We need money that can move as fast as digital information.

Crossing borders, openly accessible to anyone, in any country, and transferable at almost no cost.

Weekly #multiversxtech 🛠️ 1/ [state] Multiple fixes and unit tests for the trie refactor
- Removed duplicated code from trie functions
[relayed transactions] Final touches on relayed transaction v3, with lots of testing
[finality improvements] Bughunt/testing

#multiversxtech is about building in the front of everyone.

Initial drafts, work in progress components or new releases, recurrently shared each week 🛠️👇 1/ [finality] Added unit tests for the transition between consensus v1 and v2
- Working on refactoring the v2 consensus which is using equivalent proofs
- Removed confirmation block, now notarization is based on header proofs
- Integrated equivalent proofs in process sync flow

Spica set a record in community voting, achieving the highest approval rate.

Following the release process, it will enable developers to make MultiversX even more invisible for the end-users.

"You will use the blockchain, and you won't even know it". Weekly #multiversxtech 🛠️ 1/ [equivalent proofs] Final fixes and updates
[p2p] Statistics for minimum consensus time
[consensus finality] Refactor to use a separate component for handling single and multikey node keys
[Internship] QA protocol presentation: processes, tools

The main sharding concerns boil down to myths busted long ago when our design implementation went live.

In our perspective, the only sharding concern is the Web3 space not progressing anymore so that the need for more scale dries up.

Weekly #multiversxtech 🛠️ 1/ [releases] Mainnet v1.7.13.0 release
[relayed transactions] Further fixes on relayed fees
[state] Added multiple tests and fixes for the trie updates batching
- Added testing scenarios for the new esdt built-in functions

Reaching Web3 quantum quorum by creating the infrastructure to unify protocols, bring enhanced efficiency and parity in features and experience for the majority of on-chain users.

All top networks, 1 integrated ecosystem. Enabled by Sovereign Chains.

Weekly #multiversxtech 🛠️ 1/ [releases] Testnet reset T1.7.10.2
- Testnet release T1.7.11.0
- Devnet release D1.7.11.0
- Prepared mainnet release v1.7.11.0
[mx-chain-es-indexer-go] Indexer performance testing
[mx-chain-simulator-go] New endpoint that can trigger an epoch change

The #MultiversX hackaton is inviting devs from all over the world to build products, integrations & tools for the ecosystem.

With up to $1M in prizes and funding, this is the perfect moment to start building.

Weekly #multiversxtech 🛠️ 1/ Part of the xExchange off-chain governance process & as a new community channel for debates, feedback and improvement proposals, we have launched the Agora forum.

Get involved in the trajectory of the protocol, there already several topics brought up: agora.xexchange.com

The xLaunchpad is ready to accommodate both EGLD & XMEX holders.

Great amount of meticulous testing has gone into preparing components for the next days and weeks.

Weekly #multiversxtech 🛠️ 1/ The Guardians feature will soon become publicly available for everyone for an extra security layer. Among recent improvements: changed the rate limiter implementation for otp codes trials in TCS service and added extra info on responses for a better wallet UX.

The proliferation of AI tools is slashing the time & costs of producing content, inevitably growing the challenge of verifying authenticity.

Embedding token balances at account level, @MultiversX acts as a search engine for data sovereignty.

Weekly #multiversxtech 🛠️ 1/ Released Polaris Patch - v1.4.16 mainnet upgrade which addresses an error treatment refactor for wrong usernames used in transactions.

The full release notes are published here:
multiversx.com/releases/relea…

A SuperApp, to open digital finance, Web3 and the Multiverse to the world.

Simplifying onboarding, elevating experience, expanding access. Just like the web browser dis for the internet.

@xPortalApp is coming.

Weekly #multiversxtech 🛠️ 1/ Releases across the MultiversX protocol and several services now follow a new procedure with feedback window and an easier to follow and understand format.

More details & notes of the first release in this series, Polaris v1.4.8, can be found here:
multiversx.com/releases/relea…

Tough times separate substance from noise.

With the first core application upgrade done, we are ready for a productive year and new milestones for the entire MultiversX Ecosystem.

Weekly #multiversxtech 🛠️ 1/ With the new economics model, every swap executed on xExchange brings revenue for LKMEX & xMEX holders. Claimed for the first time this week, the batch of passive rewards packs +10 token transfers in 1 tx at <0.001$, demonstrating once again the cost efficiency of our network.

