Phase 2 Incentivized Testnet

Elena Nadolinski

Elena Nadolinski

CEO & Founder @ Iron Fish
On Tuesday, May 10th 2022 at 12pm PST, we’re launching Phase 2 of the Iron Fish Incentivized Testnet!

What happened with Phase 1?

Phase 1 ran from December 1st 2021 to March 11th 2022. At the end, we’ve had over 10k active participants, and almost 11k unique miners. Our goal was for Iron Fish to have the biggest L1 incentivized testnet by participation, and it looks like we succeeded.

The Phase 1 leaderboard and explorer are saved for historic/archival reasons.

Phase 1 token distribution will happen at the same time as Phase 2 token distribution and closer to mainnet. When mainnet? When all the engineering tasks on our roadmap are complete. If you want this to go faster, consider applying on our careers page for a full time engineering job at Iron Fish :) or help us with open source contribution as part of the incentivized testnet program.

What’s new in Phase 2?

Phase 2 is meant to stress-test Iron Fish as well as incorporate some of the feedback we’ve heard from the community about Phase 1. We heard your feedback, and we’re making some changes!

Phase 2 will have 4 categories (described in even more detail on the testnet site):

Hosting a node

Running an Iron Fish full node with telemetry on and a registered graffiti set gets you max of 10 points for every 12 consecutive hours of hosting (even if running multiple nodes). Points will be automatically assigned to you on the leaderboard. To make sure your node is properly set up to earn points, we made a custom command ironfish testnet. Go ahead and run that command before starting your node to make sure you’re all set and setup with a registered graffiti.

Sending a transaction

Sending a transaction of at least 0.1 coins to the Iron Bank account gets you 1 point. The public address for the Iron Fish bank is 5cfbcbf6e6f84e2bab6c17309f39908d7cdb8ae5ad4ab600bbb9101403a1edc2d03f71754764e8c66afc08 which is a mouthful, so we made a custom command ironfish deposit that constructs a default transaction of 0.1 to the Iron Bank bank for you.

Note that while we’ve removed earning points for mining a block from Phase 2, the only way to get coins is by mining them. It is now possible (and easy!) to create and join pools. Feel free to join the Iron Fish team pool if you can’t find others. The faucet is disabled for this phase.

Reporting a bug

If you see a bug, report it on our github issues page and submit the form to get points! One quality bug found is 100 points.

Open Source Contributions (Submitting a PR)

Iron Fish is in heavy development. Not only are we focused on the bigger roadmap items for engineerings, but we’re constantly working on improving user experience. Contributing to the ironfish repo is immensely appreciated as it directly impacts the project getting to mainnet faster.

We appreciate open source contributions so much that we are allocating a separate pool of coins just for PR contributions. Open source developers no longer have to compete with miners for points in the same pool.

We’re making open source contributions be the best possible way to get exposure to Iron Fish tokens (for eligible participants).

We have a dedicated Discord channel (#community-dev) for open source contribution discussion.

When will Phase 2 end?

Phase 2 will end when all of the engineering tasks on our roadmap are completed. Help us get there faster!!! And consider applying or referring someone to our careers page.

LFG!!

Elena Nadolinski

Written by

Elena Nadolinski

Elena is the Founder and CEO of Iron Fish — previously worked at Microsoft and Airbnb. Fell down the cryptocurrency rabbit hole in 2017. Really didn't want her insurance to know she eats pizza.