Cøsmos Network: Cosmoshub-test-stargate-e, Ethermint public testnet, BigBang testnet to phase-2, CosmWasm’s Musselnet, Cosmos SDK v0.39.2 is out, Proposals 31 and 32 are in the voting period, Akashian Challenge-3, Secret Network partners with Ocean Protocol, Rehearsal for Bluzelle network’s hard fork is ready to commence, and more!
Biweekly update on the Cosmos ecosystem vol. 36, 19th November — 2nd December
Greetings all Space Cowboys and Astronaut Girls! The past two weeks have brought a number of huge tidings which are the main focus of this report.
First and foremost, Cosmoshub-test-stargate-e launched. The Core team is actively working on the resolution of some bugs detected. Prepare with the validators a smooth upgrade of cosmoshub-3 to cosmoshub-4. Let’s do this!
Ongoing Stargate-5testnet is focused on integration testing on legacy amino for service providers (wallets, explorers & exchanges). New CosmWasm testnet, Musselnet, fleet is running with full Cosmos Stargate support.
On November 26th, ChainSafe announced the launch of the first public Ethermint testnet. The purpose of this initial public testnet is to allow developers to deploy and test existing smart contracts from Ethereum or any new code they would like to write on this exciting new platform. Users are also encouraged to connect to these contracts using Web3 tooling and to test existing functionality. Validators and infrastructure providers may also connect to the testnet to become familiar with the software, but this first testnet will not be incentivized. Users can look forward to the Game of Ethermint, the first incentivized testnet which will come out in Q1 of 2021. Episode 10 of Interchain.fm ‘Ethermint’ is here. Tune on the live recording session with Aidan Hyman and Colin Schwarz at Chainsafe discusses the state of Ethermint and its future plans! Moreover, Tendermint and the Interchain Foundation have been working with the Lunie team to develop Lunie Light, a wallet specifically aimed at supporting the Cosmos Hub and blockchains built on recent versions of the Cosmos SDK.
Proposal 31 ‘ Governance Split Votes’ and Proposal 32 ‘Funding for Development of Governance Split Votes’ are still in the voting period.
As for the Cosmos ecosystem updates, the seventh edition of the Interchain Foundation’s biweekly update is here. With 500,000 Akash Token (AKT) in rewards, and validators and developers joining from around the world, The Akashian Challenge Phase 3: Developer Operations is testing the technical and social cunning through a series of tasks and open-ended challenges that get progressively more difficult. The challenges is live during the week of November 30, 2020 — December 4, 2020 and the week of December 7, 2020 — December 11, 2020. ChildLife Foundation has selected Oracle Cloud Infrastructure to help expand life-saving operations. The Bluzelle team informed that rehearsal for network hard fork to the production mainnet is ready to commence. All ATOM from Persistence’s Cosmos StakeDrop have been returned. Their second StakeDrop campaign with KAVA is underway and going well. Rainbow Wallet Released v2.9.5 with optimized UIs. A new collaboration between Secret Network and Ocean Protocol that will provide trustless and convenient access control for Ocean datatokens as well as decentralized private compute via Secret Network was announced. The leading DeFi project in the Polkadot ecosystem, Reef Finance, has partnered with Kava. Acala collaborates with Band Protocol to release an open oracle gateway for Polkadot DeFi. Starname partners with Request. Cybers takeoff round comes towards its end. Kadena is launching Technical Grants, a structured model designed to reward blockchain developers for contributing to the world’s fastest layer-1 PoW network. The SENT iOS dVPN will soon launch on the App Store. And much more!
Keep it in mind, the annual Cosmos Interchain Conversations II summit, which is taking place on December 12th-13th, has opened registrations! Check out the speaker lineup and make sure to claim your ticket.
That’s all for today! IBC here we come!
Development
Github metrics:
Cosmoshub-test-stargate-e launched:
The bugs on Cosmoshub testnet were fixed and a new Gaia version was released
CosmWasm:
Based on CosmWasm 0.12, new CosmWasm testnet, Musselnet, fleet is running with full Cosmos Stargate support:
BigBang testnet to phase-2:
Cosmos SDK v0.39.2 is out:
A new stable release update has been released for the Cosmos SDK 0.39 Release Series, codenamed Launchpad.
