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Holo 07.02

Generate Your hApp’s Source Code in Seconds

Holochain Dev Pulse 74SummaryHolochain’s new rapid application development (RAD) tool has landed in the newest blessed release of Holonix, the Holochain developer environment. It saves your fingers by generating a lot of the boring boilerplate for you — not just DNA code itself, but front-end code too! In this edition I’ll give an overview of the tool, walk you through a quick tutorial, then share what’s next and why we’re building this.HighlightsGenerate your hApp’s source code in seconds with `hc-happ-scaffold`Holonix v0.0.79 released and blessedGood news for macOS Catalina and Windows 10 developers: installing the dev tools just got easierGenerate your hApp’s source code in seconds with `hc-happ-scaffold`As promised, our developers have created the second iteration of our rapid application development (RAD) tool. The first iteration was a proof of concept that built a fully functioning note-taking hApp for you to play with and explore. As a next step, this new tool gets you running with a hApp of your own design.The `hc-happ-scaffold` tool takes a file in which you’ve described the types of data your hApp ought to produce and how they can be manipulated or accessed. From that file it generates a DNA (the ‘Holochainy’ part of your hApp, the source code that defines the ‘rules of the game’) and a sample UI that lets people create, retrieve, edit, and delete that data.It’s super handy to have your DNA autogenerated for you, of course — nobody likes writing boilerplate code, and entry type definitions in a DNA tend to have a lot of boilerplate. But I found the autogenerated UI to be equally exciting — it meant that I could start playing with my DNA in mere minutes, without typing in arcane terminal commands.The UI is basic, but it’s useful. In a conversation with Lisa Jetton, co-creator of this tool, I said, “oh, it’s kind of like Swagger UI (an API documentation and live testing tool), but for Holochain?” and she said, “yes, exactly!” If you’ve used an HTTP API with a Swagger UI, you know that it’s a great way of getting familiar with that API, because you can make calls against a running instance and see how they behave. A zome’s public functions are its API, so this UI does roughly the same thing. It hides some of the details behind a CRUD forms interface, but gives you the same immediacy you’re used to with Swagger.Tutorial: Get your hApp up and running in a few minutesMake sure you’ve installed Holonix, the Holochain development environment, first.Enter the Holochain development environment:nix-shell https://holochain.love2. Go to a folder where you’d like to create the hApp (create one if you haven’t already):cd ~/my-holochain-projects3. Create a ‘type spec’ file — a human-readable file that describes all your entry types. You can read about the format and find a sample type spec here.4. Point the scaffolding tool at your type spec file and get it to generate your new hApp.hc-happ-scaffold my-type-spec.json my-new-happ/5. Go into the new directory and run your hApp. It’ll start the conductor (Holochain runtime) with a development instance of your DNA, the sim2h switchboard server, a web server to serve your UI assets, and a web browser window containing your UI.cd my-new-happnpm startWhat’s under the hood?This scaffolding tool creates everything your app needs to get started:DNA source code written in RustBasic integration tests written in JavaScriptA basic form-based UI built with React and Apollo GraphQLScripting to start the entire app stack (conductor, sim2h server, and UI server)The zomes in the DNA are fairly straightforward — just structs and entry type definitions for your data types, plus zome functions to create, read, update, delete, and list entries of each type. (Any of these functions are optional for a given entry type; you can specify which ones you do want.) The built-in validation function specifies that only an entry’s author can edit or delete it.We chose to build the UI with React because it is such a popular framework; it’s likely that developers new to Holochain will already have experience with it. Apollo GraphQL, on the other hand, is emerging as a favourite among both the community and our own hAppy Team because it’s an easy-to-use abstraction that lets you swap out back-end implementations easily. If you’re already using Apollo or GraphQL in your UI, you can look at the generated source code for examples of how we use them.What’s next?In the coming months, we plan to include more features:Links and anchors, which will allow you to take full advantage of the DHT as a graph database.More advanced validation rules, such as configurable edit/delete permissions.Ability to generate multi-zome hApps (currently you can only generate multi-zome DNAs, and only if you download the tool directly from the repo).Ability to generate UI and DNA separately (again, you can currently only do this if you download the tool directly from the repo).Why are we doing this?As I’ve written before, we’ve always wanted to make it easier for people to build Holochain apps. This isn’t just good for business; it’s part of our guiding vision. We intend to give groups of people the power to conduct their online lives their way, free of third-party control. Holochain and plug-and-play HoloPorts already have the potential to do that by making it easy for people to self-host the apps they use. This means that no group that wants to take charge of their online tools has to learn how to set up, maintain, and protect a web server, with all the complications that go along with that.But it’s only half of the picture. The other half is knowing what your app is doing and being able to modify it to your own ends. The open-source movement has helped immensely; now you can choose from a huge marketplace of apps whose code can be audited or modified. The Holochain dev community is following suit. And that’s great — if you’re a programmer.We don’t want to stop there. People aren’t fully empowered by the software they use until they can write ‘rules of the game’ that are appropriate to their context, share them with others, and let them evolve. It should be easy to create apps that embody your group’s needs and norms. We realise this is a big journey through mostly uncharted land, full of excursions, setbacks, and surprises. And it’s going to take the collective effort of programmers, researchers, UX designers, and users beyond the sphere of our little project. But we think it’s necessary if we want to see a world where people’s agency is preserved by “genuinely consent-driven technology”, in the words of one hApp developer.I’ll be honest: in order to take full advantage of this RAD tool, you’ll probably still need to be a programmer. But it creates a starting point so you can start building your custom logic sooner. And if you’re new to Holochain development, it demonstrates useful idioms in the context of a working app. And it’s one more step in the journey towards end-user empowerment.Holonix v0.0.79 released and blessedThis release contains the new RAD tool, so you can start using it without fuss. Everything else, including the Holochain version, is the same as Holonix v0.0.75.Just a reminder that there are known issues with the included conductor, v0.0.49. We expect to release a new version soon with fixes. These issues shouldn’t affect hApps built with the scaffolding tool, as they are related to features that it doesn’t use.Good news for macOS Catalina and Windows 10 developers: installing the dev tools just got easierThere are two developments in the land of operating systems that have happened to land within weeks of each other, making it much easier for macOS and Windows developers to start using Holochain.macOS 10.15 (Catalina)The developers of the Nix package manager, which we use to build our Holonix developer’s environment, have fixed a long-standing installation issue on macOS Catalina. As you may know, Catalina introduced a read-only system volume to protect your OS from unauthorised tampering. This broke Nix, which stores its files in that volume. With this fix, you don’t need any clever workarounds; just install Nix using the following command:sh <(curl https://nixos.org/nix/install) --darwin-use-unencrypted-nix-store-volumeThen proceed with the installation of Holonix as normal.Windows 10The May 2020 update of Windows 10 finally includes Windows Subsystem for Linux 2 (WSL2). This new version of WSL is quite different; it runs a full Linux kernel in a VM and is apparently much faster and more compatible with various Linux tools — including Nix. Once you install this update, you should be able to use Holonix seamlessly without installing VirtualBox and Vagrant. (Which is welcome news if you’ve had trouble accessing the conductor from a web browser.) The Holonix installation guide for Windows will take you through the simplified procedure.Development statusLatestHolochain Core: 0.0.49-alpha1 (blessed) | ChangelogHolonix: 0.0.79 (blessed) | ChangelogTryorama: 0.3.4 (blessed)hc-happ-scaffold: 0.1.0 (blessed) | ProjectHoloscape: 0.0.9-alpha (contains Holochain Core 0.0.47-alpha1) | DownloadBlessed (available via https://holochain.love)Holonix: 0.0.79Holochain Core: 0.0.49-alpha1hc-happ-scaffold: 0.1.0Generate Your hApp’s Source Code in Seconds was originally published in Holochain on Medium, where people are continuing the conversation by highlighting and responding to this story.

