NNS Second Bi-weekly Report of September

robbie wang
NewEconoLabs
Published in
3 min readSep 30, 2018

NNS

NNS project updates

We will launch the NNS Mainnet at 10:00 am (GMT+8) on October 9th 2018 ! A two-week domain name mining activity will be held after the launch of NNS Mainnet. The activity will run between Oct. 9th-23rd 2018 (GMT+8).

What is domain name mining?

After the user wins a domain name on the NNS Mainnet, the domain winner will be rewarded with an amount of NNC in proportion to the GAS they spend winning the domain. The specific NNC reward policy is as follows:

Domain name winners will be rewarded with 70 NNC for each 1 GAS they spend if the domain auction start time is between Oct. 9th-16th 2018 (GMT+8).

Domain name winners will be rewarded with 50 NNC for each 1 GAS they spend if the domain auction start time is between Oct. 16th-23rd 2018 (GMT+8).

The amount of NNC that will be awarded in the domain name mining activity will be no more than 100 million NNC (10% of NNC total supply). If there is any NNC left, the leftover NNC will be locked up.

All the NNC reward will be delivered after the domain name mining is closed.

NNS Ecosystem

Cooperation with O3 wallet

Oct. 8th-15th, O3 wallet will support transfer using .neo domains

By the end of October, O3 wallet will support CGAS conversion

By the end of October, users can bid on .neo domains on O3 wallet.

NNS back-end and API

New query registrar bidding account balance interface

Added the interface of domain name status query based on domain names

Added query domain name information interface

Added new bidding account balance analysis warehousing.

Optimized transaction-sending merging interface

Compatible with NEO CLI 2.9.0 new log contract notification structure. Adjusted analysis warehousing and API

NNS front-end

Web wallet (Adapted with PC)

Adjusted the Mainnet wallet to make technical preparations for the NNS Mainnet launch.

Increased the security of GAS conversion to CGAS. Automatic analysis of the number of UTXO prevents the loss of GAS by prompting CGAS conversion may fail.

Increased the success rate of retrieving GAS from CGAS, use NEL API to coordinate CGAS refund UTXO, increased retrieval success rate

Added transaction fee description on the wallet, so users clearly understand the transaction confirmation is fast.

Solved the wallet scientific counting method display problems, the display is no longer awkward

Web wallet plugin (adapted with mobile phones)

UI design and front-end interface have been implemented for the NNS auction and bid mobile page. Its business processing logic is under development. This project will be the main implementation of NNS mobile phone operation, with its embedding into mobile wallet (such as O3) as the main presentation.

A countdown page was added on the NNS official website. The exciting NNS Mainnet launch is coming soon

NNS community:

NNC award was sent to the Sticker contest winners.

The NNS Mainnet version launch and domain name mining rules are released. NEO News today also wrote an article about the announcement.

Introduced the approximate date of the O3 wallet’s support of transfer using .neo domains.

A community member produced a demo video of the NNS Testnet tutorial.

https://www.youtube.com/watch?v=IXEhpH2M2o4

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