Blockchain Weekly Digest — July 15th, 2024
SSV Network Clusters Now Live on Lido’s Simple DVT Module on Ethereum Mainnet, SSV Network Achieves Milestone, Cosmos Hub June 2024 Update, Cardano Weekly Development Update, and Node v9.0 Launches Decentralized Governance Era on Cardano.
The Blockchain Weekly Digest highlights key developments in the blockchain ecosystem include several key updates: SSV Network integrates with Lido’s Simple DVT Module, enhancing node operator diversity and staking flexibility. SSV Network achieves 1 million ETH staked milestone, focusing on security and community-driven governance with over 700 operators.
Cosmos Hub June 2024 update introduces Gaia v17 upgrade, ICS enhancements, and progresses on Hydro for liquidity and governance solutions.
And finally, Cardano weekly development update details node v9.0 features and community readiness for the Chang upgrade, emphasizing protocol evolution and readiness milestones. Meanwhile, Cardano Node v9.0 launches decentralized governance era with on-chain governance and Plutus script advancements. Navigate through the quiet, yet captivating waters of the crypto world in this weekly roundup. Keep reading for a detailed exploration of each update.
Unlock the Power of Staking with Our Trusted Blockchain Infrastructure Services!
Ethereum
SSV Network Clusters Now Live on Lido’s Simple DVT Module on Ethereum Mainnet
SSV Network clusters are now live on the Lido’s Simple DVT Module on Ethereum mainnet, increasing node operator diversity within Lido’s protocol. Lido V2 introduces a modular Staking Router, and the integration of SSV expands Lido’s operator set significantly. This allows diverse stakers to participate in Lido, enhancing node operator variety.
We at KysenPool are proud to be participating in SSV Network’s Simple DVT module, running Besu and Nimbus!
Check it out the post 👉 here.
SSV Network Achieves Milestone: 1 Million ETH Staked with DVT
SSV Network has achieved a major milestone with 1 million ETH staked since its launch in December 2023, demonstrating rapid adoption in ETH staking. The network’s journey began with research alongside the Ethereum Foundation and progressed to a phased mainnet rollout. SSV ensures security through multiple audits and a bug bounty program. The ecosystem includes over 10 staking apps and 41 grants, supported by a decentralized node marketplace with 700+ operators. SSV simplifies node operations, reduces infrastructure costs, and fosters community-driven governance. Future plans include scaling optimizations and further ecosystem expansion.
Check it out the blog post 👉 here.
Cosmos
Cosmos Hub June 2024 Update: Gaia v17 Upgrade, ICS Enhancements, and Hydro Progress
In June 2024, Cosmos Hub achieved significant milestones with the v17 upgrade, adding ICS 2.0 for better security and addressing a post-upgrade bug quickly. The Gaia v18 integration introduced Permissioned CosmWasm and Skip’s feemarket module, while preparations for Gaia v19 included upgrading to Cosmos SDK v0.50 and IBC v8.3. Enhancements in ICS v4.3 brought new governance features and reward distribution policies. The ICS Launchpad was advanced for easier consumer chain deployment, and discussions for Permissionless ICS began. Progress with Hydro for liquidity and governance aimed for an August launch, and Babylon integration efforts continued to enhance security with staked Bitcoin.
Check it out the blog post 👉 here.
Cardano
Cardano Weekly Development Update
The weekly development report highlights key advancements across multiple areas. The release of Cardano node version 9.0.0 introduces significant features for the Conway ledger era, including on-chain governance and Plutus script support. The Plutus team has focused on improving contract usability and revamping documentation. The Lace team is addressing critical bugs to enhance light wallet functionality. Scaling efforts include Mithril’s support for node 9.0.0 and new distribution implementation. All node users are encouraged to upgrade for the Chang update, while Catalyst and educational initiatives continue to progress, with a developer course planned in Buenos Aires.
Check it out the blog post 👉 here.
Node v9.0 Launches Decentralized Governance Era on Cardano
Node v9.0 marks a pivotal milestone for Cardano with the release focusing on enabling decentralized governance through the Chang Upgrade. This upgrade, split into two phases per CIP-1694, empowers the community in protocol evolution. Stake Pool Operators, exchanges, and DApps are urged to upgrade to support Chang, with specific readiness targets set. Intersect’s Hard Fork Working Group monitors community readiness closely, ensuring transparency with regular updates on criteria and dependencies. Technical details and performance enhancements for Cardano node v9.0 and Plutus v3 can be found on Intersect GitHub, with ongoing preparations for full governance features in Chang #2 following community adaptation. Stay informed with Intersect’s updates on the Chang Timeline & Dependencies and engage in HFWG sessions for deeper insights into Cardano’s transition to decentralized governance.
Check it out the blog post 👉 here.
Thank you for reading.
If you enjoyed this weekly updates, please support me with a follow.
About Us
🌐 KysenPool Validator
Unlock the Power of Staking with Our Trusted Blockchain Infrastructure Services!
We aim to decentralize the Proof-of-Stake blockchain ecosystem. We’re highly familiar with the Tendermint-based blockchains such as Cosmos, Kava, Agoric, Aura; Ethereum and EVM-chains like Harmony; and substrate-based chains such as Cardano. Our global team is continuously improving our automations and constantly monitoring our operations to ensure high availability and resilience.
Our infrastructure is a hybrid of data centers bolstered with Hardware Security Modules (HSMs), and distributed globally at multiple Cloud providers. Our mission is to help provide a sound infrastructure, share toolings and offer foundational services, so that token holders can stake with confidence while the blockchain ecosystems which we support continues to strengthen. We hope you like our contributions into the ecosystems that we support. To find out more about networks that we support, checkout our website below.
Stake with KysenPool
- on Ethereum via JinOro or Stakewise V3
- on Cosmos via Keplr Wallet
- on Cardano visible at PoolTool via AdaLite
- on Kava via Keplr Wallet
- on Agoric via Keplr Wallet
- on Aura at AuraScan
- on Desmos via Forbole X
- on Harmony via Staking Explorer (upon sign-in)
Our Dapps
- JinOro (Ethereum self-custody staking): https://jinoro.xyz/
- Cosmos Outpost (Analytics): https://cosmosoutpost.io/
Official Channels
- Email: developers@kysenpool.io
- Website: https://kysenpool.io/
- Twitter: https://twitter.com/kysenpool
- Telegram: https://t.me/kysenpool
- Medium: https://medium.com/kysenpool