0

Ontology 07.02

AMA Recap: Ontology’s MainNet 2nd Anniversary

To celebrate Ontology’s MainNet 2-year anniversary, Ontology’s Founder Li Jun was live in Ontology English Telegram to share insights and updated about Ontology 2.0.Check the chat message history of AMA here.Section 1: Top 10 pre-selected questionsQ1. With the new government and stacking changes, can we expect a Binance candidate/consensus node? (Jonatan)In the past few months, we have actively interacted with Binance and Binance US in multiple ONT trading campaigns and community AMAs and deepened our cooperation relations. Binance has been paying great attention to the refinement of our governance and economic model and digging into our announcements and related tutorials. It is currently considering becoming a node on the Ontology blockchain. We will keep our community updated if we hear more progress on this.Q2. At present, all new public blockchains are facing the plight of lack of large-scale applications. Is there any plan for ontology 2.0 in terms of large-scale applications? (Jaylin)We have seen many popular blockchain applications are still limited to gambling and gaming, but not really large-scale real-life applications, nor any killer app. Ontology believes that these applications will not be beneficial to the long-term healthy development of the blockchain industry. Since the second half of 2019, we have been actively involved in talks with partners in the automobile industry and entertainment industry to seek application scenarios of blockchain technology in segmented industries and have already been making some progress.Any large scale application cannot be separated from the support of the underlying technology. In 2020, Ontology has completed various technology upgrades, with key milestones including:10/2019 Ontology Multi-VM launched01/2020 ONTFS released02/2020 Blockchain SaaS Framework (add-on store) alpha released04/2020 Ontology Wasm-JIT released05/2020 Ontology Layer 2 released06/2020 ONT ID 2.0 upgraded06/2020 New version of ONTO released06/2020 Ontology DDXF 2.0 released06/2020 Ontology 2.0 launchedMeanwhile, our new decentralized data marketplace — SAGA and new upgraded data wallet — ONTO, both released this year, will enable users to actually experience blockchain technology for personal digital identity and data exchange.Q3. In your opinion, which of your tools and solutions will be most popular among businesses and regular users in the next few years? (@iluhanakamoto)We have been talking about decentralization and data collaboration etc. Actually, an important element about decentralization is to integrate every individual into the decentralized ecosystem and make them own their own data, equity, and assets.Although you may think you own your data on social networks like Facebook or Twitter, you do not have the tools or systems owned by big social companies to own your own data. This is exactly what our self-sovereign data wallet ONTO has been focusing on achieving, which is to return the data back to users themselves. I would say ONTO is one of the most comprehensive wallets in all types of data wallets.In addition, SAGA, the decentralized marketplace powered by Ontology is another new attempt we have made in the data field.When it comes to real business scenarios, we have been in talks with leading automobile manufacturers for a long while and will focus on applications in the automobile industry in the next phase. In the meantime, we have accumulated relatively complete solutions in data attestation, data market, digital payment and etc. You can find more information on our newly released official website, ont.io.Q4. What are the new requirements to become a node? (@CryptoPelmen)After the Ontology governance model refinement, the minimum requirements for consensus nodes will be 1,500,000 ONT, whilst the minimum requirements for candidate nodes has been lowered from 100,000 ONT to 10,000 ONT. Applicants can simply apply to become a node on OWallet, no KYC will be required.In the meantime, we will open a Telegram announcement channel exclusively for Ontology nodes to receive the latest information.You can find our simplified process in the below graph:More details can be found here.Q5. Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of $Ontology? (@putu45)Since Ontology was founded, we have always insisted on long-term value investments, and choose to build the first community via airdropping our token to the community instead of ICO to raise funds quickly. We have always focused our attention on digital identity, and have always believed that the correct path for the project is to lay a solid tech foundation first and then gradually promote the applications. With more transactions on the blockchain, higher TPS, higher liquidity, more application scenarios, the true value of the token shall be seen. We give the community the right to choose whether to invest.Q6. As Defi’s blockchain. Do Ontology 2.0 think there are major problems with enterprise-level customer adoption? Because in some ways- “blockchain” and “utility” are two completely different issues (@luckydraw66)Ontology focuses not just on DeFi. In our past 2-year journey, we have summarized experiences on enterprise-level applications, especially solutions for the automobile industry, data attestation, data marketplace, and digital payments. You can find more information on our newly launched official website — ont.io.The blockchain technology is still under improvement and it may take some time to see large scale applications. However, it doesn’t mean we are not making progress, we are currently undergoing a series of technical innovations and improvements, for instance, ONT ID, DDXF, WASM-JIT, Multi-VM, Add-On Store and etc. Our Data Wallet ONTO and Data Market Saga have also provided great application scenarios for users to experience blockchain technology.It takes time for great things to happen, and we will continue to put more effort into improving the underlying technology to facilitate enterprise-level adoption which is also one of our focus areas.Q7. The price of 1 transaction on the Network is 0.01 ONG. But, why is one transaction pushed to 0.03 ONG? (@timap97)By design, the gas fees shall cover the costs of operating a node and bring profits to the Triones nodes. There needs to be a certain balance between TPS and the gas fee per transaction. In order to achieve a healthier governance model and more sustainable development, we will raise the transaction fee from 0.01 ONG to 0.05 ONG.Ontology will launch common knowledge graph crowdsourcing services and attestation services such as OpenKG and OGQ on the Ontology blockchain shortly. We expect the average number of transactions on the blockchain to increase significantly.You can find more info here.Q8. With Ontology 2.0, How is it different from the earlier versions of Ontology? What do you think will be the impact of Ontology 2.0 in the current market and how can Ontology 2.0 surpass its competitors. (@S1d3Phil)Ontology 2.0 is designed to support robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs. It was made with both enterprises and developers in mind. We have included several key new features such as WASM-JIT, Multi-VM, Layer 2, and ONT ID 2.0.Ontology has the fastest Wasm-JIT implementation, with execution speeds reaching more than twice that of EOS Wasm. Ontology’s Multi-VM is the first to support seamless contract interactions among different environments, with Ontology Layer 2 contributing to a more comprehensive public chain platform. This way, developers have more choices to develop with the languages and tools they are familiar with, thereby reducing the learning curve and greatly improving development efficiency.Ont 2.0 is a significant improvement to ONT ID 1.0. It fully complies with the definitions and requirements in the W3C draft standard DID v1.0, and has a higher degree of completeness in implementation.The new ONTO, Ontology’s self-sovereign data wallet gives users the power to control the value of their data.And SAGA, a decentralized digital marketplace, monetizes and acquires data in a trusted, standardized and cost-effective way. We are quite confident to make more progress in the field of distributed data and empower the growing data-driven economy by connecting data that would otherwise remain fragmented.Q9. What solutions has ontology developed to solve the problem of monopolizing the management of data from closed programming codes and centralized storage? (@Aguacate30)ONT ID is a decentralized identity framework following the W3C DID Standard, using blockchain and cryptographic technology that can quickly identify and connect identities and enterprise assets. It is decentralized, self-sovereign, safe, and easy to use, enabling users to fully control their own data and identities. As the latest updated version of ONT ID, ONT ID 2.0 is implemented through native smart contracts on the Ontology public chain.By using ONT ID, any entity can take full control of their own identities and data, and authorize applications or other individuals to access their own data as required.Here is a brief summary of several notable features of ONT ID 2.0:Compliance with W3C Definitions and StandardsONT ID 2.0 Authentication and ControlCustom Recovery MechanismCustom Attribute SettingThe protocol and the procedure of ONT ID verifiable credentials are designed based on W3C Verifiable Credentials Data Model 1.0 Standard. ONT ID verifiable credentials support various types of credentials including normal credentials and selective disclosure credentials, with the latter enabling users to selectively disclose the information in different scenarios. Additionally, on the basis of ONT ID, Ontology has designed and implemented a distributed data exchange protocol that is compatible with DID, which makes distributed data exchange possible.DDXF is another solution we provide. Based on DDXF, the ownership of resources can be confirmed and circulated on the chain. Users can exchange their resources for ONG and other OEP-4 assets or for other resources. DDXF supports digital and physical resources and allows various forms of resource circulation, which includes the circulation of its ownership, right to use, etc. For off-chain resources, DDXF enables users to transact off the chain with a smart contract, so as to meet the need for compliance and security and consistency.Q10. Could you please explain what will be the main difference between ONTO 1.0 and ONTO 2.0 and how it will positively efect to the ONTO users? Thank you ☺️☺️(@Asa332)ONTO, Ontology’s self-sovereign data wallet, is a one-stop mobile application for the management of your digital identity, data, and assets, giving users the power to control the value of their data.This month, Ontology launched a new version of ONTO, including new features to enhance data management, including:Fast transfer of assets through ONT IDMaking it easier to find other users and transfer assetsONTO Claims: Own your data through verifiable claims and digital certificationsSection 2: Top 10 selected LIVE questionsQ1. For dApp developer, how does Ontology could be better than any other existing platform like ETH 2.0, EOS, TRON, and Stellar? Why should a developer choose Ontology over them? (@Monica_012)Ontology can provide a more comprehensive infrastructure for dApp, besides blockchain, also including high-level protocols like ONT ID and DDXF and more. These can help dApp developers develop applications for real business scenarios, to avoid too much basic module development on the blockchain and so that they can focus on more on the business logic.Q2. Is this the final complete version of Ontology? Will we have any major changes in the future? It is believed that most projects will not be able to exist in the long run. That may be true. What lessons have you learned from your experience or when evaluating other projects in this industry? ( @sontilatui)As for Ontology, there will never be a final complete version, we will keep improving our technology. Blockchain infrastructure, decentralized identity, and decentralized data are our main focuses. We will bring new developments in these areas every quarter and share the development progress with our community.Q3. How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project? (@Harsha_prabath1)Thank you for your question. With the help and support from our global community, we now have 29 different language communities, where community members who are native speakers of those languages help us promote Ontology in their regions and areas. We have been receiving many messages from various community members who speak multiple languages to help us further expand our global community. You can find out more about it here.Q4. How was DDXF created and what role does it play for decentralized data exchange? How does DDXF verify data, ensure data traceability, and cross-system data processing? (@awesomedivya)DDXF is not only for decentralized data exchange but also can integrate with Ontology blockchain to perform life cycle management, tracing important timeline and participants of data, which will on one hand improve the data transaction and on the other hand increase the level of trust in data.Q5. One fascinating feature of ONT ID is that ONT ID-Ontology uses the Ontology Identifier (ONT ID). Can you elaborate and how to get and access it. How is it different from other security protocols (such as DIGI-ID, 2FA, etc.) (@Bitcoin_User24)ONT ID allows you to self manage in a secured and private environment. With the support of blockchain, it can further enhance the credibility and reliability of trust sources. Comparing to other DID, ONT ID is managed and registered on a public blockchain, which allows it to balance privacy and data trust.Q6. Can you imagine using ONT for things like small business/individual client-sized real estate and proof of ownership (which may eventually replace the need for a notary or intermediary)? What are the obstacles to achieving this goal? (@Lanre_Akorede)Thank you for your question. We can use a decentralized way to flexibly build services for notary related processes required in real estate business, and with exchange protocols and smart contract settlement protocol, we can replace the middleman in many different scenarios and build a more automatic and more decentralized infrastructure.Q7. Staking is currently a Popular topic in Crypto Industry & its helpful to Many projects to encourage investors to hold tokens and make it healthful for the project ecosystem. Can you please tell me about the computer requirement for MINING of Ontology? (@Sumit_Love)Thank you for the question. You can choose to stake on any Ontology nodes to earn ONG incentive via OWallet and ONTO. If you have enough ONT, you can also apply to operate a node, in that case, your rewards will increase significantly. You can check for more details on our Medium or visit node.ont.io. For node application, please refer to my previous answers to the fourth pre-selected question.Q8. What makes you most proud of Ontology 2.0? (@hambiew)Ontology 2.0 symbolizes a more stable and faster infrastructure, with the fastest blockchain Wasm smart contract VM, a more comprehensive DID, and decentralized data exchange protocol, which enables Ontology to provide higher standard services and tech support for various industries business scenarios. It is a great milestone for us and I am very happy to celebrate this important day with all of you.Q9. Will it also be possible to send ONT to phone contacts who have Ontology wallet without knowing their wallet address? Maybe you can add a new feature in ontology 2.0 😊 (@Gagah146)The new ONTO allows you to send ONT and other digital assets to your phone or email contacts. You can also manage your contacts on ONTO.Q10. What is your long-term vision about the industry which Ontology is working at? Can you describe why we should use Ontology instead of others? Which types of advantages users perceive in your platform? (@Dhanu006)Ontology will focus on decentralized data and identity. We will provide blockchain infrastructure, protocols, tools like mobile applications, markets like SAGA, and more other infrastructure services and products, to build the most comprehensive decentralized data and identity service platform.Find Ontology elsewhereOntology website / ONTO website / OWallet (GitHub)Twitter / Reddit / Facebook / LinkedIn / YouTube / NaverBlog / ForklogTelegram Announcement / Telegram English / GitHub / DiscordAMA Recap: Ontology’s MainNet 2nd Anniversary was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.