• Denom custom validation
• Tendermint v0.33.9
• Extended build information and output
Tendermint
Ethermint’s First Public Testnet Launched:
ChainSafe announced that the first public Ethermint testnet launched this Thursday, November 26th. The purpose of this initial public testnet is to allow developers to deploy and test existing smart contracts from Ethereum or any new code they would like to write on this exciting new platform. Users are also encouraged to connect to these contracts using Web3 tooling and to test existing functionality. Validators and infrastructure providers may also connect to the testnet to become familiar with the software, but this first testnet will not be incentivized. Users can look forward to the Game of Ethermint, the first incentivized testnet which will come out in Q1 of 2021. For background on Ethermint and full details on our development roadmap, check out this article.
The Lunie Light wallet for Cosmoshub is here:
Tendermint & Lunie: Extended Support for the Cosmos Hub: The Lunie wallet is still the most popular web wallet for the Cosmos ecosystem. With the sunset of hosted Lunie products imminent, the team has taken steps to ensure that ATOM holders who prefer using Lunie can continue doing so. Tendermint and the Interchain Foundation have been working with the Lunie team to develop Lunie Light, a wallet specifically aimed at supporting the Cosmos Hub and blockchains built on recent versions of the Cosmos SDK.
‘The Future of the Cosmos Hub’ Community Call #8:
The latest community call. Topic: Interchain Foundation and the Cosmos Hub
- ‘The Future of the Cosmos Hub’ Community Call #7. Topic: Hub Funding Mechanisms and the role of Governance.
- ‘The Future of the Cosmos Hub’ Community Call #6. Topic: ATOM2021.
- ‘The Future of the Cosmos Hub’ Community Call #5. Topic: Liquid Staking and Validator Shares.
- ‘The Future of the Cosmos Hub’ Community Call #4. Topic: Automated Market Makers on the Cosmos Hub.
- ‘The Future of the Cosmos Hub’ Community Call #3. Topic: Secondary Token of the Cosmos Hub.
- ‘The Future of the Cosmos Hub’ Community Call #2. Topic: Interchain Staking.
- ‘The Future of the Cosmos Hub’ Community Call #1. Topic: Replicated Security.
Tendermint 2020 Roadmap:
The Tendermint Core team has decided to share their goals and roadmap for 2020. What follows is a list of their objectives for the year, organized around four high-level goals, which are themselves ordered by approximate priority. However, the team plans to tackle pieces of each of these goals concurrently.
This list is ambitious: It is possible, even likely, that there’s more outlined here than they can achieve in a year. If you are interested in helping the team reach these goals, they’ll be opening up a few new positions soon.
Goal 1: Increase the number of people who can make substantive contributions to Tendermint Core
Goal 2: Ship features and fixes which help Tendermint Core retain its market-leading position
Goal 3: Improve the developer- and user-experience for projects that use Tendermint Core
Goal 4: Expand and curate the number of technologies that can be integrated with Tendermint Core
If you have questions, ideas, or would like to contribute, please open an issue or join Tendermint developer forum.
Cosmos Governance
Now in voting period:
Proposal 31 — Governance Split Votes
Ends: December 7th, 2020
In the Cosmos Hub governance system, each address can only cast a vote for one option (Yes/No/Abstain/NoWithVeto) which uses their full voting power behind that choice.
This proposal proposes an upgrade to the Cosmos Hub governance module that would allow a staker to optionally split their votes into several voting options. For example, a single address could use 70% of its voting power to vote Yes and 30% of its voting power to vote No. Clients may opt into supporting this feature, as the existing UX of voting for a single option is preserved.
This is beneficial because oftentimes the entity owning that address might not be a single individual. For example, a company or organization that owns an address might have different stakeholders who want to vote differently, and so it makes sense to allow them to split their voting power.
