[52 Week Cosmos] Week 17, 2019

A Weekly Cosmos Ecosystem Update (Apr 18 — Apr 24)

Cosmos/Tendermint

General

• Cosmos-SDK v0.34.1 released
• Cosmos Hub phase II has been initiated: Atom transfers enabled via governance. Next up, IBC!
• ‘The discovery that led Jae Kwon to build the Cosmos blockchain’ by Decrypt

• ‘The Truth About Staking Yields’: A deep dive into the next generation mining and staking. In-depth research into PoS network security and delegator rewards
• Cosmosation mobile wallet for iOS has launched!

Upcoming Events

• [April 24th — 25th, Toronto] Blockchain Revolution Global (with Ethan Buchman, Co-founder of Cosmos)
• [April 28th, Berkeley] She256 (with Chjango Unchained, Director of Community)

IBC

• IBC architecture documentation is nearing completion and ready-for-review. Track discussions here.
• Many discussions around IBC are moving from the ‘strawman phase’ to the ‘concrete phase’

Governance

‘Proposal #5: Expedited Cosmos Upgrade Proposal’

• Proposal #5 Final count: Yes 92.34% / No 3.3% / NoWithVeto 3.9% / Abstain 0.44% / 83.12% of bonded Atoms took part in voting
• Validators and delegators came together to pass the expedited proposal to enable Atom transfers on the Cosmos Hub
• Some concerns were raised regarding time-period of the software upgrade (The Easter holiday and about 3 hours from stopping Cosmoshub-1 to starting Cosmoshub-2), but software upgrade process went smoothly

‘Proposal #4: Issuance of fungible tokens on the Cosmos Hub’

[Forum Discussion Link]

As of April 24, 2019 07:30 UTC

• FYI: Proposal #4 is a signaling vote, without specifics on implementation
• AiB will likely not lead the module implementation.
• “Will the ability to issue tokens on the Cosmos Hub diminish its value as a connecting blockchain?”
• Some concerns:
  1. Cosmos Hub statemachine should be kept simple
  2. Liability of permissioned token issuance
  3. Lack of ‘multiple choice’ proposal types for issuance governance vote

Validator Updates

• P2P Validator showcases a new user-dashboard to track rewards, income across various assets, and staking balance

Ecosystem-at-large

Binance Chain

• Binance Chain token swap from ERC-20 to Binance Chain tokens has begun. More details here
• Binance Chain monthly update: WalletConnect support, Coding competition, feature addition, and libraries.
• Various ERC-20 tokens have begun migration to the Binance Chain
• Some tips on issuing tokens on Binance Chain

Iris Network

• IRISnet & Cosmos AMA with Chinese crypto media PANews. Discussions about the impact of interchain technology in the blockchain industry
• MathWallet adds IRISnet token support

Terra (Mainnet has launched!)

• Terra mainnet (Columbus 1.0) has launched. [Explorer]

• A brief intro on the Terra network and the Terra-Luna currency dynamics (featuring Terra co-founder Do Kwon and Cosmos co-founder Jae Kwon)

Sentinel

• Sentinel Relay Net sneak peek
• Total bandwidth consumption on the Sentinel network has exceeded 50TB
• The Sentinel Lite Android application has been updated to v0.2.2. New updates feature node filters, privacy enhancements, and language addition

Ockam

• A sneak peak into Ockam DIDs: Two Raspberry Pis authenticating each other using Ockam via bluetooth
• Mrinal Wadhwa, CTO of Ockam, on DIDs and Verifiable Credentials for IoT systems

Did we miss anything? If you’re building on Cosmos/Tendermint/Cosmos-sdk, we’d love to feature your projects’ updates in the next 52 Week Cosmos. Feel free to reach out to us via email (atlas@lunamint.com) or tweet us.