Project Weekly | Cardano Founder: It is expected that the ongoing upgrade work will be completed by 2025

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project trends, technological progress and other industry trends for the week. This article is the project weekly, showing you the progress of mainstream projects and star projects this week.

Ethereum

Vitalik: Sharding is the Future of Ethereum Scalability

Vitalik said that sharding is the future of Ethereum scalability. It will help the Ethereum ecosystem support thousands of transactions per second and allow most people in the world to regularly use the Ethereum platform at an affordable cost. The essential. In it, he explains the specific properties that sharding provides, how sharding differs from other technologies without sharding, and the sacrifices that must be made to achieve these properties. He stated that the main goal of sharding is to replicate as much as possible the most important security properties of traditional (non-sharded) blockchains, without requiring every node to personally verify every transaction.

Ethereum developer: 26% of ETH in Ethereum 2.0 comes from exchanges

The CBDC project "Hamilton Project" of the Federal Reserve Bank of Boston and MIT has come to an end: On December 27th, the research project "Project Hamilton" (Project Hamilton) jointly carried out by the Federal Reserve Bank of Boston (Boston Fed) The pre-holiday announcement ends. The two-year project examines the technical aspects of a hypothetical digital dollar. In a statement announcing the end of Project Hamilton, Boston Fed Executive Vice President Jim Cunha said the project was a critical step toward a deeper understanding of how money can better serve everyone.

The researchers said they plan to release more findings about the project in the coming months. When Project Hamilton released a white paper and open-source research software, OpenCBDC, in February, organizers pledged to continue research on “privacy, auditability, programmability, interoperability, and more.” Earlier this month, nine U.S. lawmakers said in a letter to Boston Fed President Susan Collins that there has been a lack of sufficient visibility on the interaction between the Hamilton project and the private sector. (Cointegragh) [2022/12/27 22:09:50]

Ethereum developer Tim Beiko revealed that with staking coming into effect in ETH 2.0, the biggest problem remains validation and how it is distributed among users hosted on exchanges, pools or AWS. The data shows that currently 26% of the ETH participating in the pledge in Ethereum 2.0 comes from exchanges, 15% comes from pools, and the rest is a mixture of all available pledge methods. Ethereum developer Tim Beiko said in this regard: "One thing to note is that the penalty mechanism used by Ethereum's PoS algorithm is related to how many other people and related users 'make mistakes' together." This means that even if the Ethereum network cannot prevent users from Staking on AWS or other popular clients, it could also provide "an economic incentive to set up staking nodes in a way that 'making mistakes' is unrelated to the rest of the network."

AEX establishes a USD 100 million cryptocurrency project investment fund in Vietnam: On March 22, the cryptocurrency exchange AEX provided encrypted financial derivatives in Vietnam, opened an office, and set up a USD 100 million fund to invest in local Blockchain ecosystem. The fund will support local cryptocurrency projects in Vietnam, especially planning to provide liquidity incentives for DeFi projects.

AEX said that it plans to enter Thailand, Vietnam, Russia, the United States, Canada and other markets this year. (Blockworks) [2022/3/22 14:10:07]

Cardano

Cardano founder: It is expected that the ongoing upgrade work will be completed by 2025

Cardano founder Charles Hoskinson discussed the Cardano roadmap on his YouTube channel on Tuesday. The project’s roadmap runs until 2025. The ongoing upgrade work is expected to be fully completed by 2025. The Cardano development team is working on solving the blockchain scaling problem in peer-to-peer transfers. Hoskinson mentioned that once the Alonzo fork is complete, he will return to the issue of scaling. It is reported that the Cardano network is divided into 5 stages: Byron, Shelley, Goguen, Basho and Voltaire. According to previous news, the Alonzo test network will be launched in April at the earliest, and the Alonzo main network is planned to be launched around August.

OKEX launches 6 major DeFi projects recharge and launch: According to official news, OKEx’s popular DeFi project recharge and launch special event will be launched at 20:00 on September 21 with 6 popular EOS DeFi projects. The projects participating in this recharge and launch are: Defibox (BOX), Defis (DFS), DMD (DMD), Organix (OGX), Newdex Token (NDX), TokenPocket (TPT).

It is understood that during the recharge voting period, users can recharge project tokens to their OKEx accounts or generate wallet addresses to vote. The platform will rank based on the sum of the number of rechargers and the number of generated wallet addresses. The top 2 projects are eligible for listing. In addition, the platform will consider giving priority to launching projects with 2,000 community voices or supporters during the event period. For projects that meet the listing conditions, OKEx will launch and open transactions as soon as possible after completing the technical docking.

According to public information, Defibox (BOX) is a professional one-stop DeFi application platform on EOS; Defis (DFS) is an open financial infrastructure that everyone can participate in, build and share; DMD (DMD) is the DeFi platform of EOS Star project, DMD is issued in the form of Bitcoin and YFI. In addition, Organix (OGX) is an agreement to mint and trade various synthetic assets on EOS; Newdex Token (NDX) is an ecological token issued based on the EOS main network; TPT is an application type representing the rights and interests of TP users and developers in the TokenPocket ecosystem Token is an important link connecting wallets, users and project developers. [2020/9/21]

EOS

The total market value of DeFi projects is 12.93 billion US dollars, and the conceptual currency rose 10 and fell 3: Jinse Finance’s DeFi zone market shows that the 24h market of DeFi concept currency rose 10 and fell 3, and the top three 24h increases were: AMPL (+11.64%), BAL ( +8.37%), LRC (+7.91%); the top three decliners are: BNT (-4.25%), ZRX (-0.6%), DMG (-0.43%).