0

Ontology Gas 07.02

AMA Recap: Ontology’s MainNet 2nd Anniversary

To celebrate Ontology’s MainNet 2-year anniversary, Ontology’s Founder Li Jun was live in Ontology English Telegram to share insights and updated about Ontology 2.0.Check the chat message history of AMA here.Section 1: Top 10 pre-selected questionsQ1. With the new government and stacking changes, can we expect a Binance candidate/consensus node? (Jonatan)In the past few months, we have actively interacted with Binance and Binance US in multiple ONT trading campaigns and community AMAs and deepened our cooperation relations. Binance has been paying great attention to the refinement of our governance and economic model and digging into our announcements and related tutorials. It is currently considering becoming a node on the Ontology blockchain. We will keep our community updated if we hear more progress on this.Q2. At present, all new public blockchains are facing the plight of lack of large-scale applications. Is there any plan for ontology 2.0 in terms of large-scale applications? (Jaylin)We have seen many popular blockchain applications are still limited to gambling and gaming, but not really large-scale real-life applications, nor any killer app. Ontology believes that these applications will not be beneficial to the long-term healthy development of the blockchain industry. Since the second half of 2019, we have been actively involved in talks with partners in the automobile industry and entertainment industry to seek application scenarios of blockchain technology in segmented industries and have already been making some progress.Any large scale application cannot be separated from the support of the underlying technology. In 2020, Ontology has completed various technology upgrades, with key milestones including:10/2019 Ontology Multi-VM launched01/2020 ONTFS released02/2020 Blockchain SaaS Framework (add-on store) alpha released04/2020 Ontology Wasm-JIT released05/2020 Ontology Layer 2 released06/2020 ONT ID 2.0 upgraded06/2020 New version of ONTO released06/2020 Ontology DDXF 2.0 released06/2020 Ontology 2.0 launchedMeanwhile, our new decentralized data marketplace — SAGA and new upgraded data wallet — ONTO, both released this year, will enable users to actually experience blockchain technology for personal digital identity and data exchange.Q3. In your opinion, which of your tools and solutions will be most popular among businesses and regular users in the next few years? (@iluhanakamoto)We have been talking about decentralization and data collaboration etc. Actually, an important element about decentralization is to integrate every individual into the decentralized ecosystem and make them own their own data, equity, and assets.Although you may think you own your data on social networks like Facebook or Twitter, you do not have the tools or systems owned by big social companies to own your own data. This is exactly what our self-sovereign data wallet ONTO has been focusing on achieving, which is to return the data back to users themselves. I would say ONTO is one of the most comprehensive wallets in all types of data wallets.In addition, SAGA, the decentralized marketplace powered by Ontology is another new attempt we have made in the data field.When it comes to real business scenarios, we have been in talks with leading automobile manufacturers for a long while and will focus on applications in the automobile industry in the next phase. In the meantime, we have accumulated relatively complete solutions in data attestation, data market, digital payment and etc. You can find more information on our newly released official website, ont.io.Q4. What are the new requirements to become a node? (@CryptoPelmen)After the Ontology governance model refinement, the minimum requirements for consensus nodes will be 1,500,000 ONT, whilst the minimum requirements for candidate nodes has been lowered from 100,000 ONT to 10,000 ONT. Applicants can simply apply to become a node on OWallet, no KYC will be required.In the meantime, we will open a Telegram announcement channel exclusively for Ontology nodes to receive the latest information.You can find our simplified process in the below graph:More details can be found here.Q5. Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of $Ontology? (@putu45)Since Ontology was founded, we have always insisted on long-term value investments, and choose to build the first community via airdropping our token to the community instead of ICO to raise funds quickly. We have always focused our attention on digital identity, and have always believed that the correct path for the project is to lay a solid tech foundation first and then gradually promote the applications. With more transactions on the blockchain, higher TPS, higher liquidity, more application scenarios, the true value of the token shall be seen. We give the community the right to choose whether to invest.Q6. As Defi’s blockchain. Do Ontology 2.0 think there are major problems with enterprise-level customer adoption? Because in some ways- “blockchain” and “utility” are two completely different issues (@luckydraw66)Ontology focuses not just on DeFi. In our past 2-year journey, we have summarized experiences on enterprise-level applications, especially solutions for the automobile industry, data attestation, data marketplace, and digital payments. You can find more information on our newly launched official website — ont.io.The blockchain technology is still under improvement and it may take some time to see large scale applications. However, it doesn’t mean we are not making progress, we are currently undergoing a series of technical innovations and improvements, for instance, ONT ID, DDXF, WASM-JIT, Multi-VM, Add-On Store and etc. Our Data Wallet ONTO and Data Market Saga have also provided great application scenarios for users to experience blockchain technology.It takes time for great things to happen, and we will continue to put more effort into improving the underlying technology to facilitate enterprise-level adoption which is also one of our focus areas.Q7. The price of 1 transaction on the Network is 0.01 ONG. But, why is one transaction pushed to 0.03 ONG? (@timap97)By design, the gas fees shall cover the costs of operating a node and bring profits to the Triones nodes. There needs to be a certain balance between TPS and the gas fee per transaction. In order to achieve a healthier governance model and more sustainable development, we will raise the transaction fee from 0.01 ONG to 0.05 ONG.Ontology will launch common knowledge graph crowdsourcing services and attestation services such as OpenKG and OGQ on the Ontology blockchain shortly. We expect the average number of transactions on the blockchain to increase significantly.You can find more info here.Q8. With Ontology 2.0, How is it different from the earlier versions of Ontology? What do you think will be the impact of Ontology 2.0 in the current market and how can Ontology 2.0 surpass its competitors. (@S1d3Phil)Ontology 2.0 is designed to support robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs. It was made with both enterprises and developers in mind. We have included several key new features such as WASM-JIT, Multi-VM, Layer 2, and ONT ID 2.0.Ontology has the fastest Wasm-JIT implementation, with execution speeds reaching more than twice that of EOS Wasm. Ontology’s Multi-VM is the first to support seamless contract interactions among different environments, with Ontology Layer 2 contributing to a more comprehensive public chain platform. This way, developers have more choices to develop with the languages and tools they are familiar with, thereby reducing the learning curve and greatly improving development efficiency.Ont 2.0 is a significant improvement to ONT ID 1.0. It fully complies with the definitions and requirements in the W3C draft standard DID v1.0, and has a higher degree of completeness in implementation.The new ONTO, Ontology’s self-sovereign data wallet gives users the power to control the value of their data.And SAGA, a decentralized digital marketplace, monetizes and acquires data in a trusted, standardized and cost-effective way. We are quite confident to make more progress in the field of distributed data and empower the growing data-driven economy by connecting data that would otherwise remain fragmented.Q9. What solutions has ontology developed to solve the problem of monopolizing the management of data from closed programming codes and centralized storage? (@Aguacate30)ONT ID is a decentralized identity framework following the W3C DID Standard, using blockchain and cryptographic technology that can quickly identify and connect identities and enterprise assets. It is decentralized, self-sovereign, safe, and easy to use, enabling users to fully control their own data and identities. As the latest updated version of ONT ID, ONT ID 2.0 is implemented through native smart contracts on the Ontology public chain.By using ONT ID, any entity can take full control of their own identities and data, and authorize applications or other individuals to access their own data as required.Here is a brief summary of several notable features of ONT ID 2.0:Compliance with W3C Definitions and StandardsONT ID 2.0 Authentication and ControlCustom Recovery MechanismCustom Attribute SettingThe protocol and the procedure of ONT ID verifiable credentials are designed based on W3C Verifiable Credentials Data Model 1.0 Standard. ONT ID verifiable credentials support various types of credentials including normal credentials and selective disclosure credentials, with the latter enabling users to selectively disclose the information in different scenarios. Additionally, on the basis of ONT ID, Ontology has designed and implemented a distributed data exchange protocol that is compatible with DID, which makes distributed data exchange possible.DDXF is another solution we provide. Based on DDXF, the ownership of resources can be confirmed and circulated on the chain. Users can exchange their resources for ONG and other OEP-4 assets or for other resources. DDXF supports digital and physical resources and allows various forms of resource circulation, which includes the circulation of its ownership, right to use, etc. For off-chain resources, DDXF enables users to transact off the chain with a smart contract, so as to meet the need for compliance and security and consistency.Q10. Could you please explain what will be the main difference between ONTO 1.0 and ONTO 2.0 and how it will positively efect to the ONTO users? Thank you ☺️☺️(@Asa332)ONTO, Ontology’s self-sovereign data wallet, is a one-stop mobile application for the management of your digital identity, data, and assets, giving users the power to control the value of their data.This month, Ontology launched a new version of ONTO, including new features to enhance data management, including:Fast transfer of assets through ONT IDMaking it easier to find other users and transfer assetsONTO Claims: Own your data through verifiable claims and digital certificationsSection 2: Top 10 selected LIVE questionsQ1. For dApp developer, how does Ontology could be better than any other existing platform like ETH 2.0, EOS, TRON, and Stellar? Why should a developer choose Ontology over them? (@Monica_012)Ontology can provide a more comprehensive infrastructure for dApp, besides blockchain, also including high-level protocols like ONT ID and DDXF and more. These can help dApp developers develop applications for real business scenarios, to avoid too much basic module development on the blockchain and so that they can focus on more on the business logic.Q2. Is this the final complete version of Ontology? Will we have any major changes in the future? It is believed that most projects will not be able to exist in the long run. That may be true. What lessons have you learned from your experience or when evaluating other projects in this industry? ( @sontilatui)As for Ontology, there will never be a final complete version, we will keep improving our technology. Blockchain infrastructure, decentralized identity, and decentralized data are our main focuses. We will bring new developments in these areas every quarter and share the development progress with our community.Q3. How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project? (@Harsha_prabath1)Thank you for your question. With the help and support from our global community, we now have 29 different language communities, where community members who are native speakers of those languages help us promote Ontology in their regions and areas. We have been receiving many messages from various community members who speak multiple languages to help us further expand our global community. You can find out more about it here.Q4. How was DDXF created and what role does it play for decentralized data exchange? How does DDXF verify data, ensure data traceability, and cross-system data processing? (@awesomedivya)DDXF is not only for decentralized data exchange but also can integrate with Ontology blockchain to perform life cycle management, tracing important timeline and participants of data, which will on one hand improve the data transaction and on the other hand increase the level of trust in data.Q5. One fascinating feature of ONT ID is that ONT ID-Ontology uses the Ontology Identifier (ONT ID). Can you elaborate and how to get and access it. How is it different from other security protocols (such as DIGI-ID, 2FA, etc.) (@Bitcoin_User24)ONT ID allows you to self manage in a secured and private environment. With the support of blockchain, it can further enhance the credibility and reliability of trust sources. Comparing to other DID, ONT ID is managed and registered on a public blockchain, which allows it to balance privacy and data trust.Q6. Can you imagine using ONT for things like small business/individual client-sized real estate and proof of ownership (which may eventually replace the need for a notary or intermediary)? What are the obstacles to achieving this goal? (@Lanre_Akorede)Thank you for your question. We can use a decentralized way to flexibly build services for notary related processes required in real estate business, and with exchange protocols and smart contract settlement protocol, we can replace the middleman in many different scenarios and build a more automatic and more decentralized infrastructure.Q7. Staking is currently a Popular topic in Crypto Industry & its helpful to Many projects to encourage investors to hold tokens and make it healthful for the project ecosystem. Can you please tell me about the computer requirement for MINING of Ontology? (@Sumit_Love)Thank you for the question. You can choose to stake on any Ontology nodes to earn ONG incentive via OWallet and ONTO. If you have enough ONT, you can also apply to operate a node, in that case, your rewards will increase significantly. You can check for more details on our Medium or visit node.ont.io. For node application, please refer to my previous answers to the fourth pre-selected question.Q8. What makes you most proud of Ontology 2.0? (@hambiew)Ontology 2.0 symbolizes a more stable and faster infrastructure, with the fastest blockchain Wasm smart contract VM, a more comprehensive DID, and decentralized data exchange protocol, which enables Ontology to provide higher standard services and tech support for various industries business scenarios. It is a great milestone for us and I am very happy to celebrate this important day with all of you.Q9. Will it also be possible to send ONT to phone contacts who have Ontology wallet without knowing their wallet address? Maybe you can add a new feature in ontology 2.0 😊 (@Gagah146)The new ONTO allows you to send ONT and other digital assets to your phone or email contacts. You can also manage your contacts on ONTO.Q10. What is your long-term vision about the industry which Ontology is working at? Can you describe why we should use Ontology instead of others? Which types of advantages users perceive in your platform? (@Dhanu006)Ontology will focus on decentralized data and identity. We will provide blockchain infrastructure, protocols, tools like mobile applications, markets like SAGA, and more other infrastructure services and products, to build the most comprehensive decentralized data and identity service platform.Find Ontology elsewhereOntology website / ONTO website / OWallet (GitHub)Twitter / Reddit / Facebook / LinkedIn / YouTube / NaverBlog / ForklogTelegram Announcement / Telegram English / GitHub / DiscordAMA Recap: Ontology’s MainNet 2nd Anniversary was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.

