IRISnet completes second smooth upgrade of primary network DeFi support upgrade

BlockBeats: IRISnet main network IRIS Hub completed the second smooth upgrade on November 29, 2019 Beijing time, and the main network was upgraded to v0.16 version. After the upgrade, atomic exchange (HTLC) and Coinswap function modules are added to the main network. DeFi application supports comprehensive upgrade, and Snapshot function is also added.

According to the roadmap in the IRISnet white paper, during the NUWA phase, the second phase, IRISnet  Additional basic modules will be added to support application development, especially DeFi applications. These new modules are planned for release at this stage, including multi-asset management, Coinswap, multi-signing accounts, etc. And plans to work with 1-2 eco-partners to develop applications using these modules; It is also planned to complete a test connection with the Cosmos Hub at this stage.

The IRISnet main network IRIS Hub is built on the Cosmos SDK, and the two main network upgrades successively introduce core functional modules such as multi-asset management, random number generator, atomic exchange (HTLC) and Coinswap, which prove that Cosmos SDK can be supplemented in a highly modular way with composability.

Source:mp.weixin.qq.com

Silver block rhythm BlockBeats reminded, according to the circ and other five departments issued in August 2018 on the guard against in the name of the "virtual currency" "block chain" illegal fund-raising risk warning "file, please the public rationality block chain, don't blindly believe in reduction commitment, set up correct concept of money and investment philosophy, effectively raise the risk consciousness; To the illegal crime clue that discovers, can report to concerned branch actively reflect.

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia