This week's spicy topics:
- Block.one strategic vision
- LiquidApps expands to Ethereum
- BOScore innovations
- Everything EOS Proxy
- PredIQt and Veles prediction markets
- PARSL’s big week
- DAC Factory for everyone
- KARMA’s new look
- BOID season 2 underway
- TokenYield becomes one-stop-shop for dividends
- HireVibes goes Alpha
- EOS Hot Sauce spicy meme review
Sauce in every format:
Block.one EOSIO Strategic Vision
In the second part of their strategic vision series, Block.one introduced several initiatives and tools they are developing or already offering in order to nurture a vivid EOSIO developer community:
- Graphical User Interfaces
- Tools to make it easier to launch nodeos, access block explorers for transaction and block inspection as well as other general development uses
- EOSIO SDKs for Java and Swift
- Java and Swift libraries to generate applications in native Android or iOS platforms, providing faster response time, and more finely tuned interfaces on the user end.
- Advancing the Universal Authenticator Library
- A simple, unified approach to provide a single integration and associated front end components for developers of applications.
- Debugging Smart Contracts
- Tools that let developers add breakpoints to their smart contract code so that functions can be reviewed in a step-through process during state exploration and auditing.
- The EOSIO Testnet
- A testing infrastructure that is integrated with Block.one’s developer documentation
- Scalable Documentation Platform
- A developer portal to provide a more seamless experience in sync with the scale of the EOSIO software codebase and additional multi language support to integrate developers from the non-english speaking community.
- High Resolution State Tracking
- Offering developers greater flexibility with the implementation of data aggregator tools
- Enhanced Smart Contract Functionality
- Improving interactions between smart contracts by enabling smart contracts to use a read-only layer to which other smart contracts can refer so each can update their data structures without any errors.
Block.one invites the EOSIO developer community to engage in the set up of the Specification Repository and/or send an email to their developer relations team at developers@block.one.
Furthermore, in order to foster the next generation of developers, Block.one invited the TechGirls to their offices in Blacksburg for a day of shadowing and inspiring!
LiquidLink — DAPP Network is ready to scale ETH
When Beni Hakak, CEO of LiquidApps, asked Twitter on July 18th which blockchain should be connected to EOS through the DAPP Network, it was obvious that the team was cooking something up!
Who could have guessed that LiquidApps would deliver a working solution so soon? Well, if you have followed the team in the last few months you would have seen how fast they are pushing innovation on EOSIO forward and you could have maybe anticipated a timely delivery of this project.
However, when LiquidLink was not only announced but also showcased in a video on Twitter, it had an immediate impact even beyond the EOSIO community.
LiquidLink is the first decentralized solution for inter-blockchain communication and will be a part of the ZeusSDK allowing developers to easily implement this feature.
While LiquidLink will first act as a bridge between the EOS and the Ethereum blockchain, the name suggests that this solution has the potential to connect the EOS public network to a multitude of blockchains further down the road.
As Beni suggested in a recent article, blockchain interoperability could help bring different communities together. We hope to see less crypto tribalism as different networks benefit from each other’s best features.
LiquidLink is built on exactly that spirit, as it effectively means that dApps built on ETH can utilize the instant and fee less transactions of EOS, but still keep their smart contract on the ETH base layer.
Currently LiquidLink is still labeled as a work-in-progress service and interested developers are encouraged to check documentation on their website or on Github and give feedback or ask further questions in their Telegram channel.
If you are still struggling to grasp what LiquidApps, DSPs and the DAPP Network is all about, we recommend listening to this interview of Beni Hakak on the EOS Voter Podcast. The 50 minute episode gives a very good introduction to the DAPP Network and how it all came together while explaining the high level vision behind the project.
Remember to visit the EOS Nation DSP Portal for all your DAPP Network service needs!
BOScore innovations
A year after the launch of the EOS public network there have also been a couple of networks launched successfully by utilizing the EOSIO open source software. The BOS network keeps making news with their updates as they upgrade not only to their own network but potentially all EOSIO networks.
Since its inception in December 2018, BOSCore has already brought a couple of impressive innovations to the EOSIO Ecosystem namely their inter-blockchain communication solution and the successful Worker Proposal System.
The 3 sec LIB (Last Irreversible Block) and the underlying Batch PBFT Consensus model is yet another big improvement as it drastically decreases time to finality, a feature that is much needed for many business use-cases, such as e-payment systems.
After being successfully deployed on a testnet, BOSCore nodes are upgrading to BOSCore Version 3.0.1 and a consensus fork activation is expected to occur around Tuesday 6 Aug at precisely block height 34,721,558.
Prior to activation, the BOSCore community will get on a call at 13:00 (UTC) 6 Aug 2019 and as always, support can be requested anytime in the BOSCore mainnet Telegram channel.
After the new consensus model is implemented, the speed of transaction verification on BOS is going to be 50 times faster than on the EOS public network and 1200 times faster compared to Bitcoin. It’s also possible that one day we will see this feature implemented on the EOS public network.
The BOS developer community is made of an international group of EOSIO experts from all around the world. If you haven’t yet, we encourage you to look a little deeper into BOS by following their regular updates, reading this detailed introduction or getting to know some of the representatives and developers in the most recent EOS Radio Show.
Congratulations to the BOSCore developers for their success and for staying true to their slogan: ‘Born for DApps, Born for Usability.’
Everything EOS Proxy
On July 26th, Zack and Rob from Everything EOS announced the launch of the EverythingEOS Proxy on the EOS public network and it was fun to see the first votes coming in live during the show. The first 20 slots of their proxy were already chosen by aggregating data of 9 other popular proxies and we’re very happy and grateful that EOS Nation was part of the first 20 BPs added to the proxy. Thank you Everything EOS, we appreciate your support! 🙏
In the coming weeks the additional 10 slots will be filled and as the team plans to get more involved in the discussions around governance, we can expect to witness a transparent decision making process documented in their popular show on YouTube.
