As we navigate through this week, key developments continue to unfold, promising new avenues and innovation. Leading the way this week — Cardano’s Weekly Development Update shows progress in core technology, wallets, smart contracts, scaling, governance, and more. Meanwhile, Lace 1.3 release allows easy asset transfers with ADA Handle, personalization of handles, and HD wallet integration, and Djed, powered by COTI Network, supports Lace Platform.
Stride, the 2nd consumer chain will launch on July 19th, while Centauri by Composable Finance enables Cosmos appchains and Polkadot networks to interact, and Babylon BTC Staking LitePaper v1 released, unlocking 21M Bitcoin for Proof-of-Stake Economy. Meanwhile, Interchain Builders Program announces its Q3 cohort of 8 teams working on various projects, and Game of NFTs (GoN) event celebrates successful interchain NFTs technology testing and innovation.
Kava 14 upgrade introduces internal bridge technology for asset conversion within the Cosmos ecosystem, while Quicksilver offers liquid staking through Interchain Accounts (ICA) and Interchain Queries (ICQ), and UnUnifi partners with DOCOMO and NTT Digital to promote Web3 technology.
And finally, Pyth Oracles live on Neutron, providing real-time price feeds for asset classes, and Neutron Grants Committee proposes a program to fund technical research and development for the Neutron ecosystem. 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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Cardano
Cardano’s Weekly Development Update
In the latest development update, significant progress has been made in various areas of the Cardano blockchain ecosystem, including core technology, wallets and services, smart contracts, scaling, Voltaire (governance), Catalyst (project funding), and education.
Read the latest blog post 👉 here.
Introducing Lace 1.3
Lace has released version 1.3 with exciting new features and improvements. Users can now easily transfer digital assets using ADA Handle and personalize their handles. Multi-address HD wallets like Daedalus can be viewed and used within Lace. The new version is more responsive, adapting to different screen sizes.
For more detail on Lace 1.3 👉 here.
And Djed powered by COTI Network now supporting Lace Platform.
Cosmos
Stride Launch Incoming
Join the coordinated launch on July 19th, 17:00 UTC on the Cosmos Discord. Find in this document step-by-step instructions and important info about the launch process 👉 here.
Prior to launch be sure to:
- Do key assignment for a successful launch
- Sync a full node
Centauri — the first IBC CosmoDot connection
Composable Finance has launched Centauri, an Inter-Blockchain Communication (IBC) connection that allows Cosmos appchains and Polkadot networks to interact. This trust-minimized connection opens up new cross-chain opportunities, including liquidity flow between both ecosystems and access to native assets from each network. The connection also enhances security and user protection through its non-custodial framework.
Composable Finance mission is to bring IBC everywhere!
Read the blog post 👉 here to discover the history behind the Polkadot — Cosmos connection and how they achieved it.
Babylon released Bitcoin Staking Protocol’s LitePaper
The Babylon BTC Staking LitePaper v1 has been released, outlining the components for unlocking 21M Bitcoin for securing the Proof-of-Stake Economy. Additionally, the Babylon Forum has been launched to facilitate discussions on Babylon protocol development, project integration, and new research and development ideas.
Read the forum 👉 here for more detail.
The Interchain Builders Program announcing Cohort Q3
The Interchain Builders Program has announced its 2023 Q3 cohort, consisting of 8 high-quality teams in various stages of development. These teams are working on projects related to infrastructure and wallets, data, and decentralized finance (DeFi), with the aim of enhancing the Interchain ecosystem.
Read the blog post 👉 here to learn more about each.
Game of NFTs— Wrap Up
The Game of NFTs (GoN) event was a successful and collaborative interchain initiative that tested and showcased the potential of Interchain NFTs technology. It included a testnet phase with 198 participating teams across five different chains and a hackathon phase with over 60 innovative projects. The event celebrated winners in various tracks and awarded special accolades.
Read the blog post 👉 here for more detail.
Kava
Dive deep into KAVA 14
Kava, a Layer-1 blockchain, has launched the Kava 14 upgrade, which includes an ‘internal bridge’ technology to convert native Cosmos assets to and from Ethereum’s ERC20 token standard. This upgrade enables the seamless conversion of assets within the Cosmos ecosystem and enhances interoperability.
Dive deep into KAVA 14 👉 here.
Quicksilver
Quicksilver Liquid Staking Flow
Quicksilver offers a fast and easy liquid staking experience that allows users to stake tokens without leaving their favourite chain. This is achieved through the use of two unique pieces of IBC technology:
- Interchain Accounts (ICA)
- Interchain Queries (ICQ)
Read the tweet post 👉 here for more understanding.
UnUnifi
UnUnifi partners with DOCOMO and NTT Digital
NTT DOCOMO, NTT Digital, and UnUniFi Protocol have entered into a joint partnership to promote and develop Web3 technology. The collaboration aims to create a secure and transparent environment, innovate unique use cases, and expand Web3 business.
Learn more in the blog 👉 here.
Neutron
Pyth Oracles Live on Neutron
Neutron Builders now have permissionless access to low-latency pull Oracles, providing over 250 real-time price feeds for various asset classes. This partnership with Pyth allows developers to build safer and more reliable products for the Neutron community.
Neutron builders can start viewing the docs and tutorials to begin integrating Pyth oracles 👉 here.
Neutron Grants Committee
A draft proposal has been made to launch the Neutron Grants Program, which aims to fund Neutron-related technical research and development as well as other initiatives beneficial to the Neutron ecosystem. The program would be structured as a ‘cybernetic organization’ with smart-contract-based transparency and accountability mechanisms. It would be allocated 54,000,000 NTRN tokens, approximately 10% of the NTRN tokens currently governed by the Neutron DAO.
Read the draft proposal 👉 here and share your feedback.
Thank you for reading.
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We aim to decentralize the Proof-of-Stake blockchain ecosystem. We’re highly familiar with the Tendermint-based blockchains such as Cosmos, Kava, Quicksilver; 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.
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