Citadel: Export/import of Citadel and external wallets added, Trezor integration in process, Alpha demonstration to the cryptonetworks’ teams and validators, The launch of the stable version of Citadel 1.0 in two weeks!
Biweekly update vol.9, 16th June — 30th June
Welcome, all crypto and blockchain communities, to Paradigm’s regular update on Citadel, all-in-one interface for decentralized finance! There was a ton of big stuff over the past two weeks for you!
For those, who aren’t familiar, Citadel is a multi-asset non-custodial platform for the management and storage of crypto assets. One of the main functions of the service is participating in the PoS consensus. The Citadel allows you to delegate crypto assets, analyze market conditions and transaction status, as well as create several cryptocurrency wallets using a single seed phrase. Moreover, the software part is configured so that all private keys are stored encrypted on your device.
The Citadel team is operating extremely hard on the major releases as a very significant milestone is about to happen! The launch of the stable version of Citadel 1.0 is near at hand! As part of the latest development report, the Citadel team has shared what they’ve been working on over the past two weeks. Firstly, they updated calculation logic to display exact balance values, rewards and staked funds, and optimized the work with transactions stored in the Ethereum database. As for front-end tasks, the Citadel developers optimized the balance and rewards charts, and updated several interface modules and fixed minor bugs. The team continues to work on integration with Trezor wallets, creating a BTC wallet, saving a backup file and restoring wallet data from it. Considering mobile development, they implemented sending and viewing transactions in Ethereum, USDT, Orbs, Tezos, and ICON. Currently, the team is working on adding an IOST wallet.
These weeks, the Citadel Founders had a series of calls with validators (stakefish, block42, ICX Station). Moreover, they demonstrated an alpha-test of Citadel to the IOST and the Orbs teams. Some exciting news to come!
As for the social side, the Citadel team regularly attends community events. These weeks, they were at ‘Cosmos Unchained: Cosmos vs Ethereum 2.0’. In this live meetup Chjango Unchained, Sunny Aggarwal, and Danny Ryan discussed the differences between Cosmos and Ethereum 2.0. The team took part in CosmWasm 8th bi-weekly community call. They also joined Cosmos developers to see a relayer demo and ask IBC engineers anything and everything about IBC. On June 25th, the team was at Ethereum Staker Community Call #7. The general topic was “defining the Ethereum Staker community”.
And last but not least, the Citadel marketing team has prepared a little quiz for you with five not so simple questions that will help you identify your favorite cryptocurrency and blockchain personality. Click here to pass it and let them know your results in the Citadel Telegram chat!
Development
Citadel has public GitHub repositories and private GitLab repositories. Overall, the project has frequent commits to the collection of repositories.
Report on ‘The availability of the Citadel for users (connecting various ways to manage your wallet)’ sprint:
As part of the latest development report, the Citadel team has shared on what they’ve been working on over the past two weeks:
BACK-END
• Updated calculation logic to display exact balance values, rewards and staked funds
• Optimized the work with transactions stored in the ETH database
FRONT-END
• Optimized the balance and rewards charts
• Updated several interface modules and fixed minor bugs
• Continue to work on Trezor integration, creating a BTC wallet, saving a backup file and restoring wallet data from it
MOBILE
• Implemented sending and viewing transactions in Ethereum, USDT, ORBS, Tezos, ICON. Currently, the team is working on adding an IOST wallet.
Previously, the team completed these tasks:
BACK-END
- Added new networks: BTC, ETH, USDT (ETH).
- ETH — they store transactions for the last 30 days, at the end of June they will receive all network transactions.
- BTC — temporarily configured to receive transactions through the partner API and plan to start uploading the blockchain to their own node.
FRONT-END
- Connected ETH, USDT, and started adding BTC
- Added import of ETH, USDT from Ledger wallet
- Implemented export of a private key for created addresses
- Optimized transaction display, added caching for balance
Moreover, the team updated the drawing of balance graphs for a more understandable and convenient work with them
DESIGN
- Agreed on a new UI kit for the current version of the interface.