Learn more about their voting philosophy here and if you’re a fan, proxy your votes to them!
PredIQt and Veles prediction markets
PredIQt is a decentralized prediction market brought to us by the Everipedia team and the 2nd product to utilize the IQ token.
The team released their MVP just a few days ago on the Kylin testnet and invited the community to join their beta test. In this article you’ll find clear instructions on how to create a testnet account and generate tokens to join the beta testing.
From what we can see, making predictions will be a fun and easy experience for the user while interacting with a very clean interface. For now, there are only a few markets to select but the team has already confirmed that they’ll be adding more markets throughout the testing phase.
In the future, users will not only be able to bet on outcomes but also be able to create their own prediction markets while choosing the oracle which provides the needed real world data such as political elections, sports matches, asset prices, etc.
Oracles are an essential part of any prediction market and you can learn more about them in this PredIQt article.
Besides the launch of the PredIQt MVP, the Everipedia team also announced that they hired Daniel Liebeskind as their new Chief of Product Officer. Daniel is known by many in the community for his work on the Chestnut project and has also been involved a variety of succesful projects that you can read about on his Everipedia page.
The market is clearly excited about a fast and fee-less decentralized prediction markets as another team has recently announced their own platform. Veles announced themselves as the first price prediction dApp on the EOS public network and are currently offering price prediction of cryptoassets using Binance as their single source of data. According to the project’s release article, Veles plans to add more opportunities to create markets later on.
Parsl's big week
CEO Dr. Isaac Baldwin and his team at PARSL have been working hard on their supply chain project and we were pleased to see some activity this week in the form of a fascinating article and some positive price action for the SEED token.
Through their deep analysis of the legal cannabis industry, the team uncovered a few omnipresent problems that Marijuana Related Businesses (MRBs) are facing. The biggest problem is that MRBs operating in the legal cannabis industry have serious problems getting proper banking services which leads to two-thirds of MRBs being unbanked. This forces them to conduct all of their business in cash, even going as far as hiring armored trucks to deliver and pay their taxes.
Fortunately, Parsl provides a solution for these businesses through their recently announced POD stable coin, allowing the industry to operate cashlessly while also easing the concerns of banks over compliance issues.
Introducing innovative solutions to ease the growing pains of this still young industry is a great strategy to develop a strong foothold and secure many partnerships.
For that matter, the Parsl team just got a little bigger with the hiring of Mark Crandell as their President of North America. Mark has an impressive track record of 25 years of experience and has already been integral in a couple of key North American developments for PARSL!
DAC Factory for everyone
If you’ve read, listened or watched previous Hot Sauce Editions, you might have noticed that we’re big fans of DACs. It should come as no surprise that we are excited about the recent DAC Factory update by eosDAC!
The eosDAC team is building a business model around supporting DACs via a premium DAC hosting service. This approach will accelerate the adoption of the DAC model and opens up opportunities for less tech savvy DAC fanatics to also run and operate their own DAC.
How this business model is going to be structured and what the community deems to be fair is open for discussion and the team asked for constructive feedback on the matter.
It’s important to remember that the core of what eosDAC does will always be open source and available to everyone in the EOSIO community.
Karma's new look
The Karma app keeps improving their product on all levels. After a thorough update of the application itself, introducing tipping/boosting of content, a simplified login and KARMA Usernames, the website and overall branding also recently got a new look.
One of the recurring problems for users was still the RAM consumption, but this was solved as the team updated their smart contract and promised that users will never have to worry about RAM anymore. And there’s more to come as CEO Dallas Rushing recently hinted to the potential integration of atomic swaps on Karma via Yolo, an EOS exchange brought to us by the Kyber Network.
BOID season 2 underway
BOID, is the Social Supercomputer on EOS, where users can unite their computing power to help scientific research in the fields of medicine, astrology, climatology and machine learning.
In exchange participants will earn BOID tokens and the whole experience is nicely gamified through rankings and the ability for users to join a team to earn additional team-specific rewards. This fun competition has just started Season 2 and there are several different teams this season offering up various rewards.
After successfully participating in Season 1, EOS Nation is back and we are offering a total of 10000 DAPP tokens as a reward to be shared among our strongest team members this season!
If this is the first time you hear about BOID make sure to check out their website to learn more or start contributing to scientific research right away by going directly to their App.
TokenYield becomes one-stop-shop for dividends
Since TokenYield went live a couple of weeks ago, investors can now easily track dividend paying projects in one convenient and practical place. We’re happy to report that the TokenYield team added the functionality to stake or unstake tokens directly on their website, which makes TokenYield the one stop shop to not only track but also to manage your dividend earning tokens portfolio.
HireVibes goes alpha
After a successful launch of the Hirevibes alpha, the team shared a couple of stats as well as feedback from users.
In their article, they introduced a new refined on-boarding flow as well as a few of other improvements, some of which are already available and others, such as the integrated wallet, is being finalized.
The team also announced that they’ve added a great advisor in Rami James, whom we all know and love from Scatter. Rami will be helping improve the Hirevibes UX and on-boarding process.
Kudos to Hirevibes for keeping up the good work!
🔥THE EOS HOT SAUCE SPICY MEME REVIEW🔥
Our friends over at StartEOS created a meme poking a little fun at the relationship between software development and retail price action… 🤣
EOS Nation is a top Block Producer on the EOS public network. Help us continue to add value. Vote eosnationftw for BP!
Pour EOS Hot Sauce straight into your inbox
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.