Monthly Community Call

Recorded: April 12, 2023 Duration: 1:20:08

Player

Snippets

I worked. Can you hear me, cover?
Yes, can you give me two? I can, I can.
I don't think I'm Boris. Sorry I got lost. We've got finisher. How do you do? Good, thank you. No, bad, no, bad at all.
So we're on two week up for four minutes. Yeah, we're on one minute.
I think we're okay.
So Venisha, our usual trick is to start off this course with a generic update and then we go through the questions for speaker.
- I'm going to go ahead. Do you want me to start off with a quick run through? - Absolutely. - Yep. - Let's go ahead. - So I think, just a lot of our update today will focus on TestNet and not be three and the preparations we're making.
towards Mainnet. As I'm sure everyone has seen since the last community call we have gone live with Entry Public Testnet. We've also launched the incentives program for people that
testing. Both of those things have gone very well so far and we've got a lot more planned. So I think to date we have over 90,000 moats that have interacted with N3's public testnet that compares very favorably
to the numbers that interacted with num2. We originally, I think for the first 20 days or so, averaged out around 10,000 transactions per day, which wasn't bad. We have since moved up by 10x.
and running up more than 100,000 transactions per day at the moment. And we're targeting, take them out by another 10x, gradually over the next four weeks. So the majority, I think, of the original transactions at 10,000 a day, they were
too much internal testing for the team. Since then, I'm sure you'll have seen that we've been stressed testing the network ourselves. So that's where the majority, I think, of the other transactions have come from since. I work on
confident based on what we've seen so far that the performance metrics we are experiencing with public testnet they're a good start it's based on pretty much unoptimized build of non-
So I think we've topped out over 100 transactions per second so far on public testnet. We have a parallel internal testnet that's done 300 plus so far. But again these are based on pretty much unoptimised builds. We will be taking that higher over
over the coming weeks. So the obvious target for us, first and foremost, is to try and get up to 1000 TPS, which is usually the limit for most networks that run off a geth node. We will hit that and then we plan to go quite a bit beyond it. We've talked about some of the
architectural innovations that Nami 3 will feature. We haven't revealed them fully yet, but they will be seen on TestNet before they go live on Maynet. In the same spirit, we've been deploying products to N3 public TestNet. So the first one was Nephi.

FAQ on Monthly Community Call | Twitter Space Recording

What was the focus of the update on the podcast?
The update on the podcast focused on the testnet and preparations for mainnet.
What has gone live since the last community call?
The entry public testnet has gone live since the last community call.
What program has been launched for people testing the testnet?
The incentives program has been launched for people testing the testnet.
What is the current number of moats that have interacted with n3's public testnet?
The current number of moats that have interacted with n3's public testnet is over 90,000.
What was the daily transaction average in the first 20 days of testing?
The daily transaction average in the first 20 days of testing was around 10,000.
What is the current daily transaction rate on the public testnet?
The current daily transaction rate on the public testnet is over 100,000.
What was the majority of the original transactions during the early testing phase?
The majority of the original transactions during the early testing phase were for internal testing by the team.
What is the current limit for most networks that run off a geth node?
The current limit for most networks that run off a geth node is 1000 transactions per second.
What architectural innovations will nami 3 feature?
Nami 3 will feature architectural innovations that have not been fully revealed yet.
What was the first product deployed to n3's public testnet?
The first product deployed to n3's public testnet was Nephi.