Dear community,
Since the beginning of the REBL project, we have envisioned REBL to be the coin of the people. We want our community to be involved and on track with all that is going on in the office. To keep you up to date with all the latest news here at Rebellious, we provide a monthly update each month, in which we discuss all events and developments since our last update.
In addition to our monthly updates, we are focused on open and transparent communication about our technical progress. As the development process of our blockchain is in its advanced stages, we will be utilizing Github more often to share more detailed progress. In the coming months, we are aiming for regular delivery of updates and comments as we finalize the blockchain development.
For more information: https://github.com/RebelliousToken
The main net has undergone testing for multiple weeks now, and with a few iterations and a lot of bug fixes, we are getting closer to the test results we are aiming for. The thing with not being an ERC20 token is that the REBL network is subject to more vulnerabilities. These vulnerabilities are in our control, as we decide all variables and we set the parameters.
We must test for all scenarios such as the network being under attack, stress tests for network peaks, confirmation times, etc. For now, this is being done on a private test net. We are getting closer to the next step in this process and will soon invite all REBLs to take part in the public test net.The technical whitepaper to document all of this is coming. It is a work in progress, and we are busy updating this, but we have decided to wait and release it once we feel comfortable that most of the information and parameters are final.
REBL Labs is a project that aims to help develop and support the community. The current primary focus for REBL Labs is expanding and enhancing usability. REBL wants to stimulate mainstream cryptocurrency adoption, and ease of use is one of the most significant current drawbacks. One problem we currently are tackling is the problem with ERC20 wallets. The REBL ERC20 wallet has been updated with extra functionalities this month: in addition to the Ledger Nano S, we now have Trezor support.We are planning more functionalities for the coming months and are currently expanding the REBL ERC20 wallet into an ERC20 multi-wallet. Even though REBL will switch to the REBL blockchain this year, we still want to address this problem as a lot of REBLs hold other ERC20 tokens besides REBL. When finalized, it will be a very secure and user-friendly ERC20 wallet that supports all ERC20 tokens.
Ethereum gas prices peaked this week. Gas price has reached close to 100 gwei per gas for an Ethereum transaction. The network is clogging, and scalability issues for Ethereum are once again the talk of the day. It is affecting a lot of parties in the cryptosphere, for example, big exchanges like Binance have to take drastic measures.Efforts to scale Ethereum are here, but still have a long way to go. It is something we have to deal with since it upsets our wallet usability and the reward claiming function. We are currently working on a workaround for this; however, dealing with these kinds of problems are not accounted for in our development plans. For now, we have to ask all REBLs to be patient and hope for the Ethereum network to change for the better.
Round 2 of the Shardax listing battle has ended. Just like in round 1, REBL was amongst the top-voted projects. Unfortunately, it came up a few votes short to win the round. Round 3 has now begun, and all votes have been reset.
We are again asking all REBLs for a call to action to vote for REBL in the round 3 voting battle. Round 3 will end on the 1st of August 2018 at 23:59. Please note everyone is allowed one vote daily!Shardax exchange – Please vote for REBL by clicking here. Thank you all for the support, we appreciate all the effort our community members put in the REBL project very much!
That is all for this month’s update!