Another example use case is exchanges and custodians. Many custodians and exchanges custody multiple customers’ ATOMs in the same address and use this address to stake on behalf of them. However, because of this, it makes it infeasible to do ‘passthrough voting’ and give their customers voting rights over their tokens, if different customers have different voting preferences. With this new proposal, custodians can use split votes to accurately reflect the preferences of their customers in on-chain governance.
Proposal 32 — Funding for ‘Development of Governance Split Votes’
Ends: December 8th, 2020
Sikka is requesting 1776 ATOMs from the community pool to architect and implement the Governance Split Votes feature proposed in Cosmos Hub Proposal #31. This community fund proposal is dependent on the passing of Proposal #31 and thus should only be approved if Proposal #31 is approved. They request 1776 ATOMs, valuing each atom at $5.1
Sikka has already begun the design of this feature and submitted it as ADR 037 to the Cosmos Hub: https://github.com/cosmos/cosmos-sdk/blob/master/docs/architecture/adr-037-gov-split-vote.md
Awareness and social encounters
Interchain.fm new episodes:
Ep. 10: Ethermint: the live recording session of Interchain.FM podcast with Aidan Hyman and Colin Schwarz at Chainsafe discusses the state of Ethermint and its future plans
Code With Us:
Cosmos Code With Us — Distributing Your Blockchain as Hardware
Upcoming events:
December 12th — 13th: Interchain Conversation II
Annual Cosmos Interchain Conversations II summit (co-organized with Dystopia Labs), taking place on Dec 12th & 13th, has opened registrations! Check out the speaker lineup and make sure to claim your ticket here.
Finance
Information from Mintscan.io:
Cosmos Markets
Information from Coinmarketcap.com:
Information from Coinlib.io:
Roadmap
Cosmos Roadmap:
97% complete
Milestones:
- Cosmos SDK 0.40 cosmos/cosmos-sdk 92% complete
- IBC 1.0 cosmos/cosmos-sdk 100% complete
- Tendermint Core 0.34 tendermint/tendermint 100% complete
Status updates:
Interchain Foundation
ICF Update — Dec 1st
ChainSafe Conference and Ethermint Testnet; UX Working Group Chain Registry; Ape Unit Stewarding UX Working Group; NFT Working Group RFC on Specs; Confio Delivers CosmWasm IBC Testnet and New Features (Random Beacon, Multi-Sig, Sub-Keys, IBC Visualizer, Dapp StarterKit); Chainapsis Delivers New Keplr Features (Akash & Starname Networks, Vesting Accounts, CW20 Tokens, Advanced Account Importing, Multi-Currency); Althea gets Peggy an Audit from CertiK; ZKSummit Videos Coming Online; WalletConnect Published v2 Alpha; Akash & IBC Relayer
The seventh edition of the Interchain Foundation’s biweekly update! They are using this space to highlight some of the more exciting activities that took place at the Interchain Foundation over the last two weeks. This includes some check-in meetings that occurred with various funding recipients as well as general meetings and goings-on that members of the Interchain ecosystem might find interesting and informative. If any of the updates are especially relevant to what you are working on feel free to drop them a line at hello@interchain.io.
If you missed previous updates, check it out at ICF Update — Nov 17th ICF Update — Nov 3rd ICF Update — Oct 20th ICF Update — Oct 6th, ICF Update — Sept 7, ICF Update — Sept 22.
Introducing Cosmos Jobs Board
Discover how Interchain Foundation intends to support the Internet of People in addition to the Internet of Blockchains
Cosmos Jobs Board Tutorial: Full Step-by-Step Guide of the new Cosmos’s recruitment-specific Platform.
Ecosystem updates
Akash Network:
- The Akashian Challenge Phase 3: Rewards Overview: With 500,000 Akash Token (AKT) in rewards, and validators and developers joining from around the world, The Akashian Challenge Phase 3: Developer Operations is testing the technical and social cunning through a series of tasks and open-ended challenges that get progressively more difficult. The challenges is live during the week of November 30, 2020 — December 4, 2020 and the week of December 7, 2020 — December 11, 2020. Rewards from the first week will be posted on December 14, 2020. Complete results of rewards will be posted on December 21, 2020.
