Hello to all æternists! The project continues to operate properly, even during such stressful times of COVID-19 pandemic. Some of the events were postponed, some were turned into virtual ones, but nothing immensely shuts down. The work is ongoing! The development side of the project is æxceptionally vivid. The team continues to upgrade, enhance, and contribute. Recently, the development has started on the æternity Stablecoin with the underlying idea to have a token that represents 1 USD. DAI will back the stablecoin, so they can use the whole MakerDAO infrastructure and expand it to be compatible with the æternity network. The progress is accurately shared in the Forum thread — check it to get acquainted with this wonderful idea. Furthermore, the documentation on æternity’s Sophia was moved to a new location in order to keep the docs and the compiler in sync. Apart from this, wællet v0.5.1 was released, introducing æx2 support, bugfixes, .chain names feature updates and performance upgrades.
æmbassadors organized some events before mass events’ cancellations and rescheduling. Among them was Stephen Sunday, educating the next generation of æternity Sophia developers at the University of Jos, Nigeria. Another fantastic performance was given by Manel Ruiz, who introduced æternity’s oracles during Barcelona Tech Spirit, the event created as a response to the cancellation of the World Mobile Congress of Barcelona. Ugandan æmbassador, Kabeterein Rodgers, held a successful meetup at Bishop Stuart University, where students learned all on aeternity blockchain, Sophia, oracles, and state channels. More event-related news can be found in the update.
The level of engagement of the community in social networks, along with activity on the Forum, is pretty high. It was just a sneak peek for today — see You in two weeks right here! Stay sæfe!
Development
- The development of Aeternity Stablecoin has started. The idea is to have a token that represents 1 USD.
The plan is simple, but yet effective.
- Build AEX9 token — AES (Aeternity Stablecoin)
- Build HTLC contracts compatible with Jelly Swap ->
- Build Jelly Swap AEX9 typescript package to allow easy development
- Integrate AES on Jelly Swap
The stablecoin will be backed by DAI. Having Jelly allows to use everything that Maker DAO has already build, so it is possible to use the whole infrastructure and simply expand it to be compatible with the Aeternity network.
A multi-signature contract on Ethereum will hold the collateral (in that case DAI). They are considering different options about the collateral ratio e.g. 1 DAI = 1 AES or 1.25 DAI = 1 AES or 1.5 DAI = 1 AES.
At first Jelly as an entity, will mint the AES tokens. They will assure that every AES is collateralized by the appropriate amount of DAI. At any point, one can verify that the total amount of AES is in fact collateralized by the appropriate amount of DAI since everything is on-chain. If they see a real demand on AES, they will take things further into putting more effort by “decentralizating” the minting process and keeping the collateral ratio intact. By building either a network of “operators” that will take care of that or a DAO. So, in order to create the first AES tokens, they will put initial collateral of DAI (a few thousand dollars) into the multi-sig contract. Once the DAI is in the contract, they will mint the corresponding amount of AES.
If one wants to acquire AES, he has 2 options:
- Go to Jelly and swap DAI/AE for AES.
- Deposit DAI into the multisig contract and receive the newly minted AES tokens.
About the progress:
- The HTLC smart contract for AEX9 is ready and can be found here — tests are about to be implemented
- The AEX9 typescript package is being developed.
- You can track the progress here.
- The documentation on aeternity’s Sophia has a new location. To keep the docs and the compiler in sync it was decided to move the documentation from the protocol repository to the aesophia:
- The documentation of the language is now here.
- The standard library documentation has been moved here. The builtin functions docs can now be found in this file (they were previously described in the sophia.md)
Changelog:
- aex2 support (rpc aepp<>wallet connection)
- bugfixes in amount formatter
- .chain names feature updates
- performance upgrades
- node/mdw decoupled init
and many more…
Social encounters
- Lifting Crypto ban will boost startup innovation and financial inclusion. Read the opinion leaders including aeternity’s Nikola Stojanow reflecting on the plethora of opportunities!
- Watch aembassador Stephen Sunday educating the next generation of aeternity Sophia developers. The University of Jos students are now ready to build their first decentralized blockchain aepps.
