InterValue v2.0 testnet launch - First global recruitment of local full nodes alpha test
Dear InterValue’s Supporters and Technical Community Members,
InterValue aims to build a usable, multifunctional, high performance, easy to use, strong user experience and scalable infrastructure for Blockchain 4.0 era and develop the underlying ecosystem that will support applications of all kinds.
In the beginning of May 2018, the project released the InterValue v1.0 testnet to public after it was successfully tested internally during Q1. A large number of community members downloaded and experimented it. Feedbacks were very positive and testers expressed their confidence and enthusiasm about the product performance.
This time, InterValue will release its v2.0 testnet, as initially planned in the roadmap. This version will feature the newly designed HashNet consensus mechanism.
Hashnet is an ultra-high performance two-layer sharding consensus mechanism featuring full nodes, local full nodes, and light nodes. Full nodes are mainly in charge of establishing and reorganizing shards within the lower-layer, adding new local full nodes and removing the old ones, without participating in local full nodes consensus.
Local full nodes form various shards. Each of these shards performs internal transactions and achieves a consensus. Light nodes are wallet clients, and every user can use them to perform a transaction
Through InterValue v2.0 testnet launch, the team hopes to attract communities and professional organizations from all over the world, get them to participate in the establishment of a community and contribute to the development of InterValue's global ecosystem. As part of this InterValue’s local full nodes and light nodes recruitment plan, participants will be rewarded in INVE tokens in exchange for their contributions during the test after its completion. (Please visit InterValue’s official website for more details: http://www.inve.one).
| • | Nodes recruitment begins on July 5th, 00:00:00 (GMT+8) |
| • | The applicants satisfying entry requirements are allowed to submit candidate application. |
| • | When the candidate passes the review, the information relevant to candidates will be publicly disclosed on InterValue’s website. |
| • | Nodes recruitment ends on July 20th, 00:00:00 (GMT+8) |
| • | After the recruitment is completed, successful applicants will be provided with the local full-node procedure to download. |
| • | Applicants who successfully passed need to activate their local full-node and ensure that it operates normally before July 25th, 00:00:00 (GMT+8) |
| • | The maximum number of applications for local full node testing is limited to 2,000. |
| • | The test begins on July 25th, 00:00:00 (GMT+8) |
| • | The test ends on August 5th, 23:59:59 (GMT+8) |
During the test phase (July 25th,00:00:00 (GMT+8) to August 5th, 23:59:59 (GMT+8)), the number of transaction confirmations for participating local full node will be recorded in order to confirm their actual contribution in the process. At the end of the test, a certain amount INVE Token reward will be granted based on the contribution of each local full-node.
| Ranking | Rewards |
| 1st Place | 10,000 INVE |
| 2nd Place | 8,000 INVE |
| 3rd Place | 6,000 INVE |
| 4th Place | 5,000 INVE |
| 5th Place | 4,000 INVE |
| 6th Place | 3,000 INVE |
| 7th Place | 2,500 INVE |
| 8th Place | 2,000 INVE |
| 9th Place | 1,500 INVE |
| 10th Place | 1,000 INVE |
| 11th-100th Place | 500 INVE |
| 101th-1000th Place | 200 INVE |
| Linux Operaring System | Version |
| Ubuntu LTS | 16.04 and above |
| Component | Memory | Local Storage | Server Number |
| Local full node | 16G | 500G+ | One node |
| • | Upstream bandwidth≥2Mbps。 |
| • | Static IP。 |
Appreciate your support for our efforts
InterValue team