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- IOTA presents its technical progress in its first monthly report.
- The team is currently working on the implementation of the Mempool.
The IOTA (MIOTA) team has released its first monthly update on the ongoing IOTA 2.0 node software. The report explains the cancellation of the Minimum Viable Product (MVP) released in January for the GoShimmer node software.
The team made it clear that the major priority is the IOTA core implementation. For this reason, any other development that acts as a distraction would be abandoned. The team in this case was satisfied with the progress of the GoShimmer development.
The developers were presented with two choices. The first choice was to fine-tune GoShimmer, release an MVP, then proceed to work on bugs discovered in the testing phase. The other choice was to take advantage of their knowledge and experience to create iota-core, a production-ready node software. With this, they decided to go with the iota-core implementation as it presents the best possibility of achieving a decentralized shimmer network swiftly.
The report also unveils some technical advances including the implementation of the Mempool. In a bid to adopt an “in-memory paradigm,” the Mempool would undergo adjustments.
It’s important to note that this adjustment is new to IOTAcore and cannot be directly copied from GoShimmer and therefore did require more extensive changes and additional work. A quick check with GitHub shows, that PR#53 “Mempool implementation” and PR#84 “Conflict propagation in Mempool & test fixes” have been reviewed and merged by the team already. So that leads to the conclusion that they have a working implementation and that the first point on this list is done.
Other Updates by the IOTA Team
The team has also modified iota.go to provide support for accounts on their UTXO level. In addition, the API structure around iota-core is being defined with some existing functionalities being implemented. Stardust-ready transactions would run on the fully decentralized iota-core protocol.
As already said for point one, all Mempool implementation PRs have been merged into the code base. Additionally, we can also spot on GitHub, that the ledger state has already been ported and adapted from Hornet. The corresponding PR#67 is merged since last week. That leaves us with the ConflictDAG-PR and I am happy to tell you that we got this baby over from GoShimmer just yesterday.
Finally, the team would be testing what has been built to find any possible bugs that need to be fixed. Before that, there would be the need to design, implement and run the tests. It is also important to note that some separate PRs and tests come with modules being ported from GoShimmer. The report explains that these are difficult to report on although the progress is visible.
The iota-core is set to become the first fully decentralized node software protocol design for the mainnet. It would initially be responsible for the running of the Shimmer network and also power the network in the future.
The projects in the pipeline have been well received by the crypto community as investors increase demand for its native token sending the price rising by 13.6 percent in the last seven days. As of press time, MIOTA was trading at $0.203533.
