Software stacks formed through the layering of protocols atop one another is a blockchain-accelerated paradigm.
Countless such examples on #MultiversX, thanks to the open programmability, standardization at the very native level & global composability.
Weekly #multiversxtech 🛠️ 1/ [release] Mainnet v1.6.18.0 & Devnet D1.6.18.0
- Set up & monitored experimental ARM observers on mainnet
[staking-v4] Worked on having the queue nodes automatically unstaked when the staking v4 activates
- Finished more scenarios and fixed the system SC interaction component

Following long months of intense building, we are about to gradually push tons of development from private to public repos.
Building on, using and integrating #MultiversX infrastructure. Made significantly better.
Weekly #multiversxtech 🛠️ 1/ [state] Collect state changes for each transaction execution
- [consensus] Added a new component that is able to provide the attesting round for a given epoch
- System tests and bugfixes for the custom finality feature

A high impact pain point for the vast majority of blockchain users, elegantly solved by #MultiversX

Guardians with on-chain 2FA provide users guaranteed security over assets and what's moving out of their wallets.

Weekly #multiversxtech 🛠️ 1/ The Guardians feature has been activated on mainnet and integrated into core wallet applications. Close to 2500 users have already initiated the process of setting one for their account to get resilience against private key leaks.

With @MultiversX, @xPortalApp, and the other core applications, we intend to make blockchain technology more widespread by overcoming onboarding hurdles & drastically simplifying the UX.

It's time to take a new step in that direction, with Guardians.

Weekly #multiversxtech 🛠️ 1/ Several improvements to the auto-balance data tries feature and sync missing trie nodes feature. Optimizations on trie sync: parallelization for main trie and data tries sync - benchmarks showed a ~20% improved performance.

The coming weeks & months are for fortifying foundational blocks and starting up the growth engine.
2x in throughput, ~50% faster transactions, guardians for account protection and plug-and-play building legos are all in sight for @MultiversX.
Weekly #multiversxtech 🛠️ 1/ MultiversX Bridge is live and aside Ethereum it now connects the Binance Smart Chain to our blockchain network, with Polygon integration pending final review.

The MultiversX Virtual Machine is now the home for 4602 SCs.

Besides a better security design, perhaps the fastest execution environment & low storage fees, it also acts as a built-in funding mechanism via 30% gas fees paid to SC deployers as royalty.

Weekly #MultiversXtech 1/ Technical specification and research on Sovereign Shards Bridge: performing value and data transfers with minimal load on the mainchain.

The promise of a new wave of innovation & productivity brought by blockchain tech is closer to reality.
Ecosystems are forming, adoption is accelerating, and value is being created.
W/ the first apps going mainstream, a sudden perception shift will emerge.
Weekly #elrondtech🛠️ 1/ elrond-go v.1.3.44 has been released and the mainnet upgrade is in progress. It brings several important fixes to snapshots after restart, preferred peers loading and the old NFT liquidity, among other optimizations & improvements.

Blockchain constitutes a deep cultural shift whereby ownership, transparency, and immutability become universal properties, gradually imbued in all systems.
Elrond has been designed from scratch to fill all the prerequisites of this transition.
Weekly #elrondtech 🛠️ 1/ We are closing in on a mainnet release candidate, with the recent discovery and fixing of several issues in the trie/state area that were preventing state snapshots when trie pruning was disabled.

New features & optimizations are continuously making their way into the @ElrondNetwork protocol, with no compromise to security and robustness.
Thus Web3 innovation can happen uninterrupted and at scale.
Weekly #elrondtech 🛠️ 1/ The Elrond protocol is being prepared for the next mainnet upgrade, which will include the latest libp2p libraries, for enhanced network connectivity at validator level, among other new features and improvements.

Twispay & Itheum join Utrust & holoride to position the @ElrondNetwork ecosystem as a leader in building the Metaverse infrastructure.
Neo banking, Web3 data brokerage, #web3payments, immersive VR, all running on metaverse-scale blockchain technology.
Weekly #elrondtech 🛠️ 1/ Metastaking underwent rigorous public testing with invaluable help from the community, who diligently tested each feature of the new product, helped us find & fix remaining issues, & brought a lot of constructive feedback & ideas. Deployment on the mainnet to follow soon.

2021 was huge for the @ElrondNetwork 🌎
Maiar App, Staking 3.5, Maiar Launchpad, Maiar DEX, significant ecosystem expansion, new markets, powerful community stories, remarkable growth on all metrics.
And we’re just getting started.
2022 will be epic.
Weekly #elrondtech 🛠️ 1/ NFTs have been silently added to the Maiar App, as part of an ongoing broader deployment process. The next big step will be thumbnailing all NFT media content and adding it to a persistent database, to increase performance when browsing collections.

The internet’s evolution into a global information & assets distribution network that is monetized fairly requires payments to be embedded into its fabric. The @ElrondNetwork protocol is ready to enable that by operating at internet-scale.
Weekly #elrondtech 🛠️ 1/ The Maiar Exchange SCs now have Events, which generate an item for each important endpoint called by users, reducing pressure on the Observers’ VM. The DEX cache has been refactored, several metrics added.

Through rapid iterations & support from our Validators, we've reached a stable version of the public testnet with Smart Contracts, ESDT, meta transactions & smart accounts. Our most complex mainnet upgrade to date will start a new phase for @ElrondNetwork
Weekly #elrondtech 👇 1/ The new Arwen WASM VM version brings Ahead of Time Compiling which removes the need to compile a SC on each execution. This, and other optimizations to our overall gas model, allowed us to reduce gas usage for SC calls.