HomeCoinsCosmos (ATOM)PHASE 2 Update. Game of Chains ✨ | by Jelena Djurić |...

PHASE 2 Update. Game of Chains ✨ | by Jelena Djurić | Nov, 2022

- Advertisement -


Game of Chains ✨

Phase 2 officially ended on November 25, 2022! We hit a number of important milestones we are so excited to share! Buckle up:

Game of Chains validators launched three new consumer chains, giving them a feel for the governance process and the DevOps that will be required to launch real consumer chains in production. These 3 consumer chains include:

Gopher — This is a consumer chain built by Hypha to help test the Go relayer with Interchain Security.

Neutron — This consumer chain will run in production come Interchain Security launch! They’ve been building their permissionless smart contract development platform for the past few months. Check out their announcement on launching Game of Chains here!

Hero — This is the placeholder name for the Generic Asset Issuance Chain which is set to issue USDC come Interchain Security launch. Big shoutout to the StrangeLove team for developing Hero and putting in the work to get the Generic Asset Issuance chain to launch!

Throughout this process, validators voted on proposals, started up the consumer chains, set up relayers, and worked to ensure that their nodes were adequately configured to minimize downtime. Validators also ran through the motions of removing Apollo through a governance proposal, which was started in Phase 1.

Validators and the broader Cosmos community have been actively participating in public discussions on Interchain Security including thoughts on ICS risks, validator operational overhead, auditing binaries, the role of testnets in ICS, and more! Check out this great Q&A discussion hosted by Citizen Cosmos here.

We are already in the beginning stages of Phase 3 where validators will continue to run consumer chains and go through the process of starting and stopping consumer chains. Hypha has redistributed voting power so that the testnet coordinators no longer have majority control of the network. This will force validators to play a more active role in governance and keep everyone on their toes to ensure that the testnet keeps running!

In this phase, we are asking validators to propose new chains and vote on them. Those following along can keep track of which chains have been proposed here. We already have Duality about to be onboarded as their governance proposal went live late Friday evening!

Shoutout to Dan B from Strangelove for the meme! 😁

We are keeping score of where validators are in the leaderboard on interchainsecurity.dev. Thank you to everyone who has submitted evidence of their task completion. If you haven’t please make sure to do so to be eligible for a prize! Please note that tallying takes time and we’re trying to update the leaderboard once a week so the leaderboard won’t always have a full picture of validators standing in Game of Chains.

MASSIVE thank you to everyone for participating in Phase 2. Looking forward to seeing the validators become more self-sufficient in Phase 3and all of the new chains that will be proposed!





Read the original article here

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 23,314.25
ethereum
Ethereum (ETH) $ 1,653.46
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 136.71
litecoin
Litecoin (LTC) $ 98.54
eos
EOS (EOS) $ 1.10
okb
OKB (OKB) $ 41.16
tezos
Tezos (XTZ) $ 1.15
leo-token
LEO Token (LEO) $ 3.45
cardano
Cardano (ADA) $ 0.399763
monero
Monero (XMR) $ 173.04
stellar
Stellar (XLM) $ 0.09277
chainlink
Chainlink (LINK) $ 7.20
huobi-token
Huobi (HT) $ 5.63
tron
TRON (TRX) $ 0.063463
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 61.69
neo
NEO (NEO) $ 8.86
iota
IOTA (MIOTA) $ 0.241862
nem
NEM (XEM) $ 0.040242
zcash
Zcash (ZEC) $ 46.36
maker
Maker (MKR) $ 703.07
paxos-standard
Pax Dollar (USDP) $ 0.994393
ethereum-classic
Ethereum Classic (ETC) $ 23.28
vechain
VeChain (VET) $ 0.024632
true-usd
TrueUSD (TUSD) $ 1.00
kucoin-shares
KuCoin (KCS) $ 8.73
waves
Waves (WAVES) $ 2.87