newslogical.com
The IOTA foundation via its monthly update on research progress has disclosed that the new GoShimmer v.0.2.0 is scheduled for released soon and it is expected that it will come along with “Parallel Reality-Based Ledger State” consensus.
GoShimmer will be out end of June, IOTA Foundation has said.
GoShimmer is also referred to as IOTA 2.0, an advancement prototype of IOTA node software. It is designed to introduce Coordicide and achieve consensus without the coordinator in a bid to decentralize the IOTA network.
“Parallel Reality” otherwise known as “Tangle Multiverse” is a new consensus model intended to make IOTA 2.0 more resilient, secure, and efficient.
Respected cryptocurrency investor and co-founder of IOTA, Serguei Popov, stated in the update that “parallel reality” will be one of the main topics for future research, and that the IOTA development team are done testing and implementing the parallel-reality based ledger state that will be part of the next GoShimmer.
The IOTA team believes that the new concept for managing the ledger state will be one of the major features to assess after the release and a very good fit for its decentralized network. Popov emphasized that the release of GoShimmer is scheduled for the end of June. He described that numerous new features are included in the new GoShimmer version to mark an important milestone for Coordicide.
According to Popov, the IOTA team considers the release of GoShimmer as a significant milestone, because it will be the software to support conflict resolution and value transaction with other updates such as UTXO, different transaction layout, support for parallel-reality among others.
Popov and his team had recently completed an API which was designed for providing value transactions and retrieving balance of particular addresses to form the core of a new “very simple” wallet.
Popov states that the research team is gradually shifting focus from unit and integration testing to writing results and researching of best parameters as the specification nears completion.
He further disclosed that with the mind of shifting focus, the team had published two new papers on Mana and FPC is scheduled to be presented at the Futures Technologies Conference (FTC2020) in Vancouver, Canada, on the 5th and 6th of November. Nevertheless the team has submitted two networking papers and currently working on a new dRNG paper.