Veil weekly updates: December 10, 2018

Paul Fletcher-Hill
Veil
Published in
2 min readDec 11, 2018

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Here’s a summary of new features and updates from the last week.

Ethereum hash rate derivatives

We have wanted to add hedging tools for miners to Veil for some time. This week we started supporting derivatives on Ethereum’s hash rate as a first step towards this goal. These products are structured as weekly Augur scalar markets that track the 24 hour rolling hash rate on Ethereum. The rolling hash rate is now a data feed on Veil. Ultimately we’d like to support many more miner-focused hedging products, so stay tuned for future updates. And if you’re a miner and are interested in specific products, please get in touch with feedback and ideas.

Support for signTypedData

We upgraded Veil’s frontend this week to version 2 of 0x.js, which allows us to use Ethereum’s new signTypedData method (on new versions of Metamask). Now, instead of signing a garbled mess of UTF8 characters, you sign the JSON of the order itself. Because the data is typed, future wallets will format the JSON to give you more details about the order you’re signing.

Using eth_signTypedData to sign a 0x order.

Faster account balances

We now keep a cache of users’ balances on our markets, so pages such as your portfolio load faster. In the future, we’ll also use this data to give users more accurate analytics and profit/loss calculations.

Current top performers

Congratulations to our current leaders: @zkt, @binkyskippy, @jetebp11, @louloulou, @nic. You can see the live leaderboard here at any time.

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Paul Fletcher-Hill
Veil
Editor for

Building Veil (https://veil.co). Formerly Hill Street Labs, PatientBank.