In this week’s Blockchain Digest, Cardano makes progress in various development areas, Mithril approaches its mainnet release, Daedalus receives an update, Cosmos Hub prepares for a major upgrade, Stride Blockchain transitioned to Interchain Security, Mintscan evolves into an Interchain portal, Zondax enhances hardware wallet support, Circuit Breaker Module developed to maintain high blockchain uptime and enable selective transaction disabling, Channel Upgradability for IBC relayers, and Neutron introduces pilot audit sponsorship and seeks vendors for IBC Relayers.
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
This week’s Cardano development update shows progress across various teams. The core technology teams continued their work on node, networking, consensus, and ledger components. The Daedalus team released an update supporting Project Catalyst registration and enhancing exchange rate conversion. The Plutus and Marlowe teams focused on runtime monitoring, APIs, and planning. Hydra and Mithril teams made strides in performance improvements and mainnet infrastructure. Voltaire saw progress with CIP-1694 feedback review and the announcement of Intersect as a key institution. Project Catalyst entered community review stages, and the Education team planned the Haskell Course curriculum.
Read the latest blog post 👉 here.
Mithril nears mainnet release
Mithril is a stake-based signature scheme and protocol designed to improve the speed and efficiency of node syncing times in the Cardano network. It enables quick and secure bootstrapping of full Cardano nodes, empowers decentralized decision-making, and supports a wide range of applications.
Mithril’s mainnet release is just around the corner.
Read this blog post 👉 here to recap what Mithril is, how it works, and how it helps with the fast bootstrapping of Cardano nodes.
Daedalus 5.3.0 for Cardano mainnet
Daedalus 5.3.0 Mainnet release brings several improvements and updates. It supports the new Catalyst registration process and requires registering with a regular payment address. Users who wish to participate in Fund 10 need to register again with Daedalus 5.3.0, as old registration formats won’t be eligible for voting rewards. The update enhances the stability of the exchange rate conversion feature and improves syncing progress percentage formatting. It also includes various dependency updates, such as cardano-wallet, Electron, Node.js, trezor-connect, and Cardano Ledger JS app. Additionally, the PGP (GPG) key used to sign releases has been changed.
Check full release notes 👉 here.
Cosmos
Cosmos Hub v11 upgrade is coming
Gaia v11 is a major release with core dependency updates, a refactored Global Fee module, and the removal of the Liquidity module state as preparation for its future removal. Validators must update the Cosmos Hub binary upon governance vote approval.
Read the draft proposal 👉 here and share your feedback.
Stride blockchain ➡️ Interchain Security
Stride blockchain has successfully transitioned to interchain security. Stride now secured by Cosmos Hub validator set; 15% of Stride block reward now going to Cosmos Hub.
This is the first successful chain migration to Cosmos Hub Replicated Security — It’s a historic day that opens a new pathway to the ATOM Economic Zone!
For more information, refer tweet 👉 here.
Mintscan 2.0
Mintscan 2.0 marks the evolution of a block explorer into the Interchain portal, providing seamless user-experience and advanced analytics for over 60 Interchain protocols. It offers accurate and fast data delivery, insights, illuminates governance proposals, and fosters community involvement.
Mintscan 2.0 is now live, serving as the starting point for everyone searching for onchain data within the Cosmos Interchain networks.
For more details about Mintscan 2.0 👉 here.
Meet Zondax
The Zondax team, operating in the interchain, is dedicated to enhancing the ecosystem in hardware wallet support, cryptography, and integrating Rosetta into the Cosmos SDK. They have achieved significant milestones, including the introduction of Sign Mode Textual for secure hardware device transactions and contributing to core cryptography advancements.
Read more about Zondax’s committment to advancing the interchain 👉 here.
Circuit Breaker Module
The Circuit Breaker module for blockchain applications was developed to maintain high uptime while allowing specific transactions to be disabled, preventing disruptions to other applications on the chain. It enhances the robustness and reliability of the blockchain.
The Circuit Breaker will be released for versions 0.46, 0.47, and 0.50 of the Cosmos SDK framework, providing a stable, secure, and highly performant application-building toolkit for building application-specific blockchains.
Find more info in the blog post 👉 here.
Channel Upgradability
Great news to IBC relayers, who play a crucial role in transporting data packets between chains. Interchain GmbH team is working on channel upgradability, enabling existing channels to leverage fee middleware in supporting relayers.
Find in this blog post 👉 here for more information and an analysis on relayers costs.
Neutron
Neutron Forum Discussion
- Neutron proposes a pilot audit sponsorship program to support security and deployment of smart-contract projects on its platform. The program aims to provide auditing services for less established teams through a systematic process.
Read the forum 👉 here and share your feedback.
- Neutron seeks quotations from qualified vendors for implementing and operating IBC Relayers for the Neutron network. The project aims to ensure reliable service on crucial channels until better solutions for refunding/incentivizing relayers are widely adopted.
Read the forum 👉 here and share your feedback.
Thank you for reading.
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