctl tool): we built/improved the ioctl tool, which provides a seamless interface to interact with IoTeX blockchain: account mgmt, wallet, node status, transactions, rewards, and much more. This tool is not only for Delegates — please try it out for yourself!
  • Rewards calculation + distribution tools: some of our Delegates, such as InfinityStones, iotxplorer, and IoTASK, created open source tools to help Delegates calculate/distribute rewards and add transparency for voters
  • DDoS attack bounty campaign: to really challenge the IoTeX blockchain and our Delegates, we issued a DDoS bounty to identify any weak points and attack vectors. The IoTeX blockchain has held up very well!

Next Stop: Mainnet Alpha Launch!

The Mainnet Rehearsal was extremely useful in enhancing our consensus, adding usability for Delegates, and ensuring the real Mainnet can conquer all risks and scenarios. By going through this process, we are extremely confident that our Delegates will be able to grow and maintain the IoTeX Network.

What else is on the horizon?

The Mainnet Alpha launch is coming soon, but there are also many other exciting things on the way! Some we can share now, and some are top secret to be shared soon. 2019 will be an amazing, action-packed year for IoTeX — here are some things to look forward to:

  • IoTeX Member Portal: your one-stop shop for all things Blockchain + IoT! We will be educating you on the latest products and giving away IoT devices and IoTeX swag — you must be a Member to access, so make sure to vote today!
  • Early staking/voting bonus: these rewards from the IoTeX Foundation will be distributed to voters once Mainnet is launched. We originally intended to give the 30% bonus to the first 1,000 buckets that staked >28 days, but decided to extend the 30% bonus to anyone that staked in March for >28 days! Please remember that you must keep your tokens staked until Mainnet launch to receive the early staking bonus.

About IoTeX

Founded as an open-source project in 2017, IoTeX is building the world’s leading privacy-centric blockchain platform for the Internet of Things (IoT). Their mission is to build a decentralized trust fabric for a new era of collaboration and data exchange among devices, applications and people. Backed by a global team of research scientists and top engineers, IoTeX combines blockchain, trusted hardware and edge computing to realize the full potential of IoT.

@iotex

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by "connecting the physical world, block by block".

IoTeX

Written by

IoTeX

The Privacy-Centric Blockchain Platform for IoT

@iotex

@iotex

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by "connecting the physical world, block by block".