1/ Last week the Polkadot ecosystem continued building, deploying and growing. Check out some of the announcements from the ecosystem and hear the latest news from the parachain teams, infrastructure providers, and wallets in this week's #PolkadotRoundup.
Read the 🧵below
2/ The community passed a proposal for the @AstarNetwork Treasury to boost rewards for $nASTR stakers through @Algem_io. Learn more about the campaign:
3/ Last week the Polkadot Hybrid #DN22hackathon kicked off brought to you by @AstarNetwork and @Kiltprotocol, marking 3 weeks of web-2 friendly and data-focused mentorships and workshops:
7/ Parity Signer has been integrated on @NovaWalletApp to help maximize security in the Polkadot ecosystem. The hardware wallet developed by @ParityTech allows any smartphone to act as an air-gapped crypto wallet. Available now for both iOS and Android:
9/ @origin_trail updated OT-RFC-12 for teleporting TRAC (OriginTrail utility token) to the @OT_Parachain (OriginTrail Parachain on Polkadot). Learn about teleporting details and its timeline:
10/ @PhalaNetwork is collaborating with @DarwiniaNetwork to open HRMP channels with Crab on SubBridge. At the moment, there are seven other parachain asset integrations with this cross-chain router: $KAR, $MOVR, $BNC, $ZLK, $BSX, $KMA, $TUR
11/ @subwalletapp launched v0.5.5, adding more in-app XCM transfers for DOT, KSM, KINT, kBTC, INTR and iBTC.
12/ NFT security continues to grow as @ParityTech teams up with @PastelNetwork. The collaboration brings NFT copymint security and permanent storage to the Polkadot ecosystem:
13/ @NodleNetwork has reached a milestone of half a million token holders! This marks a big step in their mission of empowering people to build the first smartphone-powered decentralized network:
14/ Updated Tokenomics, the first in @NodleNetwork`s four-part series has been released. The series will cover updates around their innovative approach to mobile web3:
15/ A misconfiguration on @AcalaNetwork's iBTC/aUSD liquidity pool which resulted in erroneous mints of significant amounts of aUSD is rectified. The Polkadot relay chain and shared security are not affected.
Earlier today a misconfiguration was found on Acala’s iBTC/aUSD liquidity pool which resulted in erroneous mints of significant amounts of aUSD.
The Acala team reacted quickly through governance, pausing certain chain functions including transfers, thereby keeping over 99% of the minted funds on Acala. The misconfiguration was also quickly rectified.
The Acala team will continue tracing on-chain activity, and will facilitate a community proposal to resolve the issue. Substrate allowed for a fast response by Acala’s community via governance. The Polkadot relay chain and shared security are not affected.
All systems evolve or they die & blockchains aren't exempt from this universal law. The ease of administering change, the idea that someone can fix a problem or add a new feature, is one of the draws toward centralized systems.🧵
2/ But to be sustainable over a long period of time, systems must decentralize. Economies that cut off trade flow, dictatorships that stop migration, and languages that don’t accept new words all die, or are already dead.
3/ Polkadot’s current governance features a three-chamber structure:
1️⃣ A tech committee for managing upgrade timelines
2️⃣ An approval-voted, elected council to manage parameters, admin, and spending proposals
2/ The dashboard allows you to access all major staking functions on Polkadot through an easy-to-navigate interface.
Research, favorite, and nominate validators, see your payout history, adjust your bond amount and more, all in just a few clicks 🙌
3/ Connect your existing @PolkadotJS extension or @wearetalisman wallet (@subwalletapp & more coming soon), or add any address on a read-only basis to track your payouts & monitor your account.
It currently supports Polkadot, @kusamanetwork, & Westend networks — more on the way.