- Watch Manel Ruiz introducing aeternity’s oracles during Barcelona Tech Spirit , the event created as a response to the cancellation of the World Mobile Congress of Barcelona.
- AE’s Ugandan aembassador Kabeterein Rodgers held a successful meetup at Bishop Stuart University. Students learned all on aeternity blockchain, Sophia, oracles, and state channels. More events in Mbarara to be organized soon.
- aembassador Fabián Hernández had a big and diverse crowd at his Blockchain Open Class at Utadeo. The Bogotá community got to learn more about aeternity’s features and to discuss possible use cases.
- The first episode of regular bi-weekly aeternity updates with Mislav Javor from AMPnet, and Tito Marchev from Jelly Swap.
- aembassador Luis Carlos Torres presented aeternity blockchain to the system engineering students at University de Margarita. Participants in Nueva Esparta, Venezuela had many questions about possible use cases.
- Aeternity Ekiti tweeted: “With the jaemers finishing up their dacade project and preparing for aechat deployment, we would love to give a little shout to all community presently involved in aeternity aekiti dev study jaem.”
Upcoming events:
All the amazing aeternity events are scheduled in this calendar. Check it out not to miss anything!
- 25th March 2020 — Sofia Crypto Meetup, Puzl CowOrKing, Sofia
- 25th-26th March — The aeternity haeckathon in Venezuela was postponed to March 25–26 due to covid19 risks. It will be performed remotely to keep everyone safe and healthy.
- 26th March 2020 — CCA TOKEN SUMMIT Liechtenstein — 2020 TOKEN REGULATION
- 26th March 2020 — Milen Radkov was invited to hold a webinar on how to write smart contracts in Sophia language.
- 26th March 2020 — Coffee Meetup in Bogotá, now turns virtual, organized by Colombian aembassador Fabián Hernández.
- 28th March 2020 — æternity Meetup in UNEXCA, Caracas, Venezuela
- 8th April 2020 — The March meetup of aembassador Manel Ruiz at 42 Lyon was postponed due to coronavirus risk. Don’t worry, You will be able to meet him in April!
- 20th August 2020 — Token Summit Liechtenstein
Roadmap
- æternity Development Roadmap Update. UPDATE: æternity’s Lima hardfork was successfully executed on October 30th, 2019 at block height 161150. The æternity’s Mainnet is now running Lima Release 5.0.1. Significant milestones were reached and we are waiting for new target milestones:)
Partnerships and team members
- Meet Pontis — a participant of Starfleet India Accelerator. They are building an integrated DeFi solution where users can integrate their wallets seamlessly with dApps & explore, transact & leverage the offerings of DeFi. Learn more about them here.
- Meet EGSRobo — a corporate sustainability company, participating in the Starfleet India Accelerator. They are building a solution for the operating inefficiencies and workplace violations that plague the fashion industry. Learn more about them here.
Finance
- New mining pool added aeternity — try out Woolypooly.com. Find a detailed guide on how to start mining AE!
Rumors
- Cryptic Legends Game new features and updates are coming to open beta, so join and discover the world of tactical battles with beautiful and unique cards. See post.
Meet Trondor, Priest of the Tyrling tribe — a “Gold-Hearted” “Soothsayer” and “Salt of the Earth”. Truly, an inspiring Hero — one of the many in cryptic legends!
- Support the aeternity blockchain ecosystem by purchasing a branded goodie. Buy an AE hoodie, t-shirt or sticker from the official store and promote your favorite project.
- The project Manager needed at aeternity blockchain. The ideal candidate would be self-motivated, creative, and experienced in managing different aspects of a project. You’ll be coordinating the work of all departments to ensure the project’s success.
- The aeternity blockchain community is looking for a Developer Advocate. You will be responsible for producing content that will attract, educate, and inspire developers by advocating for better development practices.
Social media metrics
The graph above shows the dynamics of changes in the number of Aeternity Facebook likes, Reddit subscribers and Twitter followers. The information is taken from coingecko.com.
Here you can find all kinds of resources to get acquainted with aeternity! The Getting Started page is being constantly updated to help you get quickly acquainted with aeternity: It’s a rich collection of all kinds of articles, video reviews and guides, and interviews that will introduce you to the AE universe.
Also, you can access a List and overview of everything that uses æternity.
