Shift: Ongoing code audit, Listing on Cryptofacil, Forum transition from Ryver to Discord

Biweekly update 1st March — 15th March

This is not financial advice.

During the last two weeks, Shift team made progress with development. They have been receiving the support of a number of external developers, who have been performing a code audit. This audit included a thorough review of the code itself, and has now moved onto the stage in which the various components of the platform are tested by sending transactions in multiple scenarios, ensuring that they are correctly recorded on the blockchain and their contents implemented at the storage layer. The work on the audit is progressing well, with the functionality and stability of the network so far being corroborated through this extensive testing. Also, the team has created a demonstration page that will allow the community to experiment with the four new transaction types at the earliest possible opportunity. This will render the platform functional and available for public testing while Shift completes their easy-to-use storage user interface accessed through the upcoming version of the client wallet, Shift Nano 2.0. Last week SHIFT has been listed on the latest Bittrex Exchange partner Cryptofacil, a new exchange for Latin American and Caribbean users. As for marketing and social encounters, the team is still fully focused on development. These weeks Shift showed little activity in the media landscape. Shift community grows slowly, social media dynamics shows that it remains virtually unchanged. As one of the team’s goals is to build a larger community and the crypto scene represents a major source of potential members, they switched from Ryver to the more popular Discord.

Development

GitHub metrics

There are also a private GitHub repositories.

Last commits on public GitHub were made on March 4th, 2019 in shift-js repository (JavaScript library for sending Shift transactions from the client or server).

Developer activity (from Coinlib.io)

Developer activity (from Coinlib.io)
  • Shift Team Newsletter on March 8th, 2019: Code Audit.

Phoenix blockchain integration completed

Two weeks ago Shift team made the important announcement that they have now completed the major milestone of integrating the Phoenix IPFS Cluster software with the Shift blockchain. This is an incredible achievement, as it represents the first instance in which IPFS infrastructure has been successfully combined with the automation and management functionalities enabled through blockchain, allowing them to debut a fully decentralized and censorship-resistant storage and hosting platform with the ability to render data immutable (While Shift version 7.0 will have the ability to render data immutable, the testnet environment will entail the network being intermittently reset and data cleared). Since making the announcement, the team has been receiving the support of a number of external developers, who have been performing a code audit. This audit included a thorough review of the code itself, and has now moved onto the stage in which the various components of the platform are tested by sending transactions in multiple scenarios, ensuring that they are correctly recorded on the blockchain and their contents implemented at the storage layer. The work on the audit is progressing well, with the functionality and stability of the network so far being corroborated through this extensive testing.

Client software development

In anticipation of completing this task and moving ahead with Shift testnet release, the team has created a demonstration page that will allow the community to experiment with the four new transaction types at the earliest possible opportunity. Through a browser-based interface, users will be able to broadcast the four new transaction types (LOCK/UNLOCK and PIN/UNPIN) directly to the testnet. This will render the platform functional and available for public testing while Shift completes their easy-to-use storage user interface accessed through the upcoming version of the client wallet, Shift Nano 2.0.

From Official Discord channel:

Ralf S (Shift President and Lead Developer) on February 1st, 2019:

“In response to the market downturn, we began minimizing team expenses a good deal of time ago. This is perhaps something that has been evident in our decision to focus on development rather than marketing. In light of that decision, we have been able to sustain progress on the Shift Project, and have the funds necessary to continue in this manner long term, if necessary.”

From Official Ryver chat:

Ralf S (Shift President and Lead Developer) on December 20th, 2018:

“Still making progress on the backend every day. But I admit it’s an awful lot of work. We’ve received various request in DM to show something to the public. But it’s mainly code work we’re doing now, no eye candy. But I guess I can share a bit of what we’re working on right now. I will paste some screens in our Discord channel.”

Social encounters

Werner Heisenberg (Vice-president and Operations manager) on October 23rd, 2018:

“The concept of conferences is something for the future”.

Finance

Cryptofacil is the latest Bittrex Exchange partner. It provides Latin American and Caribbean customers with a platform to access some of the world’s most innovative Blockchain projects.

Source: Shift Official Discord channel.

Partnerships and team members

No updates.

