Stakin Bi-Weekly Newsletter Vol. 22


Mar 06, 2021

3 min read

Stakin Bi-Weekly Newsletter Vol. 22

Hey Readers,

In this week’s bi-weekly newsletter, we’re bringing to you:

  • ICON Network Development Roadmap Update
  • ICON CPS Launched
  • StaFi FIS Listed On Binance!
  • Upcoming Juno Network — Stakin To Become Validator
  • Cardano ADA Blockchain Hard Fork Implementation
  • Mina Protocol Almost Ready For Launch
  • Stakin Finance …. Are You Ready?!
  • Iris 1.0 Kuafu Upgrade

ICON Network Development Roadmap Update

After an eventful February 2021, ICON released its plans for the upcoming month. Their highlights include Rosetta Implementation, Hotfix, and Testnet launch. So, let’s have a quick look at these different implementations that will be made to the ICON Network.

The Rosetta API implementation is an open standard designed to simplify blockchain deployment and interaction. You can find all the specific details for the ICON API here.

Next, ICON plans to release a hotfix to fix issues with block syncing. The fix will include: improving the connection protocol between icon-service and reward calculator module, solving the problem that iconservice was terminated when a query request came during node booting, and added log measuring execution time of SCORE call.

Additionally, the ICON Network plans to improve the Yeouido Testnet and launch a completely new Testnet.

ICON CPS Launched

This past week, ICON and the iBriz-ICONOsphere P-Rep team announced the release of the Contribution Proposal System. The Contribution Proposal System (CPS) is a governance and funding mechanism developed to support contributions to the ecosystem. The CPS should enable any ICONist to apply for funding within the network, and the Main P-Reps will decide to grant this funding. For a full article on CPS, click here. To visit the CPS website, check out this link.

StaFi FIS listed on Binance!

Some excellent news for the StaFi Network, Binance has listed StaFi (FIS) in the Innovation Zone withFIS/BTC, FIS/BUSD, and FIS/USDT as initial trading pairs.

If you’d like to know more about the StaFi network, click here.

Upcoming Juno Network — Stakin To Become Validator

We’re excited to announce that we will become a validator on the upcoming Juno Network! The interoperable smart contract network for the Cosmos Hub will be launched soon.

Cardano ADA Blockchain Hard Fork Implementation

On the 3rd of March, 2021, The Cardano (ADA) blockchain became a multi-asset chain with its hard fork called “Mary”. The hard fork allows users to create new tokens that run on Cardano natively, just as ADA does. Enabling new tokens is one of the first significant use cases that caught on for Ethereum, why Cardono chose for this fork. Additionally, the network is on track to become fully decentralized by the end of March.

Mina Protocol Almost Ready For Launch!

In other excellent network news, the Mina Protocol is scheduled to launch its mainnet release candidate (RC) on March 16th, 2021. If everything goes as planned, the RC will graduate and become Mina’s mainnet. The network has asked all block producers, snark workers, and node operators to be ready on this date to launch the network. If the RC successfully graduates into the mainnet, all block rewards, SNARK fees, account balances, transactions, etc., that happened on the RC will be part of the mainnet. Learn more about the release here.

Stakin Finance … Are You Ready?

We’re happy to announce that Stakin Finance is almost here. Have you signed up for the waitlist yet?! If not, check it out here. You can also follow Stakin Finance on Twitter to stay on track with our updates about Stakin Finance.

Iris 1.0 Kuafu Upgrade

The IRISnet Mainnet 1.0 successfully upgraded with KUAFU stage Live and established IBC Connection with Cosmos Hub. On February 25th, 2021, IRISnet announced their successful upgrade saying that after the upgrade, through the IBC protocol, IRISnet will be the second network with interoperability after Cosmos Hub in the whole Cosmos ecosystem, ushering in the KUAFU stage in the whitepaper.

  • Read all about the specific details here.

DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.


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