This is a small update on the current development of the Deviota Field service. For the past few weeks we have been working on a few “premium” features that have been enabled on the public load balancer.
What is the load balancer?
The load balancer is simply a server that distributes the requests to several servers from a pool.
In the case of Deviota Field the pool servers are the participating IOTA Nodes that you can see on http://field.deviota.com
When you connect your wallet to the load balancer located at (outdated URL) your request is forwarded to the pool nodes. This way, the load is evenly distributed across the participating nodes and effectively protects them against DDoS attacks.
Higher security through consensus
Each request is forwarded to several nodes. All the responses are compared and checked before returned to the user. This way the user can be sure that she is not connected to an evil or eclipsed node that returns erroneous information.
The fastest nodes get higher score and the user a faster, secure response.
Recently, we have added automatic promotion and reattachment for all value (non-zero) transactions. All the transactions send for storage are “remembered” and periodically checked (every 2–4 minutes) for up to 24 hours after creation.
If a transaction is promotable it gets promoted 3–10 times. Otherwise it is reattached. Once it is confirmed (or one of the re-attachments), it is removed from the queue. All the proof-of-work is done by the participating Field nodes.
It is a definitive value-added for the users. No more manual reattachments. Send and forget. The Field Nodes do the rest.
We have added two new statistics showing how many value-transactions have been confirmed using the new auto-promotion feature. Also a new counter has been added that shows the sum of all value-transactions that have been sent using the Field:
In the first 48 hours after enabling the stats, over 5 million USD worth of IOTA have been sent through the Field. The Field is fast, secure, reliable and makes the tangle easier to use. For this reason, within less than a month, it is becoming one of the largest services for the light wallets.
Thanks to the participating Nodes!
Without the pioneer work of these awesome people, the Field project would not be possible. Imagine how much is spent by the community to run those 370+ nodes? If you are an IOTA believer, show them some love and make a donation to the current season:
We are working on several improvements for the load balancer to make it even smarter. We also need to cleanup the code and make it modular. Afterwards, the field server will be open sourced. Soon!
The next milestone
Recently, we decides to package and open-source another set of tools and libraries as a separate project for the community. It might be nothing or a huge something. 😉 The idea is to show what is possible with the tangle with just a little imagination. More on that… soon!
The Deviota financial manager
Each new milestone brings us closer to the final product. We decided to go the “hard way” and package each step of our progress as open source tools and services for the community. This way, even if we never reached the final destination, the community can profit from our work right away.
The overhead slows us down, but it’s worth it! I still cannot predict the final date as it depends on how many other tools we are able to extract as separate projects for the benefit of everyone. But we are getting there. Soon!
Many thanks to the people that are working their asses off to make it happen. And a huge thanks to the community for their trust and support.
Back to work. 🙂