0

Klaytn 07.02

Klaytn Governance Council: Hashed-Ozys

We are excited to announce that Hashed and Ozys, together as a consortium, have joined the Klaytn Governance Council.Hashed is a blockchain accelerator and investment fund, based on Seoul and San Francisco. Founded by a team of serial entrepreneurs and engineers in 2017, Hashed is passionate about enabling the global adoption of blockchain through education, acceleration, and impact investment.Ozys is a Korea-based blockchain project which recently entered into a devtools partnership with Klaytn to build and operate developer tools and services for Klaytn usability optimization. As a part of its first project, Ozys has added new features to Klaytnscope, the block explorer that monitors block activities on the Klaytn platform.For more information on Klaytn Governance Council, visit our Council page on our official website www.klaytn.com.[Klaytn Governance Council]Klaytn Governance Council is an alliance of multinational businesses and organizations, responsible for operating consensus node network and driving ecosystem growth. Undertaking the platform ownership, the Council members participate in key decisions related to business and technical updates. They are also committed to providing a stable foundation for the Klaytn ecosystem by empowering service providers to operate blockchain-powered services for users across the world.[Klaytn official community]http://www.klaytn.comhttp://twitter.com/klaytn_officialhttps://www.facebook.com/klaytn.official/https://www.facebook.com/groups/klaytndevelopers/[About Klaytn]Klaytn is a public blockchain platform of the leading South Korean mobile platform, Kakao. Dedicated to validating the value and utility of blockchain technology by providing a blockchain service for mass adoption, Klaytn provides intuitive development environment and friendly user experience. Klaytn seeks to continue advancing the platform to offer blockchain services for millions of users.Klaytn Governance Council: Hashed-Ozys was originally published in Klaytn on Medium, where people are continuing the conversation by highlighting and responding to this story.

2

Loopring 07.02

Loopring Monthly Update — 2020/06

Loopring Monthly Update — 2020/06We have made good progress in the R&D of the Loopring protocol and Loopring Wallet. Although product iterations can never catch up with the community’s expectations, from a software engineering perspective, this progress is very satisfactory to us. If you want to learn more about Loopring, please read on.R&DLoopring ProtocolWe decided to do a Loopring 3.6 release before switching gears to Loopring 4.0 (it will have a better name later). Our goal is to make 3.6 good enough for the next two to three years in production to serve our users.Built on top of Loopring 3.5, Loopring 3.6 will be larger in scope and will provide additional trading functionalities. To name a few:Improved onboarding — users won’t need to register an account on the zkRollup before receiving tokens or Ether on Layer-2.Multiple transaction types can now be included in the same block — this will greatly increase the block size to reduce both the per-transaction cost and transaction pending time. (no more waiting for only like-requests)More flexible deposits, withdrawals, and transfers — users will be able to do cross-account and inter-layer transfers.Decreased complexity for block creatorsDecreased costs for some common operationsIncreased token capacityWe will release an updated design doc in July. Loopring 3.6 has almost been fully implemented, but still needs internal audits, more testing, and some implementation refinements. We plan to have the release ready at the end of this month for an external security audit so that we can start using it in production later this year.Loopring ExchangeWe launched a Layer-2 fast transfer feature on Loopring.io with ENS support. This feature is powered by Loopring Pay, a service that is available for all wallets to support Ether and ERC20 token transfers on a zkRollup. The cost per transfer is negligible for us (can be as low as $0.00006 per transfer) and so we charge zero fees currently as a promotion. This has led to an incredibly positive reaction by the Ethereum communities and beyond — especially in this high gas price environment, where even simple transfers are becoming prohibitively expensive. Thank you all so much. We strongly encourage wallets and Ethereum token distribution services to try Loopring Pay.https://loopring.ioWe also kicked off a Liquidity Mining program which incentivizes users to place resting limit orders on the books, with a dedicated pool of funds per trading pair rewarding users based on predefined rules (described in operations section below). Currently incentivizing ETH-USDT and LRC-USDT liquidity, we’ll keep this program running and will support project teams to start their own liquidity mining campaigns on Loopring.io with their own tokens (we do not charge fees). Contact us if you are interested in improving liquidity for your token, on Ethereum’s zkRollup DEX. Note: in the coming days, we will release an open source ‘Hummingbot Connector’ to allow people to spin up trading bots more easily. This will be a fork from the open source Hummingbot codebase. If you don’t need that, you can plug right in to trade via our API.Rewards paid out to liquidity miners on our live dashboard. https://loopring.io/account/liquidity-miningWe open-sourced the Loopring.io frontend. Loopring.io’s React codebase is now open at https://github.com/Loopring/dexwebapp. Excitingly, as the first third-party merge, the Ren team has added RenBridge to Loopring.io’s UI. Through RenBridge, you can easily mint renBTC by depositing BTC, and then use that renBTC on Loopring or other exchanges on Ethereum. We encourage developers to improve our frontend codebase or add more features!RenBridge was added to the Loopring.io UI by the Ren teamLoopring also created and funded a Gitcoin bounty for a responsive frontend for Loopring Pay. The winner will earn 25,000 LRC as a reward. Take a look at the bounty if you are interested. The bounty has just ended — we can’t wait to look at the submissions and see what the future of fast, cheap Ethereum-based payments will look like! Importantly, this Loopring Pay UI will be accessible on mobile, something Loopring.io has not been to date.Loopring WalletSolidified published an audit report for Loopring Wallet’s smart contracts (v1.0). There are a few issues identified which we have already fixed.In the meanwhile, we are inspired by Gas Station Network’s meta-transaction implementation and have improved our module’s design (v1.1). Going forward, we are also open to becoming part of GSN to allow other parties to relay Loopring Wallet meta-transactions. This is currently impossible because we need a very flexible way of reimbursing relayers with any tokens a wallet may actually possess. Loopring Wallet v1.1 is now code-complete and we hope Solidified to audit it once again. Our plan is to release v1.1 in two weeks, before offering the wallet app to a larger group of people.We have also completed an internal review for our Android codebase. A few improvements are already in place, including the isolation and decoupling of app-level password with wallet owner’s private key management, etc.Our engineers also enhanced user experience with the automated app and contract upgrade, the automated Layer-2 account registration and account key reset, and the automatic fee token selection for meta-transactions. The app also supports more types of QR code format to offer better inter-wallet interoperability.The team is busy preparing the launch of the Loopring Wallet app, which represents the core consumer product we will nurture and grow, and hopefully onboard tens of millions of users to Ethereum and DeFi. This will be possible by using our zkRollup scaling to make the experience enjoyable and affordable. Given that we still need to wait for the release of contract v1.1, only a small number of users in our community will be invited to test the first beta. We plan to spend more time in the coming months on polishing the UI.Loopring RelayerMany core functionalities in Loopring Exchange and Wallet are enabled by the new and improved APIs provided by our relayer team, especially Loopring Pay, meta-transactions, and liquidity mining.We have also implemented a long-awaited feature to enable concurrent updates to our Merkle tree. We replayed all historical layer-2 transactions to verify the feature’s correctness, and we will perform further testing to make sure it works as expanded. With this feature, we can update the Merkle tree 10x faster with the same hardware. We plan to deploy this feature into production in July.In the meanwhile, we have also tested prover service on Google Cloud Platform (GCP) and further verified the cost is smaller than that on AWS. We are likely to switch to GCP, at least partially, to run our ZKP prover.Our engineers are also implementing more advanced order types to allow taker-only, maker-only, and stop-limit orders. Hopefully some of these advanced order types will be available in as early as July.OperationsWe are very pleased that Julien Bouteloup joined Loopring Technology Limited as an advisor. Julien has extensive experience trading, and is particularly good at using new market structures and tools. We look forward to Julien's ability and creativity to infuse more value and capability into Loopring Technology.As mentioned, Loopring held a one-month liquidity mining campaign which began in the middle of this month. It supports 2 trading pairs: LRC/USDT and ETH/USDT, with each pair being rewarded with 3,000 USDT each, shared amongst traders by measuring spread, order depth, and orderbook balance. Users can check their rewards and current ranking on the Loopring Exchange in real time.We published a Loopring Exchange FAQ, answering the community’s most pressing questions, especially about processing times, costs, and related info.We reached 2000 users, and then broke 3000 shortly after!Loopring Exchange has listed new markets pBTC/USDT, COMP/USDT, PNT/USDT, PNK/ETH this month, and has completed more than 1.25 million transactions in total. Loopring Pay now supports 29 tokens, including USDT, USDC, DAI, WBTC, renBTC, pBTC, and some well known DeFi tokens such as KNC, SNX, ZRX and LEND. We’ll continue add more tokens to Loopring Pay, and more trading pairs to Loopring Exchange.According to DeBank data, Loopring Exchange has settled over 9000 transactions in the past 24 hours, ranking second in the DEX track, behind only Uniswap. And as you can see on DeFi Pulse, the total assets on the Loopring Exchange zkRollup is 7.6 million USD, ranking fourth in the DEX field. (Coincidentally, if you included us in the ‘payment’ section of DeFi Pulse given Loopring Pay, we have the second most assets, just behind Lightning Network, and at one point, actually were number one :).The HAL team built a LoopringBot on Twitter to report real-time account registrations, deposits, and withdrawals on the Loopring Exchange. They also built a “recipe” allowing users to set notifications to several applications when their Loopring zkRollup withdrawal has been processed.LoopringBotIn The News and On The GroundWeek in EthereumBankless Video (Courtesy of DeFi Dad)https://medium.com/media/3ff27a78476eb5844b1fd0dd5604cbce/hrefEthHub Weekly (& EthHub Weekly Podcast)The DefiantDecryptDeFi Italy (Video Interview)Zero Knowledge Podcast (about trusted setups)Into The Ether PodcastThe Daily Gwei (and again)ETH Network Community CallEthereum CNBitcoinBay Virtual DeFi PanelPOV Crypto Podcast (Video Interview, and Podcast)https://medium.com/media/391eadf364de97a9d75e7d436e84684e/hrefCoinGecko now shows Loopring Exchange dataDune Analytics DEX Dashboard now includes Loopring Exchange dataDeBank added Loopring in their DeFi projects and dataDeFiMarketCap included us in their DeFi token rankings.CoinMarketCap DeFi included us as well.LRCLRC has been proposed by a MakerDAO community member to become a collateral asset for DAI.11.5% of total LRC supply is now staked.With the strong advancement of the Loopring protocol, the team is assessing how to best adapt LRC staking mechanics to mesh with our layer 2 capabilities, and insert itself in the new functionality/use cases, such as in Loopring Pay.Binance launched additional LRC trading pairs: LRC/USDT and LRC/BUSD, and Poloniex listed LRC/USD and LRC/BTC trading pairs.Loopring is a protocol for scalable, secure exchanges and payments on Ethereum using zkRollup. You can sign up for our Monthly Update, learn more at Loopring.org, or check out an exchange/payment app at Loopring.io.Twitter ⭑ Reddit ⭑ Telegram ⭑ Discord ⭑ GitHub ⭑ Docs ⭑ YouTubeLoopring Monthly Update — 2020/06 was originally published in Loopring Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

