Humanode: 2023 achievements, Roadmap for 2024, Founders Talk this Friday, Humanode website update, and more!
Biweekly update vol.65, 27th December — 10th January
TL;DR
Hello and welcome to the first edition of the Humanode biweekly report for the year 2024. This update offers a glimpse into the recent news within the Humanode project as it advances on its mission to cultivate a future characterized by decentralization and fairness.
Take a moment to applaud the collective journey of Humanode and delve into the team’s remarkable achievements throughout 2023. The introduction of BotBasher, a Discord tool utilizing Humanode’s cryptobiometric technology, stood out as a pivotal development, effectively addressing issues like bots and multi-account usage to ensure genuine human presence in digital interactions. Additionally, the deployment of the Humanode EVM on Mainnet expanded the platform’s reach and utility, underlining Humanode’s commitment to creating a secure and accessible digital environment. These milestones, from enhancing security measures to fostering community-driven initiatives, collectively advanced the vision of a more secure, private, and inclusive Web3 space, setting the stage for continued progress in the future.
Humanode has unveiled its roadmap for the year 2024, outlining a comprehensive plan of action. The roadmap not only details the current initiatives but also leaves room for the incorporation of novel ideas, features, and applications throughout the year.
On Friday, January 12th, 2024 at 14:00 UTC, the team has scheduled an exclusive Founders Talk, where the founders will delve into the intricacies of Humanode’s 2024 roadmap. This session promises a thorough exploration of upcoming developments and collaborations. Seize this opportunity to pose detailed questions, express your viewpoints, and gain insights into the future trajectory of Humanode. Join via Link3.
Curious about what sets Humanode apart? Interested in understanding how Humanode verifies an individual’s existence and uniqueness through private biometrics? Explore Humanode Lightpaper V. 0.3 “Akagi” for a less technical overview of Humanode’s goals and its approach to achieving them. Read the Humanode Lightpaper V. 0.3 “Akagi” here.
Moreover, the Humanode website has been refreshed, reflecting the project’s continuous evolution and commitment to delivering cutting-edge tech.
And last but not least, for those seeking clarity on LP staking and DeFi concepts, Humanode provided a comprehensive guide for valuable insights.
As we bring this report to a close, we eagerly anticipate a promising journey ahead in 2024, filled with continuous tech innovation and accomplishments!
Reflecting on 2023
A milestone year in Humanode’s journey
Take a moment to applaud the collective journey of Humanode and delve into the team's remarkable achievements throughout 2023.
- BotBasher — Revolutionizing Discord with Cryptobiometric Technology
Humanode made a substantial impact on the Discord platform by introducing BotBasher, a groundbreaking application incorporating Cryptobiometric Technology.
- Introduction of BioDeFi
Another noteworthy accomplishment in 2023 was the introduction of BioDeFi by the Humanode team. This initiative represents a fusion of biometrics and decentralized finance, showcasing the team’s commitment to exploring novel intersections between technology and finance.
- Other Tech Advancements
-The deployment of the Humanode EVM on Mainnet was a crucial development in 2023.
-In 2023, Humanode also made considerable strides in enhancing its Confidential Virtual Machines (CVMs).
-The private biometric technology used by Humanode saw notable improvements in 2023, particularly in liveness detection capabilities.
In essence, 2023 stands out as a transformative year for Humanode. Beyond the tangible milestones reached, the year witnessed the solidification of the project’s vision for a decentralized and secure digital future.
Roadmap 2024
Humanode has unveiled its roadmap for the year 2024, outlining a comprehensive plan of action. The roadmap not only details the current initiatives but also leaves room for the incorporation of novel ideas, features, and applications throughout the year.
Main News
🔺 Humanode Lightpaper V. 0.3 “Akagi” Release
Curious about what sets Humanode apart? Interested in understanding how Humanode verifies an individual’s existence and uniqueness through private biometrics? Explore Humanode Lightpaper V. 0.3 “Akagi” for a less technical overview of Humanode’s goals and its approach to achieving them.
Read the Humanode Lightpaper V. 0.3 “Akagi” here.
🔺 Humanode’s Nonlinear Liquidity Staking
This Sybil-resistant approach, powered by Humanode’s biomapping technology, heralds a new era in liquidity pooling and reward distribution. Here’s a closer look at what this entails:
- Biostaker app: https://mainnet.biostaker.hmnd.app/
- Video guide: https://youtu.be/gqsF_tV3TMQ
- Guide: https://link.humanode.io/guide/biodefi
Humanode Dev Updates
i. Major updates
🔺Updated Humanode website
ii. Humanode-network
🔺Corrected the semantics of the offence slasher generic parameters
🔺Bumped actions/upload-artifact from 3 to 4
🔺Bumped humanode-runtime to 114 spec_version
iii. Discord -integration
🔺Fixed deletion bug in credential-manager
iv. CVM-nix
🔺Splited snp guest and host kernels, and updated the refs
🔺Bumped actions/upload-artifact from 3 to 4
🔺Added ID block computation support
v. Frontier
🔺Used ref particular commit for evm dependency
🔺Implemented Sovereign EVM balances layer
🔺Implemented Sovereign accounts and EVM system layer
🔺Included ED into account_basic balance data extraction
🔺Added Support for external account provider
🔺Used substrate locked/polkadot-v0.9.42
Humanode EVM
🔺 EVM compatibility on Humanode
After extensive testing on the Humanode EVM Testnet “Israfel”, the team has incorporated feedback and made the necessary adjustments. With the success of the public testing phase, Humanode EVM is now ready for mainnet action.
