Dear Stakeholders, Blockchain enthusiasts and Crypto Traders,
As per last quarter 2020, DDK Team has released an official announcement regarding the development of the DDK Blockchain Core 2.1 (https://announcements.ddkoin.com/2020/08/21/ddk-blockchain-2-1-be-the-future-by-our-innovation/).
In the previous announcement, we stated that the Test-Net Core 2.1 was estimated to be launched in September 2020. Therefore, please note that we have successfully launched the TEST-NET CORE 2.1 in which the FIRST (1st) PHASE test-net within DDK Blockchain is in developers testing phase.
Moving towards Decentralized Finance (DeFi) solutions platform, we need to implement these phases carefully and thoroughly as you all aware that this is a migration of CORE 1.0 to CORE 2.1 and is a Blockchain (DPOS-AEPOS) upgraded version to a Smart-Contract Blockchain protocol.
Nevertheless, we would like to extend our gratitude to the DDK Blockchain Core 1.0 users, HOLDLERs, Delegates and the DDK Community at large who always stayed optimistic and showed continued support. We received a lot of questions asking about the current status of the progress and observed that people were eager to know the finalized features of DDK Blockchain Core 2.1. Thus, we are very happy to release some updates on the progress of the development.
Before that, let us recall on the list of features that will be developed in DDK Core 2.1:
1. New Payment Addresses.
2. Improved Key & Cryptographic Signatures.
3. Built-in Smart Contracts.
4. Native Assets: Token Issuance/DAI.
5. Multi-Signature Capabilities.
6. Hierarchical Deterministic (HD) Wallets.
7. Enhanced Network Scalability.
8. On-Chain Referrals.
9. Multiple thread of CPU.
PLEASE NOTE THAT DETAILS OF THE FEATURES WILL BE EXPLAINED IN DDK BLOCKCHAIN CORE 2.1 WHITEPAPER THAT WILL BE FINALIZED SOON AND WE WILL BE DISTRIBUTING THE COPY TO YOU BY MARCH 2021!
For THE TESTING PHASE, please be informed that there are FOUR (4) STAGES OF THE FINAL PHASE TO MAINNET DDK BLOCKCHAIN CORE 2.1.
Please refer below for further details:
1) ALPHA TEST-NET – Testing among Developers
Estimated Timeline: October 2020 – Mid of March 2021
This is the internal testing process that will be conducted among the Developers and Management team, to ensure that all the technical features as well as new UI/UX are developed and working properly. We will also make sure that the updates produce the expected result as planned for this upgraded version of Blockchain Technology.
2) BETA TEST-NET – Testing among Delegate and Public (Selected Beta Tester)
Estimated Timeline: End of March 2021 – Mid of May 2021
After the first testing that will be conducted among the developer’s team, the platform will be open for the second (2nd) stage of testing which will be carried out by DDK Delegates and selected Beta Testers. These people will be decided by the Delegates team. This process will be aimed at testing the capacity of the platform to run a large scale of transactions and high traffic that will be made by the community in the future. All the errors that are being detected will be immediately being fixed before the core can be converted into Mainnet Platform.
The large scale of the selected community will assist the developers on the testing results and monitoring functions in order to get fast feedback. This will be considered as both an internal and external stress-test. In addition, this phase will be gradually open to the entire public to test once the early phase of this testing stage is completed and streamlined.
3) GAMMA MAINNET – 1st Version
Estimated Timeline: End of May 2021 – Mid of July 2021
The Core 2.1 is now already being prepared for launching on the MAINNET platform. During this process, the old core will slowly be converted/replaced with the Core 2.1. The transition between old core and Core 2.1 will be done gradually. In the same time all features in Core 2.1 are fully implemented on the MAINNET platform.
4) DELTA MAINNET – Final Version
Estimated Timeline: End of July 2021 – Forever
In this final phase, DDK Core 2.1 will already be stable to run fully on the MAINNET platform. Users will then be able to use entire features that were created and planned on this new core. DDK Mainnet platform is an open-source Decentralized Finance (DEFI) platform where any users can fully utilise the features such as DAI and Smart Contract.
We are also preparing on the development of sendstake function, passphrase redeem and Pending Group Bonus features. However, these features only can be released when core 2.1 Mainnet is stable enough to be used by the entire DDK community.
We are positive that all phases will be smoothly implemented as planned. In case we are able to deliver any phases and testing progress earlier than the mentioned timeline, we would timely and comprehensively inform you on the progress.
Please be informed that the information contained herein is subject to change and any changes we may make to our development in the future will be notified to you by announcement, whenever we consider it appropriate. Please check on our announcement frequently to see any updates or changes made to our development.
Stay tuned for more Blockchain Technology knowledge and implementations!
Your cooperation is highly appreciated,
Disclaimer: DDK Platform is a 100% Decentralized (open-source) Blockchain Technology platform using Delegated Proof of Stake (DP)S) protocol. We STRICTLY ADVISE users to perform due diligence through research and understanding of the use of any site and services and features of the technology that have significance financial risks and due diligence is definitely crucial before taking part in any of open market promotion. Kindly take extra precaution for products and services that are not aligned with the DDK official whitepaper, DDK Roadmap and/or DDK official media channel. Any transactions made is solely users responsibility as the assets holder where transaction are done through decentralized manner. Please also be informed that any transactions, trading or utilization of the assets in the global exchanges where DDK is listed is subjected to the Terms and Conditions of the global exchanges respectively. Please also observe and adhere to your country rules governing digital assets and cryptocurrency at all times to avoid any legal consequences.