Blockchain Weekly Digest — July 8th, 2024
StakeWise July Update, StakeWise Joins the Obol Collective, The Rise of Rollups in the Interchain, and Cardano Weekly Development Update.
The Blockchain Weekly Digest highlights key developments in the blockchain ecosystem include several key updates: StakeWise’s July update reveals its expansion of osETH to Arbitrum, integration of liquidity pools on Balancer and Ramses Exchange, and growing adoption by DAOs such as Nexus Mutual and Aave. StakeWise also joined the Obol Collective to support Ethereum’s decentralization with distributed validators and a 1% fund for these efforts. The rise of rollups in Web3 is highlighted for their faster deployment, cost efficiency, and compliance benefits, featuring Cosmos SDK-based projects like Rollkit, Dymension, Initia, and Celestia. Cardano’s weekly development update includes node improvements, Trezor Safe 3 support, Mithril’s transaction certification advancements, and resilience updates for Voltaire & SanchoNet. 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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Ethereum
StakeWise July Update
In the July edition of New Epoch, StakeWise highlights its significant developments, including the expansion of osETH to Arbitrum, the integration of liquidity pools on Balancer and Ramses Exchange, and the strong engagement from DAOs like Nexus Mutual and Aave in staking ETH. Additionally, StakeWise announced a partnership with MetaMask for wallet-native pooled staking, demonstrating the widespread adoption and effectiveness of StakeWise’s technology in the crypto space.
Check it out the blog post 👉 here.
StakeWise Joins the Obol Collective
StakeWise prioritizes Ethereum’s consensus integrity by joining the Obol Collective to promote distributed validators (DVs) for a more resilient and decentralized network. As a founding member, StakeWise will advocate for DV usage in Vaults and support the Obol Collective’s 1% for Decentralization fund, reinforcing Ethereum’s security and decentralization.
Check it out the post 👉 here.
To learn more on Obol Collective, check it out the blog post 👉 here.
Cosmos
The Rise of Rollups in the Interchain
“The Rise of Rollups in the Interchain” explores the benefits of launching rollups for new Web3 projects within the interchain ecosystem. It highlights how rollups, as application-specific blockchains, offer faster time to market, cost reduction, and compliance advantages over traditional layer-1 blockchains. It also compares different rollup frameworks like OP Stack, Arbitrum Nitro, and Cosmos SDK, emphasizing the flexibility, sovereignty, and performance benefits of Cosmos SDK-based rollups. It discusses the technical aspects, including the role of Zero Knowledge (ZK) technology, and provides an overview of current rollup projects in the Cosmos ecosystem, such as Rollkit, Dymension, Initia, and Celestia.
Check it out the blog post 👉 here.
Cardano
Cardano Weekly Development Update
The weekly development report highlights the release of Cardano node v.8.12.2 with improved networking and ongoing testing by the ledger team. Lace version 1.13 now supports Trezor Safe 3. The Mithril team advanced transaction certification and optimized databases. Voltaire & SanchoNet implemented resilience and safety changes, updated vote removal, and pricing models. Catalyst’s town hall 169 showed significant participation, with voting open until July 11. Preparations are underway for the Cardano Developer course in Buenos Aires, alongside new educational content for Voltaire and Cardano mastery.
Check it out the blog post 👉 here.
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, 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/
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