Iron Fish - 1st level blockchain

in #iron2 years ago

Iron Fish is:

  • 1st level blockchain, which provides the most reliable guarantees of confidentiality for every single transaction
  • use of zero-knowledge proofs (zk-SNARKs)
  • the most advanced encryption industry standards
  • full control over transaction details with account view keys
  • Proof-of-Work (PoW)
  • censorship-resistant and accessible to all blockchain

Iron Fish raised $ 27M from a16z (Andreessen Horowitz), Sequoia, Jeff Weiner (executive chairman of LinkedIn), and other foundations

Currently, this project has not yet been fully launched and just yesterday Incentivized Testnet was launched, to which anyone can join !!! If you have free servers and a little time, be sure to join

What is the advantage of participating in test networks?

  • firstly, this is an early acquaintance with the project
  • secondly, it is an opportunity to earn various rewards for participation (coins, possible allocations, etc.)
  • and finally, thirdly, be prepared for the launch of the mainnet

The test network started on December 1, 20:00 UTC / 23:00 Moscow time and will last until the team decides that it is ready to launch the mainnet. A total of 420,000 coins have been allocated for awards, which is 1% of the total supply. By participating in the test network, everyone will earn points, which will then be converted into coins. Points can be earned by completing the following activities:

  • Launch a node and a miner, and mine blocks - 1 mined block - 100 points (maximum 1000 points per week)
  • Search for errors - 1 error = 100 points (maximum 1000 points per week)
  • Testnet Information Dissemination - Coming Soon
  • Community Contribution - Coming Soon
  • Development assistance (maximum 1000 points per week)
  • Do something amazing)))

For an ordinary user, the easiest way to take part in the test network is to launch your own miner, but you need to take into account that the requirements for servers are quite serious. So the minimum server specifications are 8 CPU, 16 GB RAM, 100 GB SSD, Ubuntu 20.04. If you rent servers from hosting, then you need to take exactly DS (Dedicated Servers), since if you take ordinary dedicated servers, you can easily get a ban. I will also note that mining is prohibited on many hosting sites

So, if you are ready to start mining, then you can use the following instructions for launching nodes - from Let's Node - https://teletype.in/@letskynode/Iron_Fish_RU (launch through Docker) or from Nodes Guru - https://nodes.guru/ironfish/setup-guide/ru (launch through a service)

Useful links

Explorer - https://explorer.ironfish.network/
Leaderboard - https://testnet.ironfish.network/leaderboard
About Testnet - https://testnet.ironfish.network/about

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