/biz/ - Business & Finance

Their formal verification fp wankery will get them nowhere when nobody writes anything for the platform. Look at tezos, that's where ADA is going but worse.

>>15111468
yes you should hold this. your moronic fud is just stupid and ignorant

https://forum.cardano.org/t/shelley-testnet-your-weekly-rollout-rollup-week-six-w-e-2nd-august-2019/25630
>Each week, this newsletter is where we share a high-level summary of key achievements and what’s been going on. Remember, for the very latest technical updates you can follow all the commits and pull requests in the community GitHub 13.
>On the support side, we have closed many of the known issues for the Rust self node now, which is great news. Meanwhile, there has been a lot of development work going on behind the scenes over the past two weeks. As well as the continuing core development work on network functionality, the IOHK team has also been making progress towards a Javascript SDK for the Jormungandr testnet. We’ll share more news in due course. But suffice to say, we’re excited about some of the functionality that this will bring, empowering Javascript developers to write client applications.
>Documentation and guides
>Updates were made to the Chocolatey installer content on the testnet website to provide clarity to users who may experience a time lag while uploading their packages
Content planning has started for phase two, where we will be rolling out the Networking functionality. The team is working with development to map out the user tasks and associated content that we plan to deliver to support users
>In addition, the team has worked on some documentation tickets and this has generated the following two new articles:
>How to send a Certificate to the blockchain using the faucet send certificate.sh script 1
>Corrections to the Rest documentation 1
>How to create a stakepool

Cardano: Haskell Node
>Charles was shown a demo on Friday which went through the latest on logging, reporting, the network protocol, the consensus protocol and the scenario with many nodes running together
>The IOHK team is moving rapidly towards replacing all the old legacy code and putting the new Haskell client into production
>the Haskell wallet backend has been coupled up with the Jormungandr rust node
>additionally, there will be a very stable Haskell node coming soon – the integration work on this will start after July 19th
>there is ongoing technical debt reduction and cleaning up
>As a summary, in a few weeks, IOHK should be cutting a stable Byron node for testnet. From there, the team will begin a very fast integration of the Haskell wallet backend into that Byron node. And then, integration to Daedalus will begin. This work means they will be able to 100% replace all of the legacy code and have a new fresh client.

>>15111918
>>15111840
hustle, keep it bumped

Daedalus
>the latest version will be shipping with 1.6
>the new version will have lots of new GUI features
>many features came from listening to the community feedback which the IOHK Support Desk helped collect
tentative shipping looks to be early August/late July
>the release will depend on how long it takes to get through QA
but you can expect to see 50-60 new things
>the BFT hardfork will be happening soon

Shelley Testnet
>the Rust Shelley testnet has been a great experience
>every week, the team has been cutting a new release
from the community, we’ve received lots of feedback
and positively, the velocity and momentum doesn’t look like its going to let up
>Last Friday, we saw the release of Jormungandr 0.3 – this version fixed bugs and added a few new features
the Shelley testnet team are thinking of forming an SDK for people to be able to build with the Rust self node testnet
>Phase 2 is about connecting the network and progress here is looking good
>as mentioned above, the Haskell self-node testnet is also coming and the community will be able to see differences between the two
>For those who want to follow the progress, there are weekly reports posted in the Forum, as well as the very active Telegram group with over 2,200 members.
>Many of these community members are actively participating and have built the self node and have helped the IOHK team with their helpful feeback
>David Esser, Cardano product manager, will also be setting up regular communication with the community every 4-6 weeks to share progress updates and an AMA
the Github Repo 12 is also another place you can watch for progress updates

Turning Specs into Code
>IOHK has brought a professional economist on board who is working on several different projects including Cardano
>She will provide an independent review of the incentives scheme
the third phase of the Shelley rollout is the Incentives System and after the network is set, the system will need to have the right incentives
IOHK have produced their opinion on how this should work in the formal specifications, but the time has come for professional, academic review and for community review
>generally these reviews take 3-6 weeks
>there will also be a rapid process of turning Shelley rules from the formal specs, which are already written in the reference code, into the actual production code.

Science and Research
>on the science side, the team has been prepping Ouroboros Hydra, Crysinous and Chronos for submission at upcoming conferences
they should have the preliminary design of Hydra by September
>Hydra is the capstone or final component of the very long stream of research under Ouroboros
>it is the most meaningful and significant as that’s where Cardano shards
>it provides scalable design for the foreseeable future and it will inherit all of the advancements from the prior papers (such as decoupling cloud, not having to bootstrap from a checkpoint and sidechains protocols, and more)
>there was a rewrite of the original Ouroboros whitepaper which was released on July 5th. This was a product of 2 years’ worth of work and if you really want to get on board and understand Ouroboros, check it out
>the IOHK research team will be doing similar rewrites with other papers
>there’s been ongoing work in other research areas such as: multiparty computation with a recently published paper on zero knowledge proofs called Sonics, private computation, more scalable sidechains and NIPoPoWs
>an official canonical Cardano whitepaper has also been planned
>currently there are over 40 papers, lots of documentation and a philosophical paper called Why Cardano, but the new whitepaper will take summaries of all these different threads, along with a summary on things we want to accomplish on the accounting side and aggregate all into something like a traditional whitepaper that you expect for a cryptocurrency
>this work will begin later on this year and the process will be supervised by Dr. Jamie Gabbay
>there’s no set release date as of yet but be sure to look out for it

>>15112060
keep going

Cardano Foundation
>at the Foundation, a new director, Hinrich Pfeifer was appointed
>he comes from UBS and has a long background in law and in mergers and acquisitions
>he will focus on operations, leadership and community
and will work to execute the Foundation’s missions and goals
>he understands the need for building a diverse board and for the need for more transparency
>he’s started 2 weeks ago and is getting acquainted with the project, but moving forward, you’ll be able to reach out to him

Lots of Great Projects
>as you can already see, there are a lot of things happening every week
>Emurgo launched Yoroi 1.8 recently
and with IOHK, lots of progress is being made in Mongolia, Ethiopia and Georgia
>there are ongoing negotiations with a company that shall remain nameless for now, that wants to deploy on Cardano and is in the anti-counterfeit realm
>there will be announcements on these as and when they make sense
major updates are coming soon with Plutus
>both Plutus and Marlowe are looking good as a programming language and the teams have received great feedback from workshop
>because of this, it looks like Goguen is on schedule
>in Wyoming, Charles will attend a Hackathon where Plutus and Marlowe workshops will happen
>a Plutus ebook was also recently published on Amazon, and will also soon be released on LeanPub
>all of this marks the steady drumbeat of getting functional programmers into our ecosystem and have them start building interesting things from issuing own currencies to building cool Dapps

>https://forum.cardano.org/t/14-07-2019-brief-update-on-cardano-from-charles-hoskinson/25342
source of all that

This entire thread is a good example of what Cardano is all about. A bunch of mumbo jumbo text about QA, coupling the github's, "cleaning up", rollouts of new releases, the team this, the team that. 3 hour long Q&A's where nothing is really said and it's all just to hide that there is really nothing there. That is their strategy. They have been doing this since 2017. They will keep doing it until they are legally allowed to run away with the money in 2020.

>>15112099
>and with IOHK, lots of progress is being made in Mongolia, Ethiopia and Georgia
Looking forward to seeing Charles take photos in Ethiopia soon

>>15112152
kek

>>15112141
200 IQ post.

>>15112141
>ETH bagholder fear COPE and desperation