DIS Weekly #6
DIS Weekly covers developments in the decentralized infrastructure solutions space.
|Pocket Network||Aug 20, 2019|
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Launched earlier this year, Chainstack, “the control panel for blockchains”, is a multi-cloud, multi-protocol Platform as a Service (PaaS). Their control panel provides quick access to multiple protocols, both consortium or public, with hybrid deployment options, either on-cloud or on-prem. This gives developers the means to rapidly build, deploy, and manage networks and services. They’ll be able to spend more time building DApps and take those DApps to market faster.
Watch this short video for an introduction to Chainstack to learn more.
Coinmine announced a seed round of $2.5 million, led by M13. This seed round also includes Gumi Crypto, Republic Labs, Canaan Labs, and Shervin Pishevar. The seed round funds will be used to accelerate their mission to make it easy for everyone to earn crypto and improve the Coinmine One experience.
In the last couple of months, with over-the-air updates to their MineOS they’ve: 1) Added Bitcoin to the Coinmine One, 2) Added Grin to the Coinmine One, 3) Increased Grin hashrate by 80%, 4) Reduced energy consumption by 30%.
Pocket has officially integrated into My Ether Wallet, one of the most well-known wallets in the blockchain space. MEW users can now choose pokt.network, the only decentralized node service provider, as an option to connect to either Ethereum or POA (xDAI) Networks. This reduces the risks associated with centralized, single-entity node providers. It literally only takes a few clicks. Here’s how to do it at login and from the dashboard. Also, Pocket Android was integrated into Rio Tezos’ TezosJ_SDK. More integrations are coming for Wallets and SDKs.
In other news, the Pocket/Figment P-Rep candidate participated in the ICON P-Rep AMA, hosted by ICONation and the ICON Foundation.
In Raiden’s Weekly Update 79, they announced the addition of the “Awesome Raiden” repository to the Raiden Network GitHub. The goal of this repo, meant for a broader audience, will be to “provide a curated list of resources, links, projects, tools, and hacks on, for, and around Raiden”.
Last week, the development team announced the release of their “Antifragile Crocodile” Raiden v0.100.5a0 testnet. It fixed bugs from their last testnet release. The dev team also introduced two new milestones on Raiden’s development roadmap: Alderaan and Bespin.
Lightning Network is a Layer 2 solution, built on top of Bitcoin, developed to facilitate cheap and instant micropayments. Last month, Lightning Labs released a network analysis tool called “Lndmon”, which allows Lightning Network users to pull up data of their node and the rest of the network. It’s addresses the need for an easy-to-use tool for routing node operators to manage their nodes.
Last week, the Lightning Lab published the first part of the their Node Operator’s Guide to the Lightning Galaxy series. This part covers routing requirements, as well as, basic lnd operators and parameters. In the same day, Circle Research shared their super simple journey of setting up a lightning node by using Pierre Rochard’s Lightning Power Users Node Launcher.
Launching very soon, Terminal is the Web3 portal for developers. Through Terminal developers can easily build, manage, share, and interact with Web3 protocols, smart contracts, and APIs all in one place. Terminal also provides infrastructure for a wide variety of networks, while providing the option to connect to any node or network that uses a supported framework and utilize their own blockchain node infrastructure.
Welcome to Airdrop 2.0! The Linkdrop Team recently announced the introduction of Linkdrop Dashboard, a tool for DApps to onboard everyday users with Web3 marketing campaigns. A Linkdrop is a claimable digital asset inside a link or QR code. Everyday users don’t need a wallet in advance, since they’d be redirected to install a wallet before claiming a Linkdrop. Check it out in action by watching this short video on how to create a Linkdrop Campaign in the Linkdrop Dashboard. Each Linkdrop comes with a fee of 0.002 ETH per claimed link, which covers the Ethereum Gas fee and service fee of using the LinkDrop Dashboard.
Analytics coming soon.
The Status team re-released v0.13.0 for iOS, since the beta build for this version expires after 90 days. If a Status users already has it, there’s no need to reinstall it. Status’ developer team is also working on a fix for the 64-bit version on Android, which is experiencing random freezes on the arm64 hardware, before v0.14.0 can be released.
Status introduced Discover v2, a new kind of bonded curve contract to construct a ranking game for DApps that is transparent and fair. If you are a DApp developer, submit and rank your DApp. Status will contribute 1000 SNT to the first 50 DApps that apply.
Multis announced that they’ve integrated with Nexus Mutual, the people powered alternative to insurance. This covers a Multis users’ company’s crypto against potential bugs in the multi-sig contract code. Their current rate is ~1.3% p.a., so it’d cost roughly $1,300 for a 12 month-cover on $100,000. It’s truly a game changer for crypto-based companies and organizations, aptly called “Decentralized Peace of Mind”.
They’ve recently announced they will be holding a community vote to select the next Compound asset, in about a week or so. These are the potential asset options: Ampleforth (AMPL), Decentraland (MANA), Flexacoin (FXC), Huobi Token (HT), Loom Network (LOOM), Maker (MKR), Numeraire (NMR), OmiseGo (OMG), Paxos Standard Token (PAX), Synthetix USD (sUSD), Tether (USDT), and TrueUSD (TUSD). Which would you pick?
Decentralee took the concept of cTokens one step further by introducing rDAI (redeemable DAI). It’s an ERC20 token backed by cDAI that allows a person to assign an external party to receive the interest earned by the underlying asset. Or they can keep it for themselves! An individual can even store it in a cold wallet for safe keeping, since it’s based on the ERC20 standard. rDAI contracts currently use Compound Finance, and cDAI, as their interest generating system. However, they’ve designed rDAI to be agnostic regarding the underlying interest generating asset. Read Decentralee’s “The Allocation Strategy” to learn how it defines the way rDAI interfaces with other DeFi protocols to use the DAI users deposits to generate an interest yield while also allowing redeemability. rDAI can also enable a lot of new business models with a two line integration! Like, truly free DApps, unlike legacy freemium apps.
On August 15th, SODA (Synthetic Oracle-Denominated Asset) announced they went live on mainnet. SODA is a DAO for lending and borrowing cryptoassets. With SODA, a user can borrow up to 1,000 DAI with a fixed rate of 13.65% APR using Bitcoin as collateral. Similarly to a MakerDAO CDP (Collateralized Debt Position), a SODA user would over-collateralize the underlying asset. However, with 140% BTC in this case, instead of 150% ETH. Try playing around with their loan calculator! If you are interested in learning more, read their white paper published on IPFS.
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