4

SpaceChain 07.02

SpaceChain June 2020 Monthly Report

ANNOUNCEMENTSSpaceChain Foundation’s Blockchain Hardware Installed on the International Space Stationhttps://medium.com/media/3f5e2546ebf776acca7d511bb5ee9839/hrefSpaceChain Foundation is excited to announce that our blockchain hardware embedded with the multisignature wallet technology has been installed on the International Space Station (ISS)! The installation was conducted by astronaut Jessica Meir, who is also a marine biologist, physiologist, and more recently, the participant of the first all women space walk. In addition, track the node via our tracker to its exact location in orbit! Read more here.Year in ReviewTake a journey through 2019 where we showcase our milestones, achievements, and growth in the updated Year In Review! With each passing year, we are striving to realise the dream of a New Space Economy.SpaceChain strives to constantly add more functionalities and improve existing framework with each launch. For example, we have increased our capabilities to process 100 transactions per transmission, compared to 1 transaction per transmission previously.COMMUNITY ACTIVITIESSpaceChain Foundation Aims To Unlock The Potential Of The New Space EconomyIn this interview with Superb Crew, SpaceChain CTO Jeff Garzik talks more about the collaboration with Core Semiconductor, and the challenges they might face while solving a myriad of problems from security to privacy through blockchain.Fossa Systems’ Chief Executive Officer and Co-founder Julian Fernandez about issues around picosatellites, open-source space and the future of the space industry.Check out the interview we had with CEO Julian Fernandez to understand what Fossa Systems is doing to democratise access to space and telecommunications as a hardware manufacturer and his advice for budding entrepreneurs!Worth readingHow blockchain will help send people into spaceOne different key space will likely be tokenisation, which can allow an extra environment-friendly alternate or communication of assorted house assets. Aravind Ravichandran predicts that house tokenisation will fall into three broad classes. Find out what in the article!How can increased latency make blockchain transactions safer?https://medium.com/media/e4e8bd1264f80265f2b16ab520f3b0a4/hrefCan slow transfer speeds help with heightening security? In this video interview with BTCN Asia, SpaceChain CEO Zee Zheng highlights an incident that happened which will make you think so!TECHNICAL PROGRESSSpaceChain server developmentSummarised the main functions of SpaceChain server and investigated the service architecture of the current wallets. Currently optimising the functions of our service architecture.Designed the communication protocols between the SPC server and the ground station. Waiting for input from various collaborators.Space node software developmentUpdated the mechanism of generating the private keys on the payload. The number of involved dependent libraries have been decreased. The revised private keys generation module uses less system resources. We are currently testing the revised private keys generation module.Updated the space node software and relevant interface.Tested the updated interfaces for space node software.Updated the space node software, including interfaces of signature generation and encryption.SpaceChain server architecture updateTo simplify the procedures of the multisignature transaction on the ground and to support more types of cryptocurrencies, we are discussing the new SpaceChain server architecture and are designing the overall architecture.Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter!SpaceChain June 2020 Monthly Report was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.

3

ANKR 07.02

Ankr Monthly Recap: June 2020

As of today, we are replacing the Bi-weekly updates with monthly recaps. Wondering what Team Ankr has been up to in June?Community UpdateCustomer service live chatFirstly, we now have a live customer support service! For any troubleshooting, concerns, etc., you can message us directly via our intercom live chat at app.ankr.com.Community AMA’s with TomoChain and ElrondWe held two AMA’s this month, with the communities of our partners TomoChain and Elrond.For the TomoChain AMA, Ankr’s CMO Marco and Blockchain Product Manager Flavian spoke with TomoChain’s Chief Business Development Officer Kyn Chaturvedi. The AMA Recap is on Tomochain’s Forum and covers Ankr’s platform, how it beats competition, and how it offers TomoChain users a non-technical way to deploy Masternodes and even their won DEX!The AMA with Elrond was held live in Elrond’s Telegram channel , you can read it here in case you missed it. The focus was again on educating the general user about Ankr, and how our new strategic partnership adds value to the Elrond network.Business updateAnkr token listed on UniFyre walletAnkr token listed on the UniFyre Wallet, built by the Ferrum Network team, focusing on enabling blockchain technology for the masses by making ANKR transactions as easy as sending a text message.Ankr will also be exploring providing one-click Ferrum Network nodes when Ferrum’s mainnet launches, as well as hosting Ferrum’s own nodes on our platform to make the network more stable and decentralized.Strategic partnership with ElrondWe are solving the specific needs of Elrond infrastructure through making node deployment easy and affordable.We are working closely with Elrond’s team to add additional functionality to our application in preparation for Elrond’s mainnet launch.Currently, a closed user group of 15 Elrond community members has been granted exclusive access to Ankr-hosted Elrond nodes to compete in their Battle of Nodes incentivized testnet, the final stress-test of the network before the mainnet launch!Acala Network IntegrationAnother new development in June is our integration with Acala Network, who are building an open finance infrastructure for the Polkadot Ecosystem.Linked by Polkadot, users will be able to access the Acala Network open finance platform from within Ankr’s node hosting platform, a collaboration that fuses the best of both worlds.Development UpdateFor June, we focused development efforts on partner integrations. We had a slew of new protocols this month: Compound, Horizen, Near Protocol, OKChain, and Tron.Our work with Polkadot extends further, too, with projects Bifrost and Darwinia Network. More Polkadot Parachains will follow as further integrations are built.Here are the key developments in June that you need to know about:Binance Smart Chain API servicesDevelopers can get started on building a Dapp with our Binance Chain/Smart Chain API Endpoint now! It takes minutes to deploy, and is free for a limited time so you can focus on developing.In terms of staking, Ankr is working on the very first one-click staking solution for Binance Chain Validators, allowing anyone to stake earn BNB tokens without any technical knowledge!Compound, providing interest like a bank (but decentralized!)With Ankr’s solution, cryptocurrency exchanges, staking platforms and wallets can easily integrate with the Compound protocol and start to offer their users a great alternative to participate in DeFi and earn interest on the assets they keep on their platforms.You’ll be able to save hundreds of DevOps hours since integration can be ready within a week, using Ankr’s RESTful API. Read more about Compound here.Ethereum 2.0: we are ready!Ethereum’s transition to Proof of Stake (PoS) is approaching! Some projections expect Ethereum 2.0 before the end of 2020.While we first announced support on May 27th, we followed up with a longer piece talking about how we’re dedicating resources to provide a legendary staking experience.TomoChain and TomoX: Decentralized Exchanges in a snap!Users can now launch their Decentralized Exchange (DEX) with TomoX and Ankr in minutes, thanks to our continued collaboration with TomoChain.Our platform fully integrated TomoX nodes following an Excalibur hard fork that occurred last month. After depositing 25,000 tokens users can launch a DEX, and we’ll throw in free hosting until August 12th!PCHAIN: A new member of the Ankr platform!PCHAIN joins our list of supported protocols with users able to access both types of validator nodes: Candidate and Bidder.To celebrate our new collaboration, one month of free hosting and a shared delegation pool of 3,600,000 PI is available for the first 36 Ankr-hosted candidate nodes!UI UpdatesIn our continuous efforts to improve user experience, we’ve made updates to general design of our platform. Users now get a better protocol market view that shows pricing and functionality of the node (staking, developing, or something else) all in a glance.We added an API market due to our addition of Binance API endpoints; it will quickly be joined with other API integrations.Other important informationFor all of our new node users, we have a node support Telegram channel where you can chat directly with our team about any questions or concerns you may have. Our live chat support can now be accessed within your dashboard for urgent issues.If you want to read the full list of updates, be sure to check out our blog. And don’t go too far away, we’re unveiling exciting developments in July!Follow Ankr on social mediaWebsite: https://www.ankr.com/Twitter: https://twitter.com/ankrTelegram announcements: https://t.me/anrknetworkannTelegram chat: https://t.me/ankrnetworkTelegram Node Support: https://t.me/AnkrNodeSupportLinkedIn: https://www.linkedin.com/company/ankr/Instagram: https://www.instagram.com/ankr_cloud/Ankr Monthly Recap: June 2020 was originally published in Ankr on Medium, where people are continuing the conversation by highlighting and responding to this story.