- For the devs out there: the Humanode network now supports dApps and smart contracts developed in Solidity and other EVM-compatible languages. The seamless integration means you can now deploy your smart contracts directly onto the Humanode chain.
- Users: Swap HMND for eHMND and transfer eHMND using popular EVM wallets, including MetaMask.
Want to delve deeper? Check out the detailed blog post on this milestone launch and the potential it unlocks for the Humanode network.
Check the explorer: https://humanode.subscan.io/
Humanode Bot Basher
🔺Understanding BotBasher’s Biometric Privacy and Security Approach
Curious about how BotBasher protects your biometric data? Dive into Humanode’s blog post to explore the advanced security measures they implemented.
🔺 BotBasher now protecting 300+ Discord server communities
Integrate BotBasher to your server: https://botbasher.humanode.io/
Humanode Mainnet
Humanode is the first crypto-biometric blockchain network where one human = one node = one vote that brings Sybil resistance and innovative governance models to the crypto industry using biometric technology.
Be sure to claim tokens as you need some to deploy the node:
- Launcher: https://launcher.humanode.io
- Guides (Validator and Token claim): https://gitbook.humanode.io/mainnet-guide/
- In-depth docs: https://gitbook.humanode.io/docs/
🔺 Humanode explorer by Subscan
🔺 Humanode Explorer by Subscan — How does it work
Awareness & Events
On Friday, January 12th, 2024 at 14:00 UTC, the team has scheduled an exclusive Founders Talk, where the founders will delve into the intricacies of Humanode’s 2024 roadmap. This session promises a thorough exploration of upcoming developments and collaborations. Seize this opportunity to pose detailed questions, express your viewpoints, and gain insights into the future trajectory of Humanode. Join via Link3.
🗓Time: January 12th, 2024 at 14:00 UTC.
📍Place: Humanode X Space.
Join via Link3: https://link3.to/e/qTlElY
Publications
Humanode in Simple Terms — Staking vs LP staking
Confused about LP staking? Read this in-depth guide that compares it to traditional staking and unveil those complex DeFi concepts.
👉Dive into Humanode’s comprehensive guide for clarity and insight.
A deep dive into Humanode’s BioDeFi
Beyond other technological advancements in 2023, Humanode introduced BioDeFi, merging biometric technology with decentralized finance, marking a significant development in the DeFi sector.
A key innovation within the BioDeFi framework is the introduction of Biometric-based Nonlinear Liquidity Staking. It has been widely appreciated by the Web3 community.
Key stats for Nonlinear Liquidity Staking in just a month of its launch:
1. a TVL of $298013.48
2. daily rewards of approx 14,400 WeHMND ($2307.01)
3. an APR range of 100% for $20k staker to 1000% for $100 staker
Moreover, the liquidity depth for HMND on Kucoin (Centralized exchange) shows a +2% depth at $2,330 and -2% depth at $3,474. In contrast, for HMND in the LP staking pool, the +2% depth is higher at $5,326, while the -2% depth is slightly lower at $5,310. This indicates a more balanced liquidity in the LP staking pool compared to Kucoin.
The LP staking model is designed as a countermeasure against the dominance of “whales” and Sybil attackers — individuals or entities that get hold of large amounts of tokens and can influence the market.
In traditional staking models, whales can disproportionately affect staking rewards and governance decisions, leading to an imbalance in the ecosystem.
However, the nonlinear LP staking model levels the playing field by discouraging the concentration of power and influence in the hands of a few. It represents a novel approach in the DeFi space, aiming to create a more balanced and fair ecosystem where each participant has an equal opportunity to contribute and benefit.
To fight Sybil attacks, BioDeFi utilizes onchain biomapping mechanism that uses Humanode’s cryptobiometric technology. It encrypts and links facial biometric data to EVM addresses. It aims to create a system where each participant’s identity is distinct but anonymized, ensuring that financial transactions are linked to verified individuals, rather than pseudonymous or anonymous entities.
The approach marks a significant shift in how identity and financial transactions are handled in the DeFi space. Using encrypted biometric data as a basis for verification, BioDeFi aims to create a more secure and fair ecosystem, where the identity of each participant is transparent and verifiable, yet private and secure.
Listings
HMND is listed on KuCoin and Bitmart, BingX, SimpleSwap, and Lunar Crush.
In the meantime, here are a few reminders to all:
- HMND cannot be traded on any DEX at the moment.
- The only places you can buy HMND at this moment are KuCoin and BitMart, SimpleSwap, BingX, and Lunar Crush.
- ALWAYS check the official announcements.
The links to the trading pages:
🔺KuCoin: https://link.humanode.io/trade/kucoin
🔺BitMart: https://link.humanode.io/trade/bitmart
🔺SimpleSwap: https://simpleswap.io/coins/humanode
🔺CoinEx:
🔺Lunar Crush: https://lunarcrush.com/coins/hmnd/humanode
🔺BingX: https://announcement.coinex.com/hc/en-us/articles/21134832899476-CoinEx-Will-List-HMND-on-Nov-22 https://support.bingx.com/hc/en-001/articles/17928663093017-BingX-Spot-Adds-Humanode-HMND-Trading-Pair
MISC
- Scam alert: there is a Humanode Hub named group with a different handle. Check humanode.io for links.
- Humanode invites all of you to join the official Humanode Dev group in Telegram. This group is your hub for connecting with like-minded developers, builders, coders, and innovators, sharing your ideas, and contributing to the world of Humanode’s crypto-biometric technology.
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For more information check out Humanode’s:
▲ Website
▲ Telegram
▲ Blog
▲ GitHub
▲ Youtube
