Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
io.net founder: The current version of IO Cloud has bugs and technical problems, and the team is working on solving them

io.net founder: The current version of IO Cloud has bugs and technical problems, and the team is working on solving them

CointimeCointime2024/04/30 01:19
By:Cointime

Ahmad Shadid, founder and CEO of the io.net DePIN protocol in the Solana ecosystem, posted on X platform that several users have discovered some important bugs and technical issues in the current version of IO Cloud. The team is working hard to fix these reported issues. The team is adjusting its plans for the coming weeks as follows:

1. We have implemented a transparent proof-of-work process to verify all devices on the network, and will begin publicly sharing these logs this week;

2. We will publish and maintain a public issue list on the official website by the end of the weekend, including a form for users to submit new issues. Reports of new bugs will receive a certain reward and will transition to a full bug bounty program in the coming weeks;

3. Token issuance has been postponed until the vulnerabilities are resolved. The official team is working with suppliers to reconnect to the network, and this process is expected to take about two weeks. The team is committed to stabilizing and normalizing the core platform before launching the token, which is in the best interests of suppliers, users, and the community;

4. Resources will be devoted to calculating and displaying the rewards suppliers received in March and April, and May rewards will be updated in real time in IO Worker;

5. Efforts will continue to achieve more intuitive, transparent, and clear metric reporting in the browser. The team has been asked to revise metric names and add tooltips to avoid confusion.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

FTX Begins $5B Stablecoin Payout to Creditors

FTX starts distributing $5B in stablecoins to creditors, marking a major step in bankruptcy resolution.FTX Launches Massive Creditor Repayment PlanWhat Creditors Can ExpectA Turning Point in Crypto Legal Recovery

Coinomedia2025/05/30 19:16
FTX Begins $5B Stablecoin Payout to Creditors

Canary Files for Staked CRO ETF with U.S. SEC

Canary submits S-1 filing to launch a Staked CRO ETF, signaling mainstream interest in Cronos.Canary Takes First Step Toward Staked CRO ETFWhat is Staked CRO and Why It MattersA Boost for Cronos and the Broader Market

Coinomedia2025/05/30 19:16
Canary Files for Staked CRO ETF with U.S. SEC

Huge Returns Ahead? Nexchain & BlockDAG Lead 2025’s Best Crypto Presales

Nexchain leads 2025 crypto presales with AI-powered scalability, gas fee rewards, and 400K TPS—raising \$3.4M as investors seek real utility.Nexchain: Web3 Infrastructure Powered by AI and Smart IncentivesNexchain’s Momentum Signals Long-Term PotentialBlockDAG Builds Buzz, but Nexchain Pulls AheadWhy Nexchain Tops the List of 2025 Crypto Presales

Coinomedia2025/05/30 19:16
Huge Returns Ahead? Nexchain & BlockDAG Lead 2025’s Best Crypto Presales

Fidelity Buys $38.3M in Ethereum Amid Market Buzz

Fidelity invests $38.3 million in Ethereum, signaling growing institutional confidence in ETH.Fidelity Makes Major Ethereum InvestmentInstitutional Confidence in EthereumWhat This Means for the Crypto Market

Coinomedia2025/05/30 19:16
Fidelity Buys $38.3M in Ethereum Amid Market Buzz