News (next changes) from july 15 AMA:
We rather believe that the reporting system can be improved by adding rewards for proper reporting and limiting the number of flips that can be reported.
Network participants have to agree which flips are bad. First of all, flips must comply with the given pairs of keywords. It’s a clear criteria for reporting.
Rewards for the reported flips are to be distributed among the committee members that reported them. Limiting the number of flips that can be reported would make people choose which flips to report.
The invitation distribution system is to be changes as follows:
- Humans will get 1 invite starting from those with the highest score
- The remaining invites are distributed first to Humans (1 to each account) and then to Verified starting with those having the highest Total score.
As a result, Humans with a low Total score will probably get at least 1 invitation. Verified accounts might get invitations only if there are invitations left after all Humans have received 2 invitations each.
The targeted number of invitations in the network will be calculated in the same way as it is done now: 50% of the network size after each validation (Idena foundation invitations remaining extra).
The most important ones are the following:
- Sharding Phase 1: Q4
- Oracles voting: Q3-Q4
- Predefined smart contracts: Q4-Q1
Currently we are focused on the following items:
- Validation flow improvements, load testing
- Protocol changes: Reporting system, Identity scoring, Flip reward system
- Extending the node API to enable building Validation-as-a-Service apps on top
- Predefined oracles smart contract integrated into the protocol and UI for the app
https://t.me/IdenaNetworkPublic/95520