The total market value of DeFi projects is US$12.93 billion, and the top five tokens by market value are: LINK (US$5.898 billion), LEND (US$690 million), SNX (US$655 million), UMA (US$623 million), MKR (US$567 million Dollar). [2020/8/23]

EdenOS will hold elections in July

Jinse Finance reported that on April 6, EOS founder Dan Larimer (BM) released a report on EdenOS in the community and participated in community questions. BM published a detailed roadmap for the new governance system EdenOS. The content-zce shows that EdenOS will hold an election in July and distribute half of the RAM fee to the EOS Alliance, which is about 950,000 EOS. It is reported that EdenOS aims to make the EOS mainnet "the most decentralized, transparent, and democratic governance process in any blockchain" and will be developed with the support of the EOS Alliance.

Voice | Gaolin Consulting: Institutional interest in blockchain projects is concentrated in technology and application fields: Gaolin Consulting recently released a white paper on investment trends in November, which shows that compared with the previous blockchain investment, which was mainly concentrated in the digital token track, this Investors in the second round pay more attention to the implementation of blockchain applications. Blockchain technology has been applied to varying degrees in many fields such as finance, government affairs, medical care, and industrial manufacturing in the global field. With the continuous advancement of application, supervision, and standardization, truly competitive blockchain companies will gradually become prominent. Coming out, the industry ushered in a new round of rapid growth.

Gao Lin Consulting believes that blockchain investment has returned to rationality, and the industry has entered a stage of standardized and orderly development from a barbaric growth period. Institutional investors' interest in blockchain projects is mainly concentrated in the field of technology and application. Among them, the application prospects of blockchain projects and underlying technologies including blockchain basic protocols, anonymous technology, and blockchain hardware are the focus of attention. (Shanghai Securities News) [2019/12/10]

EOS PowerUp model transition has been successfully completed

Jinse Finance reported that EOS Authority tweeted that the EOS PowerUp transition has been completed today. 1) We are happy to offer unlimited free transactions for Scatter, Anchor, etc. on EOS Authority. 2) Transfer your $EOS tokens to REX to enjoy PowerUp fees. Block.one CEO Brendan Blumer (BB) said that congratulations to EOS on the important milestone. It's time to work hard.

TRON

TRON mainnet token TRX completes the first deflation in history

During the week from March 30 to April 5, 2021, TRX, the TRON mainnet token, completed the first deflation in history. According to data from the TRON blockchain browser TRONSCAN, the total circulation decreased from 101,678,790,175 to 101,673,029,723 The total amount of accumulated deflation is as high as: 5.76 million TRX, worth 780,000 US dollars (according to the latest price on Binance at 10:20 (UTC+8) on April 6), which declares that TRX has officially entered the era of deflation and completed the history from inflation to deflation process.

Filecoin

Filecoin Lotus v1.6.0 is released, and the V1 sector life cycle can be extended after the upgrade is completed

Jinse Finance reported that Filecoin officially released the Lotusv16.0 version. This change is the implementation of the proposal FIP-0014. After the miners complete the upgrade at block height 665280 (ie 2021-04-12T22:00Z), they can realize the V1 sector Successfully postponed.

Stellar

Stellar released Stellar Core v16.0.0

According to the official Twitter news, Stellar officially released Stellar Core v16.0.0, which will solve the problems encountered by many nodes this week. “If you run a Stellar node of any kind, it is critical to upgrade as soon as possible,” the tweet said, following a network outage at Stellar on April 6. On April 7th, Stellar officially stated that the SDF public Horizon has been re-launched and updated.

Stellar Team: Network 'Still Running'

In response to news of the outage on the Stellar network, the Stellar team responded in its official statement that XLM transactions are being processed and the network is still functioning. According to the Stellarbeat website, more than half of Stellar’s normally active-zce nodes are currently offline.

Tether

Tether Plans to Launch USDT Stablecoin on Polkadot and Kusama Networks

Tether announced that it will launch the USDT stablecoin on the Polkadot and Kusama networks. Tether said that a launch timeline has not yet been determined as the formation of the parachain has yet to be determined. Therefore, the USDT stablecoin will be launched on Kusama first.

The total market value of USDT exceeded 43 billion US dollars

Tether CTO Paolo Ardoino tweeted that the total market value of USDT has reached 43 billion US dollars. According to official data, the total market value of USDT is currently about 43.102 billion US dollars.

Fei

Algorithmic stablecoin project Fei follows up on the progress of bug fixes: Protocol over-collateralized PCV continues to grow

The algorithmic stablecoin project Fei followed up on the vulnerability incident on Twitter, saying that our team discovered a vulnerability through the bug bounty program this morning. We evaluated its feasibility, and then used the protocol's security measures to suspend the purchase of FEI's minting rewards to ensure the safety of the protocol and PCV (total value controlled by protocol ETH). As of now: - the protocol is over-collateralized; - PCV continues to grow; - Reweights will still happen without minting rewards; - secondary markets and integrations are on track. In addition, the community has put forward several proposals for the current situation, and the official is evaluating them. According to the previous news, Fei announced yesterday night to fix a loophole in Fei incentive calculation. The project party stated that all casting rewards of FEI will be stopped; the transaction will not be affected and will proceed normally. The team is currently working on a fix to restore reward distribution.

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