This week, MultiversX processed a record 3.3M transactions in one day, with hours of constant 100+ TPS.
Activity at all time highs and sharding just works.
Weekly #multiversxtech 🛠️ 1/ [finality improvements] Fixes consensus threshold validation
- Fixes & refactoring proofs verification
- Adding antiflood protection for new messages
- Fix fallback validation after equivalent proofs
- After activation integration testing

Research, development, releases and contributions to MultiversX, by engineering teams during this week.

#multiversxtech 🛠️👇 1/ [sovereign] Add last cross chain data to sov chain processing
- Add pre-genesis header + validate it
- Save last finalized cross chain header + save it for bootstrap when syncing
- Get extended headers from storage
- Sync extended headers by hash on bootstrap

Sharing a new technical update on the progress of our development and the latest advancements to #multiversxtech 🛠️ 1/ [state] Working on state changes collector: added a separate component for data analysis state changes collection
[finality] Working on setting equivalent proof for previous block on proposer
- Benchmarks for creating signature shares on multi-key nodes

In just 2 weeks post-activation, StakingV4 is already leaving quantifiable trails of improvement in decentralization at the consensus layer.

#MultiversX now has the technical freedom to scale exponentially and welcomes a new wave of staking operators.

Weekly #multiversxtech 🛠️ 1/ [state] Added several fixes for the new update trie from batch improvement
- Bughunt regarding some missing data
- Small fix for the new esdt improvements
- Testing scenarios with chain simulator for esdt improvements feature

2020: limited staking, fixed no. of nodes
2021: staking pools, queue, 3200 nodes
2022-2023: 10M to 17M stake increase
2024: ♾

#MultiversX goes for the next big leaps in decentralization with Staking V4.

Weekly #multiversxtech 🛠️ 1/ [state] Worked on creating an accounts iterator which can retrieve data saved by accounts in an efficient manner
[releases] Testnet release T1.7.7.0, testnet reset T1.6.18.2 and staking v4 setup
- Experimenting with Apple ARM64 observers

The ongoing #MultiversX mainnet upgrade is an essential step for the whole blockchain industry.

This enables Guardians with onchain 2FA — a gold standard for digital asset usage at scale, and robust protection against theft.

Weekly #multiversxtech 🛠️ 1/ Altair, the first major protocol upgrade scheduled for the MultiversX network in 2023, is live! Node operators and dApp builders are called to upgrade their infrastructure in a timely manner. Activation of the Guardians feature is settled at epoch 1075.

Maintaining scalability and composability with no downtime, for the ecosystem to leverage day and night without interruptions, is what makes @MultiversX stand out.

Everything set for an accelerated growth period.

Weekly #multiversxtech 🛠️ 1/ Added a component that is able to stop block processing of a node at a specific nonce, round, or epoch, useful for snapshots and analytics.

The pieces are coming together.

We are ready to make digital finance and metaverse experiences available to anyone in the world with a smartphone, consequently propelling the next wave of Web3 killer apps.

Bring it on, Feb 28th.

Weekly #multiversxtech 🛠️ 1/ The Sovereign Chain SDK is undergoing rigorous testing. We implemented the latest findings on scheduled transactions selection and pre-validation, as well as on signing and checking aggregate signature on consensus flow.

Christmas is upon us, perfect time to share the MultiversX holiday wish list.

Unwavering focus in the face of adversity. Clear vision in times of uncertainty. Consistent effort applied towards well-defined goals.

Weekly #multiversxtech 🛠️ 1/ New technical specification document for a solution to automate claiming rewards and update energy for xExchange users, so they can enjoy all the benefits, maximize rewards, and auto compound without interacting with the DEX.

X Day will be a unique and remarkable moment.

Showcasing meaningful progress and milestones around research, architectures, products, and ecosystem, all tied to the extraordinarily passionate Elrond community.

It's a new beginning. Unfolding on November 3.
Weekly #elrondtech 🛠️ 1/ Implemented a new heartbeat v2 sender which will only work during bootstrap. It also includes the number of trie nodes synced in order to provide live data on explorer.

The shift from subjective trust foundations towards distributed ledgers will considerably elevate productive interactions and minimize friction.

Systemic, business and human interactions, fundamentally reorganized and interconnected via transparency.

Weekly #elrondtech 🛠️ 1/ Delegation-API is now available for anyone to use and build on top of it: github.com/ElrondNetwork/…
It is the component used within our applications to display the list of staking pools, their identities and compute the APR, as well as the users’ staking related information.

The flourishing @ElrondNetwork ecosystem, with dApps, products & services, are all built on the foundational Elrond protocol.

Secure. Robust. Scalable.

Bringing the world closer to a new & improved global financial system with each upgrade & component.

Weekly #elrondtech 🛠️ 1/ The Ad Astra Portal bridge microservice has been updated to include support for multiple chains.
The bridge will soon be ready to service token transfers between Elrond and multiple other chains in synergy with the existing components.

Metabonding is the powerful combination of @ElrondNetwork passionate community & internet-scale blockchain startups. Perhaps the birthplace of the next Web3 amazons & googles.

Imagine receiving a fraction of these internet giants as they were being born.

Weekly #elrondtech 🛠️ 1/ The first distribution of ecosystem tokens towards long term supporters of the @ElrondNetwork has happened with the go-live of Metabonding. 4 weeks worth of $EGLD & LKMEX snapshots data were used and $1.5M+ USD worth of tokens were successfully claimed by the community.

The upcoming @ElrondNetwork protocol upgrade brings “Scheduled Smart Contract execution”. It increases the time allocated for executing TXs beyond the currently dedicated 1.5s sub-round, resulting into higher throughput, with major upside for DeFi operations.
Weekly #elrondtech🛠️ 1/ By enabling Scheduled SC execution & increasing execution time during a round, we will improve the TPS of the network as a whole. SCs currently have the lowest ratio in (transaction byte-size)/(execution time), so focusing on them is optimal and will not affect consensus.

Insane efforts have led to remarkable achievements.

The Maiar Exchange is ready. The Maiar Launchpad is ready.

The next couple of weeks will be amazing for the @ElrondNetwork ecosystem. 🌊

Weekly #elrondtech 🛠️ 1/ We conducted a Maiar Exchange public stress test to validate our imminent launch strategy using the latest version of the DEX smart contracts, which have been amended to include the latest audit findings and updated according to the best practices related to the WASM VM.

Unique innovations such as Smart Accounts, with their ability to store large numbers of data points, make the @ElrondNetwork an unstoppable internet micro-services engine.

Weekly #elrondtech 🛠️ 1/ The Rust SC framework has been enhanced with a new serializer that handles managed types better. Storage keys and error messages are also rerouted via the managed buffers. This eliminates the need for an allocator, leading to smart contracts with a reduced footprint.