The bi-weekly newspaper will continue to bring you the recent news of Elastos community. Enjoy your reading. 👇
· Community News·
Chinese Community
● Elastos Founder Chen Rong posted Modern Internet — Key to Future Ecosystem Development.
● On October 20, First Annual General Meeting on Data Capitalization kicked off at Shenzhen, stealing the limelight in the industry. At the meeting, FilDA was duly founded as well. FilDA members including Elastos, FBG CAPITAL, COBO IPFS, IPFSMain, Open Ethereum Pool, PPIaas, StorSwift, EFS, Higgs Network UKEX, etc. will team up with each other to create a first-mover advantage based on core resources and build a FIL-DeFi bridge and Filecoin-centered one-stop financial service alliance.
What is noteworthy is that this meeting exactly preceded the private mining session of Filecoin China. Elastos Co-founder Han Feng communicated and discussed with magnates in the mining industry on the development of Filecoin+DeFi ecosystem while hosting the Roundtable Forum themed by New Infrastructure: Filecoin Ice Breaking at the Block Global Eco Summit.
● On October 20, World Summit on Digital Economy Applications kicked off at Shenzhen, which drew attention of the entire blockchain industry with considerable value and influence in the industry.
Elastos Co-founder Han Feng attended the event on invitation and delivered a keynote speech themed by “What Can We Benefit from DeFi?”. In the speech, Mr. Han Feng proposed such unique viewpoints as “Wealth is built on the consensus over wealth” and “DeFi is booming for it drives a consensus over wealth to be reached in blockchain”. Later Han Feng also shared his opinions on DeFi’s prospects and new round of consensus over wealth in the interview of Shilian Economy.
● On October 27, Elastos Co-founder Han Feng attended the “Screaming Night Magic Night City-IPFS Ecosystem & Storage” Technical Seminar on invitation. Sponsored by IPFS News and titled by EpiK Protocol, this event was co-organized by Crust, Mirror World (MW), Akash, Filecash, Findora, TouChain, Memoriae, and Firefly through strategic cooperation.
While addressing Promotion of Filecoin Prosperity by DeFi, Han Feng analyzed contributors to DeFi’s upward movement right now and inspired guests to facilitate development of the Filecoin ecosystem in a thought-provoking manner.
● On October 31, Elastos’ core team organized a meeting of strategic planning on the publicity of dApp and relevant business patterns.
● Elastos’ Trinity team initiated the sidechain test and unveiled TTECH tokens based on Elastos ETH sidechain. Now inform the Trinity team of your e-mail address through elastOS (IOS/Android) and you’ll get 88 TTECH tokens~
Steps:
o Download elastOS and set your DID, enter “Identity” to release your proof.
o Enter Wallet-Wallet Settings-Coin Management-Add TTECH Tokens, and share your e-mail address for receiving TTECH tokens.
Link for entering the e-mail address:
https://docs.qq.com/form/page/DUktLQkJHWmZ5VGlK?_w_tencentdocx_form=1
● Elastos posted What Makes Elastos the Greatest Breakthrough since the Rise of Ethereum?
English community
● Elastos Info and ELA_Supernode teams solicited FilDA AMA questions. Submit questions at: https://www.reddit.com/r/Elastos/comments/jikkhb/elastos_joins_filda_alliance_ama_submit_your/?utm_medium=android_app&utm_source=share
● CR Press team posted The Birth of Elastos DeFi. https://cyberrepublic.press/the-birth-of-elastos-defi/
· Development of CR proposals ·
Latest proposal: #57 Re-analysis on ELA Economic Pattern
Detail:
#57 Re-analysis on ELA Economic Pattern
Proposed by Elastos Sach
Like: 🌟*38
Abstract: 80% of Elastos tokens have been destroyed, releasing substantial uncirculated ELA in CR fund address, sparing holders from sustaining the impact of ELA depreciation in the “central bank” and generating a more practical long-term (400,000 ELA per year) model for development. It is the first step in the correct direction, a BBS topic that bears a great significance. In this proposal, I’d like to note a responsibility that will play a decisive part in the next action, which involves further reflection on our ELA token model and incentive on advice for adjustment to inflation rate.
