With the joint efforts of many community participants, block producers and exchanges, YOYOW Mainnet 3.0 has been successfully upgraded at 10:00 a.m. on September 15, 2021 (GMT +8).
The world’s leading token exchange platforms such as Binance, OKEx, and AEX, content platforms, and community block producers have all been successfully upgraded to the Mainnet 3.0.
Currently, YOYOW Mainnet 3.0 is operating stably, and blocks are normally produced. The core feature newly added in this update-the smart contract virtual machine (YOYOW VM) is running well. The YOYOW Foundation will continue to advance in accordance with the planned roadmap, and work hand in hand with content producers, content platforms and block producers to develop an ecosystem based on the YOYOW blockchain network.
The next focus of the YOYOW Foundation will be to build a more complete decentralized smart content network with better user experience based on YOYOW VM, and to introduce smart content tokens and other features to better empower content platforms. Meanwhile, the YOYOW Foundation will also actively promote the research of YOYOW 4.0.
The YOYOW 3.0 Roadmap is as follows:
High-performance Smart Contracts and WebAssembly Virtual Machines
A high-performance WebAssembly (WASM) runtime virtual machine (YOYOW VM) with a built-in gas-based charging mechanism is used to support the execution of programmable Turing-complete smart contracts.
Using YOYO tokens directly as the fuel cost for executing smart contracts with a reasonable charging mechanism can ensure that the resources on the chain are reasonably allocated and utilized, and smart contracts can be effectively executed.
The high-performance WASM runtime supports the execution of smart contracts written in the C++ program development language. It allows third-party developers to use existing tools to develop various smart contracts and dApps (decentralized applications) for the YOYOW blockchain. It also allows developers to easily and conveniently migrate smart contracts ...
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