- Announcing Akash Token Listing on BitMart Exchange
- Akash Network Announces Integration Partnership with Cosmostation Wallet
- Announcing Akash Advisor Brian Fox, Creator of Bash Shell
Oracle:
- ChildLife Foundation Has Selected Oracle Cloud Infrastructure to Help Expand Life-Saving Operations
- Tony Blair Institute and Oracle Launch Africa Vaccine Management in the Cloud
IRIS Network:
- Rainbow Wallet Released v2.9.5 with optimized UIs
- AMA Recap | BSN’s interoperability brought by IRISnet/IRITA
- Ti-Labs Meeting#2 Recap | IRISnet & KuChain
- Rainbow Validator (Sept. & Oct.) | IRISnet Validator Rewards Program
Regen Network:
Starname:
- Partnership Announcement: Request: Invoicing and Getting Paid with starname
- Quick guide to the Starname Manager: Some lines about how to start registering starnames and set up Starname profiles
- AMA Community Call #6 — RECAP: Starname Manager launch and Uniswap listing announcement
Secret Network:
- Announcing ‘Holodeck’ the Official Secret Network Testnet: In this exciting announcement the team covers Holodeck, its components and how developers can get started deploying secret contracts to the testnet. Like the Star Trek-inspired name the Holodeck testnet invites.
- Ocean and Secret: Collaborating on Access Control and Private Compute for datatokens: A new collaboration between Ocean Protocol and Secret Network that will provide trustless and convenient access control for Ocean datatokens as well as decentralized private compute via Secret Network.
- SecretSCRT: How to Mint, Send, Receive, and Convert Privacy Tokens Using Keplr Wallet.
Bluzelle:
- March to Mainnet: Progress Update II: The Bluzelle team informed that the new test network is now ready for public testing. This is a rehearsal for network hard fork to the production mainnet.
- An In-Depth Look into the Bluzelle Staking Economics: The targeted APY for Bluzelle staking is 25% APY. This is equivalent to 0.06115% daily yield. Every day, the mechanism guarantees that the total rewards for the whole community pool is 0.06115%. That means if the whole pool has 10 million tokens staked, the total reward pool for the day will be 6115 BLZ. Bluzelle has allocated an annual BLZ rewards pools that will decrease over time. These rewards represent 10% (50M) of the total supply over four years. Unallocated rewards from the previous year will be rolled to the next year.
Kava:
- Reef Finance Integrates with Kava to Offer World-Class DeFi Services to Users: The leading DeFi project in the Polkadot ecosystem, Reef Finance, has partnered with Kava. Reef will integrate IBC to create a cross-chain connection with Kava. It will be the first project built with Cosmos SDK to integrate with Reef.
- Supply and Earn on HARD Money Market from Binance.com
Terra:
Persistence:
- Final Numbers Report | Cosmos StakeDrop Campaign by Persistence: All ATOM from Persistence’s Cosmos StakeDrop have been returned. Their second StakeDrop campaign with KAVA is underway and going well.
- $25,000 Worth of XPRT will be Distributed to KAVA Stakers During the Kava StakeDrop, Began on November 26th
Key Details:
- Total rewards: 100,000 XPRT ($25,000 based on the latest valuation)
- Campaign duration: 21 days
- Start date and time: 26th November 2020, 12:00 AM PST (Block Height: 453,621)
- End date and time: 16th December 2020, 11:59 PM PST (Block Height: 672,440)
- Magic Transaction start date and time: 23rd November 2020, 12:00 AM PST (Block Height: 422,360)
- Network Rewards Pool: 80,000 XPRT
- AUDIT.one Rewards Pool: 20,000 XPRT
Band Protocol:
- Acala Collaborates With Band Protocol to Release Open Oracle Gateway for Polkadot DeFi
- Brave New Coin Strategically Partners With Band Protocol to Bring Institutional-Grade Price Data to BandChain
- ICON Network Launches BandChain Validator Node and Doubles Down on Partnership With Band Protocol
- Linear Finance Integrates Band Protocol to Secure Decentralized Cross-Chain Derivatives and Synthetic Asset Protocol
- Swingby Partners With Band Protocol To Secure the Skybridge Cross-Chain Asset Protocol on Mainnet
Bytom:
- IEEE Identity Key Management Working Group (Third Meeting)
- Notes on the standardization of Supertx community governance proposals
- SUP governance proposal — Open trading pair listing in SuperTx protocol
- Bytom Ecosystem Explained (5) MOV — A whole DeFi universe (trading, assets, and lending)
- Bytom Ecosystem Explained (4) — Bytom crosschain gateway (Connecting Bytom with other blockchains)
Althea Network:
- Althea Network is growing!
