Summary of Project Goguen Video Update


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Gerard Moroney, project manager, gives us the May 2018 update for Project Goguen. For more details on Gerard, please click here.

Recap

  • Goguen is about delivering a Smart Contract capability for the Cardano platform
  • As part of that, there has been lots of fundamental research going on: sidechains, accounting, multicurrency
  • Other workstreams within this project include:
    • Plutus and Marlowe: languages that allow you to execute smart contracts
    • IELE: virtual machine that allows other languages like Solidity to be applied on the Cardano platform
    • End-User and External Developer: thinking about user-experience for those using and developing smart contracts
    • Integration: about bringing everything together into a high-quality platform with supporting infrastructures
  • Output for all of this will fundamentally be the computational layer
  • but delivery is also about tools and training: to help everyone understand how to build great smart contracts

Project Update

  • Completed fundamental research on Sidechains, Accounting and Multi-currency
  • Now moving onto formal methods stage: start with prototypes and models that will eventually be used for code that will create the computational layer
  • For Plutus and Marlowe: progress is going well and they are developing the specifications and the libraries that will form the languages
  • For IELE: pleased to announce the KEVM testnet has been launched
  • Now, preparing for the launch of IELE testnet
  • End-user and External developer: is in the analysis phase where fundamental technology is understood and research is nearly completed so they are now looking at the educational materials and have begun thinking about the end-users’ experiences
  • Part of the project, they will look at different use cases to make sure languages developed are fit for purpose
  • Integration (where everything comes together), the target architecture is agreed and now considering support and education
  • This is because they want something that functions technically but that is also usable and maintainable going forward

Feedback

  • There has been lots of interest in the testnet VM’s and lots of people who want to write smart contracts
  • To learn, head to the testnet website: https://testnet.iohkdev.io/
  • You can find how to install the software, how to perform basic actions, and other information on smart contracts
  • Any other questions, feel free to contact them at: testnet.goguen@iohk.io
  • For more information about future projects, head to the roadmap: https://cardanoroadmap.com/
  • Information about partnerships, in due course, partnerships will be announced. For the testnets themselves, IOHK works with Runtime Verification from the University of Illinois
  • There has also been feedback on enhancing content on the testnet site. They are in the process of creating new sections for interacting better with the testnet but this is a continuous process
  • So with more feedback, the better content they can create

Important Dates

  • May 28: KEVM testnet was released
  • End of July 2018: IELE testnet scheduled for release