A report containing all the latest updates on IOTA developments has just been published. This report lists all the progress that has been made in recent times, providing an overview of the progress of the project.
Dev Update, January 2021 – The year has just begun and a lot is happening at #IOTA! The engineering team is focused on #Chrysalis phase 2. Check the latest news of all our key projects, including #Pollen, #Bee, #Hornet, #SmartContracts & more. https://t.co/hTyqDAzgzK
— IOTA (@iotatoken) January 14, 2021
In the post, we can learn how IOTA 1.5 is progressing. This phase is called Chrysalis and is an intermediate phase before the stage called Coordicide. It is worth noting that phase 1 was launched last August on the mainnet.
As for the Chrysalis phase 2, it was only last month that the testnet was opened to the public in order to better test the launch. From the tests carried out, it seems to have a stability close to 100%, and therefore in the next few weeks, we could have a product already operational for the mainnet.
Pollen has also been updated and version 0.3.5 has been released, focusing on providing greater stability. The team is now focusing on the next steps, which will be refactoring Tangle, Mana, congestion control and more.
The node APIs, like Bee, have also been updated, and the Bee team is working to release the testnet version next week. In the meantime, code audits are being carried out, which will take at least three weeks.
Positive news also for Hornet, which has been progressing for over a month on the testnet and during this period several improvements have been introduced to make the system even more solid and, through targeted and local snapshots, it has been possible to solve some bugs, without interrupting the whole testnet.
The alpha version of Stronghold has also been underway for over a month. This is such a complicated structure that it needs to be studied in-depth, and in fact those who have been chosen will dedicate themselves solely to this project and will have to follow a number of well-thought-out procedures before moving on to the beta version, which is expected to be released in spring.
Improvements, especially in the graphical interface, are also being made to Firefly, and here too a code audit is underway, while as far as storage is concerned, Stronghold will not be used as the main database, but rather SQLite will be used.
Updates on IOTA Identity
The progress of IOTA Identity is also interesting: it has now moved from the alpha version to the first version of an official release, which will be followed by all the documentation and tests that took place during the previous phases. This will allow everyone to test and integrate this new identity management system.
Finally, as far as smart contracts are concerned, these are still in the pre-alpha version and therefore it will take some time before we can see concrete and ready-to-use results.