3

VeChain 07.01

VeChain Financial Executive Report Vol. 11

Transparency, Fairness, OpennessWith the purpose of fostering transparent communication on our accomplishments on creating tangible economic value by blockchain technology, we hereby present the 11th VeChain Foundation Financial Executive Report, covering the period from February 2020 through to April 2020.Despite complications in operating conditions brought by COVID-19, VeChain continues to build and seize the opportunity to facilitate the latest iteration of VeChain ToolChain™, which will bring about more business growth during and after the pandemic.As always, we sincerely welcome the community to hold us to the commitment of transparency, including but not limited to the rigorous monitoring and usage of our funds, and the development process of all aspects within the VeChain Foundation.The report structure is as follows:1. VET Supply Overview2. VeChain Foundation Expenditure (use of proceeds)3. Notesi) Enterprise Investor Poolii) Co-Founders, Development Teamiii) The Operation, Technological Research and Developmentiv) Business Developmentv) Compliance & Legalvi) Ecosystem Development1. VET Supply OverviewAs of Apr 31, 2020, the circulating amount (i.e. 64,315,576,989) remains almost the same as the last reporting period. The circulating amount at this period end accounts for roughly 74.8% of the total supply, compared to 74.9%, last period end. Within the VET circulating supply, 21,833,053,627 VETs were in the soft-lockups, which makes 25.4% of the total supply. By the end of this reporting period, around 49.4% of the VET total supply is free for trading in the open market.Note:* The soft-lockup categories are as follows:Authority Masternode collateral — each Authority Masternode keeps at least 25 million VETsX Nodes staking — each X node keeps a minimum amount of VETs based on four different tiersEconomic Nodes staking — each economic node keeps a minimum amount of VETs based on three different tiersTeam Lockup — According to the whitepaper 5% of the total VET supply is allocated to co-founders and development team, as of Jan 31, 2020, over 3 billion VETs have been locked up by the team to show the commitment to VeChain’s long term success**The ecosystem reserve was acquired by the VeChain Foundation on the open markets. This reserve will be used to facilitate the long term growth of the VeChain ecosystem. VeChain Foundation is evaluating institution level custody service, and the reserve will be deposited into the custody and disclosed when the custody service is available.2. VeChain Foundation Expenditure (use of proceeds)We summarized below the USD value of the expenditure in fiat or BTC/ETH for the reporting period. For the spending in BTC or ETH, the USD value was booked based on the rate when the transaction occurred. In many situations our service providers and partners prefer to receive VET as direct payment or investment compared to using fiat or BTC/ETH. Therefore, the total expenditure for operation, technological and business development comprises a combination of direct VET payment and use of proceeds (fiat, BTC/ETH) depending on the associated parties’ preference.3. Notesi) Enterprise Investor PoolDuring this quarter, the COVID-19 pandemic has largely put the investment activities on hold and no enterprise investor was accredited.ii) Co-Founders, Development TeamGiven the large impact brought by COVID-19 and uncertainty in the long term impact on the global economy, we made structured analysis of the current business and decided to put all team reward programs on hold for this quarter.iii) The Operation, Technological Research and DevelopmentDuring this period, there have been notable improvements announced to the public, highlighting our great efforts in R&D in exchange for huge technological achievements, which is illustrated as follows:The most significant VeChainThor mainnet code update Entropy (v1.3.0) was released. As a comprehensively enhanced redesign, v1.3.0 is currently the most significant update since the mainnet launch, bringing in many dramatic improvements, especially in terms of performance and efficiency. It can reduce 80% disk occupation and 50% RAM usage, meanwhile vastly reduce the tier query latency.Several updates on Sync were released to optimize the user experience of signing with Ledger devices and wallet selection, such as Sync v1.2.2 that has multiple improvements on UI and bug fixing.Several updates on VeChainThor on VeChain Official Explorer were released to improve the performance. This updated version enables users to download account transfer records.iv) Business DevelopmentDuring this quarter, VeChain was awarded a top 5% ranking among startups around the globe by Early Metrics, which recognized the development and growth logic, market positioning, technical professionalism, and operational execution of VeChain, further proving the potential of VeChain’s business growth.Given the solid advantages in business friendly blockchain technology, VeChain enhanced partnership with Shanghai Gas to further enhance the partnership to kick off the further blockchain-based energy project. The partnership aims to optimize business processes, reduce operation cost, improve the supply chain efficiency and build a trust-free “Energy-as-a-Service” ecosystem. Sarah Regensburger, the vegan fashion label based in London has also chose VeChain ToolChain™ to boost the traceability and efficiency of product delivery.Announced partnerships and collaborations (February, 2020 — April, 2020)Sarah Regensburger (February 28)PlatformXChain (March 17)Shanghai Gas (March 31)Highlights from the business development and marketing events (February, 2020 — April, 2020)Kevin Feng, COO at VeChain, joined an AMA session hosted by Binance US, which was held at its official telegram. The event covers interesting topics related to VeChain, and has a live Q&A session for the community. Kevin stressed that VeChain differs from other public blockchains in terms of technical designs and growth philosophy, by developing blockchain technology and infrastructures that are ready for business adoption. (March 4)Sunny Lu, CEO and co-founder of VeChain, conducted a live AMA on Cryptocom’s Telegram Channel to share VeChain’s recent progress and to answer questions from the community. (April 23)v) Compliance & LegalVeChain hires professional service providers in cybersecurity and legal to ensure products and solutions we offer are secure and compliant with regulations, which we believe is the prerequisite of mass adoption by global enterprises.vi) Ecosystem DevelopmentIn order to provide better support for community developers and improve the quality of contributions incorporated participation, the Foundation team has adhered to the Foundation Grant Program and bounty program, which was being implemented with increasing closer communication with our community. Besides incentive programmes, we are also working with consultants to approach for more resources to create diversity in ecosystem productivity. The team continues to evaluate projects and keeps productive discussions with several teams.VeChain Financial Executive Report Vol. 11 was originally published in VeChain Foundation on Medium, where people are continuing the conversation by highlighting and responding to this story.

2

Hintchain 07.01

힌트체인 X 롯데, 롯데마트 할인과 힌트 에어드롭, 그리고 스타벅스 커피를 지급합니다!

힌트체인은 롯데의 공식 파트너로 토큰 실사용 서비스 출시를 준비하고 있습니다.이에 사용성 테스트를 진행 중으로 참여 시 롯데마트 할인과 힌트 에어드롭, 그리고 스타벅스 커피를 지급합니다.쿠폰이 7/2까지 발급되오니 많은 참여 부탁드리며조만간 출시된 힌트체인과 롯데의 실사용 서비스에도 많은 관심 부탁드립니다.[참여기간] 6/18(목) ~ 7/2(목)[이벤트1. 참여방법]1. M쿠폰 다운로드 + 신규가입안드로이드 ▶ https://bit.ly/2Ne2mu1아이폰 ▶ https://apple.co/2Y9teSr2. 가입 정보 입력창에서 제휴코드 “HINT06” 입력[참여보상] 3,000원 쿠폰 지급 (쿠폰 다운로드는 7/2(목)요일까지 지급)※ 1번 이벤트 참여는 필수입니다.[이벤트2. 참여방법]1. 해먹APP 다운로드 + 해먹 내 가운데 “커뮤니티” 탭에 롯데마트에서 장봐서 무엇을 해드셨는지 후기등록2. 구글폼 제출 ▶ https://bit.ly/2Y4BsLI[참여보상 1.] 스타벅스 커피 쿠폰 1장 100% 지급![참여보상 2.] 2,000원 상당 HINT 지급!※ 1.만 참여하셔도 되고 2. 참여하셔도 되고 둘 다 참여도 가능합니다.※ M쿠폰 사용 기간 : 발급일로부터 7일 이내전국 125개 롯데마트 오프라인 매장에서 1만원 이상 구매시 3천원 할인이 제공됩니다.

2

Nexo 07.01

Nexo Dividend Distribution Scheduled for August 15, 2020

It is our great pleasure to announce that the third Nexo dividend will be paid out to NEXO Token Holders on August 15, 2020.“Our operations have remained as strong as ever, with profits marking constant growth despite the temporary pandemic-induced downturn,” said Antoni Trenchev, Co-founder and Managing Partner of Nexo.“The steady stream of asset integrations and launches, including our Earn on Crypto product suite only last week, underscores our confidence in the sustainability of Nexo’s business model. Distributing our third dividend is the icing on the cake after both an exciting and turbulent few months, and reflects our commitment to rewarding NEXO Token Holders, our greatest supporters, for their trust and ownership.”Nexo periodically and proportionately distributes 30% of its profits to NEXO Token Holders, with the previous dividend payout — of US$2,409,575 — distributed on August 15, 2019. A first, interim dividend of US$912,071 was paid out on December 15, 2018.The upcoming dividend amount is scheduled to be communicated on the August 5, 2020 ex-date, reflecting Nexo’s growing profitability.Important InformationTo receive dividends, NEXO Token Holders must stake their tokens on the Nexo platform by the ex-dividend date — August 5, 2020.Nexo’s Dividend Distribution policy applies to the upcoming payout, splitting it into Base and Loyalty Dividend Payments.Base Dividend — paid out to all eligible token holders proportionally to their NEXO Token holdings.Loyalty Dividend — paid out individually for each NEXO Token based on how long it has been in the Nexo Wallet from one ex-dividend date to the next. The share of the Loyalty Dividend will be no less than 1/3 of the total dividend amount.NEXO Token BonusesNEXO Tokens bring considerable bonuses to holders:50% credit line interest discount when staking enough NEXO in the Credit Line or Savings Wallet to cover the accrued interest.50% credit line interest discount when using NEXO Tokens as collateral.25% higher interest on idle assets when at least 10% of a client’s Savings Wallet comprises NEXO Tokens.We are thrilled to share our success with you once again and thank you for joining us as we drive the future of digital finance.Follow Nexo here and on Twitter to learn more as the ex-dividend date draws closer.Do check out our earlier blog posts, share them with your friends and let them too be part of the Nexo success story!Question? Visit your Help Center.Interested in Nexo? Get in touch:Telegram | Twitter | Facebook | Reddit | LinkedIn | Emailhttps://medium.com/media/9e8fed3335ac43f53c4347e9512c5f34/hrefNexo Dividend Distribution Scheduled for August 15, 2020 was originally published in Nexo on Medium, where people are continuing the conversation by highlighting and responding to this story.

3

Insolar 07.01

新リリース:MainNet 1.8

Insolarは2020年2月初めにメインネットの最初のバージョンをリリースした。それ以来、開発チームは新しいネットワークリリース向上に努めました。我々はMainNet 1.8バージョンのローンチを発表することになって嬉しいです。最新リリースではInsolarウォレットに追加された8つの新言語に加え、インターフェースも目立って向上しました。​それだけでなく、Insolarメインネットに対するモニタリングダッシュボードが設定され、ダッシュボードの暗号化交換ノードに統計が提供されました。インターフェース改善メニューパネルは、ユーザーにより直感的になるため、リマスタリングされました。 右側のメニューパネルは消え、左側のパネルだけが残り、右側のアイコンを開くユーザーアイコンが言語選択に変わりました。これで左側のメニューに提供されたリンクを通じて必要なすべてのものにアクセスすることができます。例えば、「設定」をクリックして、ログインおよびトランザクションの署名方法を見て変更してください。母国語でInsolarウォレットにアクセスしてみてください。MainNet 1.8は中国語、英語、インドネシア語、日本語、韓国語、ポルトガル語、ロシア語、トルコ語及びベトナム語などに翻訳されています。言語を変更するには、右上のフラグをクリックしてください。今後もInsolarの充実に努めてまいります。よろしくお願いいたします。Insolar:TelegramTwitterGithubホームページPR@insolar.io新リリース:MainNet 1.8 was originally published in Insolar on Medium, where people are continuing the conversation by highlighting and responding to this story.

3

Insolar 07.01

인솔라, MainNet 1.8 출시

인솔라는 2020 년 2 월 초에 메인넷의 첫 번째 버전을 출시했으며 그 이후로 개발 팀은 새로운 네트워크 릴리스를 출시하도록 열심히 노력하고 있었습니다.저희는 MainNet 1.8 버전 출시를 발표하게되어 기쁩니다.최신 릴리스에는 인솔라 월렛에 추가 된 8 개의 새로운 언어 외에도 인터페이스도 눈에 띄게 향상되었습니다.뿐만 아니라 인솔라 메인넷에 대한 모니터링 대시 보드가 설정되었으며 대시 보드의 암호화 교환 노드에 통계가 제공되었습니다.인터페이스 개선메뉴 패널은 사용자에게 보다 직관적으로 리마스터링되었습니다. 오른쪽 메뉴 패널은 사라지고 왼쪽 패널만 남았으며 오른쪽 아이콘을 여는 사용자 아이콘이 언어 선택으로 바뀌었습니다.이제 왼쪽 메뉴에 제공된 링크를 통해 필요한 모든 것에 액세스 할 수 있습니다.예를 들어, “설정” 클릭하여 로그인 및 트랜잭션 서명 방법을 보고 변경하십시오.모국어로 인솔라 월렛에 액세스해보십시오MainNet 1.8은 이제 중국어, 영어, 인도네시아어, 일본어, 한국어, 포르투갈어, 러시아어, 터키어 및 베트남어의 9 개 언어로 번역되어 있습니다.언어를 변경하려면 오른쪽 상단의 플래그를 클릭하고 월렛에 액세스 할 언어를 선택하십시오.직접 업데이트를 확인하고 싶으시면 인솔라 월렛으로 이동하십시오.새로운 소식을 놓치지 않기 위해 Telegram, Twitter, KakaoTalk 참조하세요^^인솔라, MainNet 1.8 출시 was originally published in Insolar on Medium, where people are continuing the conversation by highlighting and responding to this story.

