Blockchain Weekly Digest — August 5th, 2024
Introducing Forge: The ICS Launchpad, Introducing Lava Public Mainnet, Exploring the Decentralized Future of Cloud Computing with Akash Network, Introducing Gitopia: Code Collaboration for the Future, Essential Cardano Weekly Development Update, Intersect Weekly Development Update, Introducing Alpha v1 of the Partner Chains Toolkit, and Explore the Orchestration API.
The Blockchain Weekly Digest covers several key updates: Informal introduces Forge, a user-friendly frontend for Interchain Security (ICS) aimed at improving the experience for delegators, validators, and developers, while Lava Network launches its modular, decentralized Public Mainnet for enhanced dapp reliability. Akash Network offers decentralized cloud computing, challenging traditional providers by connecting server owners and users. Gitopia presents a decentralized code collaboration platform with community governance and incentivization features.
Essential Cardano provides updates on Conway features, Hydra improvements, and Mithril progress, while Intersect prepares for the Chang upgrade and expands community engagement. Input Output Global’s Partner Chains Toolkit alpha v1 release focuses on security enhancements using Cardano’s network of stake pool operators.
And finally, Agoric unveils the Orchestration API, enhancing cross-chain capabilities and simplifying blockchain interactions. Navigate through the quiet, yet captivating waters of the crypto world in this weekly roundup. Keep reading for a detailed exploration of each update.
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Cosmos
Introducing Forge: The ICS Launchpad
Informal is developing “Forge,” a user-facing frontend for Interchain Security (ICS) to enhance the experience for ATOM delegators, validators, and chain developers. Forge will streamline discovering new consumer chains, staking rewards, validator delegation, and community engagement. The platform will also provide a comprehensive resource for developers navigating the Cosmos chain launch phases and simplify validator set assembly. At launch, Forge will focus on the delegator experience, offering features like chain listing, spam filtering, and interactive badges for additional chain engagement. Future updates will expand self-serve capabilities for new projects and refine the validator experience with improved communication tools.
Check it out the forum 👉 here.
Introducing Lava Public Mainnet
Lava Network has launched its Public Mainnet, introducing a modular and decentralized access layer for blockchains, enhancing reliability and speed for dapps and blockchain interactions. Lava uses Cosmos SDK and delegated proof of stake, allowing RPC providers to register and earn incentives based on performance. The network’s off-chain protocol ensures peer-to-peer service continuity even if the Lava chain halts. The LAVA token, with a capped supply and no inflation, supports the network. Lava aims to decentralize and democratize access to blockchain services, prioritizing community involvement and sustainability over VC interests.
Check it out the blog post 👉 here.
Exploring the Decentralized Future of Cloud Computing with Akash Network
Akash Network is a decentralized cloud computing platform that challenges the dominance of traditional cloud providers by connecting server owners with users needing computational resources. Leveraging the Akash Layer 1 network and the Interchain Stack, Akash uses a Delegated Proof-of-Stake consensus mechanism to facilitate seamless transactions. Founded by Overclock Labs in 2018, Akash aims to democratize access to cloud computing while promoting decentralization and innovation. The platform supports AI growth by providing access to specialized hardware and addressing supply chain issues. Akash’s open-source ethos and use of the Cosmos SDK enhance reliability and scalability, making it a strong contender in the decentralized infrastructure space.
Check it out the blog post 👉 here.
Introducing Gitopia: Code Collaboration for the Future
Gitopia, a decentralized code collaboration platform, tackles these challenges by promoting community governance and rewarding contributions. Utilizing the Interchain Stack, Gitopia offers secure, censorship-resistant code hosting and incentivizes development with Interchain Bounties, fostering a more equitable open-source environment. With features like CometBFT for security, Cosmos SDK for modular architecture, IBC for cross-chain interactions, and CosmWasm for smart contracts, Gitopia redefines decentralized collaboration and open-source development.
Check it out the blog post 👉 here.
Cardano
Essential Cardano Weekly Development Update
The weekly development report highlights several key advancements. The core technology team focused on Conway features and conformance testing, fixing a critical bug and defining the Conway CDDL specification in Haskell. The Hydra team refined network reliability, upgraded the Hydra head for Cardano node compatibility, and introduced a technical writing style guide. The Mithril team released version 2430.0, activated Cardano transaction certification on test networks, and drafted a CIP for Mithril signatures diffusion. Cardano node v.9.1.0 was released, and users are encouraged to upgrade for the Chang upgrade. Catalyst onboarding progressed smoothly with significant milestones met, and Town Hall 173 marked the end of Fund12. In education, a successful CardanoDeveloper course was completed at UTN Buenos Aires, with a graduation event for over 20 new smart contract developers, and updates were made to Mastering Cardano content.
Check it out the blog post 👉 here.
Intersect Weekly Development Update
In the twenty-fifth edition of the Intersect Development Report, the focus is on preparations for the Chang upgrade and updates from the Open Source Office. Node 9.1.0 has been released, with 31% of the stake using it and the Preview network upgraded to the Conway ledger era. Governance parameter settings have been shared, and community workshops are gearing up to draft Cardano’s final constitution, with an aim for 50+ workshops in 50 countries. Intersect recently participated in the Argentina Digital Nation event and launched new community hubs in Latin America. Additionally, DRep workshops continue, and a survey on DReps is underway. The Open Source Office welcomed new Developer Advocates and spotlighted Anastasia Labs. Upcoming events include RareEvo in Las Vegas, and updates on community hubs in Japan, Sri Lanka, and Africa.
Check it out the blog post 👉 here.
Introducing Alpha v1 of the Partner Chains Toolkit
The alpha v1 release of the Partner Chains Toolkit marks a significant milestone in enhancing blockchain security. This toolkit allows new and existing networks to bootstrap their security by utilizing Cardano’s extensive network of stake pool operators (SPOs). Key features include shared security with Cardano SPOs, mixed validator committees, flexible consensus models, opt-out capabilities, and low-cost SPO participation. The release aims to gather community feedback and is not recommended for live production use. Midnight will be the first partner chain to implement this technology.
Check it out the blog post 👉 here.
Agoric
Explore the Orchestration API
The Agoric Orchestration API, introduced in Agoric Upgrade 16, enhances cross-chain capabilities by enabling smart contracts to coordinate assets and services across blockchains with minimal user input. This toolkit simplifies chain interactions, improves composability, and boosts interoperability. Key features include improved cross-chain communication, automated workflow management, and a chain abstraction layer. The API supports functionalities such as token transfers, remote account control, and message passing. Designed for scalability and flexibility, it integrates seamlessly with blockchain technologies and offers a foundation for developing advanced decentralized applications.
Check it out the blog post 👉 here.
Thank you for reading.
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