Wednesday, February 6, 2019

Summary of Feb 6 Engineering Call #18

Fork Phase Fork 2:
*please check out the Medium Article written on this fork
-new repository on GitHub for new changes: ElectraCore.git
-fork block #: 182,750 (est. 19th February)
-Atomic Swaps are fully integrated and working now. Testing is complete.
-our blockchain will be upgraded to PoS 3.0(e) upon fork
- customized, (more secure)
-block time: 64 secs in anticipation for ElectraPay
-block size is now variable, can handle up to 10MB
-up to 50,000 tx’s per block
-Segwit integrated in the fork to prepare for future scaling
- will roughly double the # of transactions per block
-30 day max on staking rewards is being changed to 60
-QT wallet is to be released on the 15th

Wallet Testing: (Jenova)
-testing done for wallet v2.0
-code is being cleaned up atm
-wallet releases on the 15th, fork should be on the 19th
*all info can be found in the new wallet setup guide
- DO NOT use the wallet in between the 15th-19th
- after downloading, wait till the fork to make tx’s
- if downloading wallet AFTER the 19th, this is fine, just don’t make any tx’s before upgrading
-v2.1, once released, will eliminate orphan blocks completely, allowing ECA to be received safely with 0 confirmations.

ElectraPay:
-still in development
-with the new debit cards (once implemented), we can achieve instant tx’s and confirmations
Marketing/Partnerships:
-partnership with a hardware wallet company is in the works
coming soon (post-fork)
-other partnership integrations waiting to be released post-fork

Exchanges:
-shortly after fork, we will see a few new exchange listings
- team is still working on landing a big exchange
-legal partner (Agile) established us as non-security token

Foundation:
-can now accept donations in BTC/LTC/ETH and of course ECA
Bitcoin: 33AJAGjPDfm6zoXFBjfemxHdqHoAAovCdt
Litecoin: 38nfGmEZWQ7HENz9rDjW9QQJ23mwSbYwFv
Ethereum: 0x9233d4f5629e75cef5403e5c97319bf94e1cbf33
Electra: EYPFYiy3gkS7ENJ8zFfctMXrFdiBggh2Fc

-EO1 is back from the military, 200mln deposit has been
received. (Full 300mln is secure now.)
-on the foundation website page, there is now a record of tx’s in and out of the wallet. With labels to make it easy to identify what the tx/s are for.

Misc:
-new block explorer is up and running
-Robert gave a call for business-minded community members to join the team and help push the Business Development of Electra! Message him privately for more info



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