During the last two weeks Ambrosus team had been working silently, with only few social networks’ updates. Nevertheless, there is stable progress on GitHub. The Ambrosus developer teams have created and implemented a new feature on the Ambrosus Network: The Network Management Tool (NMT). Focused on secure onboarding, offboarding, and whitelisting nodes on the Ambrosus Network, the NMT decentralizes governance over such processes using a multisignature scheme. Ambrosus is keeping up with the roadmap. Moreover, Angel Versetti and Vlad Trifa performed a lecture at ETHCC, lots of events are planned. It is widely reviewed and become recognized in the web. The community is growing as well as the number of subscribers. Stay tuned and follow the progress with Paradigm!
Development
- According to biweekly update:
- Network Management Tool (NMT) was implemented. With the NMT multiple developers possess voting rights concerning the most important changes to AMB-NET, and the participants allowed on the network. As a first step towards decentralized governance, the NMT is a prerequisite for a an open and public Ambrosus Network.
- The Ambrosus bridge is officially deployed on Test-Net, with Ambrosus Developers doing a final end-to-end QA of the entire process; security holes in the bridge have been fixed.
- The Ambrosus Front-End team has continued to refine and iterate the Ambrosus SDK’s, while significant progress has been made on two client applications.
- In the past two weeks the Ambrosus developer teams kicked off the implementation of a new model of how bundles get distributed to Atlas Nodes. Previously, the model was built around levels of connectivity: if an operator possessed more sophisticated computing equipment (i.e. a data center, or high frequency algorithms), they would possess a natural advantage for getting bundles over an operator who does not possess such equipment.
- There has been a remarkable increase in the number of entrepreneurs who are reaching out to use Ambrosus as their underlying platform for building blockchain based solutions. These entrepreneurs come from different regions around the world and possess different levels of experience — from fresh university graduates to seasoned professionals who have left their corporate jobs. Such blockchain entrepreneurs are bringing many new and interesting use cases to the Ambrosus Ecosystem, and Ambrosus is more than happy to help these ideas grow and develop by providing the relevant insights and tools.
Social encounters
- Ambrosus was reviewed by Coin Bureau — read here. “So far they have had small success in the food sector, but need to break into the pharmaceutical industry to realize the best use cases for their project.”
- Ambrosus presentation in Ministry of Economy of France.
- Watch Angel Versetti and Vlad Trifa read a lecture at ETHCC hosted by ArtsetMetiers on the convergence of blockchain and IoT and showcasing the applications of Ambrosus — on Youtube.
- As a Member of the UN’s One Planet Network, Ambrosus has been active in building Sustainability solutions w/ $AMB blockchain. On 11 April Angel Versetti will speak at WSIS Forum at the UN HQ in Geneva, organised by the UnitedNations IT. Read on Coingeek.
- Ambrosus is proud to have been selected as Top 10 European IoT startups by @EU_Startups! This is the third recognition they have received at the EU level. $AMB is building distributed IoT infrastructure to power cities of the future.
- Blockchain, although usually associated with financial markets, has a chance to solve many problems that the transport industry is struggling with — thanks to a few special features. Read their blogpost.
Upcoming events:
- 26–27 March — eHealth World Conference — Nice Region, France(Exhibitor, Speaker: Angel Versetti)
- 8–13 April — EDCON — Sydney, Australia (Exhibitor: TBC; Speaker: Dr Vlad Trifa).
- 27–28 March — C3 Crypto Conference — Berlin, Germany (Exhibitor, Speaker: Angel Versetti)
- 1–2 April — Unblocked Conference — Vienna, Austria (Speaker: Angel Versetti)
- 8–12 April — WSIS Forum — Geneva, Switzerland (Speaker: Angel Versetti)
- 24–26 June — Crypto Valley Conference — Zug, Switzerland (Exhibitor: TBC; Speaker: Angel Versetti)
Roadmap
According to Delay in deployment of AMB-NET — Revised Short-Term Roadmap:
A) Technical team revises the code, based on the issues flagged by QA / security audits.
B) Repeated Security Audits are performed.
C) If all security audits indicate full safety, Wave 0 will be onboarded on main-net.
D) If only blockchain security audits indicate full safety, we may consider onboarding Apollos and Atlas nodes, without launching Hermes nodes. In that scenario until Hermes nodes are launched (Hermes are the nodes generating bundles), there may be additional temporary smart contracts deployed that would redistribute block rewards to Atlas nodes in lieu of the missing heartbeat bundles. Hermes nodes would be properly activated within 1–2 months after onboarding of these nodes.
E) Associated product releases (Wallet, Bridge, Explorer, Dashboard) are all dependent on the successful deployment of main-net with external nodes. As such, some of these products are likely to be released on test-net in January (in particular, explorer and dashboard), while the other two would be released jointly with onboarding of external masternodes on main-net, which would require both the bridge and wallet to function.
F) Final edits and tweaks to the technical videos, further research and testing of smart contract based solutions and applications.
G) Deepen discussions with current clients, begin implementation and testing of industrial solutions where applicable, and continue outreach to high-value and niche markets. New team member to join shortly.
- Spring 2019: They want to launch the smart sensor system that will have the edge computing capabilities. These are essentially the sensors that retain AI capability without being connected to the network. During this time they would also like to integrate sidechains and offchain transactions as well as launch their first generation Nanosensers and bio sensors. You can read more about their progress on these developments here.
- Summer 2019: The team hopes to be able to release the v 2.0 of the Ambrosus protocol that will include the updated functionality of AI and the IoT devices mentioned above.
- Autumn 2019: After the protocol launch, they would like to release their second generation sensors which will be fully integrated into the smart contracts.
- Winter 2019: If all goes according to plan, they would like to release their exchange platform which will have full trading functionality. This could pave the way for the release of a fully fledged decentralized crypto exchange.
- Spring 2020: This could be a pivotal step for the project as they plan to release their first large scale and fully automous supply chain. This will incorporate the IoT systems as well as AI and be governed by a DAO system.
- Summer-Autumn 2020: If they have managed to meet all of the steps up to this point then the team would like to scale the platform with integration in numerous industries mentioned above.
What’s next?
- Smart Contract based network management of network operators.
- Final checks and tests of the bridge on Test-Net, before preparing it for Main-Net
- Work on client applications continues, with a core [Internal] ‘corporate demo’ document being created so as to showcase the numerous client applications Ambrosus has designed in one catalogue of applications for future clients.
- The comprehensive ‘Ambrosus for Entrepreneurs’ document continues to evolve, alongside the necessary fact sheets of Ambrosus technology that is available for use.
Rumors
- Great article about Blockchain reshaping the global transport industry and the emerging trends for the next 10 years. Ambrosus mentioned as the frontrunner.
Finance
Social media metrics
The graph above shows the dynamics of changes in the number of Ambrosus Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.
