ICON to Launch Incentives Scoring System

The  IISS and ICO platform lauch are scheduled for April 2018
09 April 2018   1428

The ICON project is aiming to build one of the largest decentralized networks in the world, and it is comprised of various institutions like financial, insurance companies, hospitals, universities and more.

At the end of January ICON has published its roadmap for 2018, highlighting key points of the project's development for the whole year. Here are the major milestones:

  • March, 2018 — Token Swap, Mobile wallet
  • April, 2018 — IISS launch, ICO platform
  • 2018. Q2 — ICX/ETH DEX, Public Channel
  • 2018. Q3 — Governance Channel, IISS Improvement
  • 2018. Q4 — SCORE Improvement

The event which is due to come this month is the lauch of IISS, which is the Incentives Scoring System. Based on the DAVinCI financial solution artificial intelligence, IISS is responsible for determining a node’s ICX reward for its contributions to the network.

According to the ICON white paper, IISS calculates rewards based on the following factors: “the node’s 1) frozen ICX, 2) C-Rep status, 3) ICX exchange volume, 4) ICX exchange volume of the whole community if it has one, 5) ICX volume traded through DEX if it has one and so on.”  With DEX, community members can trade currencies without having to use public exchanges like Bittrex, Binance, or Bitfinex.

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Tezos Bug to Slow Down the Network in 20 Times

The issue looks fixed now and Tezos network works in the standard transmission mode
25 September 2018   159

In the main network of the Tezos block project, a bug was discovered one week after its official launch. According to tzscan.io, on August 24, due to the vulnerability, the release time of the blocks increased from 1 to 20 minutes.

Tzscan.io
Tzscan.io

The user of the service for hosting IT projects GitLab under the nickname "Jérémie" reported on block freezing for 45 minutes. Later in Riot chat he learned that developers are aware of the problem and they are working on its solution.

Bug between the baker and the node. The two communicate over json but the json serializer incorrectly handled some control characters. Immediate fix was to patch the serializer. Medium term fix is that the baker and node really should communicate using the binary RPCs instead.
 

murbard at Reddit

Soon after the discovery of the bug, one of the developers posted an urgent fix at GitHub, which was proposed to be installed by all the bakers. Currently the Tezos network operates in normal mode, and the units are released every minute.

As of September 25, 08:00 UTC network of Tezos worked in the standard transmission mode - 1 block per 1 minute