According to Cointelegraph, the Ocean Protocol, a decentralized data exchange protocol, has postponed the launch of its Ocean Nodes Incentive Program to August 29. This decision was made to address necessary back-end updates and ensure a fair experience for all participants.
The Ocean team identified and resolved several issues within the monitoring system responsible for tracking node uptime and incentive eligibility. A logic flaw in the monitoring system was discovered, which is crucial for ensuring the program’s fairness. The team quickly addressed the bugs and fixed the logical fault identified in the eligibility checks. To ensure everything runs smoothly and fairly, the start of the incentives program has been pushed back, allowing for the necessary back-end updates and ensuring a robust and reliable monitoring system.
In addition to resolving back-end issues, the Ocean team made several improvements to its Ocean Nodes Dashboard. These updates are designed to enhance user experience by providing more detailed and actionable data. New features include sorting, filtering, and the ability to select which columns to view, giving users more control over how they interact with the data. However, until the back-end update is implemented, the values in the “reward eligibility” column may still be inaccurate.
As part of the artificial superintelligence alliance (ASI), the Ocean Protocol native token was converted to the Fetch.ai (FET) native token on July 1 in preparation for the final stage of the ASI merger. All OCEAN and SingularityNet (AGIX) tokens were converted into FET, and they are now awaiting the final stage when the FET token ticker will become ASI. The official ASI website currently lists the final stage date as “TBD,” but it details that new contracts will be introduced to convert the remaining FET, AGIX, and OCEAN tokens to ASI.
