16 posts tagged with "News"

TL;DR​

If you’re currently using fastnet you must migrate to quicknet by October 31st.

TL;DR​

• Testnet fell behind for 45 minutes.
• The ceremony was aborted.
• Fallback to non-TLS on some nodes caused the network to fall behind.
• Bugs in migration paths and the state machine blocked the ceremony.
• We will re-run the ceremony asynchronously.
• Testnet has regained stability and is operating normally.

quicknet is live on League of Entropy mainnet​

We are thrilled to announce the General Availability (GA) of our brand new quicknet drand network running on the mainnet nodes. This significant upgrade harnesses the capabilities of the new unchained randomness mode, enables timelock encryption in production, and delivers outputs at a much faster frequency of 3 seconds!

The network has now been running without issues for a month and a half since its launch on August 23rd, and we’ve seen our first early adopters start transitioning to it successfully.

Dear Friends & Colleagues,

TOPLINE: After four years of stewarding the drand project on behalf of LoE, Protocol Labs has decided to spin off our drand team into its own private enterprise, now called Randamu.

Last month, we have identified **a minor issue** in our implementation of the BLS signature on G1 used in the newly launched fastnet network. This is an RFC compliance issue which led us to plan the launch of a new compliant quicknet network and to spin down fastnet.

What, Where, & When​

The drand community and developer base is expanding rapidly. drand usage is gaining momentum with many applications using it to draw randomness for their systems. While our **slack workspace** is a great place to interact with other developers and the drand core maintainers, code walkthroughs are even better if one wants to gain a holistic view of the system, become familiar with nitty gritty details, and ask questions in real time.

We are happy to announce that our timed release encryption scheme "tlock" and its implementations, which we introduced in our previous blog post, have recently undergone a comprehensive security assessment by Kudelski Security. This was a crucial step in ensuring the robustness and reliability of our encryption system in order to guarantee that timelocked content remains encrypted until the time has come for it to be decrypted and never before.

On the 30th of March, the drand team hosted the second edition of the Randomness Summit alongside Real World Crypto in Tokyo, the first having been online only in 2020 during the COVID pandemic.

The drand team has been busy during the past year working on delivering an exciting new feature: Timelock Encryption. Timelock encryption enables you to encrypt a message that cannot be decrypted by anyone until a specified time in the future.

We are excited to announce that IPFSForce has joined the League of Entropy!