MultiversX is a rolling snowball, gathering speed and mass as it reshapes everything in its path.

Weekly #multiversxtech 🛠️ 1/ [releases] Testnet T1.8.6.0 release
- Devnet D1.8.6.0 release
[finality] Continued testing the equivalent proofs, achieving a semi-functional consensus
[testing] System tests on internal testnets
- Mempool testing

Full week with product updates within the ecosystem! Wrapping it in proper #multiversxtech style 🛠️👇 1/ [finality] Finalized metachain notarization based on equivalent proofs
- Refactored the block proposal for the new consensus model
- Simplified the voting in the new consensus
- Working on simplifying the final step in consensus where the proof is created and propagated

10 times factor improvements are in MultiversX's DNA.

From 6s to blocks ticking faster than a regular clock, the prevailing outlook on how blockchains disrupt business models or invent new ones will no longer come from linear thinking.

Weekly #multiversxtech 🛠️

https://twitter.com/AdrianDobrita/status/1832740473053516177

1/ [finality improvements] Updated the header broadcast mechanism
- Started working on a new topic for equivalent proofs of final info
- Working on a subcomponent for accumulating equivalent proofs
[misc] Deployed our faucet bot in discord

Show me the community and I'll show you the outcome.

Blockchains and their respective network participants are force multipliers of each other.

The word-of-mouth flywheel of @MultiversX is spinning faster and louder. Weekly #multiversxtech 🛠️ 1/ [state] Benchmark a new type of trie to measure the state access time
- Refactored how ESDTs are stored in order to reduce the number of db accesses
- Working on registering read state changes: saving data to leveldb for later post processing

We’ve seen how much better MultiversX is about to become and how what we’ve developed along the years can become chain-agnostic with Sovereign Chains.

To tie everything, address pressing limitations and bring the most net positive impact for the space.

Weekly #multiversxtech 🛠️ 1/ [state] Added a set of fixes for the new batching of trie updates feature
- Debugging a state problem on metachain
- Chain simulator integration testing for esdt improvements
[releases] Mainnet v1.7.11 & Testnet T1.7.12
- ARM observers & deep-history observing squads upgrade

In #MultiversX decentralization is key and a continuous flow of improvements.

Latest: radically lower cost of running nodes with multi-key

Following: open market auction for validators and new staking incentives via sovereign dual rewards mechanism

Weekly #multiversxtech 🛠️ 1/ [2FA service] Unit tests & fixes for 2FA service security mode feature
[relayed V3 transactions] Update specifications for V3 with multiple inner transactions
[releases] Testnet release T1.7.8.0

Focusing on what matters and keeping pushing super hard.

The next major releases for the protocol and multiple core products are already in or about to enter community feedback stage for rapid iterations and improvements.

Here's our last week in #multiversxtech 🛠️ 1/ [releases] Testnet releases T1.6.16.0, T1.7.1.0
- Integration tests (VM fix, etc.) for v1.6.16
- Created an utility script in preparation for staking v4 release setup
[chain simulator] Increased code coverage

We end 2023 & start 2024 the way we intend to carry on.

Sirius is coming in January and will upgrade MultiversX to an unparalleled performance and feature standard.

It’s time to build, grow, and accelerate.

Weekly #multiversxtech 🛠️ 1/ [VM] Research on further VM improvements, planning the development of linear types for storage, cross shard back transfer, enshrined sovereign opcodes
[trie] Continued working on remove trie code leaf: adapted changes for epoch handler flag and vm

At a time when some parts of the world oppose innovation & tech advancement, a strong signal is coming from 🇪🇺builders.

xDay, w/ one of the largest hackathons in the region, are about to rekindle a spark for Europe, at the very frontier of positive change. Weekly #multiversxtech 1/ [consensus] Started working on a mechanism that allows shard nodes to request the correct number of metachain blocks according to the finality at epoch change situations
[state] Fixed a bug which caused some snapshots to be taken in the wrong epoch

#MultiversX is set to achieve a remarkable technical position until eoy.

Accelerating decentralization w/ protocol governance & Staking V4

VM 1.5 & consensus changes for +50% shard throughput & -67% finality.

