Gulden 2.0 release

When should I upgrade?

After extensive development the Gulden team is excited to announce the release of 2.0.0, the first release of many in our 2.0 product line which will see frequent updates going forward.

As mentioned in our previous development update which can be reviewed here, there is an automated 5 phase process that needs to take place. Witnessing itself will activate in phase 3, approximately two weeks from now.

In this version it’s possible to create a witness account but not yet fund it, this will be possible in phase 2 for which a new version (2.0.1) will be released within the next 2 weeks.

Power Users and enthusiasts who want to experience witnessing in action on our testnet environment should sign up to the Gulden slack and join the #testnet channel.

Miners need to update as soon as possible, exchanges do not need to update until we are ready for phase 3 activation and should contact us if they need more information.

What is included in the 2.0 release?

On the 18th May 2017 the white paper for PoW² was made available on for the public to review. Including the main advantages PoW² is bringing for Gulden.

Advantages of Segregated Signature – The 58% factor:
1. 58% space saving on all transactions.
2. 58% increased transaction throughput. No block size or frequency changes needed.
3. Combined with our planned project Epoch, users will be able to run Gulden nodes on the most modest hardware well into the future.
4. Overhaul to the transaction script system which allowed us to implement PoW² and SegSig as clean as possible along with other benefits.

Post the 2.0 update a technical write up of SegSig will be made available in the release notes.

With the Gulden blockchain growing constantly, it resulted in the initial synchronization of our desktop wallets taking longer over time. We decided to advance Sonic development to be included in the 2.0 release.

All tests have shown an above 66% improvement in sync times across all operating systems. Speed matters and more updates will be made to further improve the sync process.

Release notes:

Support and Testing

We thought this would be the appropriate time to thank our community involved in Support and Testing who provide incredible value in making sure user queries are dealt with as effectively and timely as possible. Our bug hunters going all out on the 2.0 testing to make certain we deliver a smooth update on release.

The following members of the community deserve a special mention for going above and beyond expectations. The passion and care they have shown in their respective roles in support and or testing has made a positive impact on Gulden as a whole.

Aat de Kwaasteniet, Matthias Bentein, Harm Jan van Kammen, Jeroen Bakker, Vincent van der Kroef, Martin Kollaard, Bart Hulshof, Bastijn Koopmans, Jeroen Aarden, Nick Toet, Onno Geenen.

The Future

Some say Unity is strength and more than 50% of our community agreed when they decided on Unity as our next project in our March 2018 vote.
The 4 projects added to our roadmap that was put up for vote can be reviewed here . The other 3 projects Alias, Nomad and Epoch development order will be decided by the team and made public shortly after.

This project is a continuation from PoW² and will be worked on in tandem with Unity.

The main feature of PoW² II is to have safe zero confirm instant transactions. It will be revealed in the PoW² II portion of the white paper how this implementation will be achieved.

The project itself, while complex, will not require the same amount of development time as 2.0 which had over 40000 lines of code changes and 3 projects combined into 1.

Team Growth
In 2018 we added 2 full time developers to the team, 1 for iOS and another for core development. Both developers are highly skilled and compliment the skills matrix needed to accomplish the goals we have in place for Gulden.