🚀 Cosmos Releases Latest Version Of Cosmos SDK With Key Improvements
#Cosmos #CosmosSDK #Olympus #v0.52 #development #protocolpool #fundmanagement #governancesystem #decisionmaking #accountmanagement #staking #consensuskeyrotation #ATOM
According to Odaily, Cosmos has announced the release of the latest version of its Cosmos SDK, codenamed Olympus (v0.52), on the X platform. The new version introduces several core improvements aimed at enhancing the development experience and functionality of the SDK. Key updates include the separation of core components, allowing developers to use the SDK core independently. Additionally, a protocol pool module has been introduced to simplify fund management. The governance system has been restructured to enhance the decision-making process, and a new account module has been added to provide more flexible account management. Furthermore, the staking module has been improved to support consensus key rotation.#Cosmos #CosmosSDK #Olympus #v0.52 #development #protocolpool #fundmanagement #governancesystem #decisionmaking #accountmanagement #staking #consensuskeyrotation #ATOM
🚀 Initia Secures $14 Million in Series A Funding Ahead of Mainnet Launch
#Initia #SeriesAFunding #Blockchain #CosmosSDK #MainnetLaunch #TheoryVentures
According to Foresight News, Initia, a Layer 1 blockchain built on the Cosmos SDK, has successfully raised $14 million in a Series A funding round. The round was led by Theory Ventures, bringing the total funds raised by Initia to $22.5 million.#Initia #SeriesAFunding #Blockchain #CosmosSDK #MainnetLaunch #TheoryVentures
🚀 Dune Expands Data Support To Sei CosmWasm
#Dune #Sei #CosmWasm #DataSupport #SmartContracts #CosmosSDK #EVM #SEI
According to Odaily, Dune has announced the completion of data support for Sei CosmWasm, following the recent integration of Sei EVM data. Effective immediately, all data on the Sei platform can now be accessed through Dune's services. Sei's infrastructure comprises both EVM and CosmWasm, the latter being a smart contract environment based on the Cosmos SDK.#Dune #Sei #CosmWasm #DataSupport #SmartContracts #CosmosSDK #EVM #SEI
🚀 Tellor Releases Whitepaper For Tellor Layer Blockchain
#Tellor #LayerBlockchain #Whitepaper #CosmosSDK #OracleChain #Cryptoeconomics #DataConsensus
According to PANews, Tellor has unveiled the whitepaper for its L1 oracle chain, Tellor Layer. Built on the Cosmos SDK, Tellor Layer is an independent L1 blockchain designed to achieve consensus on subjective data. The operation of this blockchain relies on a network of stakeholders who are incentivized through cryptoeconomics to honestly report the requested data.#Tellor #LayerBlockchain #Whitepaper #CosmosSDK #OracleChain #Cryptoeconomics #DataConsensus
🚀 Fetch.ai Mainnet Scheduled for Upgrade on April 1
#FetchAI #MainnetUpgrade #GovernanceProposal #Security #OperationalEfficiency #FET #Validators #Downtime #CosmosSDK
According to PANews, Fetch.ai's mainnet is set to undergo a planned upgrade on April 1, 2025, at 21:00 UTC+8, contingent upon the approval of governance proposal #35. This maintenance-focused release prioritizes security and operational efficiency, aiming to minimize disruption for network participants. The upgrade integrates the existing governance module of the cosmos-sdk, allowing only users who have delegated FET on the Fetch.ai mainnet to vote. Holders on Ethereum, BSC, or Cardano will not be affected.
The network will automatically halt at block height 21,267,067, with an expected downtime of one hour. Validators are required to follow the provided upgrade instructions meticulously to ensure a smooth process. Prompt participation from all active validators will significantly aid in the swift restoration of services. Post-upgrade, the network will resume normal operations without changes to the API or chain state.#FetchAI #MainnetUpgrade #GovernanceProposal #Security #OperationalEfficiency #FET #Validators #Downtime #CosmosSDK
🚀 Polygon Heimdall V2 Mainnet Restored After Consensus Bug Disruption
#Polygon #HeimdallV2 #mainnet #consensusbug #blockchain #proof-of-stake #Bor #networkuptime #RPCproviders #CosmosSDK #CometBFT #upgrade #networkperformance #decentralization
According to Cointelegraph, the Polygon Heimdall V2 mainnet, a crucial component of the Polygon proof-of-stake chain, experienced a temporary outage on Wednesday due to a suspected consensus bug. The issue, which affected the communication between node validators, was resolved within an hour. Despite the disruption, the Bor layer, responsible for block production and transaction processing, remained unaffected. Polygon representatives confirmed that the outage was triggered by an unidentified validator's exit from the network.
During the downtime, block production on the Bor mainnet continued uninterrupted, and any discrepancies in network uptime and block explorer data are being addressed. Polygon is actively working with RPC providers to resolve sync inconsistencies that emerged following Heimdall's recovery. One provider has already resumed operations, albeit with a slight delay in synchronization. The incident underscores the importance of consistent network uptime for blockchain networks, which aim to offer a reliable alternative to traditional financial systems.
The Heimdall V2 upgrade, launched in early July, aimed to enhance the network's performance by reducing finality times to approximately five seconds and updating the tech stack with CometBFT and Cosmos-SDK v0.50. This upgrade is considered the most technically complex hard fork since Polygon's launch in 2020, according to Polygon co-founder Sandeep Nailwal. While the upgrade has improved block times and network throughput, it has also introduced additional complexity and potential points of failure.
Previously, the Heimdall V1 layer was also a source of network downtime. In March 2022, Polygon faced several hours of downtime due to a software bug in the Heimdall layer, which caused validators to operate on different blockchain versions. The ongoing efforts to enhance network performance highlight the challenges blockchain networks face as they strive to maintain uptime amid increasing complexity.#Polygon #HeimdallV2 #mainnet #consensusbug #blockchain #proof-of-stake #Bor #networkuptime #RPCproviders #CosmosSDK #CometBFT #upgrade #networkperformance #decentralization