Gmgmgmgm Square Fam!
It's with great pleasure I am glad to announce that the newsletter is resuming officially for the masses.
Now, without further ado, LFG🚀
1️⃣#ICP Price action
Yeah, I know that the ICP community has seen a lot of things since the last episode, and we are almost on a roundtrip, which is fine because we don't attempt to sell in the short term.
Imo, this is a very healthy correction considering BTC's flash crashes that we've seen in the past [obviously alts crash harder when BTC dumps]
But now, we've reached this interesting point in the 1D timeframe, which I expect to be a strong support zone.
We might also consolidate this range for some time, before heading towards the upside.
As always, NFA so DYOR.
Note that we aren't going into deep analysis on our usual stuff, as we have to discuss what happened at the R&D Meeting, which was released on the 27th of June 2024.
2️⃣R&D Meeting Minutes June 2024 @ DFINITY HQ
🟪Host: Jason Ibrahim, Software Engineer @ DFINITY
Agenda
🟣New education hub by Jennifer K Tran
🟣Postmortem insights by Manu Drijvers
🟣Developer experience update by Jason Ibrahim
🟣Roadmap update by Manu Drijvers
🟣Query stats launch by Leon Tan
🟣Neuron control restrictions By Björn aßman
🟣Candid bindgen by Yan Chen
🟣Community demo by DecideAI
🟣New education hub by Jennifer K Tran
According to Jennifer,
🟣This is the OG hub for all things around ICP technical education.
🟣It's available on the internet computer website, Simply head to the website and hover on the developer section on the top.
🟣Postmortem insights by Manu
According to Manu,
this is what happened to the NNS subnet on the last 14th.
🟣Manu also explained how subnets work comprehensively.
🟣What caused the issue was:
1. Lack of DTS [Deterministic Time Slicing] on the NNS Subnet
2. LSMT [Log-structure merge trees] performance regression
3. Stale state certificates
🟣Action items:
1. DTS has been enabled on the NNS subnet.
2. The team is exploring ways to work on stale state certifications.
3. A better communication process is being implemented for impactful incidents that might occur, so everyone remains updated.
🟣Developer Experience Update by Jason Ibrahim
According to Jason,
🟣The team has shipped 3 DX improvements, 3 are scheduled, 2 new topics have been created and another 2 have been closed.
🟣Cycles ledger is officially live.
🟣Enhanced orthogonal persistence [For motoko] and canister state snapshots are underway.
🟣Roadmap update by Manu Drijvers
Manu is back with the June roadmap update and here is a glance👇
🟣The Tritium Milestone was achieved on the 23rd of May, delivering ckUSDC and the EVM RPC Canister.
🟣The Separatrix Milestone was achieved on the 18th of June, delivering Verifiable credentials, credentials playground, and the related SDK.
🟣The team is working on the Deutrium Milestone, which will bring BRC20 and the Bitcoin ecosystem into the IC.
Target: August 2024
🟣The Beryllium milestone and the Thorium milestone are scheduled, focusing on canister Devops and canister resource management, respectively.
🟣Query stats launch by Leon Tan
According to Leon,
🟣This allows canisters to utilize analytics in a decentralized manner.
🟣currently live on Mainnet and DFX already.
🟣The team is currently seeking feedback on improving this functionality.
I know it is quite a lot, but hold on there🫡
🟣Neuron Control Restrictions By Björn aßman
According to Björn,
🟣 Restrictions on Neuron Control have been lifted.
🟣New metrics have been implemented.
🟣A materiality threshold has been established.
🟣Candid bindgen by Yan Chen
According to Yan,
🟣This is a tool that allows candid binding on wasm, almost similar to wasm-bindgen.
🟣Yan also provided a wonderful demonstration of how to use this functionality.
🟣Community demo by DecideAI
Jesse from the DecideAI team was present.
According to Jesse,
🟣 They are building a language behavior detection AI model on the IC.
🟣Jesse also provided a comprehensive demonstration of their product.
phew🥵
I know that was a lot!
Btw, Thanks a lot for sticking until this very end🫡
Now, before we wind up, feel free to share this with everyone who might lack some $ICP Alpha, especially the #IntroToCopytrading Fam :)
I'll see ya tomorrow with your daily dose on ICP🫡
Take care!