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IOST (IOST) announces the release of second testnet iteration – Everest v1.0

IOST (IOST) is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy.

On October 1, the IOST team announced the release of second iteration of the IOST testnet – Everest v1.0.

Everest v1.0 Highlights

  • New Smart Contract system supporting JavaScript
  • Re-designed Virtual Machine
  • High performance Storage layer with Multiversion Concurrency Control (MVCC) cache
  • Fully decentralized network layer with fast discovery and efficient broadcasting

According to the announcement, Everest v1.0 will serve as the foundation of IOST’s upcoming mainnet release. Mainnet is scheduled for release in Q1 2019  – several months earlier than originally planned.