1.8 Update, EOSIO, Effect.AI, HireVibes, Bithumb voting, Specification Repository, GeneOS, Sense Chat, TokenPocket, Lynx Desktop 2.0, LiquidApps, Coinbase Earn, Video & Audio Hot Sauce.
1.8 Update on the EOS Public Network
In the last few weeks, the Block Producers of the EOS public network came together to work on a realistic timeline to update all the nodes of the network, which also includes those that are not producing blocks.
The EOSIO 1.8 update is the first “hardfork” in the history of the EOS public network and nodes ran by dApps are also required to be updated.
As we know from decentralized networks, communication is key and some time is needed to assure that every participant is informed about the upcoming events.
To understand the update process and the underlying reasons for the non-contentious hardfork, the Block Producer Community released an article (English, Chinese, Korean) which you can find here. In the article you will also find a survey which should be filled out by any node operator on the network. Collecting this information will make it much easier to coordinate the necessary steps and ensure a smooth transition.
EOSIO 1.8 will introduce the fundamental changes that will allow Block.one to release their flagship product VOICE to the EOS public network. This is a highly anticipated event since the product was announced on June 1st, 2019 in Washington D.C.
On an open call on Tuesday the 9th of July, the community of node operators came together to discuss the update process, ask and answer questions, define responsibilities and set milestones on the way to EOSIO 1.8.
As a result, a poll was submitted to set the common goal of the whole network to be ready to execute the update on September 23rd at 13:00 UTC. At the time of writing, 12 Block Producers and 29 Standbys have signaled to be ready to update at that time.
Note: This update is a prerequisite for Voice however, it is unlikely that Voice will launch on this date.
The poll can be found on EOS Authority’s website and the list Block Producer that have signed can be found on EOS Titan’s visual heatmap tool.
Please take a look and spread the word, we need all hands on deck for this one!
Successful Launches of Major dApps on the EOS Public Network
As we mentioned in previous EOS Hot Sauce publications, development of more complex smart contracts and dApps takes time and patience. Many teams are working hard to bring amazing products to market addressing real-world problems. We are very excited to see two of these projects finally launching on the EOS public network this week! Congratulations to HireVibes and Effect.AI for the successful launches!
Many teams, such as Effect.AI and HireVibes, reach out to us when building their dApp as they explore the possibility of leveraging the DAPP Network as a 2nd layer solution for some of their specific needs.
If your team is curious about how the DAPP Network could help scale your dApp on the EOS public network, please reach out to us on our socials or at info@eosnation.io and let’s have a chat!
HireVibes Alpha
Being in development since before the EOS public network launched in June 2018, HireVibes has been a staple of the community from the very start. In April 2019, EOS Nation partnered with HireVibes to support each others’ efforts in community building and EOSIO education. We are excited to announce that the HireVibes Alpha is now LIVE on the EOS public network!
People from all around the world can apply and refer to job openings with exciting companies located in 11 major cities across 7 different countries spread over 4 continents. HireVibes allows users to earn their own recruiting fee and donation rewards through the hiring process.
This release comes with a lot of bells and whistles and is far from just deploying the software. To fully understand the vision and strategy of the team we encourage you to read their article that was published on the day HireVibes Alpha went live. It touches on topics such as their onboarding strategy, fiat payment options, staking rewards, the upcoming HireVibes DAC and more!
One thing we do want to highlight HireVibes’ charitable commitment: 16% of each hiring fee will be distributed to Humane Love, a well known EOS based charitable initiative that was founded by Samuel Joseph, one of our most dedicated EOS Nation Ambassadors!
If you are looking for jobs or looking to hire, make sure to check out HireVibes!
Effect Force
Effect.AI is one of those projects that migrated to the EOS public network after realizing their prior blockchain network of choice (NEO) could not deliver the performance they were looking for. With the launch of their first product, Effect Force, organizations can use this global human workforce to structure and enrich vast amounts of data from users who are rewarded by earning EFX tokens when completing small tasks.
