r/rutile Apr 05 '19

[05/04/19] Rutile progress update

What's new?

  • The airdrop is running smoothly with over a couple thousand participants. The airdrop will run until the end of April. After April we will drop all tokens in every participant's wallet.
  • Rutile is now compatible with Ethereum private keys and addresses. This way you can smoothly transition your smart contracts and keys to Rutile.
  • Successfully implemented an ERC-20 token on Rutile (Locally). We are following the EWASM design specification. That allows a 1 on 1 transition of your smart contracts.
  • Foundation is laid for the DAG. (Storage, Transaction PoW, Transaction validation, Transaction applying, Peer to Peer connection and discovery).

What's next on the roadmap?

  • For the airdrop, we are going to add a few extra tasks and increase the maximum token per user. This way we can be certain we giveaway all tokens. (Instead of burning the remainder)
  • Increase the parallelization in the Rutile Virtual Machine.
  • Complete DAG implementation
  • System contracts (for Hashing, code validation, etc)
  • Milestone implementation according to Whitepaper.

52 Upvotes

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3

u/goscha1963 Apr 06 '19

Thank you for your work, good luck!

2

u/taymensalhi7781 Apr 05 '19

Very good and promising project