WAVES Open-blockchain financial platform. Blockchain for the people.



  • Waves  TestNet 0.8.5 Released

    In this release:

    • optimizations to minimize memory footprint: we still keep at least 100 blocks in memory, but chunk sizes depend on amount of transactions.
    • various Block Headers api methods available at /blocks/headers/ allowing to request block headers(e.g. blocks w/o transaction bodies)
    • REST API availablility improvements
    • Various fixes, incl. node sometimes getting stuck

    New settings in waves.conf:

    • waves.blockchain.max-transactions-per-block-diff - Max transactions per block diff, affects size of atomic persistence, default value is 1000

    • waves.blockchain.min-blocks-in-memory - Amount of blocks in memory. Fast rollback is possible up to this value, default value is 100

    • waves.matcher.order-cleanup-interval - Clean-up interval for expired orders on matcher, default value is 5m

    • waves.blockchain.in-memory-chunk-size and waves.blockchain.in-mem-chunks-amount are not used anymore We recommend to set Xmx parameter to 4G in case of transaction storage turned on, and 2G if you switched off transactions storage.

    WARNING

    Then transactions storage is turned off some API method calls could produce invalid results. We will fix it later.

    NOTE

    When updating from version 0.8.x, there's no need to delete blockchain or state files, just update executables. If you are updating from earlier versions, please be sure to read 0.8.0 release notes.

    Downloads

    https://github.com/wavesplatfo...



  • Waves-NG stress test is under way!

    The Waves-NG stress test is successfully under way on the Waves testnet! You can view the progress of the test and see how many transactions our new network protocol is capable of processing by visiting https://waves-ng.wavesplatform.com.

    Waves-NG is a ground-breaking new blockchain consensus protocol based on the Bitcoin-NG proposal. This next-generation algorithm offers an innovative new approach to processing transactions. Instead of miners being selected periodically and then adding pending transactions to the blockchain, as in bitcoin, the next miner is chosen in advance and fills a newly-created block with transactions as they are submitted — almost in realtime. This dramatically increases network throughput, and will enable Waves to process hundreds of transactions per second.

    The test is going very well so far, with the network regularly processing more than 5,000 txs per minute, and we hope to be able to deploy Waves-NG on mainnet later this month. It will be a huge step forwards for Waves, making it the fastest blockchain platform in the world. Thank you for your help!

    Join Wavescommunity: http://wavescommunity.com/ Join Waves News channel: https://t.me/wavesnews Join Waves Twitter: http://twitter.com/wavesplatform Join Waves Facebook: https://www.facebook.com/wavesplatform/



  • Waves-NG stress test: results in!

    NG will go live on mainnet in mid-December, with an expected throughput of 6,000 transactions per minute.

    The results of the Waves-NG stress test are in. The test ran from 8–10 November, with 30 nodes participating on testnet. A total of 3,000 people submitted transactions to these over the course of the 48-hour test, and the outcome was pretty impressive.

    The nodes processed a total of 4.6 million transactions, giving an average throughput of 2,000 txs/minute. Peak bandwidth was 17,000 txs/minute. When it comes to running the software on mainnet, we expect nodes to be able to process up to 6,000 txs/minute, or 100 per second.

    We’ll be releasing Waves-NG on mainnet in two weeks, with activation occurring mid-December. Stay tuned, and thanks for supporting this historic blockchain venture!

    Join Wavescommunity: http://wavescommunity.com/ Join Waves News channel: https://t.me/wavesnews Join Waves Twitter: http://twitter.com/wavesplatform Join Waves Facebook: https://www.facebook.com/wavesplatform/



  • Rewards to rise for mining and leasing WAVES!

    With Waves-NG just around the corner and rewards set to increase to around 5% per year, it’s a great time to start mining WAVES and generating an income from your holdings.

    Miners rewards are about to rise substantially! The terms for miners are changing, making running a node or leasing your balance even more profitable. Projections are that miners will be able to earn up to 5% annually on their balances — not taking into account expected increases in transaction volumes, or the price of WAVES.

    Not only that, but the Waves platform has just successfully tested the NG consensus protocol, which promises vastly increased speeds and throughput on the blockchain. Once NG is released on mainnet in mid-December, we expect the network to be able to process around 6,000 transactions per minute — making it the fastest production blockchain in the world, with many more transaction fees to distribute.

    Mine WAVES for profit

    With the number of transactions rising steadily over the past few months, and about to take another step up as NG goes live, there are new opportunities for miners to generate an income from their holdings. All you need is 10,000 WAVES and a simple hosted server to run the client — you won’t need any specialist hardware. You can find guides on how to get set up at https://www.cryptocompare.com/mining/guides/how-to-mine-waves/. You’ll receive all of the transaction fees from the blocks you process, in WAVES and other assets, as well as rewards in the form of the Miners Reward Token (MRT). The total annual rewards earned by miners will increase by up to 5% in the beginning of 2018.

    Lease your WAVES

    If you don’t have 10,000 WAVES or don’t want to maintain a node, you can always lease your balance to a miner or mining pool. Simply click on the Leasing tab in the lite client and assign your balance to the address of the mining pool you want to use. By doing this, you support the network and get paid rewards, but won’t have to run a node yourself. Leased balances remain in the full control of the owner — they never leave your account — and you can cancel the lease and unlock the WAVES for your own use at any time, with just two clicks.

    You can find more information and a list of mining pools at http://wavescommunity.com/leasing. Different pools pay out different proportions of their revenues, in WAVES and MRT, as well as sometimes their own assets. Lease or mine WAVES, secure the network, help process transactions and get paid!

    Join Wavescommunity: http://wavescommunity.com/ Join Waves News channel: https://t.me/wavesnews Join Waves Twitter: http://twitter.com/wavesplatform Join Waves Facebook: https://www.facebook.com/wavesplatform/



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