kucoinexchange
Published in

kucoinexchange

KuChain Biweekly Report (26/12/2020–08/01/2021)

Dear KuChain Community,

Happy new year! 🎉New year and new beginning! 🎉Let’s take a look at KuChain Biweekly Report (26/12/2020~08/01/2021) !

This biweekly report summarizes the dynamics of KuChain from December 26, 2020 to January 08, 2021, including development progress, the punished KTSt recovery situation. Welcome to learn details!🌞

⭐01. Development Progress⭐

Chain Upgrading Support

  • In order to facilitate the migration of the on-chain ledger, considering the better support to the chain’s restart and upgrade in the future, KIT realized the dex branch’s genesis import function.

Cosmos Upgrade

  • It was mentioned in the last KuChain Biweekly Report that KIT sorted out the important changes in Cosmos-sdk v0.40.x and planned the preparatory work related to upgrade and refactoring. Recently, KIT refactored part of the code and fixed the AccountID interface problem.

⭐02. Community Updates⭐

🎈KuChain activated the Kratos Testnet Development Reserve to recover the punished KTSt, with a recovery ratio of 1:1

31/12/2020, KuChain released a community announcement to notify community members that KuChain will use the Kratos Testnet Development Reserve to recover the amount of punished KTSt for both Kratos nodes and KTSt holders (with a recovery ratio of 1:1) within 6 working days.

From 31/12/2020 to 05/01/2021, KuChain activated the Kratos Testnet Development Reserve and completed the recovery of the amount of about 2243398 punished KTSt, with a recovery ratio of 1:1.

For users delegated KTSt through Awake Wallet, KuChain has directly distributed the punished KTSt, with a recovery ratio of 1:1, to the on-chain address.

For users delegated KTSt through the Pool-X governance platform, Pool-X has distributed the corresponding KTSt (with a recovery ratio of 1:1) to users’ Pool-X accounts. The distributed KTSt includes the amount of punished KTSt initially delegated on the following nodes: poolxstaking, wetez123456 and hashquark123.

Community

KuChain emphasizes the core value of community first, aiming at a prosperous ecosystem jointly contributed, and the path of which will be collectively decided by the whole community. Come and join us at:

GitHub: https://github.com/KuChainNetwork

Discord: https://discordapp.com/invite/2tWtHDm

English Telegram: https://t.me/KuChainOfficialEnglishCommunity

Chinese Telegram: https://t.me/KuChainOfficialChineseCommunity

Reddit: https://www.reddit.com/user/kuchainofficial

Facebook: https://www.facebook.com/KuChainOfficial

Twitter: https://twitter.com/KuChainOfficial

--

--

--

KuCoin aims at providing users digital asset transaction and exchange services which are even more safe and convenient, integrating premium assets worldwide, and constructing state of the art transaction platform.

Recommended from Medium

AWS Kinesis with Lambdas: Lessons Learned

Date Command In Linux

Agile: A way to do it better

Where do problems come from? What generates a problem

LARAVEL VS NODE.JS- WHICH ONE IS THE BEST BACK-END TO CHOOSE IN 2021?

PSR — The PHP Standards Recommendations Guide

QA Engineering Roles: Skills, Tools, and Responsibilities in a Testing Team

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
KCC Official

KCC Official

KCC is a high-performance and decentralized public chain developed based on ETH to provide users with a more high-speed, convenient, and low-cost experience

More from Medium

🧚‍♀️Genesis Mining, Full-Feature functionality on Mainnet, and Bridge Integration — FairySwap is…

KEYFI Token & Staking Live on Polygon

X Protocol Staking Program on Encentive

Proposals — welcome! Whats coming next and DeFi x NFT news