This article provides updates and highlights various developments in the blockchain industry, focusing on Cardano, Cosmos, Kava, Tgrade, Quicksilver Protocol, Aura Network, and Neutron. It covers topics such as Cardano’s weekly development progress, Cardano’s dynamic peer-to-peer design, Marlowe’s security features, Project Catalyst Fund10, the integration between Polkadot and Cosmos, Kava’s Kava 14 upgrade, Tgrade’s first anniversary, Quicksilver’s integration with Babylon, Aura Network’s partnership with Celer Network, and the Neutron Governance Forum.
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 weekly development report covers various areas of Cardano’s progress, including core technology, wallets and services, smart contracts, scaling (Basho), Voltaire, Catalyst, and education. Notable updates include simplifications in the Genesis implementation, performance investigations in UTXO-HD, integration of new tools and UI components for wallets, progress in Marlowe and Plutus development, advancements in Mithril and Hydra projects, ongoing discussions on governance frameworks, updates in Project Catalyst, and planning for upcoming educational events.
Read the latest blog post 👉 here.
Essential Cardano360 June 2023
On this month’s episode of Essential Cardano360, which go into Voltaire, get the latest news on Lace, Marlowe, Atala Prism, and Project Catalyst, and hear from projects at large in the ecosystem.
👉 Watch it here!
Cardano’s Dynamic P2P Design
The development of Cardano’s Dynamic peer-to-peer (P2P) networking, which aims to enhance performance, security, and scalability. The Dynamic P2P implementation dynamically refines the network topology to reduce diffusion time. It replaces manual peer configuration and allows nodes to maintain a specific number of active connections. The design principles include modularity, extensibility, scalability, security, and performance.
Read this 👉 blog post to learn more.
Marlowe’s Security
The latest Marlowe blog post discusses the importance of smart contract auditing, various smart contract-based attacks, the Tweag audit findings, and the security-enhancing features of Marlowe.
For more detail, read 👉 here.
Project Catalyst Fund10
Project Catalyst Fund10 is bringing with it the much-awaited ideation and collaboration phases. If you have a proposal you’re eager to collaborate on with the Project Catalyst community, head to the 👉 Project Catalyst Ideascale website to submit your proposal before July 13.
If you don’t have a proposal but still want to be involved, you can give feedback on proposals, and register to vote on them. Voting registration and the community review registration has opened last Thursday, June 29th. If you plan on voting during Fund10 you will need to re-register to vote in a supported wallet before the voting snapshot takes place, August 18th.
To learn more about this process 👉 Catalyst Gitbook.
Cosmos
Polkadot Ecosystem meets Interchain
The interchain is an ecosystem of sovereign blockchains connected by a common interoperability standard. The Polkadot integration via IBC marks a step forward in realizing the interchain vision.
In a revolutionary step towards unifying liquidity, users, and builders, the beta launch of the first trustless connection between DotSama and Cosmos is being celebrated. Centauri, a non-custodial framework, enables IBC transfers between Cosmos chains and DotSama parachains, ensuring secure cross-chain token transfers. This milestone unlocks the free flow of liquidity between previously fragmented ecosystems and expands the utility of the native token PICA.
For more detail 👉 here.
Kava
Kava 14 upgrade
This upgrade will allow Kava to roll out the new ‘internal bridge’ feature, with the initial supported asset of ATOM.
Tether’s integration on Kava uses an ‘internal bridge,’ a single entity built directly into the blockchain (with a very small security surface) to convert IBC to ERC-20 tokens.
The ‘internal bridge’ is a Cosmos SDK module that has tight access controls and restrictions on what it can and can’t be coded to do. This makes the conversion process super secure and maintains a 1:1 relationship between locked SDK coins and the minted ERC-20 tokens.
Kava 14 Mainnet Upgrade is now LIVE for voting on KAVA on-chain 👉 proposal #146.
🗳️ Vote end on July 7th, 23:52 UTC
If this proposal passed, Kava 14 upgrade will occur at block height #5,597,000 on July 12th, ~15:00 UTC.
For more detail 👉 here.
Tgrade
Tgrade First Anniversary
Tgrade, a blockchain built for business, celebrated its first anniversary with a growing number of active validators and transactions. It pioneered the Proof of Engagement consensus mechanism and successfully transitioned from centralized decision-making to a more community-led approach. Despite the decline in token price due to market conditions, Tgrade has seen interest from businesses and projects aiming to bring real-world assets to blockchain.
To read more 👉 here.
Quicksilver Protocol
Babylon integrate with Quicksilver
Babylon, a project focused on enhancing security protocols for the decentralized world, has integrated with Quicksilver, a liquid staking protocol in the Cosmos ecosystem. This integration aims to address the issue of long unbonding periods in proof-of-stake chains by leveraging Babylon’s fast stake unbonding mechanism, which reduces the unbonding period from weeks to a few hours. The collaboration aims to enhance security, scalability, and user experience in the liquid staking landscape while preserving user governance rights.
For more detail 👉 here.
Aura Network
Aura Network partnership with Celer Network
Aura Network has announced a strategic partnership with Celer Network, a leading provider of blockchain bridging solutions. This partnership aims to increase liquidity flow to the Aura chain and bridge NFTs for enhanced functionality within the ecosystem.
For more detail 👉 here.
Neutron
Neutron Governance Forum
Neutron Governance Forum is live and invites community collaboration. The first proposal for discussion is the integration of Timewave’s ‘Rebalancer’ on Neutron, potentially increasing ATOM liquidity and fostering protocol-to-protocol coordination.
Timewave, a team with strong ties to the Cosmos ecosystem, has proposed to build the Interchain Allocator’s Rebalancer on Neutron. They believe Neutron’s technical platform is well-suited for this project and that it can attract ATOM liquidity. The Rebalancer, one component of the Allocator, aims to maintain desired portfolio compositions through regular auctions. Timewave also highlights the potential value the Rebalancer can bring to Neutron in terms of increased ATOM liquidity, MEV opportunities, narrative boost, attracting new capital, and demonstrating Neutron’s capabilities.
They seek a partnership with Neutron and propose receiving 0.3% of NTRN supply upfront and 0.7% unlocking linearly over 36 months.
Let’s read this 👉 forum for Neutron first proposal and share your feedback.
Thank you for reading.
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