Blockchains are growing in adoption.
There is a systemic change being explored in several fields and taking place one step at a time.
Elrond has been built to enable and scale that adoption.
Weekly #elrondtech 🛠️ 1/ Release v1.3.42 is now live on the Elrond mainnet and includes a global setting role to burning NFTs, trie sync improvements, partial miniblock execution, and several other improvements & optimizations.

The next logical evolution of the internet is happening now, accelerated by Smart Contracts, NFTs, Decentralized ID & everything blockchain has to offer.

As blockchain fundamentals keep getting stronger, so does the imperative for it to scale.

Weekly #elrondtech 🛠️ 1/ The Maiar Launchpad smart contract for managing the lottery ticket sales & winners has been audited, tested & loaded with the participants’ data. It successfully handled the pledging of more than 400k $EGLD and will determine the winners as the network progresses to epoch 718.

NFT technology will be the language that will transport humanity’s greatest achievements, passions, and possessions, into the Metaverse.

Human culture will continue to exist, thrive and evolve, in a space with infinitely more opportunities than constraints.

Weekly #elrondtech🛠️ 1/ elrond-wasm v0.31 is here, with an improved formatter, Mandos Rust testing framework v2, nested sync call results (fixed), and the removal of several legacy items such as backwards compatibility flags and var-args annotation.

Web3 is the first essential step towards a post-scarcity world.
One where humanity will be free of strife and conflict over resources.
Free to unite and look upwards to the stars.

Weekly #elrondtech 🛠️ 1/ Metastaking Phase 1 is live on the mainnet - Maiar DEX users can now stake $RIDE tokens and get $RIDE rewards. This feature is replicable for any ESDT token in the future. Metastaking Phase 2 will bring the ability to also stake Farm tokens and earn additional rewards.

Internet-scale blockchain tech will catalyse a digital revolution that will help society transition into a post-scarcity world.
One with new & enormous opportunities for everyone. It will take time, will have ups & downs. But we’re getting closer each day.
Weekly #elrondtech 🛠️ 1/ The latest Elrond VM improvements - such as the major API refactor, external view contracts, managed reference types and new message formatting macros - have been included in the elrond-wasm v0.26.0 release.

The Maiar Exchange launch is locked in. Laser focus on the last two prerequisites:
1. @ElrondNetwork mainnet upgrade
2. Liquidity bridge

Weekly #elrondtech 🛠️ 1/ Multi ESDT & NFT transfers have been implemented in the maiar Exchange service transactions. Several different tokens can be transferred with the same transaction, thus improving overall performance by reducing the number of TXs & amount gas used.

Most devs solve 99% of their problems by looking them up online. But when building something truly new, innovative solutions which cannot be reached via conventional means give a unique value to an entire architecture.

Weekly #elrondtech 👇 1/ Preparations for open staking: a more inclusive validator model & the migration of the delegation functionalities directly into the system smart contract, decreasing trust concerns between delegators and providers while enabling governance.

Looking back at over one year of weekly tech reports is like looking down from the top of a mountain, after slowly & painfully climbing it, step by step. It’s a humbling & inspiring view. And so, we push forward. 1% better each day is all we need. Our week in #elrondtech 👇 1/ Situations, when forking can occur, have been reduced by improving the block data broadcast fallback scenarios, when validators in consensus group are responsible to send the cross-shard data in case the block producer fails the broadcast (intended or not).

Our bug hunting and stabilization actions make the Elrond blockchain as powerful as the Unstoppable Force and as resilient as the Immovable Object. Just a little bit longer and the age-old question will soon have an answer. Here’s our week in #elrondtech 👇 1/ We enhanced the process of writing dApps using Javascript & Typescript by adding several improvements to our erd.js front-ent framework, in line with the needs of developers. Some extreme edge cases were found and fixed.

We are focusing attention on helping our external audit partners understand what makes @ElrondNetwork tick. We are proud of our work so far and welcome any chance to make it even better. In the meantime, our progress continues, here are the highlights for last week. 👇 1/ In preparation for a code freeze - stop developing new features & only focus on fixing the existing code - we have engaged several outside review partners who are performing in-depth audits to our architecture, security and code

Transaction finality is one of the key metrics when considering blockchain speed. Here’s how it works in @ElrondNetwork’s protocol. 1/ “Transaction finality” represents the time needed for a transaction to be irreversible. Roll-back mechanisms, such as fork recovery, can invalidate blocks and thus transactions. For this reason, a transaction is only considered final if it is included in an old-enough block.