Paradigm
Paradigm
Aug 15 · 7 min read

Biweekly update 1st August — 15th August

Dear Shifters! Unfortunately, there was no essential news for you these weeks. In our previous report, we told you about Phoenix 0.8.1 testnet release. This major breakthrough has totally fixed the root of the issue that was preventing the network from reaching consensus on cluster size. This proves Phoenix has an outstanding p2p library with an innovative feature that is rare in crypto. On top of that, Phoenix has demonstrated the strength of statelessness. While the network had moved into a bad “state”, usually a significant problem for distributed systems, it quickly healed itself as more storage nodes updated to 0.8.1. To set a perfect stage for the demo launch, the team is going to release Phoenix 0.8.2 that fixes two minor and separate issues, as well as a new patch of Shift Core, v7.1.0t. Moreover, the Shift Demo “Lock n’ Load” went live. The team supports the right to share legitimate information censorship-free. Please, see how far they’ve come!
As for marketing and social encounters, the team is still fully focused on development. As Shift vice-president Werner Heisenberg mentioned: “The concept of conferences is something for the future”. The community of shifters continues to grow slowly. Social media dynamics shows that it remains virtually unchanged. There is a slight fluctuation in the number of subscribers of Shift social media channels these weeks. Shifters, more to follow! Stay tuned for a seamless user experience, integrating IPFS with the innovation of the crypto space!

“Decentralization of cloud hosting can play a major role in bringing valuable information to those who might not otherwise see it. We build powerful tools that will disrupt undue censorship of the Web”

The Shift project team

Development

GitHub metrics:

The table above illustrates the low development activity.

Last commits on public GitHub were made on June 23th, 2019 in shift-explorer repository (this repository contains the code for the explorer of the Shift blockchain).

A lot of the information is private at present. Shift has also private GitHub repositories.

Developer activity (from Coinlib.io):

On July 20th Phoenix 0.8.1 has totally fixed the root of the issue that was preventing the network from reaching consensus on cluster size.

This proves Phoenix has an outstanding p2p library with an innovative feature that is rare in crypto: ensurance that cache data is synchronized over a p2p network without a consensus algorithm. On top of that, Phoenix has demonstrated the strength of statelessness. While the network had moved into a bad “state”, usually a major problem for distributed systems, it quickly healed itself as more storage nodes updated to 0.8.1.

To set a perfect stage for the demo launch, the team is going to release Phoenix 0.8.2 that fixes two minor and separate issues, as well as a new patch of Shift Core, v7.1.0t.

The Shift “Lock n’ Load” Demo is now live

With your help the team will monitor the release to ensure maximum stability before then moving ahead with spreading word more widely. Please limit your total locked tokens to 10 SHIFT for now, as this will allow us to observe how the network responds to an evenly distributed use of storage capacity. Within that limit, feel free to experiment and enjoy!

https://demo.shiftproject.com


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.”

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

A reward program from the Shift Team

The Shift Team is instigating a reward program for those that set up a storage node and join the Phoenix testnet cluster. This will come in the form of 15 SHIFT (≈5 $) distributed to qualifying participants every month.

In total, 9,000 SHIFT (≈ 3000 $) will be available for distribution during the first 3 months of the Shift v7.0t roll out.

Shift exchanges:

Information from Coinmarketcap.com:

Partnerships and team members

Werner Heisenberg (Vice-president and Operations manager) on June 20th, 219:

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.”

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.

Rumors

Twitter:

Telegram:

Use the Shift Bot, which provides real-time insight into the blockchain events of the Shift Project.

Social media metrics

Social media activity:

Social media dynamics:

Shift community grows slowly, social media dynamics shows that it remains virtually unchanged. There is a slight fluctuation in the number of subscribers of Shift social media channels these weeks.

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

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

See also unofficial Shift Telegram News Channel.

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

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

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

Bitcointalk.org: since August 17th, 2015. Discussion on FAQs, latest news, videos, exchanges.

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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Paradigm fund

Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain

Paradigm

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Paradigm

In chaos lies the truth

Paradigm fund

Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain

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