Roadmap

From Official Discord channel:

Werner Heisenberg (Vice-president and Operations manager) on February 1st, 2019:

“The next development milestone will focus on a Proof-of-Spacetime algorithm that is used to verify whether storage providers are hosting the content they should be hosting. Based on those results storage providers will be rewarded (at the blockchain level) for their services.”

On October 17th, 2018 the Shift Team has updated the Project Roadmap:

Development:

100% completed:

  • Proof of Concept: New Shift Website
  • Introductory White Paper (First of Four)
  • Storage Cluster Optimization
  • Hydra Decentralized CMS: Pre-Alpha Release
  • Shift Core 6.7.1t
  • Shift Core 6.7.2t
  • Shift Core 6.7.3t: Block Reward Division
  • Shift Core 6.8.0t
  • Shift Core 6.8.1t: dApp Ready
  • Decentralized Blockchain Explorer
  • Shift Core 6.7.1: Emergency Patch
  • Shift Core 6.8.2t
  • Shift Core 6.8.2
  • Fully Stable Sidechain

Hydra Decentralized CMS: Alpha Release — Q2, 83% completed.

Phoenix — Q4, 90% completed. Priority.

Blockchain Integration with Phoenix — Q4, 83% completed. Priority.

Nano Wallet Update v2.0.0 — Q4, 33% completed. Priority.

Atomic Swaps — TBD, 0% completed. New.

New Shift Core: New Consensus Algorithm — TBD, 37% completed. 
Phoenix Websocket Communication — TBD, 0% completed.

Decentralized Cluster Consensus — TBD, 5% completed.

Improved Shift Chain — TBD, 33% completed.

New Shift Website — TBD, 50% completed.

Public awareness:

100% completed:

  • Animation Series: Blockchain
  • Collaboration: Coins and Steel
  • Screencast: Phantom dApp Quickstart Guide

Shift Project Progress Report — Q4, 80% completed. New.

Partnership: To Be Revealed — Q4, 0% completed. New.

Phoenix Pilot Program — Q4, 0% completed. New.

Screencast: Decentralized Storage Solution — Q4, 0% completed. New.

Applying for New Exchange Listings — TBD, 0% completed. New.

Introductory Business White Paper — TBD, 90% completed.

Financial White Paper — TBD, 0% completed.

Social media metrics

In order to see to it that the project takes advantage of this upcoming release and creates the maximum possible momentum in network growth, Shift team has been considering methods of making the project, the team, and the community more available. One of their first acts in achieving this ambition was reviewing the principal forum to which people are directed in order to learn about the project. For the past two years Shift community has been stationed on Ryver, a feature-rich application that is nevertheless little used among crypto enthusiasts. As one of the team’s goals is to build a larger community and the crypto scene represents a major source of potential members, they feel the time is now right to switch to the more popular Discord. While enthusiastic in making this transition, they are committed to maintaining their principles and ensuring that the information contained in the thousands of conversations had on Ryver does not vanish, eliminating a great resource in tracing the project’s history in the process. For that reason, even after Shift Ryver subscription expires on March 31st, all channels will remain accessible but in a read-only mode. From that moment on, Discord will be the place to chat with Shift team members and join the community.

Social media activity
Social media dynamics
Social media dynamics

During last two weeks the number of subscribers of Shift new subreddit and Youtube channel slightly increased. There is a decrease in the number of subscribers of Shift Telegram chat, Twitter and old subreddit. The number of subscribers of Shift Facebook page and Ryver chat platform has not unchanged.

Telegram — Discussion about updates, voting, marketing and coding.

Facebook (since March 2016) — Announcements, 10–30 likes, 1–2 shares.

Twitter (since February 2016) — Average number of retweets is 25–50 for one post (tweet about new decentralized website got 351 retweets, December 31st, 2017).

Official Discord channel — Discussion on voting, roadmap, and bounties.

Reddit — The longest thread in 2018 is about 1 million stolen Shift from the team’s dev fund (it has 29 comments).

Information from Cryptocompare.com

Bitcointalk.org: since August 17th, 2015. Discussion on FAQs, latest news, videos, exchanges etc. Last post — on March 10th, 2019.

See also unofficial Shift forum: Delegate proposals mostly.

There are also Tools for Analyze Delegates:

The graph above shows the dynamics of changes in the number of Shift Reddit subscribers, Twitter followers and Facebook likes. The information is taken from Coingecko.com.


This is not financial advice.

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