Gmmmmm Fellow Square Membersđ
Presenting the 5th episode of the
#Aleo Pulse [Season 2], your one-stop hub for all things on Aleo, The first Fullstack blockchain powered by Zero Knowledge Proofsđ
Let's begin with today's episodeđ
This Week's Updates
âĄď¸The Community call was held last Wednesday at 20:00 IST @ Discord.
âĄď¸The hosts were Viv and Alex
âĄď¸According to Alex and Viv,
âĄď¸A new ambassador role with a higher status than the Maestro will be introduced to keep ambassadors motivated.
âĄď¸There was a dev call Last Friday and here's what is most important in terms of technicalsđ
đľBi-weekly Meetings were introduced to foster collaboration.
đľThe introduction of the Mainnet Action Plan:
A minimum acceptance criteria for:
1ď¸âŁAleoBFT consensus
2ď¸âŁClient Synchronization
3ď¸âŁPublic/Private Transactions
4ď¸âŁPrograms Deployments and
5ď¸âŁCoin-base puzzle
is in the works.
đľCurrently 50% of Devnet Testing is completed and the puzzle integration is in progress.
đľThe team expects to Complete Devnet Testing, Integration of the puzzle and Audits for ARC 37/38 Standards to be done by the 1st of April.
đľThere will be a code freeze by May
đľTestnet3 currently has some outages and is going to be deprecated and a stable public testnet is underway.
đˇBack to the general call informationđ
âĄď¸The new coin-base algorithm is mostly done with development but is required to be finalized and integrated, then an audit will be performed which is estimated to take roughly 2 months.
âĄď¸The algorithm will be released a month before mainnet
âĄď¸Tokenomics is live on the website for the public to observe.
âĄď¸Most of the insiders [Investors, Team etc] -> 1 year cliff, then a 24-month vesting schedule
Although they are locked, they can still stake.
âĄď¸Grantees/Testnet Participants --> No lockup if not US based, else 1 year lockup.
âĄď¸Do note that the inflation in the tokenomics page is an estimate, which might change.
âĄď¸Mining is initially planned to be GPU-based but will transition to ASIC-compatibility as the blockchain evolves.
[The new algorithm is expected to be memory-heavy, so the setup is likely to be complex]
âĄď¸A new governance section named loose-thoughts is live in Discord for users to discuss related topics.
And, that's all for today :)
If you have any questions, feel free to askâď¸
Do share this with our amazing
#HotTrends Fam as wellđ
I'll see ya in the next episodeđŤĄ
Until then, LFG!