Core Development Proposal 1080000


#1

Proposal Name: michael-dev-sep
Owner: michael
Cost: 11250 BLOCK
Voting: Vote through the Proposal section in the wallet

mnbudget vote 9e2f8f20711266ef312c12df033535234dc8509055db444b227026ceb1483107 yes

August recap
In August we joined a consortium of Proof-of-Stake (PoS) developers and projects to improve the PoS consensus algorithm that we inherited from PIVX and Peercoin. I succeeded in developing an upgrade to the PoS protocol and it has passed our mainnet tests. There is a planned mandatory wallet release that will upgrade Blocknet’s network with this more resilient PoS implementation. It will prevent some sophisticated staking attacks and improve the overall security of the consensus algorithm. A significant amount of my time this month was invested in developing this PoS upgrade, it can be reviewed here: https://github.com/blocknetdx/blocknet/commit/5a997788ed942eefac8c4816022e8b3e3b0a8dce
Additionally, in August I continued the development of Blocknet’s new chain and implemented the staking upgrade above, implemented the service node system, as well as implemented much of the new governance system that will be responsible for providing BLOCK hodlers the ability to vote on initiatives and govern the project. The development of the on-chain Governance system can be reviewed here: https://github.com/blocknetdx/bitcoin/commits/governance and new chain general development https://github.com/blocknetdx/bitcoin/commits/blocknet. Testnet builds can be reviewed here: https://gitlab.com/blocknetdx/bitcoin/pipelines/

September Development Overview
I am continuing to develop Blocknet’s new chain (based on Bitcoin Core’s v18 release). The goal for September is to integrate all the remaining Blocknet products (XBridge, XRouter, and XCloud) into the new chain. Blocknet’s new chain will allow us to support enterprise customers and a reliable XRouter 1.0 release. September will likely be the most important month of development at Blocknet of the year, as we integrate all our products into the new blockchain.

Core Development task summary:

  • New basechain implementation (COMPLETE)
  • PoS upgrade (COMPLETE)
  • Service Node system (COMPLETE)
  • Governance system (COMPLETE)
  • XBridge, XRouter, XCloud integration (in progress)

Other tasks

  • Maintenance and bug fixing on existing products (XBridge, XRouter, XCloud, Block DX)

Upcoming XRouter tasks:

  • Nginx support
  • Blocknet Name Service
  • URL plugin type
  • XRouter c++ library
  • XRouter golang library