After the community approval of the Iris Hard fork, we are delighted to announce that the Iris final release has been published and that activation will occur at block height 441444 which will happen approximately on June 10th @ 9:11 AM CEST.
This marks a historic milestone of æternity network development since the last three scheduled hard forks, and provides the æcosystem with an amazing set of new features that can be used once the protocol update is activated at block 441444.
All the changes and improvements are documented in Github and our forum but in order to spare you digging in repositories and / or forum posts here is a brief compilation of the main improvements that Iris brings to the æternity network.
* New cryptographic primitives included in the virtual machine which allow running Zero Knowledge proofs and advanced multi-signature schemes on top of æternity.
* Contract factories and contract cloning are now possible with Sophia smart contracts increasing usability and security in general, particularly for DeFi services.
* Users can now execute transactions with a third party paying for the gas , which will result in a much smoother onboarding experience for æpp users.
* State channels now allow delegates, who protect the interest of the participants of a channel, to be modified while the channel is running. Participants can now change their delegates during the life of the state channel, with a new transaction type.
If you want to dive deeper into the rich set of improvements that Iris provides you can take a look at this extended description of the Iris improvements or the v.6.0.0 release notes.
All the components of the aeternity tech stack and related software have already been updated to ensure compatibility with Iris so use cases in the ecosystem, wallets, exchanges , mining pools and node operators in general only have to update to the latest releases.
After the Iris activation, we continue the work of keeping æternity the most advanced blockchain in existence, thus we highly encourage the community to propose new features to be included in the next hard forks, either by fully completing Aeternity Expansion proposals according to AEX1, if the community member has the knowledge to develop a full AEX proposal, or just by posting the concept of the feature in the forum to be assessed and further developed in the shape of an æternity expansion proposal. Æternity is yours and we want you to have a louder voice in the development of the æternity technology and æcosystem. Your æternity feature proposals are appreciated!
We are proud to have become stronger thanks to the vibrant and committed community that can influence the future of the network, fulfilling the vision of æternity contributing to a more decentralized, private and free world.