Blockchain Weekly Digest — June 24th, 2024
DePIN Expansion, Guide to Running a Graph Protocol Indexer for Cosmos Chains, Introducing Valence Protocol, Cardano Weekly Development Update, and Aura Network Partners with SqrDAO.
The Blockchain Weekly Digest highlights key developments in the blockchain ecosystem include several key updates. DePIN expansion sees Cosmos-based projects like Althea Network, Sentinel, Soarchain, and Jackal Protocol innovating in internet access, decentralized VPNs, smart city infrastructure, and cloud storage, leveraging Cosmos SDK and IBC for scalability. The Gitopia Blog provides a guide for setting up a Graph Protocol indexer on Cosmos chains, focusing on Docker setup and continuous indexing. Timewave’s Valence Protocol aims to enhance interchain collaboration with features like restaking agreements across Bitcoin Layer 2s, Ethereum, and Solana DAOs.
Cardano’s updates include PlutusV3 enhancements, Wallet v.1.13 preparations, and governance advancements through Voltaire & Sanchonet, along with Mithril team’s progress in transaction certification.
Lastly, Aura Network partners with SqrDAO to support Vietnamese Web3 development through initiatives like Web3 Builders’ Dinners and global project connections, utilizing Cosmos SDK and EVM/CosmWasm contracts. 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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Cosmos
DePIN Expansion
The Interchain Jam Highlights recap features live sessions with founders and developers of interchain projects like Althea Network, Sentinel, Soarchain, and Jackal Protocol, discussing their innovative solutions for internet access, decentralized VPNs, smart city infrastructure, and trustless cloud storage. The blog emphasizes the benefits of building DePIN projects with Interchain tools such as Cosmos SDK, IBC, and CometBFT for enhanced scalability, sovereignty, and interoperability.
Check it out the blog post 👉 here.
Guide to Running a Graph Protocol Indexer for Cosmos Chains
The Gitopia Blog provides a comprehensive guide on setting up a Graph Protocol indexer and subgraph for Cosmos chains, detailing environment setup with Docker and Node.js, configuring filesystems, and ensuring continuous indexing through automated scripts. It highlights deploying and querying subgraphs via Docker containers to enhance data-driven applications.
Check it out the blog post 👉 here.
Introducing Valence Protocol
Introduces Valence Protocol, developed by Timewave, which enhances interchain collaboration by facilitating programmatic relationships between crypto-native organizations. Valence supports diverse entities, including Bitcoin Layer 2s, Ethereum protocols, and Solana DAOs, and extends interoperability beyond asset transfers. It enables transparent restaking agreements and bilateral POL deals to enhance liquidity and trading. Utilizing IBC, ICAs, Polytone, CosmWasm, and middleware, Valence aims to integrate broader ecosystems and introduce an intent system for economic activities, boosting capital efficiency and interchain cohesion.
Check it out the blog post 👉 here.
Cardano
Cardano Weekly Development Update
Development across various facets of the Cardano ecosystem has seen significant progress. In core technology, CIP-0069 was successfully implemented to enhance PlutusV3 functionality by making spending datums optional and enforcing scripts to include one argument. Bug fixes were also addressed, including script execution for certificates and prevention of delegation to non-existent pools. Wallets and services under the Lace team are gearing up for the v.1.13 release, with updates detailed on the Lace blog. The Plutus team introduced Plutus libraries v1.30.0.0, featuring CIP-0122 and ledger API refactoring. Meanwhile, the Mithril team made strides in Cardano transaction certification, implementing a warm-up strategy for signers and aggregators, improving throughput, and progressing on low-latency certification challenges. Updates in governance and network enhancements were noted in Voltaire & Sanchonet, with ongoing voting and feature completions. Catalyst initiatives are moving forward with community moderation and proposal voting for Fund12, alongside technical developments in Hermes and Catalyst Voices. Lastly, the education team is preparing for the Cardano Developer course and advancing the ‘Mastering Cardano’ curriculum.
Check it out the blog post 👉 here.
Aura
Aura Network Partners with SqrDAO
Aura Network has partnered with SqrDAO to launch the “Builders Backing Builders” program, aimed at accelerating Vietnamese Web3 development. Key initiatives include creating a GitHub directory for Vietnamese Web3 projects, hosting monthly Web3 Builders’ Dinners for networking and workshops, and providing legal, security, and audit services. The program also facilitates connections between local Web3 projects and global opportunities. SqrDAO, a community-driven initiative known for its Web3 Builders’ Dinners, partners with AWS, Solana, Kyber Network, Avalanche, and Aura Network. Aura Network offers an abstraction layer for Real World Assets using the Cosmos SDK, supporting both EVM and CosmWasm smart contracts, and focuses on mass adoption in emerging markets.
Check it out the blog post 👉 here.
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