Effect Force is the first decentralized microtasking platform for AI development and the team is confident that they can deliver more results more efficiently than competitors such as Amazon’s MTurks by leveraging the benefits that the EOS public network offers. Part of the team’s mission here is to bring jobs to places that are economically challenged and for that, they are cooperating with the UN in Georgia as well as working with the governments of Australia and New Zealand.
Effect.AI is well known in the community and they celebrated the launch of their phase one product with a one hour+ live stream on the Everything EOS podcast! If you prefer shorter videos, we recommend this recent interview with CEO Chris Dawe and popular EOS YouTuber MaxDapp.
Bithumb Votes and BP Ranking Video
The DPOS Consensus model allows EOSIO blockchains to overcome many limitations found in POW chains, allowing scalable decentralized applications to exist on the network.
What secures this network is not an arms race of hardware components but rather the participation and commitment of token holders that stake their investment in order to vote for Block Producers. The BP rankings are subject to constant changes, as can been seen in this great video from EOS Authority that illustrates the constant BP ranking changes. Pay attention to what happens in November 2018!
It’s always good to see more tokens voting since this is essential for the security of the chain. On this topic, we were happy to notice that Bithumb, an exchange currently holding ~54 million EOS tokens, started to participate in the voting process. Bithumb is looking to distribute their voting power by delegating it to several trusted proxies and we saw the first 5 million votes proxied to the Brock Pierce Proxy. This proxy includes EOS Nation so we want to say a big thank you to Brock Pierce, Bithumb and the wider Korean community for all the support they have shown us since the launch of the network. We appreciate it greatly!
Are you part of the Korean EOS Community? Follow us on Koreos or at EosKorean on Twitter to get our daily curated news posts in your preferred language!
Builders on EOSIO
The development of EOSIO is impressive and what Block.one is releasing goes in tandem with all the developments in the community. Just recently they published an article introducing a dedicated repository in GitHub through which they can more closely collaborate with the developer community.
As Block.One explains it:
“The release of the EOSIO Specification Repository is an opportunity for everyone to review, comment, and build upon the ideas for which we’ve laid the foundation.”
Besides onboarding and educating new developer talents, Block.one also rewards more advanced developers by shining their spotlight on them and their team.
Most recently this privilege was given to a company called 28.G, a company that “combines personal wellness insights with the potential of individuals being able to share in the value from their genetic data”. You might have heard GeneOS, as they were the winners of the EOS Global Hackathon Series Grand Finale. It’s an exciting project based on the G.E.M. protocol, which stands for the Genome Equity Model, that brings the terms owning your data to a whole new level. As always, we encourage you to dive deeper and read more about it in this EOSIO spotlight article.
Another project that was recently featured in a Block.one spotlight article was Sense.chat, which we have mentioned several times in previous Hot Sauces. In the article, CEO Crystal Rose Pierce shares the Sense.Chat vision, their plans for the future, and why building on EOSIO makes Sense.
Installing Sense allows you to chat on-chain in a fully encrypted way and their recently added channel “#bounties” offers opportunities to increase your Sense token balance by doing some simple tasks.
This weeks final Block.one update actually comes from EOS Lao Mao as they recently built out a full version of the Block.one Authenticator code and submitted it to the App Store. It’s important to understand that Block.one released their wallet code to the public so that all existing wallets can benefit from their research and development. We think this was a great decision by Block.one and it’s a great example of the unique value that can be created inside an open-source, decentralized, permissionless, public blockchain like the EOS public network.
Speaking of wallets…
TokenPocket’s MiniWallet
The wallets for EOSIO based chains are much more than just an interface to manage your funds: they also act as a gateway to the entire EOSIO-based economy. Their universal login is tremendously helpful for dApp interaction and they are simplifying processes like staking tokens, voting, and network resource management. These wallets protect your keys while making it easy for you to organize all the data that is attached to your blockchain identity in a single, convenient location.
