Going the Extra Mile (August 2018)
Welcome to the CyberMiles Foundation’s monthly newsletter #8
August 1, 2018
Greetings, CyberMilers! The CyberMiles team continues to make progress as we introduce a new programming language, Lity; select more candidates for our validator (Supernode) program, and much more! Read on for details, along with other blockchain and cryptocurrency news.
Announcements
Introducing Lity, CyberMiles’ New Programming Language
CyberMiles just introduced a new programming language for developing smart contracts on the CyberMiles blockchain. Evolving from the Solidity language, Lity consists of a dynamically-extensible language, a compiler, and a virtual machine runtime.
“Our team has categorized and extracted common patterns that lead to known security issues with Ethereum Solidity smart contracts,” Dr. Michael Yuan, Chief Scientist of the CyberMiles Foundation, said. “Through compiler and virtual machine optimizations, Lity can proactively prevent common security problems in Solidity, such as integer overflow and accidental token transfers to unsupported contract addresses.”
As a superset of Solidity, Lity is able to run existing Solidity programs without changes on the CyberMiles blockchain. But its unique design enables Lity to be more flexible/extensible and more powerful/better performing, with programs that are much safer than Solidity’s. Learn more at litylang.org or read our announcement release here.
[VIDEO]
· How to Compile a Lity contract
· Start a CyberMiles node and deploy the contract
Now Recruiting Beta Testers for Noomi, a New Crypto Wallet
Did you know that there’s a cool, new crypto wallet? Designed to more easily manage cryptocurrency, the Noomi Wallet enables instant transfers with no gas fee. As a lead-up to Noomi’s forthcoming release, we’re recruiting beta app testers. Here’s the scoop:
· 200 app testers are needed for the beta version of our Noomi Wallet, released Aug. 1.
· Testers will be tasked with testing the Noomi Wallet app and sharing their feedback with the development team.
· The Noomi team will select the most valuable feedback, rewarding up to 100 with 300 CyberMiles Tokens (CMT).
How do you become a Noomi Wallet tester?
Sign up today at noomiwallet.com to be added to our waiting list. (Note: Only the first 200 registrants will get the chance to be an app tester.) On Aug. 1, the registrants will get the instructions to install the Noomi app via their registered e-mail.
How do you share your feedback?
On Aug. 1, the qualified app testers will receive a feedback questionnaire in their sign-up e-mails. Please reply to that email with your Noomi Wallet user name and your experience with testing the Noomi Wallet app. The deadline for sharing your feedback is 12 p.m. (UTC +8) on Aug. 5.
How do you get the CMT reward?
On Aug. 10, the list of winners will be announced in CyberMiles’ Telegram group, followed by an e-mail confirmation that will be sent to each winner. Winners will receive 300 CMT in their Noomi Wallet.
Noomi was developed as a comprehensive tool for crypto enthusiasts and their friends. Invest, store, track, transfer and discuss cryptocurrency with one intuitive app. Learn more at noomiwallet.com.
Validator Program Update
CyberMiles now has amassed more than half of the 19 Validator candidates needed in anticipation of our MainNet release this fall. Among the notable CyberMiles Validator candidates thus far:
· Alphacoin
· Cobo Wallet
· Hayek Capital
· Shenzhen SSSnodes Blockchain
· SIG
What are validators? Validators will be responsible for maintaining crucial network infrastructure, and for making rule changes and governance decisions on behalf of delegators. Learn more about the program at cybermiles.io/validator.
‘Travis’ TestNet Update
We’ve made updates to our ‘Travis’ TestNet, and Travis v1.0.1-rc.3 is now live. Closely following CyberMiles’ latest TestNet version will be our MainNet release, which promises to deliver a strong alternative to Ethereum, notably for e-commerce use cases.
In the News
Exploring the CyberMiles Ecosystem
Speaking of use cases, CyberMiles has kicked off a #CMusecase series covering the practical application of our blockchain technology. Where Plasma meets electricity, featuring the Eloncity project, addresses the topic of decentralizing the electrical grid infrastructure and, thereby, eliminating energy monopolies. Visit CyberMiles on Medium.com to read more from Dr. Michael Yuan, CyberMiles’ Chief Scientist.
‘Making the Impossible Possible’ Recap
Last month the CyberMiles team visited Seoul, South Korea, and now online is a full video of Dr. Lucas Lu’s conference presentation, where the CyberMiles founder and CEO touched on the opportunities of using CyberMiles’ technology in the $1 trillion e-commerce industry.
The Crypto Countdown
- Ethereum’s Co-Founder: ‘We’re Moving Towards a World of Decentralized Governance’ (Source: BCFocus)
- French Regulators May Be Taking Next Step Towards Easing the Path for ICOs (Source: Bitcoin News)
- UK to Take the Lead in Crypto Economy and Blockchain, According to Report (Source: BCFocus)
- World’s First Bank-Owned Cryptocurrency Exchange Launches Publicly in Japan (Source: CCN)
- Regulators Are Slowly Starting to Get It: Utility Tokens Are Real (Source: Coindesk)
- Cryptocurrency: The Bubble Is Over, Here Comes the Boom (Source: ZDNet)
- CFA Exams Now Include Cryptocurrency and Blockchain Technology (Source: AMBCrypto)
- 7 Reasons Experts Say It’s Not Too Late to Invest in Cryptocurrency (Source: Entrepreneur)
- IBM’s Blockchain App Store Wants to Help Banks Cut Costs (Source: CNNMoney)
- Northern Trust Opens Doors to Cryptocurrency Hedge Funds, Part of Pervasive Blockchain Expansion (Source: Forbes)
- Travel Booking Giant Expedia Has Quietly Removed Bitcoin Payment Option (Source: Cointelegraph)
- Walmart Awarded Patent on Blockchain-Based Delivery Management System (Source: Cryptstorm)
Thanks for reading along, CyberMilers! Please help us by spreading the word. — Shabnam A., Community Manager
Shabnam, a CyberMiles blogger as well as a content writer and creator at 5miles, considers herself a voice of the Millennial generation and new technology.
To learn more about CyberMiles, visit cybermiles.io. To follow or join CyberMiles’ online communities, go to:
Also, find CMT on the following exchanges and platforms:
