Tezos: Emmy+: an improvement of Tezos consensus algorithm, Flexible Test Sandboxes — tools by Obsidian systems, the beta version of LIGO is out

Paradigm
Paradigm
Jun 21 · 8 min read

Biweekly update 6th June — 20th June

Hello, Tezos fans! If you worried about this company — stop it! Tezos is doing great! These two weeks were productive both in development and social activity. The latter includes: A great theoretical presentations from Jens Groth and Mary Maller, and hands-on introduction to Snarky and Zokrates tools; The Tezos Training Course held at CU Innovation Hub at Chulalongkorn University; Arthur Breitman, co-founder of Tezos, giving a speech on CogX19; Christopher Goes who presented Cryptium Labs KV store implementation in snarky that they built during the hackathon etc. Tezos team-companies care a lot about the community, so they posted a lot of guides and tutorials towards making Tezos more convenient to use. Check them out in our update! The decentralized nature of Tezos doesn’t prevent the company from making tremendous progress — teams all over the world work coherently and meticulously for the benefit and growth of the whole. Nomadic Labs presented Emmy+: an improvement of Tezos current consensus algorithm; ZenGo introduced the support of Threshold Signature for tezos available in open source; LIGO team is finally making public the beta version of LIGO, a new smart contract language for Tezos and a lot more. The first meetup in Africa is planned. Tezos team is also going to participate in the Seattle Devcon Blockchain Conference. Community members support Tezos a lot — they are amazingly active on Reddit, Twitter, and chats. Tezos keeps its eye on the prize! Follow the progress with Paradigm!

“Our favorite holding period is forever.” Warren Buffet

Bake your Tezzies with us — tezocracy.com

Development

Gitlab metrics

For detailed GitLab developer activity click here.

GitHub developer activity (from Coinlib.io)

Nomadic Labs presented Emmy+: an improvement of Tezos current consensus algorithm. It will be part of our next protocol amendment proposal. More info via link. The main difference is that, in Emmy+, the number of endorsements included in a block no longer influences the fitness, but the timing of a block: the fewer endorsements a block carries the longer it takes before it can be considered valid. More precisely, a block is valid only if its timestamp has a minimal delay with respect to the previous block’s timestamp, and this minimal delay depends not only on the block’s priority but also on the number of endorsement operations included in the block.

  • Jeremy Ornelas, Protocol developer and Language researcher at CryptiumLabs, has written this how-to deploy your custom Tezos Protocol. This is a great way of getting familiar with the tezos OCamlLang codebase and the network stack. Recommended for developers and future core devs.
  • LIGO team is finally making public the beta version of LIGO, a new smart contract language for Tezos. Check it out! They also made a tutorial on implementing it.
  • Obsidian Systems built testing tools for tezos software that they hope all tezos devs can benefit from! Collectively called Flextesa (Flexible Test Sandboxes (Flextesa) to the core Tezos repo to assist us with testing) they play a big role in testing Ledger apps and kiln.
  • Potential design for a simple, and evolvable, on-chain treasury by Arthur Breitman.
  • ZenGo is proud and excited to introduce the support of Threshold Signature for tezos available in open source. Read more about it here. The Tezos address in the transaction details above may look like any normal address. However, the address represents a historic accomplishment. This address is not a regular Tezos address controlled by a private key. In fact, this address, to the best of our knowledge, is the first ever Tezos address controlled by a Threshold Signatures Scheme (TSS), making it also the first coin address controlled by a TSS for EdDSA signatures.
  • Tezblock weekly update #1. They’re currently working in parallel on the requirements engineering from a technical, usability and design perspective for the protocol indexer and the frontend.

Usability & Design

  1. Tezos Block Explorer survey
  2. Mockups for the user tests, improvements and additions
  3. We’ll reach out shortly to schedule an initial set of user feedback calls, please note that due to the great response we won’t be able to get in touch with everyone.

Protocol indexer

  1. Requirements engineering and evaluation of Conseil, Kiln and Tezos lib-indexer. A detailed write-up will be published in the next update.
  2. Local setup of protocol indexer

Frontend

  1. Requirements engineering and evaluation of tech stack
  2. Proof of concepts in terms of page loading speed
  3. Initial setup and connections to APIs

Social encounters

  • Watch Arthur Breitman, co-founder of Tezos, speaking on CogX19.
  • “And the winner is CRYTECH first to compile the tezos node.” — see the tweet.
  • Marc Beunardeau and Victor Dumitrescu during workshop in London. Great theoretical presentations from Jens Groth and Mary Maller, and hands-on introduction to Snarky and Zokrates tools to program in zero knowledge.
  • Tezos commons posted a video about how the Tezos governance process works. Watch it attentively via link.
  • Tutorials: “Introduction to the Tezos Blockchain” by Victor Allombert, Mathias Bourgoin, Julien Tesson.
  • Christopher Goes is presenting Cryptium Labs KV store implementation in snarky that they build during the hackathon. Reading and setting keys in a SparseMerkleTree in full zeroknowledge!
  • An update from Tezos Foundation President Ryan Jesperson. Watch it here.

Upcoming events:

  1. The first Africa meetup in Cameroon.
  2. 27th June — Tezos meetup “Taco Thursdays & Fireside Chat” — 322 W Hastings St · Vancouver, BC
  3. 28th June — Seattle Devcon Blockchain Conference — Largest Blockchain Conference in NW — 12280 NE District Way · Bellevue, WA

Finance

Information from Tzscan.io
  • To celebrate the upcoming one year anniversary of the Tezos beta net launch, they will give fundraiser contributors with activated recommended allocations free Ledger Nano S hardware wallets! Tap here for details.
  • My Tezos Baker made changes: Replacing “Expected ROI” with “Nominal Staking Yield” and “Real Staking Yield”. They are replacing the “Expected ROI” with “Nominal Staking Yield” and “Real Staking Yield”. The team believes these are more accurate terminologies for displaying the expected rewards.

Nominal Staking Yield measures the expected increase in tez over time. Nominal Staking Yield is the expected annual percentage increase in the absolute number of the delegator’s tez. This figure is based on the baker’s fees and baking performance over the preceding 10 cycles.

Real Staking Yield measures the expected yield after accounting for inflation. Real Staking Yield is the expected annual percentage increase (or decrease) in the delegator’s share of the total number of tez outstanding, based on the Nominal Staking Yield and the Inflation Rate.

Partnerships and team members

Team members according to Tezos GitLab
  • Pocket Network became a part of TezosFoundation’s first cohort of its Ecosystem Grants Program.
  • PwC blockchain expert Roman Schnider was accepted to The Tezos Foundation as CFO and Head of Operations!

Rumors

  • Cryptium Labs tweeted a BIG shoutout to Caleb & the Asia Tezos crew for a fantastic tezos event in Singapore. Perfect to catch-up with Asian communities like Tezos Korea and Tezos Japan. Adrian Brink talk “The Future of Tezos” has been recorded and you can watch it here.

Social media metrics

Social media activity
Social media dynamics
Social media dynamics

Tezos community continues to grow. There is a constant increase in the number of subscribers of Tezos social media channels.

There is also Tezos Riot chat and YouTube channel.

The graph above shows the dynamics of changes in the number of Tezos Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.

The Tezos Foundation is committed to supporting organizations which contribute to the growth of the Tezos community and ecosystem. They are especially interested in supporting regional organizations and university-based groups focused on Tezos and the larger blockchain ecosystem.

Check out some of the community organizations that compose the Tezos ecosystem:

Learn about key operational entities


Bake your Tezzies with us — tezocracy.com

This is not financial advice.

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Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain

Paradigm

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Paradigm

In chaos lies the truth

Paradigm fund

Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain