All Things Data Podcast with Dr. Tim Chou

Dr. Chou started his career in Silicon Valley at one of the first Kleiner-Perkins startups, Tandem Computers. Since then he’s been lucky enough to be a part of some successful and not so successful…

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Development

Biweekly update 3rd July — 17th July

The process

This contract was then loaded with the total sum of tokens to be distributed and configured with hashes of transaction batches (the transactions are sent in batches due to gas limitations of the Ethereum platform). The transactions batches themselves were then sent to the contract which dispersed the rewards.

The rewards displayed

The UI shows:

Sent In numbers:

Delegators, in order to receive rewards, you should delegate to an active guardian who does not miss voting deadlines. If your guardian misses voting deadlines, you will not get rewards in this period.

Guardians, please note that elections are every 20000 Ethereum blocks, it is approximately 3 days. A Guardian vote is valid for about 1 week. We recommend voting every 6 days to be on the safe side.

Tools for Guardians: We launched a specific delegation template for Guardians, so they can present themselves by deploying their own web-site using our instructions. Later, we are going to create other tools for comfortable use.

What’s next?

2. Proof-of-Stake Ecosystem Tools — Create tools for participants in the Orbs PoS Universe. Validators will benefit from easier ways to keep their node healthy. Guardians will have better ways to measure Validators. Delegators will have easier ways to stake and observe network activity.

3. Orbs Audit Node — Audit nodes are important for network security. They allow any external participant (not necessarily a Validator) to verify that the network operation is correct. Audit nodes may choose to audit only a single or subset of virtual chains.

4. Orbs Two Tier Consensus — Two tier consensus is the hybrid aspect of Orbs. It allows to build permissioned apps — where the app can select its own block producers. These apps run over a permissionless infrastructure — where validators are selected by the network.

5. Virtual Chains Infrastructure — Virtual chains are a key feature of Orbs that provides isolation between apps. It gives the network infinite scalability and sharding; and provides apps with lower cost of operation, guaranteed resources and independent governance.

6. Validator Node Deployment V2 — The next generation of how a Validator deploys and operates an Orbs node. Improvements include efficiency for reduced operation cost, higher availability and uptime, optimizations for even more scaling and improved security.

7. Orbs Smart Contract SDK — Allow developers to build even better apps with Orbs for more versatile use cases. Developers are requesting richer API’s that support more languages, more powerful data structures and more flexible interoperability.

8. App Developer Experience — Increase developer adoption by making the app development experience on Orbs easier than ever. Help developers learn how to build on Orbs and give better developer tools to debug and test their smart contracts.

9. Ready-Made Use Case Templates — Increase business adoption of the Orbs network by offering solutions for popular blockchain use-cases. These templates reduce the integration time of blockchain technology into a business from months to days.

10. Network Production Enhancements — The Orbs network is in production mainnet from March 2019. Continue the process of making the network more mature, reliable stable, performant and secure — so it can host even bigger apps with more users and more value.

11. Protocol Enhancement Research — Long term research for core improvements to the Orbs protocol. Every big feature like privacy with zero-knowledge proofs requires months of academic research before being implemented in production and added to the core.

12. Online IDE for App Developers — Similar to Ethereum’s Remix, the online IDE lets app developers write smart contracts directly from their web browser without installing any tools. This is a great way to make experimentation with Orbs easier with less friction.

13. Prism Block Explorer — Prism is the Orbs block explorer which lets users access the chain directly, find transactions and inspect blocks. Prism is also a developer tool because it lets smart contract developers investigate their contracts and learn how they’re used.

The main MOA points are: