Welcome to the August 2021 Meros Development Update. This update covers news from both the July and August State of the Project videos, and the full stories can be found here for July, and here for August.

Issues with the July State of the Project

In July, we experienced some issues with the quality of the State of the Project video published to YouTube and shared with the Meros community. We weren’t satisfied with the end result and so we released a revised video later that month. We’d like to apologise for any inconveniences the initial release and the following…

Welcome to the June 2021 Meros Development Update. We aim to have these updates released in the middle of the month, yet sometimes run a bit late. As always, this is a written summary of the State of the Project podcast, and the full story can be found here.

Meros’s 3rd birthday!

As of May 20th 2021, Kayaba has been working on Meros for 3 years! The day actually marks the initial code commit for Meros on GitHub. Through all he’s achieved so far, when asked, it was ASMR that Kayaba feels most proud of coding to date, noting its…

Welcome to the May 2021 Meros Development Update. We’d like to apologize for the late release this month; Strontium ran into some medical issues which slowed things down. We aim to have these updates released in the middle of the month moving forward. As always, this is a written summary of the State of the Project podcast, and the full story can be found here.

RPC updates completed

Kayaba has finished his work on updating Meros’s RPC. The RPC is how other programs and services, such as exchanges, will communicate with Meros. …

Welcome to the April 2021 Meros Development Update. Meros and Smart Reach release a monthly State of the Project video covering Meros’s development agenda, milestones, and GitHub activity. From this month forward, we’ll be providing short summary articles as an accompaniment to each video release.

Features posing as issues

Anyone delving into the Meros GitHub may notice that many of the issues cover future development tasks rather than describing existing code issues. These are presently being used similarly to post-it note reminders for yet to be implemented features. Kayaba, lead developer of Meros, has provided full protocol documentation, including these…

We announced ASMR, our proof of concept implementation of a new atomic swap protocol, weeks ago. At the time, we only had support for Meros, yet planned Nano and Monero. Yesterday, we posted we had completed support for Nano. Today, we’re happy to announce we have completed the trio, and finally added support for Monero!

Our Lead Developer, Luke Parker (Kayaba), actually completed the first XMR atomic swap on August 29th. That said, while the success path of the swap worked, atomic swaps are known as atomic because they’re guaranteed to work. If you can’t get the funds you want…

We recently posted about ASMR, our proof of concept implementation of atomic swaps for Meros, Nano, and Monero. At the time, despite enabling all three cryptocurrencies to achieve cross-chain interoperability, it only had firm support for Meros. We’re excited to now be able to announce that ASMR now officially supports Nano!

ASMR was co-authored by both Kayaba and PlasmaPower. With credit due to PlasmaPower, Nano support has been added to the codebase. Now, anyone can download ASMR, run it with the selection of BTC-NANO, and perform a swap between the two. This truly demonstrates the flexibility of the underlying protocol…

Atomic swaps are pivotal to cryptocurrencies. They allow completely secure transference of funds between two users, without any centralized exchanges or third parties. They enable connecting networks in ways which have only recently been realized. It’s for this reason, we are very excited to announce having conducted the first atomic swaps between Meros and Bitcoin!

Previously, this wasn’t possible. Atomic swaps have a series of requirements on the underlying cryptocurrencies. Since Meros has yet to launch, we were planning to spend weeks specifically adding this functionality to enable Meros to thrive when we do publish our mainnet.

Welcome to Meros’s Update #28, covering 2/20/20 to 3/25/20! It’s been another five weeks since our last update, so we’re excited to detail everything we’ve done. When we left off, the main problem we were targeting was chain reorganizations. We had yet to implement them due to their complexity, yet we’re happy to announce they’re now properly implemented!

The steps to move to a more secure chain can be broken down as follows:

  • Detect a longer chain.
  • Revert to the last common block.
  • Sync the longer chain.

As of the last update, we had implemented reversions for our Transactions DAG…

Welcome to Meros’s Update #27, covering 1/16/20 to 2/19/20! It’s been five weeks since our last update, as we’ve been publishing Developer Testnet updates in the meantime. These five weeks saw the addition of Merit Removals, two testnets, brand new networking code, multiple quality-of-life additions, and more bugs fixed in a single update than ever before.

Merit Removals are a critical part of the Meros protocol, and a way to automatically penalize those who would try to harm the network. There are multiple reasons for one to exist, and we previously have implemented proper handling for some of these reasons…

Our last Developer Testnet, Developer Testnet 2, started January 25th at 8am CST. It ended at 8:20am. What happened there?

DT2 had two releases. The first was released a few days before DT2 was scheduled to go live, and was proven stable. It’s notable not only for being stable, but also for not including peer finding. The second release was released a day before DT2 was scheduled to go live, and it did include peer finding.

The peer finding implementation was prioritized to make running a node as easy as possible. It passed all the existing tests we had and…

Meros Cryptocurrency

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