In a word, I’d like to put an emphasis on the following points:
1. How should we treat ELA nowadays?
2. Why should we embrace deflation and lower annual total ELA circulation for the following decade from 1.32 million (3,616 ELA per day) to 52,153 (100 ELA per day)?
Please throw out your own suggestions and share your opinions in this proposal. This proposal is a catalyst for talks and opinions. If it is adopted, it shall merely indicate relevant members are expected to convene and work out next implementation plan for final approval of CRC.
Proposal state: pending
The preceding proposal remains under intense discussion. If you have better ideas in this respect, please feel free to leave your message at CR. Leave your message at??
https://www.cyberrepublic.org/suggestion
· Overview of ecosystem applications ·
● ELA launches SimpleSwap for instruction on how to get ELA quickly.
● After rounds of communication and coordination with the Apple Store, Trinity Tech Team is ultimately allowed to unveil the elastOS iOS at the Apple Store. Different from the released elastOS Android and elastOS desktop under development right now, elastOS iOS will be simpler “elastOS Essentials” oriented in iOS users.
The “elastOS Essentials” comprises key elastOS functions, e.g., decentralized identity (DID) management, wallet function, or management of storage space and contacts through Hive. However, no access will be allowed to any built-in partner app, e.g., Assist, Vouch or ELAnodes and download of elastOS app store or dynamic application will not be available either.
● Tokswap is duly released! Teach you on exchange via Tokswap.
· Important data tracking
Important data of Elastos shown in this article include: code update data, market value ranking data, joint mining data, DPoS supernode and other data.
● Elastos Coincodecap platform code data
As a vital embodiment of the value of the blockchain project, code data has always been paid great attention to by the blockchain community. In the code ranking part, the ranking of Coincodecap was captured.
Coincodecap is a data website that specializes in tracking GitHub updates of blockchain projects. It has tracked over 700 projects by capturing GitHub data and is authoritative for technical updates such as blockchain project codes. Among the major platforms for blockchain project code rating, the activity of Elastos code is continuously updated. In Coincodecap’s annual activity ranking, Elastos ranks 17th and Elastos code ranks 23rd.
Source: https://coincodecap.com/project/ELA
● As the world’s largest encrypted data website, Elastos CMC platform data CoinMarketCap is a crucial link in the encrypted currency ecology. The price, market value, circulation and other data it provides are widely referenced by investors and are channels for investors to understand real-time market information such as blockchain projects.
According to CMC data, ELA ranked 191st in the CMC’s market value ranking in August, with a circulation of 17,244,540 ELA and a circulation market value of $25,684,488 USD.
Source: https://coinmarketcap.com/currencies/elastos/ratings/
● Elastos GitHub platform code data
GitHub, as the world’s largest open source code hosting platform, is an important reference basis for open source project code development. Elastos has many code bases on GitHub. Among them, there are a great many of substantial code achievements on the main chain, side chain, Trinity, Carrier, wallet and other code bases of Elastos Project. Many different types of SDK codes provide call methods and authentication methods for different programming languages, and offer rich materials and abundant development tools for the developer community.
Currently, Elastos GitHub database contains a total of more than 100 subproject code bases for community members and developers to view GitHub database, carry out retrieval and view code updates. According to the collation of the developer community, this article presents the daily active code statistics library for the vast number of developers and third-party organizations. The address base contains 22 daily active code bases since Elastos Github was established in 2018. The address of Elastos GitHub’s daily active code statistic library is: https://github.com/elastos/Elastos
Meanwhile, according to the relevant code activity statistical tools provided by the developer community, the update and code activity of Elastos Github codes can be obtained through the statistical tools to retrieve statistical database data.
According to the captured statistical database data, the monthly active data is shown in the figure:
Code Active Data from September 9 to October 9
Total submission
39
Total modification
26,130
Total addition
7,279,135
Total deletion
55
Source: https://github.com/elastos
● ELA merged mining hash power
ELA merged mining, as a crucial component of AuxPoW+DPoS, an Elastos hybrid consensus mechanism, has greatly guaranteed the security of Elastos’s main network by borrowing bitcoin’s powerful hash power. Besides, major mining pools show their support for Elastos and join ELA merged mining in succession. In this way, the main network of Elastos will get stronger and stronger. Data show that the highest peak value of the main network hash power of Elastos is about 53.4% of the total network hash power of BTC.