Sovereign shards, light clients & more.

Weekly #multiversxtech 🛠️ 1/ Worked on the complete refactor for the genesis generator tool able to create the configuration file for the upcoming new devnet chain that will replace the current one after the transition phase.

We have grown. As a network, community, and ecosystem.

Time to bring $EGLD and the @MultiversX network as far and wide as possible.

Weekly #multiversxtech 🛠️ 1/ The Great Heist: 284 submissions are undergoing internal reviews, now that the hacking competition has concluded and the Safe Vault proved its resilience to attacks. Special thanks to everyone who contributed in any form.

Participants in the @MultiversX PoS economy will soon be able to get liquidity for their staked collateral, while more & more chains are being interconnected via the bridge.

An internet-scale DeFi ecosystem is about to get a significant inflow into TVL.

Weekly #multiversxtech🛠️ 1/ mx-chain-go v1.4.15 is now live on our mainnet and brings a small refactor and an edge-case bugfix.

The full release notes can be found here: ​multiversx.com/releases/relea…

A mobile phone.

That’s all you need.

To explore, to manage, to transfer, to exchange, to chat, to enter new worlds and applications.

Sprinting towards the @xPortalApp launch.

Weekly #MultiversXtech 🛠️ 1/ The DEX service is now open source and publicly available at github.com/multiversx/mx-…
It can be used to bring smart contract data to the front-end, as an event handler using RabbitMQ with cache invalidation to optimize VM queries, as a PoC for other implementations & more.

Opening the governance process for one of our core applications marks an important milestone for the #MultiversX Ecosystem

Transparent & decentralized, it will allow long-term @MaiarExchange contributors to signal their intent on the new economics model

Weekly #multiversxtech🛠️ 1/ Performed several thorough internal testing sessions for xExchange and prepared the infrastructure for the upcoming governance vote that will take place between November 28th and December 5th, involving all LKMEX holders.

The era of permissionless innovation is unfolding, with ever smaller barriers for iteration and experimentation.

With it, every block added brings new applications, compounding the utility, usage and value of the entire ecosystem.

Weekly #elrondtech 🛠️ 1/ Inspire entered a rapid iteration cycle, thanks to the invaluable feedback from the community. We have improved the indexing performance and integrated two new marketplaces adding 800+ collections and 7000+ live auctions that can now be accessed via our NFT hub.

Building anything worthwhile, and of value, is hard.

Challenges may inevitably arise. What defines us is our response to challenges.

As a team. As a community.

Weekly #elrondtech 🛠️ 1/ 2 Mainnet upgrades have been released for further security improvements and to patch and remove the "executeOnDestContextByCaller” SC function that led to the Monday incident.

The ongoing mainnet upgrade brings significant improvements to transaction processing via decreased cost & increased overall throughput, paving the way for the major DeFi, NFT, and Web3 Superwave that is coming to the @ElrondNetwork.
Weekly #elrondtech 🛠️ 1/ The latest mainnet release brings significant throughput improvements via the new gas schedule, that makes it so more operations can be processed in a block due to smaller costs, and via scheduled TXs, which increases processing window, thus pushing more transactions.

The fully sharded architecture of @ElrondNetwork is essential for enabling the next billion people to simultaneously engage with #web3payments and the opportunities of a truly scalable global financial system.
Weekly #elrondtech 🛠️ 1/ The Elrond VM now has a warm instance cache that keeps the most used smart contracts as compiled x86_64 objects that are executed directly when called, bringing up to 5x performance improvements compared to the current “Ahead of time compilation” approach

The latest wave of technological advancement has brought Smart Contracts, Tokens & NFTs to the @ElrondNetwork mainnet, making it ready for the Maiar Exchange.
Next massive wave: bridges, oracles, interop, relayed TXs v2 & more
Weekly #elrondtech 🛠️ 1/ The Elrond mainnet has been upgraded to v1.1.65.0, bringing ESDT enhancements needed for the Maiar Exchange. The testnet has been upgraded to v1.2.4.0 and testing is underway for the latest protocol improvements: relayed TX v2, soft-restart, etc.