Successful Chain Upgrade with the Blessing from Mascots? | LikeCoin Update
Bi-weekly LikeCoin update. 2022.05.24
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🔎 In Focus: LikeCoin Chain “LaiChiKok” Upgrade
LikeCoin chain was successfully upgraded to the LaiChiKok version on 4th May. The new LikeCoin wallet address has the prefix “like” and it also supports the “cosmos” prefix. Several new features are also added to this latest chain version, including an upgrade to Cosmos-SDK 0.44.8 and ibc-go 2.1.0. Let’s get to know more about the key players of the upgrade — Oursky, validators, and the Liker Land team, and the stories behind this successful upgrade. Read more.
Reminder for Likers
After the upgrade, Liker Land app users will be automatically assigned a new address with the prefix “like”. Keplr users will need to set it up manually. You can find the FAQ and tutorial here. Liker Land team is following up with other exchanges, and Dapps on the progress of prefix change. If you encounter any problem, please feel free to report on LikeCoin Discord #bug-report, or click “Help” on Liker Land to reach us.
The Next Station is…?
LikeCoin has undergone five upgrades:
- KaiTak (2019.3.15): As a proof of concept using Tendermint from Cosmos, an Ethereum bridge testnet was built to support deposit and withdrawal on the LikeCoin chain.
- Taipei (2019.9.12, testnet): This was the first Proof of Stake testnet built on Cosmos-SDK 0.3x version and run by validators. Any stakeholder who delegated LikeCoin can participate in community governance.
- SheungWan (2019.11.15): It marks the birth of the LikeCoin chain. Migrated from Ethereum to the Cosmos ecosystem, Cosmos-SDK enabled high-speed and low-cost transactions as well as liquid democracy.
- FoTan (2021.8.18): This version supported ISCN; Cosmos Stargate IBC 0.4x also made interchain transactions possible.
- LaiChiKok (2022.5.4): The wallet address prefix has been changed to “like”, Cosmos-SDK was upgraded to 0.44.8, and ibc-go 2.1.0. Cosmosvisor was also used for the first time to support auto upgrades.
The next upgrade code-named “StarFerry” is also in the pipeline and shall take place in June, and the long-awaited NFT feature rollout will also be included! We will update you in the next LikeCoin newsletter.
📚DApp Applications
Exporting Liker Land Wallet Recovery Phrase
Liker Land users who registered by general method (with Authcore) can finally export the pin/recovery phrases of their Liker ID. They can also manage their LikeCoin in Keplr or other wallets to improve security. Please find the tutorial here.
LikeCoin WordPress plugin 2.5.5
In this latest version, some bugs have been fixed, and the WordPress plugin version information was also added to blockchain publishing records. Download the latest version today and get ready for your publishing and NFT minting plans!
🗳LikeCoin DAO Updates
Committee Update
In the community call in May, committees reported their work progress:
- marketing-subdao： In April, the #marketing-subdao focused on brand building by promoting depub.SPACE and initiating public discussion on LikeCoin NFT. More brand ambassadors, including Blockbuster, will be joining us in May to boost community awareness in Discord.
- tech-subdao: Other than the LikeCoin upgrade and the NFT module mentioned before, the new version of dao.like.co has been confirmed, and a dummy website will be ready for testing very soon.
- community-delegation-committee: Together with the accumulated delegation reward and the incentives of 100 million LIKE allocated to the validators after proposal #44 was passed, the committee has a total of 230 million LIKE currently. The fund was delegated to 12 validators in Round 11.
- creators-fund-committee: Even though the delegation by Civic Liker nodes has increased steadily, it has yet reached the same level as the previous plans. The matching fund will therefore remain the same in May.