Agoric:
Agoric’s weekly updates:
Oasis:
6,700 investors lock $10.5M in Oasis Network’s token-drop: The Oasis Network’s ROSE token has amassed a $10.5 million TVL and is now the second-largest offering on the CoinList platform by number of participants.
e-Money:
Cyber:
- Cybers takeoff round comes towards its end.
- What is Cyber? | No:1 Computing the knowledge of the Great Web — Review about Cyber
Citizen Cosmos news:
Idena Network:
Kadena:
- Announcing Kadena Technical Grants: Kadena is launching Technical Grants, a structured model designed to reward blockchain developers for contributing to the world’s fastest layer-1 PoW network.
LikeCoin:
Sentinel:
- Turing-3 Incentivized Testnet Category 1 and 2 Rewards Distribution Announcement: Congratulations to all of the winners of the SENT Turing-3 incentivized competition.
- The SENT iOS dVPN will soon launch on the App Store.
THORChain:
KIRA Network:
Built with the Cosmos SDK
Projects that are actively building on the Cosmos ecosystem
Band Protocol — Band Protocol provides a secure and scalable decentralized oracle for Web 3. Announcement » Infrastructure
Binance Chain — Binance Chain is developed by Binance and its community as the basis for a decentralized exchange. Binance is considered the biggest cryptocurrency exchange in the world in terms of trading volume. Announcement » DEX
e-Money — e-Money is the leading European provider of currency-backed stablecoins. The stablecoins are interest bearing and protected by an insolvency fund, which makes them unique in today’s market. Infrastructure Enterprise Stablecoin
IOV — IOV a universal protocol between blockchains and wallet users, is making it possible to send, receive and exchange any cryptocurrency from a single address of value. Wallet Name Service
IRISnet — IRISnet is designed to be the foundation for next generation distributed business applications. It is a BPoS blockchain, built with Cosmos-SDK, that enables cross-chain interoperability through a unified service model. Announcement » Enterprise
Kava — Kava is the first cross-blockchain DeFi platform that enables traders to leverage their assets and hedge using a multi-collateral CDP system and collateral-backed stablecoin (USDX). Announcement » Stablecoin Infrastructure
Persistence — Persistence is creating the most effective tools for enterprise blockchain solutions, built on Cosmos technology and powered by Tendermint. Announcement » Enterprise
Playlist — Playlist is a project aimed at tokenizing the music industry with their PLAY Protocol. Social
Regen Network — Regen Network is a global community and platform focused on ecological monitoring and regeneration. Announcement » Agriculture
Sentinel — Sentinel Network is a network layer that enables a true p2p and decentralized Applications & Resources marketplace. Announcement » Infrastructure
Terra — A price-stable cryptocurrency designed for mass adoption. We are building financial infrastructure for the next generation of decentralized applications. Announcement » Stablecoin Infrastructure
Check out the Full list of projects in Cosmos & Tendermint Ecosystem.
MISC
Social media metrics
Cosmos community continues to grow! There is a stable increase in the number of subscribers of Cosmos social media channels these weeks.
Join Cosmos official Discord channel here.
Check out Tendermint and Interchain Foundation Twitter pages.
There are also Community-managed Channels. These channels are managed entirely by members of the Cosmos community and do not represent official Cosmos or ICF announcements.
Cosmos Validator Working Group
This is not financial advice.
Subscribe to detailed companies’ updates by Paradigm!
Medium. Twitter. Telegram. Telegram Chat. Reddit.
Main sources
Tendermint media
Interchain Foundation media
Ecosystem projects’ social media
Today in Cosmos by Adriana | KalpaTech