EOSZON: Update on IT infrastructure and near term plans

1) We are happy to inform that we managed to improve processing capacity of the node and increase resilience level since our official announcement

Currently installed IT infrastructure:

• Two EOSIO servers (CPU Xeon x5670 3GHz 24 cores, RAM 192Gb) 
• Three Data Storage servers (Xeon 3GHz 16 cores, Cashe: 1Gb OSD journal NVMe 256Gb, 48 Tb DataStore - designed to unlimited scalability)

Improvement in resilience: 

The servers were distributed across two different buildings and were interconnected via fiber-optic communication links. Now premises are equipped with the fire alarm emergency systems and backup power supply channels and accumulators.

2) We are happy to present below our most immediate plans (next 3 months) 

Russia is on its way to become one of the most digitalised economy in the world. It is expected that the new legislation in this regard to be introduced this summer. Under this new legislation many changes will be related to blockchain technology (below are the major ones):

• mining (including validation and block production) business will be legal entrepreneurial activity, which is subject to taxation after a certain threshold
• sale and purchase of cryptocurrencies and tokens will be considered as legal operations if these operations are transparent and individual persons / legal entities meet the similar criterions required for sales and purchases of public shares and bonds
• cryptocurrencies and tokens will be classified as an asset, but at the same time are not legal tender
• ICO procedures will be formalised and established
• smart contracts in the blockchains will be equated to a legally binding contracts 

With this in mind our goal is to create one of the main EOSIO node in Russia to enjoy and leverage on these fundamental changes. As a first step we plan to focus on investments in/support of DAPPs that may boost EOSIO software adoption and awareness. Since EOSIO ecosystem is in infant stage we believe that DAPPs with payment/settlement systems should be introduced first. Therefore, we plan to hire developers or create a partnership with a team of developers in which we could bring our banking and entrepreneurial experience.

Also in order to increase the node resilience level we plan to introduce 24/7 monitoring duty and distribute our IT infrastructure geographically across Russia. We also plan to provide 24/7 support for EOS tokenholders in order to handle the emergency cases.

We are fully funded to meet the near term plans. All funds come from the team members listed on http://eoszon.io.

EOSZON Team

telegram: https://t.me/eoszon  

url: http://eoszon.io  

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steemit: https://steemit.com/@eoszon  

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