Ocean Protocol: Technical Updates, Meet-Ups in Berlin

Paradigm
Paradigm
Published in
5 min readAug 21, 2019

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Biweekly update 6th August — 20th August

Greetings to all! We believe you remember Ocean Protocol, an ecosystem for the data economy and associated services, with a tokenized service layer that securely exposes data, storage, compute and algorithms for consumption. There is little news we want to share with you.

In these recent times, the development team did a great job. The vast majority of updates are oriented toward the Commons marketplace. For instance, the tech team Extended the Search options in Commons, which will have a new interface. Dataset results are now filterable by category and license, with the optionality of prices. Furthermore, developers included optional pricing functionality in Commons. This is purely for testing purposes and not supposed to go live but can be turned on when Commons is used as a boilerplate to build your marketplace. In our view, the Commons, as the central corporate identity, development is vitally important.

To conclude, the Ocean team has made significant development changes. The development is still going on, and we hope developers will create substantial updates. Fortunately, we observe the Ocean motivation to blossom out and the goal orientation. By all means, we bolster its aspirations.

Development

GitHub metrics:

Development is ongoing. Commits on public GitHub appears regularly, several times a day.

Developer activity (from Coinlib.io):

Technical Update — July 15-Aug 12

  • Made some updates in Barge and Faucet to be able to move the integration tests of Commons to local Spree network. Barge now includes the Faucet server for dispersal of ETH to use in the Ocean Test Networks.
  • Updates to token migration between Ethereum Mainnet and Ocean PoA Mainnet to make token swap bidirectional between OCEAN token and BEP2.
Improved search in Commons
  • Extended the Search options in Commons, which will have a new interface. Dataset results are now filterable by category and license, with optionality of prices. These UI updates are not merged yet at the time of writing but will go live shortly.
  • Included optional pricing functionality in Commons. This is purely for testing purposes and not supposed to go live but can be turned on when Commons is used as a boilerplate to build your own marketplace.
  • Restarted the Duero network, refactoring and unifying the code.
  • Continued development on OEP-12.
React + web3.js + squid.js

New tutorials:

Finance

Source: CoinMarketCap

Rumors

Thank you, Erwin Kuhn, for your article. According to this one, it becomes clear that pricing data as well as enabling financial instruments on data will require entirely new economic mechanisms, designed from the ground up to accommodate the unique properties of information.

Social media metrics

Social media activity:

Considering that Ocean Protocol is not an old project and its IEO was conducted only on 2nd May 2019, Ocean has a great community.

Social media dynamics:

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

This is not financial advice.

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