3

IOST 07.01

IOST Strategic Investment in Asia’s Largest eSports Eco-industry Alliance ATTN

Blockchain + eSports | IOST Strategic Investment in Asia’s Largest eSports Eco-industry Alliance ATTNIOST has formally invested in ATTN, Asia’s largest eSports eco-industry alliance, and will work with ATTN to explore the application of blockchain technology in the field of e-sports, and jointly develop the blockchain gaming ecosystem to create high-quality blockchain games.ATTN is a digital egaming ecological platform based on blockchain technology, and the ultimate system in esports industry with numerous popular PVP games. ATTN will gradually migrate the player pool, CP pool, traffic pool, and webcasters pool on-chain, and is committed to creating a closed-loop network ecosystem with the final goal of maximizing the value of gaming & e-sports.Prior to this, ATTN had also received investment from institutions such as OK Strategic Cooperation Investment Agency K42 and Consensus Laboratory.ATTN Official website: http://www.attn.one/IOST X ATTN: Exploring the application of blockchain technology in the e-SportsAs one of the four major public chains, IOST attaches great importance to the development of online games. Unlike other public chains, IOST focuses on working with popular and credible game developer teams to create more truly playable high-quality blockchain games for the IOST ecosystem and provide a full range of professional support for its technology, media, community, and DApp operations.IOST uses a JavaScript language that is more suitable for rapid iteration of game logic and implements flexible storage and interaction of data through JSON. In addition, IOST’s developer documentation and developer tools are also very complete and easy to use. Compared with the traditional mainstream public chains that are not suitable for complex logic, IOST is more friendly to game development.ATTN, as the world’s first e-sports digital gaming platform ecosystem, has rich resources, experience & advantages in traditional game players, CP, traffic, and webcasters.For e-Sports, ATTN has a LOL ace team — EVOS ESPORTS.EVOS ESPORTS is a Vietnamese League of Legends team established in May 2017. After the establishment of the team, it recruited some former Saigon clown players, as well as two members who participated in the Brazilian MSI — top player Stark and ADC player Slay. In the 2018 VCS spring season, EVOS ESPORTS was a blockbuster and achieved first place with a record of 12–2. After that, in 2019, EVOS also showed strong dominance in the new season and met with another strong team — GAM and eventually won.For blockchain gaming development, ATTN is committed to breaking down the barriers between blockchain games and traditional games, drawing the essence from excellent traditional games, and integrating them into the design of blockchain games to introduce more features and better playability to blockchain gaming. The main goals are to include the rich gameplay of traditional games to the blockchain games, improve the gaming system, lower user experience threshold, and the rapid spread of blockchain games, enhancing the economic advantages of tokens. At the same time, relying on its rich traditional resource advantages, ATTN will bring more fresh ideas to the blockchain gaming ecosystem.IOST made a strategic investment in ATTN and will jointly explore the development of blockchain applications in the field of e-Sports. In the future, ATTN will fully support the development of IOST blockchain games, and work with IOST to create a leading blockchain gaming ecosystem.Join The IOST Community!IOST’s Node Program is widely praised as the globally leading staking program by numerous blockchain research institutions with attractive returns, low risk, and ease of use are some of the key program highlights. To learn more and participate in one of the world’s top staking program, please visit:https://www.iostabc.com/producersIf you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:International English Telegram Group: https://t.me/officialiosIOST Announcement Channel: https://t.me/iost_announcementsIOST Official Twitter: https://twitter.com/IOST_OfficialIOST CTO Terry Wang Twitter: https://twitter.com/terrence_iostIOST CEO Jimmy Zhong Twitter: https://twitter.com/jimmyzhong_iostSlack Developer Community: https://invite.iost.ioUptrennd: https://www.uptrennd.com/iostReddit: https://www.reddit.com/r/IOStokenFacebook Page: https://www.facebook.com/IOSTofficial/Facebook Group: http://bit.ly/IOST-FB-Group…………………………………………………….IOST Strategic Investment in Asia’s Largest eSports Eco-industry Alliance ATTN was originally published in IOST on Medium, where people are continuing the conversation by highlighting and responding to this story.

17

KuCoin Shares 07.01

KuCoin AMA Series - Terra (LUNA)- Full Transcript

Dear KuCoin Users,Time: 30, June, 2020, 19:00–20:00 (UTC+8)KuCoin hosted an AMA (Ask-Me-Anything) session with Terra in the KuCoin Exchange Telegram Group.Guest:Daniel Hwang, head of ecosystem development, manages ecosystem verticals of third-party development, validators, community, and research through operational support across internal and external stakeholdersIntroduction to Terra:Terra is a blockchain protocol that supports stable programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged, seigniorage share style stablecoins which are algorithmically stabilized by its native crypto asset, LUNA.One part of Terra’s value contributions, payments, in essence replaces the complicated payment value chain, including credit card networks, banks, and payment gateways with a single blockchain layer. With the efficiencies that Terra has provided for payment channels on both the merchant and consumer sides, it continues to steadily provide infrastructural improvements and tools that are laying down the foundations for a credibly neutral, distributed, and radically transparent ecosystem. Bolstered through the initial mass adoption of Terra’s blockchain infrastructure that is powering its partner, CHAI, which has amassed over 1.4 million users to date, Terra is moving naturally towards ecosystem building that offers competitive programmable payments, logistics, and infrastructure to power the plethora of industry that will be built on efficiency and scale.Terra was created in January 2018 with the singular vision of facilitating the mass adoption of cryptocurrencies by creating digitally native assets that are price-stable against the world’s major fiat currencies. Keeping in mind that previous innovations in the technology of money was bootstrapped by large payment networks (Alipay with Taobao, PayPal with eBay, Visa with banks), Terra was born with the support of the Terra Alliance, 15 large e-commerce companies in Asia that collectively process 25 billion USD in annualized transaction volume and 45 million users. The vision of the project is that with the adoption and user engagement of a massive payment network, it will be able to, for the first time, bootstrap a blockchain payment network to the scale it deserves and facilitate far more powerful products and use cases through its infrastructure.During conversations between co-founders Daniel Shin and Do Kwon, the concept of Terra began as a solution towards immediate and massive usage of the cryptocurrency and blockchain infrastructure being built around them. To them, price stability and adoption were important in preparing the first steps towards massive adoption of cryptocurrency and blockchain infrastructure. Daniel Shin, with his extensive experience in building one of the biggest e-commerce platforms in Asia, laid out the existing problems we face in payment networks that cannot be solved through just incremental improvements. Do Kwon, previously a founder of a wireless mesh network startup building decentralized applications, explained how Terra can turn those problems into an opportunity to build money from the ground up.Q&A from KuCoinQ: Please tell us about the Terra project?A: Terra is a blockchain protocol that supports stable, programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged, seigniorage share style stablecoins which are algorithmically stabilized by its native cryptoasset Luna.We currently have payment entities spanning Korea and Mongolia that collectively process about $5 billion in transaction volume run rate on an annualized basis!Q: What consensus model does Terra use?A: We use a delegated proof of stake modelQ: Is Terra a single stablecoin or a basket of stablecoins? What is Luna?A: This is a great question and a common one. Terra is actually a basket of stablecoins.We have a basket of stablecoins that are each pegged to their respective fiat currencies. For example, we have a KRT which is Terra’s stablecoin for South Korea’s KRW. We also have a UST for the US Dollar. We also have an SDT for the IMF SDR. Finally, we have the MNT, for Mongolia’s Tughrik.Luna is the stabilizing asset in the Terra network that is used to reward validators and in governance.Much of this information can be found in our block explorer, station: https://station.terra.moneyQ: How many validators does the Terra network currently have?A: We have over 50 validators in our network. You can find a list of our validators at our block explorer page here: station.terra.money. We also have a community page developed here: terra.stake.idQ: In the Terra network, where do staking rewards come from?A: Staking rewards come from: gas (compute fees), taxes, and seigniorage rewards.Q: What is the current staking return for Luna?A: You can find the staking return on our block explorer, station: station.terra.moneyIt is currently about 12% per yearQ: What is seigniorage?A: This is a question that a lot of peolple have that I can expand on. Seigniorage is essentially profit made by an currency issuer which is represented as the difference between the face value of the currency and its production costs. With digital currencies, production cost is essentially zero.In the Terra network, when demand for stablecoins increases, the system mints more Terra stablecoins and earns Luna in return. The system burns a portion of the earned Luna which makes mining power scarcer. The remaining seigniorage generated goes to the Terra Treasury to fund fiscal stimulus.There is a great paper written by Nicolas Andreoulis of our research team here on the economics of seigniorage: https://agora.terra.money/uploads/short-url/mTZ8fLvyW3pUJMYRIRIbS3iSQhd.pdfWith regards to this, for research and mechanism related content, please visit us on our Agora page here: https://agora.terra.money !Q: What makes Terra different from other stablecoin projects like Tether and MakerDAO?A: As we know, Tether is a supposedly fully backed token to a fiat peg, there are exchange stablecoins, and MakerDAO’s Dai serves as an example of an attempt at a decentralized governance model for a stablecoin.Terra’s stablecoins are all pegged to their respective fiat currencies (KRT to KRW, UST to USD, etc). Through our inflationary and deflationary mechanism design with our Luna token, we are able to keep stability algorithmically. Further, all of the Terra stablecoins are swappable with each other on-chain without the need for a counterparty.This approach of ours is to ensure the viability of stablecoins for use in a commercial setting. For example, in the setting of international payments, you can accept multiple different types of currencies and have settlement in just one currency within one block time (6 seconds).Q: Is Terra fee-based or inflation-based? What is the reasoning?A: This is a great question and one that I have covered in an article published recently with our head of research, Nick PlatiasTerra operates on a fee-based model. There are significant benefits for a fee-based model for the Terra ecosystem and network.As it has been recently disclosed. Terra ranks just 3rd behind that of Bitcoin and Ethereum in accumulated transaction fees — more than $4.3 million in fees to date with more than $800k generated in rewards for Terra validators. What is important about a fee-based model is its presentation of objective valuation vs that of an inflation-based one. From the CHAI app that uses the Terra blockchain for transaction and settlement, real external value of actual consumer to merchant purchasing is being represented on the blockchain. These real transaction fees are instrumental to real valuation as well as network security.Transaction fees represent value that is captured externally as we have with CHAI users spending at merchants. With inflation-based models, value is more difficult to base.Here is the post I mentioned: https://medium.com/terra-money/the-role-of-transaction-fees-in-network-valuation-and-security-90540c422ffQ: Please tell us about the CHAI app and its difference from other payment appsA: yep. The number now is over 1.6 million users to date now!The CHAI app is a payment application that is built using the Terra blockchainThe CHAI application makes use of the Terra blockchain for transaction and settlement. With many other payment applications, there are still existing hurdles of middle men extracting high fees and long settlement times — 5+ days. CHAI can overcome those hurdles with offering significantly lower transaction fees, incentives to users via discounts and cashback, and provide much shorter settlement times for merchants. This also in turn provides the Terra network with significant real volume.As mentioned, the CHAI app (www.chai.finance) currently has 1.6 million users and has been integrated into many of the top merchants in Korea including: Korea’s largest bookstore, top e-commerce stores, largest convenience stores, and more. Currently the integrations represent more than $25 billion in gross merchandise volume and will be growing even more in the coming year.A great place to learn more about CHAI and its metrics can be found at the chaiscan dashboard (https://www.chaiscan.com/) which one of Terra’s validators, DSRV Labs has created.Q: What is next on the roadmap for Terra?A: Terra will be announcing some exciting new developments in its product roadmap at the Unitize Conference (unitize.online (http://unitize.online/) ). Please tune in to watch our CEO, Do Kwon, present on the first day of the conference, July 6th!We’ve also announced a few weeks ago about our integration of smart contracts onto the Terra platform. So we will be stress testing it in an incentivized testnet coming mid-July and will have more details out soon!We are also on the road to our fourth mainnet update this year with a coming hackathon and our second round of grant opening, so please stay tuned for more details there!Free-AskQ:Currently, CHAI is the most used blockchain-based application in the world and Terra has more daily active users than Ethereum! What is Terra’s secret?A: A good go to market strategy with users in mind! Here is a great talk by our CEO: https://www.youtube.com/watch?v=yGGalxADnbcQ: For money to be Smart, it must be instant, zero fee transactions and private. Does LUNA meet these 3 pain points of payments?A: Great point. We can provide near instant settlement (6 second block times) opposed to the settlement times of existing traditional payment systems 5+ days and almost halved transaction fees, 0.05% to 1.3% as opposed to traditional payment processor transaction fees: 2.3–2.7%Q: Adoption is one of the most important factor that all sustainable blockchain projects should focus to be more attractive in the investors Eyes. Can you tell me what #Terra has done and plan to do to achieve Adoption in the reality, real use cases,our real society?A: We have one of the largest rates of adoption in the world! With 1.6 million users and counting!Q: Hello Dainel , will terracoin be used for shopping in the future?A: Yes, this is exactly what CHAI is being used for right nowIf you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA Series - Terra (LUNA)- Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