Furthermore, this month, three new specialists joined the Citadel team: marketer, designer, and frontend developer! It will help the team to achieve ambitious goals faster and to delight Citadel partners with a convenient product and expected updates!
Awareness and social encounters
June 16th: Cosmos Unchained: Cosmos vs Ethereum 2.0. In this live meetup Chjango Unchained, Sunny Aggarwal, and Danny Ryan to discuss the differences between Cosmos and Ethereum 2.0.
June 16th: CosmWasm 8th bi-weekly community call.
June 17th: The Citadel Founders discussed cooperation with the IOST team.
June 18th: Call with the Orbs team.
June 18th: Monthly IBC Ecosystem Presentation. The Citadel team joined Cosmos developers to see a relayer demo and ask IBC engineers anything and everything about IBC.
June 18th: RadicalxChange conference. The conference consisted of presentations, panels, and workshops based around RxC topics such as Data Dignity, Quadratic Voting, Quadratic Finance, SALSA (self-assessed property), and Decentralized Identity.
June 19th-24th: Demonstration of an alpha-test of Citadel to JK from stakefish, the Staking Rewards, the block42, and the ICX Station teams. All the teams gave valuable feedback which already influenced Citadel’s backlog and the following sprints.
June 25th: Ethereum Staker Community Call #7. The general topic was “defining the Ethereum Staker community”.
Roadmap
What’s next?
The launch of the stable version of Citadel 1.0.
Adding Trezor integration.
Other
Quiz time!
Various cryptocurrencies and their developers represent very different points of view on key issues, such as decentralization, governance, paths to mass adoption. How to navigate in this variety of opposing opinions?
The Citadel team has prepared a little quiz for you with five not so simple questions that will help you identify your favorite cryptocurrency and blockchain personality.
Click here to pass it and let them know your results in the Citadel Telegram chat! Let’s hope you’re not Roger Ver!
Check out Citadel’s latest State of Stake report
State of Stake is a series of curated news, research, updates, and events in the Proof-of-Stake ecosystem. In this latest update, the team examines the period from 13th June — 27th June with a general overview of the market, highlighted research in the space, news on all launched staking networks, updates on all the upcoming PoS networks, the latest developments from staking infrastructure providers and a handful of staking-related events.
Now, these reports are being released in collaboration with Staking Rewards!
Check out the 23rd issue of their State of Stake series in the Paradigm’s blog and in the Staking Rewards Journal!
About Staking Rewards
Staking Rewards provides trusted access to all passive income opportunities with regard to digital assets. They are curating knowledge and data to build a healthy staking and DeFi ecosystem. Staking Rewards’ core focus are Proof-of-Stake Protocols which enable passive returns through staking. They also cover Masternode Coins, Dividend Tokens, and Lending Protocols.
Check the Staking Rewards Journal and subscribe to their newsletter to stay informed!
Staking Rewards Website. Twitter. Telegram. Discord.
About Citadel
Citadel is an all-in-one interface for decentralized finance that allow you to:
1. Participate in DPoS consensus. Citadel service is a crossroads of ways leading to crypto networks such as Tezos, Orbs, ICON, IOST. Unlike the Proof of Work (PoW) consensus, where only miners producing blocks receive rewards, in Delegated Proof of Stake (DPoS) everyone receives rewards depending on the degree of contribution (the number of tokens staked). Citadel makes the staking process even more convenient — your new tokens are automatically delegated and contribute to the system, thereby increasing your yield.
2. One-seed. Creating one account and mnemonic phrase for access to all wallets in the app. There is no need anymore for storing dozens of seed-phrases and private keys to participate in staking. Citadel gives you one to rule them all.
3. Financial dashboard. Track some KPIs like reward history, balance history, chart analytics, the status of transaction.
4. Take part in voting. Participate in the life of community via smart-voting system.
5. Deploy cloud nodes. An option that allows you to launch your own node without needs of buying a server or writing a single line of code.
Learn more about Citadel:
This is not financial advice.
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