State of Stake vol. 71

Paradigm
Paradigm
Published in
12 min readJul 26, 2022

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Paradigm’s biweekly update on the Proof-of-Stake ecosystem, 11th July — 26th July

TL;DR

  • Goerli-shadow-fork-5 merged successfully. EthCC videos including Vitalik on the longer-term future of the protocol are out
  • Congratulations to BridgePort on winning Polkadot’s 22nd parachain auction. Kintsugi won the last Kusama auction
  • According to Bloomberg, Polkadot has the smallest carbon footprint among proof-of-stake blockchains
  • Just one week till HackATOM Seoul
  • The new and improved stats page on Avalanche Explorer enables easy exploration and comparison of network stats across not only the C-chain, but also Avalanche Subnets
  • The official list of MVBV Incubation Program participants has been announced
  • Algorand’s biggest event of the year is back for 2022! Decipher is coming to Dubai on November 28–30
  • Polygon zkEVM, the first EVM-equivalent ZK L2, has been announced
  • Last few days to complete the Cardano Developer Survey
  • Internet Computer updates: NNS dapp release, BTC integration effects, Cubetopia & GameFi
  • Brave’s Web3 wallet released its new version 1.41, which now supports Solana
  • Synthetix shares the SNX 2022 release milestones
  • MIDL.dev, a cloud services company specializing in proof-of-stake infrastructure, launched their Tezos RPC service
  • Latest Aave news: Ghosts in Paris, GHO, JustCause Spotlight + ecosystem, and governance updates
  • Band Protocol partners with BitTorrent Chain and integrates with OKC
  • KyberSwap launches integration with Optimism: low-cost and lightning-fast Ethereum L2 blockchain
  • Dock launches Web3 ID
  • Elrond’s Jungle DEX takes a life of its own, with a fully automatic & permissionless listing process
  • Filecoin introduced Filgram, the newest SP discovery tool
  • The CosmWasm Smart Contract layer is now live on Injective
  • Confidential EVM ParaTime Sapphire is now on testnet
  • Zilliqa integrates into WEYU’s diverse NFT ecosystem in a strategic push toward Web3 adoption
  • 0x introduces Slippage Protection, a new feature in 0x API that enables MEV-aware smart order routing for DEX trades
  • THORChain’s next phase: adoption, growth, & scaling
  • Kava 11 is officially set to launch on August 31
  • Join the biggest NEAR event of the year at NEARCON in Lisbon on September 11–14
  • And much more!

Top 10 Crypto Assets by Staked Value

Source: Staking Rewards

Proof-of-Stake Networks’ Updates

Ethereum

  • Lighthouse v2.4.0: mainnet improvements and Goerli testnet support
  • Teku v22.7.0: Goerli testnet support and panda Merge banner
  • Lodestar v0.41.0: Goerli testnet support
  • MEV-boost info website
  • Obol Athena public testnet for Distributed Validator Technology middleware
  • Miga Labs validator migration experiments: 250 validators migrated across six clients

Polkadot

  • Polkadot uses a proof-of-stake protocol that does not require energy-intensive mining, unlike many other NFT platforms. According to Bloomberg, Polkadot has the smallest carbon footprint among proof-of-stake blockchains. Read more.
  • Polkadot’s Governance v2 will remove the Polkadot Council and Technical Committee, and will allow unlimited referenda. The new governance mechanism aims to ensure an optimum and adaptive balance between safety and agility.
  • Polkadot 0.9.26 has been released with medium upgrade priority.
  • Interested in upgrading your web3 and Polkadot dev skills while addressing some of the most pressing problems facing communities? Join Web3athon with $800k+ in prizes, and bring your idea to life.
  • Referendum 69, proposing to upgrade the Polkadot relay chain to runtime v9250, is currently passing by a wide margin with a few days left to vote.
  • Congratulations to BridgePort on winning Polkadot’s 22nd parachain auction. BridgePort is bringing gaming and blockchain technology platforms together to build the infrastructure on Web3, metaverse space, and the NFT ecosystem globally.
  • Integritee Shell is in the lead in the current parachain lease auction.
  • Congratulations to Kintsugi on winning the last Kusama auction in this batch. This is the second auction Kintsugi has won and this time without a crowdloan. The project is bringing radically open Bitcoin to the Kusama ecosystem.

Avalanche

Algorand

  • Algorand’s biggest event of the year is back for 2022! Decipher is coming to Dubai, November 28–30.

Binance (BNB Chain)

Cardano

Cosmos Network

  • HackATOM is back and will be in-person this July
  • Cosmos Hub governance proposal #74: Make the Cosmos Hub the main sponsor of HackATOM Seoul 2022, which is currently accepting votes. Voting ends July 27, 2022.
  • Find the latest governance proposals here.

DFINITY

Solana

  • Brave’s Web3 wallet released its new version 1.41, which now supports Solana. The wallet’s desktop users can now directly connect to Solana-based DApps, allowing them to explore the network’s growing ecosystem with fast transaction speeds and low fees.
  • Monthly Community Update | July 2022

Synthetix

Tezos

Aave

  • Latest Aave News: Ghosts in Paris, GHO, JustCause Spotlight + Ecosystem and Governance Updates
  • Follow the Aave governance forum.

Bancor

Band Protocol

Celo

Dock

  • Dock Launches Web3 ID: Secure Web3 Identity for People and Organizations: Dock launches Web3 ID, a blockchain-based authentication and authorization system that puts user privacy first.

Elrond

Filecoin

The Graph

Injective

Immutable X

IRIS Network

Kava

Kyber

mStable

Near Protocol

Oasis Network

Persistence

Polygon

Secret Network

THORChain

Gnosis Chain (formerly xDai Chain)

Zilliqa

0x project

That’s all for today! Your feedback is highly appreciated! Let us know what you think about the format & content.

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