Everscale's Core Development Strategy Report 🚀

A new report about key results and main updates in the Everscale development process was published in the Everscale blog.

Soft Majority Fault Tolerance (SMFT)

Current status:

• The testnet is up using 20 servers
• With a constant, small load, the network drops intermittently
• The issue of the election process is being resolved

Short-term plans:

• Maintaining a constant workload for testing purposes
• Tests and fixes
• Development of arbitration (underway)
• Deployment for public tests

Reliable External Message Protocol (REMP)

Current status:

• REMP is being merged with the RFLD network
• Works well at 500 TPS
• Load testing

Short-term plans:

• Merging REMP with temp_rc
• Starting public tests
• High load testing of REMP
• Everscale node development

Everscale node development

Current status:

• New block version: 35 (optimizations and minor fixes)
• REMP prep and testing

Short-term plans:

• Deploying the current version
• Work on sending bounce messages
• Сlearance of old materials due to rebranding
• Decreasing the network’s gas fees

🔗 To read the full report

#remp #smft #review #post

AMA session with Sergey Shashev review 📃

Broxus co-founder, Sergey Shashev, and Everscale node developer, Vyacheslav, answered community questions. Here are some key points:

🔵Is Venom regulated or public? Venom has a hybrid model and includes both open and closed parts

🔵Broxus' role in Venom: a technological operator that provides developer solutions, some components of the system and a consultant that helps new development teams

🔵The new Chinese Everscale investor is one of the largest validators. They are interested in the technology and have a huge position

🔵Until the problem of reducing transaction finality time is solved, what makes blockchain competitive on the market, other tasks aren't actual so much. Expected time for the finality task — July 2023

🔵After solving the finality problem, the development team will return to more active development of SMFT, which will also be integrated into the Venom network

🔵REMP also has a high priority as it solves the problem of reliable delivery and processing of external messages in the network

🔵Plans for development in the Korean market after listing on Bithumb:

▶️Starting a marketing campaign and referral programs means market testing
▶️Several corporate clients have appeared
▶️A large partnership, which will be announced after the first project
▶️More developers and the corporate education are expected

🔵The unique value of Everscale after the Venom' launch is the possibility to build any products and to make experiments.
Example: Ethereum is independent, there is no regulation. BSC is more productive, but BSC is also more regulated

🔵Venom is the emergence of a large number of companies and penetration into different countries. Starting with Venom, the technology is already has a market. There are two promising markets including South Korea at the moment

🔵These cases will increase the number of developers on TVM, the reputation of the technology, motivation to come and build on it because these cases are well. This, in turn, will increase the economy and capitalization of the networks.

#ever #venom #broxus #ama #review #post