Whitelisting certain trusted transactions can really increase the speed at which you interact with EOSIO networks. TokenPocket users will be happy to learn that this feature has been implemented in the recent TokenPocket update, further improving the user experience of dApps. This new feature, called MiniWallet, allows users to customize permissions for each action within each dApp. To help developers integrate this feature, they also released an SDK.
TokenPocket is very active in the EOSIO Community and has partnered with various EOS projects and is home to many chains. Their mission to improve the general user experience of dApps and to connect different chains in one wallet should be welcomed by the whole industry.
This mission was further manifested in their recent partnership with dapp.com.
For those interested in the Token Pocket Token (TPT), the TokenPocket Foundation has used 25% of their revenue from June to repurchase and burn 3.18M TPT at the cost of 1858 EOS.
EOS Lynx Desktop 2.0
EOS Lynx is another very popular wallet among the EOSIO community that drew a lot of praise for bringing a high level of user-friendliness to a desktop wallet. With the recent release of Lynx Desktop 2.0, Lynx promises a “lean back and click” experience, inspired by the Apple App Store and the Netflix Responsive Interface. Also, the token management features of the Lynx mobile clients have now been fully implemented and all the dApps supported on mobile are now also available on your desktop!
Easy, Free and Forever
The LiquidApps community is growing and so is the development activity. This week the team released an example for an “immortal dApp” that lives up to their motto of “Easy, Free and Forever”. Elemental Battles, originally released by Block.one, has been reworked to showcase all the benefits of the DAPP Network in one product.
In short, those advantages are:
– no keys to enter, no wallets to open, no transactions to sign
– no managing resources, no paying for accounts, no losing keys
– smooth on-boarding process
– cheap to run
– immortal frontend hosting
Another article released by LiquidApps discusses social media and how a decentralized version of it could be leveraging the DAPP Network. It’s an interesting thought piece, that we are happy to share here for you to dive deeper into this pressing issue.
The DAPP Network was also the main topic of this week’s EOS Radio Show and featured representatives from top Dapp Service Providers (DSPs) such as EOS Nation, EOS Cafe Block, EOSphere along with our favorite hosts Ashe Oro and Zane Whitaker.
Coinbase Wants to Give You More Money
We recently alerted our community to the great opportunity to make some money while learning about EOS and we have some great news! Coinbase Earn is increasing its rewards from 10 USD to 50 USD for those that have not yet claimed the reward! How crazy is that? EOS Nation recently released a video tutorial showing you how to participate in this educational initiative.
Give it a try, accumulating EOS doesn’t get easier than this.
EOS Hot Sauce: Now in Audio and Video Format!
At EOS Nation we are always looking for ways to better serve our community and that is why we have started publishing the EOS Hot Sauce on YouTube and on SoundCloud! Whatever format you prefer, from text, video or audio, EOS Nation has you covered! You can expect the video and audio versions released a few days after the written Hot Sauce.
Thank you for reading the EOS Nation EOS Hot Sauce!
Check out last weeks’ edition of the EOS Hot Sauce: Text, Video, Audio.
EOS Nation is a top Block Producer on the EOS Mainnet. Let’s connect:
Website | Telegram | Twitter | Facebook | TRYBE | Bihu 币乎 | WeChat
Help us continue to add value to the EOS ecosystem. Vote eosnationftw for BP
Disclaimer: The information provided above does not constitute investment advice, financial advice, trading advice, or any other type of advice whatsoever, and the information on our website should not be trusted as such. We present this information to you as general market commentary. The information does not constitute investment advice or any professional financial advice of any sort whatsoever. We do not advise or recommend that you buy, sell, or hold any cryptocurrency, digital token, ICO, or digital asset whatsoever. We advise users to conduct their own due diligence and consult with a qualified financial advisor before buying, selling, or holding any type of digital asset or cryptocurrency. We will not be held responsible for any investment decisions made based on the information provided on the website.