IRISnet Biweekly Report(2019.12.30–2020.1.12) – IRISnet Blog

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IRISnet (a.k.a IRIS Hub) is designed to be the foundation for the next-generation distributed applications. Built with Cosmos-SDK, IRIS Hub enables cross-chain interoperability through a unified service model, while providing a variety of modules to support DeFi applications. You can find more details about IRISnet here.

  • IRIS Hub reached 4M blockheight at UTC 10:38 am on Jan 12, 2020;
  • Irishub 0.16.1 is released, governance module is refactored, asset module is refactored;
  • Users will be able to vote on Cosmos Hub governance in the next version of Rainbow;
  • In IRISplorer, the details of HTLC-related transactions were improved, the transaction list and interface of details were reconstructed;
  • The 3rd IRIS Token Burn is Completed & Token Burning Plan Continues in 2020;
  • Result of Community Tax Pool Usage Governance is announced with 50% IRIS burnt & 10Tx Transaction Fee refunded;
  • Demo gift bags have been airdropped to new address created through Rainbow. 5 lucky addresses have been selected to receive 10,000 IRIS in total;
  • Cosmos and IRISnet were both awarded Annual Influence Awards and Most Breakthrough Technology Innovation Award by Deep Chain;
  • Validator Cypher Core wrote bi-weekly report for IRISnet;
  • 2019.12.30–2020.1.12,IRISnet organized and participated in 3 events: Deepchain 2019 Annual Influence Award Ceremony, CCValue Interview, Team Building of IRISnet Core Team.

Mainnet IRIS Hub

IRIS Hub reached 4M blockheight at UTC 10:38 am on Jan 12, 2020! A new record in public blockchain of Cosmos family! Thx to our validators & delegators for your effort to secure.

Irishub Software

— UX of snapshot is improved;

— Prune iavlstore version using rootstore version.

  • Governance module is refactored:

Token amount is specified on submitting `CommunityTaxUsageProposal`;

— If “Usage” is “Grant”, the destination address of `CommunityTaxUsageProposal` is not limited to the trustee address;

— `TokenAdditionProposal` is no longer supported.

  • Asset module is refactored:

— `Gateway` feature is removed;

— Gateway tokens and external tokens are no longer supported.

  • Rainbow Wallet v2.7.4 is released with biometric unlock LIVE. Unlock your App by simply using fingerprint or face ID to better protect your wallet and privacy;
  • Rainbow v2.8.0 is ready to release. Users will be able to vote on Cosmos Hub governance;
  • Rainbow v2.9.0 is under development and test;
  • Rewards have been airdropped to the newly created IRIS Hub addresses via Rainbow, to try out on-chain governance.
  • Footer information is added. Users can view node version number and Tendermint version number;
  • The details of HTLC-related transactions is improved to make the From and To information display consistent;
  • Transaction list and interface of details are refactored.

The 3rd burn of IRIS is completed with 15,029,472 IRIS burnt under a one-year token burning plan. IRIS Foundation announces to continue the plan in 2020 and keeps the actual inflation rate as 0 to continuously support IRISnet ecosystem development.

Result of Community Tax Pool Usage Governance is Announced with 50%IRIS burnt & 10Tx Transaction Fee refunded

Jan 11, IRISnet #7 Community Tax Pool proposal is passed with 57.87% Participation, 90.44% Yes, 8.24% No, 1.18% NoWithVeto, 0.14% Abstain. 37 validators & 205 delegators have voted. 50% IRIS in Community Tax Pool is burnt — the 1st proposal of this type that has taken effect via on-chain governance. Jan 12, IRISnet 9 Community Tax Pool proposal fails to pass because participation & Yes threshold aren’t reached. People have different opinions with 60.36%Yes, 27.41%No, 9.90% NoWithVeto, 2.34% Abstain.

Most of the delegators who have participated in the 3 proposal voting vote through Rainbow Wallet. According to the previous IRIS Foundation announcement, those who took part in the Community Tax Pool proposals voting will be refunded with 10 times of their transaction fee.

More info: What You Need to Know about IRIS Community Tax Pool Allocation!

How to Allocate Community Tax Pool? 10x Tx Fee Airdropped for Proposal Voting!

Gifts have been airdropped to new addresses created through Rainbow. 5 lucky addresses won the 10,000 IRIS Lucky Draw.

On January 9, Rainbow Wallet released the promotion announcement: 10,000 IRIS & Airdrop for Rainbow New Users to Win for On-chain Governance! For any IRIS Hub address that is newly created through Rainbow Wallet and meets the rules of the event, all the gifts have been distributed before 20:00 on January 10. On January 13, users who successfully created new addresses and voted for the proposal were entered into a lucky draw through the IRIS Hub on-chain random number generator. 10,000 IRIS rewards have been issued to 5 lucky addresses.

2019 Annual Influence Awards, Most Breakthrough Technology Innovation Award

Cosmos and IRISnet both won the 2019 Annual Influence Awards and Most Breakthrough Technology Innovation Award issued by DeepChain. The award aims to recognize individuals, institutions, and platforms that have made outstanding contributions to the blockchain industry over the past year and have made a positive impact.

Interview: the Battlefield of Public Blockchain in 2019

IRISnet founder Harriet was invited to the CCValue Interview, to talk about the public blockchain development in 2019, together with Nervos co-founder Guoning Lü,Coinex Chain Chief Developer Jiazhi Jiang, EOS founder Hushi and Hongjundashu from Ourea Community.

IRISnet Happy New Year Video

The IRISnet core team wishes Happy New Year to all the members of the Cosmos and IRISnet community!

Team Buidling of IRISnet Core Team

The core team of IRISnet had dinner together and carried out team-building activities such as mini-games and lucky draws in order to celebrate the new year.

Validator Cypher Core wrote bi-weekly report for IRISnet

Validator Cypher Core wrote bi-weekly report for IRISnet: [Portfolio Update] Bi-Weekly release.

Official Channels

Email: contact@irisnet.org

Official website: https://www.irisnet.org/

Forum: https://forum.irisnet.org

WeChat subscription: irisnetwork

WeChat group: irisnetwork2018

Telegram English: https://t.me/irisnetwork

Telegram Chinese: https://t.me/irisnetworkcn

Twitter: https://twitter.com/irisnetwork

Medium: https://medium.com/irisnet-blog

1/2 Digest:

⛓️IRIS Hub reached 4M blockheight

🛠️Irishub 0.16.1 released, governance module refactored, asset module refactored

📱Users will be able to vote on Cosmos Hub in the next version of Rainbow

💻In IRISplorer, the details of HTLC-related transactions were improved, the transaction list and interface of details were reconstructed

🔥The 3rd IRIS Token Burn is Completed & Token Burning Plan Continues in 2020

🗳️Result of Community Tax Pool Usage Governance is announced, 50% IRIS burnt & 10Tx Transaction Fee refunded

https://medium.com/irisnet-blog/irisnet-biweekly-report-2019-12-30-2020-1-12-8b90b8502f0f

2/2

💰Demo gift bags have been airdropped to new address created through Rainbow. 5 lucky addresses have been selected to receive 10,000 IRIS in total;

🏆@cosmso & IRISnet won 2019 Annual Influence Awards by DeepChain

🥰Ty to @Kennethstweets for the biweekly report

🤩IRISnet participated in 3 events: Deepchain 2019 Annual Influence Award Ceremony, CCValue Interview, Team Building of IRISnet Core Team.



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