OriginTrail is going to release an update of its OriginTrail Decentralized Network, or ODN on May 21. It bears the codename "Surveyor Release v0.8a" and introduces 2 key elements:
- initial version of consensus check with privacy layer
- second installment of the bidding mechanism
First implementation of the bidding mechanism was introduced in Kosmos Release v0.6a (disregards the node reputation scores). It serves to nodes being able to form agreements and bid on providing services to each other in the network. The mechanism is based on Ethereum smart contract. Supposedly, this update will move several operations off-chain to the ODN network layer and improve token utilization.
Regarding the consensus check, this will be the first version to utilize it. This check represents the validation mechanism for interactions between supply chain parties used in OriginTrail protocol. Privacy sublayer of the protocol will form the foundation for the consensus check functionality. At the moment of publication, OriginTrail market characteristics are as follows
- Average price: $0.209265
- Market cap: $53,259,534
- Volume (24H): $533,493