14

Ontology Gas 07.01

Ontology Monthly Report — June 2020

Ontology Monthly Report — June 2020June has been a very exciting month for the Ontology team, as we hit the halfway mark on what has been a successful 2020 so far. We are proud to report on the significant progress we have made on a number of key fronts.Highlights from this month include the launch of ONTO v3.0.0 and ONT ID 2.0, as well as a successful integration with Rosetta, a Coinbase-led project, and Chainlink. You can find more detailed updates below.中文繁體中文한국어日本語русскийEspañolසිංහලTürkslovenskýMainNet Optimization- Ontology v2.0.0 is now running on the TestNet- Decentralized governance transition complete- Token model code upgrade completeONTO v2.9.2- New ONT address monitoring feature is now available - UI optimization integrated- New upgrades carried out in the Japanese version of ONTO, including user experience optimizationONTO v3.0.0 - Improved data “Claims” feature- New FBG financial product accessible from the app- Now supports SAGA KYC verification and QR code scanning- ERC-20 tokens now supported in The Red Packet- ONTO user feedback integrated- ONT ID 2.0 update now live- Now available in Spanish- ONT/ONG swap feature- UI optimization feature now availableExplorer- v2.3.1 launcheddApp- 62 dApps launched in total on MainNet- 5,420,825 dApp transactions completed in total on MainNetCommunity Growth- Telegram: We welcomed 1,511 new members across Ontology’s Bengali, Vietnamese, Hindi, Philippine, Spanish and Sinhala communities- New Ontology communities were also established in Portugal, France, Sweden, South Africa and CameroonBounty Program- Seeking Python SDK developers from the community- 502 applications, 5 new additions- 38 tasks, 50 teams, with 19 teams working on tasks- 31 teams have finished their tasks and have received rewards in returnNewly Released- We have seen significant growth in Ontology’s ecosystem investments: DAD (+183%), MovieBloc (+69%), VID (+1163%), and bloXroute (STO complete). We expect Ontology’s ecosystem to continue to experience exponential growth in the global market in 2020.- Details of ONT 2.0 have been revealed: Layer 2 enabled, accessible, and business ready. - New version of ONT ID 2.0 has been released: New features include a unified account system and single sign-on services to manage and verify credentials, such as academic credits and graduation certificates, across multiple platforms.- Ontology announced native integration with Chainlink, opening up bespoke use cases pertaining to data management. The move brings Chainlink oracle support to Ontology, increasing scalability, decentralization, and collaboration.- Ontology announced an integration with Rosetta, a Coinbase-led open-source project. Ontology’s knowledge, unique engineering experience, and technical expertise will be leveraged to help make protocol integration processes easier. - We also announced a new collaboration with Kaiyun Delivery, a comprehensive logistics service provider focusing on urban transportation and terminal-end deliveries.- Finally, we initiated new exciting new partnerships with leaders in the blockchain gaming industry, My Crypto Heroes and Brave Frontier Heroes.Event- As we get ready to mark two years since the launch of Ontology’s MainNet, we will host a special two year anniversary AMA, where Jun LI, Founder of Ontology, will answer questions from the Ontology Global Community on Ontology 2.0 and our future plans. Meanwhile, we are excited to announce our plan to team up with Binance to bring the community some fantastic rewards. - Li Jun, Founder of Ontology, spoke at Mainnet 2020 hosted by Messari, where he discussed future plans and development processes for Ontology 2.0. He was also invited to speak on the Block 101×TokenClub Live Series 26 Broadcast. - ONT has been listed on two leading European crypto exchanges, Bitpanda and eToroX, extending the reach of ONT to new users across Europe, and providing users with more choice. - The Ontology Telegram group had a great discussion surrounding the Everything About Futures AMA. Andy JI, Co-Founder of Ontology, and Justin Cheng, Director of Binance Derivatives, answered questions in order to help users to better understand functionalities such as the purchasing and redeeming of assets. Additionally, Andy JI explained Ontology’s long-standing relationship with Binance and how the platforms have been working together to further expand the global blockchain ecosystem. Recruitment- Solution Architect- Business Sales- Global Development Manager- Global Marketing Manager- Social Media AssociateNew Team Member- 1 Associate Sales- 1 EG Intern- 1 Senior Associate, Product AssociateContact Us- Contact us: contact@ont.io- Apply now: careers@ont.ioFind Ontology elsewhereOntology website / ONTO website / OWallet (GitHub)Twitter / Reddit / Facebook / LinkedIn / YouTube / NaverBlog / ForklogTelegram Announcement / Telegram English / GitHub / DiscordOntology Monthly Report — June 2020 was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.

3

Ontology 07.01

Ontology Monthly Report — June 2020

Ontology Monthly Report — June 2020June has been a very exciting month for the Ontology team, as we hit the halfway mark on what has been a successful 2020 so far. We are proud to report on the significant progress we have made on a number of key fronts.Highlights from this month include the launch of ONTO v3.0.0 and ONT ID 2.0, as well as a successful integration with Rosetta, a Coinbase-led project, and Chainlink. You can find more detailed updates below.中文繁體中文한국어日本語русскийEspañolසිංහලTürkslovenskýTagalogRomânăMainNet Optimization- Ontology v2.0.0 is now running on the TestNet- Decentralized governance transition complete- Token model code upgrade completeONTO v2.9.2- New ONT address monitoring feature is now available - UI optimization integrated- New upgrades carried out in the Japanese version of ONTO, including user experience optimizationONTO v3.0.0 - Improved data “Claims” feature- New FBG financial product accessible from the app- Now supports SAGA KYC verification and QR code scanning- ERC-20 tokens now supported in The Red Packet- ONTO user feedback integrated- ONT ID 2.0 update now live- Now available in Spanish- ONT/ONG swap feature- UI optimization feature now availableExplorer- v2.3.1 launcheddApp- 62 dApps launched in total on MainNet- 5,420,825 dApp transactions completed in total on MainNetCommunity Growth- Telegram: We welcomed 1,511 new members across Ontology’s Bengali, Vietnamese, Hindi, Philippine, Spanish and Sinhala communities- New Ontology communities were also established in Portugal, France, Sweden, South Africa and CameroonBounty Program- Seeking Python SDK developers from the community- 502 applications, 5 new additions- 38 tasks, 50 teams, with 19 teams working on tasks- 31 teams have finished their tasks and have received rewards in returnNewly Released- We have seen significant growth in Ontology’s ecosystem investments: DAD (+183%), MovieBloc (+69%), VID (+1163%), and bloXroute (STO complete). We expect Ontology’s ecosystem to continue to experience exponential growth in the global market in 2020.- Details of ONT 2.0 have been revealed: Layer 2 enabled, accessible, and business ready. - New version of ONT ID 2.0 has been released: New features include a unified account system and single sign-on services to manage and verify credentials, such as academic credits and graduation certificates, across multiple platforms.- Ontology announced native integration with Chainlink, opening up bespoke use cases pertaining to data management. The move brings Chainlink oracle support to Ontology, increasing scalability, decentralization, and collaboration.- Ontology announced an integration with Rosetta, a Coinbase-led open-source project. Ontology’s knowledge, unique engineering experience, and technical expertise will be leveraged to help make protocol integration processes easier. - We also announced a new collaboration with Kaiyun Delivery, a comprehensive logistics service provider focusing on urban transportation and terminal-end deliveries.- Finally, we initiated new exciting new partnerships with leaders in the blockchain gaming industry, My Crypto Heroes and Brave Frontier Heroes.Event- As we get ready to mark two years since the launch of Ontology’s MainNet, we will host a special two year anniversary AMA, where Jun LI, Founder of Ontology, will answer questions from the Ontology Global Community on Ontology 2.0 and our future plans. Meanwhile, we are excited to announce our plan to team up with Binance to bring the community some fantastic rewards. - Li Jun, Founder of Ontology, spoke at Mainnet 2020 hosted by Messari, where he discussed future plans and development processes for Ontology 2.0. He was also invited to speak on the Block 101×TokenClub Live Series 26 Broadcast. - ONT has been listed on two leading European crypto exchanges, Bitpanda and eToroX, extending the reach of ONT to new users across Europe, and providing users with more choice. - The Ontology Telegram group had a great discussion surrounding the Everything About Futures AMA. Andy JI, Co-Founder of Ontology, and Justin Cheng, Director of Binance Derivatives, answered questions in order to help users to better understand functionalities such as the purchasing and redeeming of assets. Additionally, Andy JI explained Ontology’s long-standing relationship with Binance and how the platforms have been working together to further expand the global blockchain ecosystem. Recruitment- Solution Architect- Business Sales- Global Development Manager- Global Marketing Manager- Social Media AssociateNew Team Member- 1 Associate Sales- 1 EG Intern- 1 Senior Associate, Product AssociateContact Us- Contact us: contact@ont.io- Apply now: careers@ont.ioFind Ontology elsewhereOntology website / ONTO website / OWallet (GitHub)Twitter / Reddit / Facebook / LinkedIn / YouTube / NaverBlog / ForklogTelegram Announcement / Telegram English / GitHub / DiscordOntology Monthly Report — June 2020 was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.

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