IOV Name Service is now live on Cosmos SDK!

Starname Updates
Starname Blog
Published in
2 min readAug 27, 2020

Exciting times! πŸŽ‰

We are very excited to announce that our migration was successful! We are now running the IOV Name Service on Cosmos SDK LaunchPad 39.1. For further details, you can check our block-explorer here.

We want to thank our validators, all your partners and the whole Cosmos community for the continuous support!

It has been a long journey and after this migration, we believe we are in the right position to become one of the best name services in the crypto-space and accelerate mass-adoption of the blockchain industry with decentralized usernames ie. the starnames. We believe today we have the right team, the right technology and the right vision to make it happen. The future is bright!

IOV token β€” Coin Metrics πŸ“Š

IOV Token Supply at Genesis Time: 120,520,099 IOV tokens.
With the upgrade to Cosmos SDK, the IOV Name Service has now a fully functioning reward distribution module, with an inflation rate starting at 12%. A more detailed article on this topic will follow.

It is more than a migration βš›οΈ

More than a migration, this upgrade enables the starname features (our decentralized username):

βœ… Universal Lookup (we support any kind of digital assets)

βœ… Universal and Fast Reverse Lookup (query starname of a specific crypto-address)

βœ… For any kind of transaction, the fee payer can be different than the action signer

βœ… The coolest human-readable format in crypto: *starname

βœ… Two types of permissions for *starnames: Open or Closed

βœ… Metadata can be uploaded off-chain like a picture, full name and description

βœ… Portability: You can switch custodians while keeping your starname

βœ… Fully Proof of Stake

If you wish to register or resolve a starname, read our docs or contact us on Telegram. We will be glad to help!

We thank you again for being with us through this process.

Sincerely,

The IOV Team.

Join our channel in Telegram and follow us on Twitter πŸ“!

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