Home Blockchain Tech Update from Lucian Mincu Co-Founder Elrond Network (EGLD)

Tech Update from Lucian Mincu Co-Founder Elrond Network (EGLD)

Elrond Network EGLD

Lucian Mincu, Co-Founder Elrond Network expressed, we are building a new positive sum financial system, to create more valuable and durable resources, accessible to anyone, anywhere. One of its first components will be Maiar Exchange – the first truly scalable global marketplace for tokenized value.

Staking Phase 3.5 will enable existing Validator nodes to either become Staking Pools or join existing ones. These important changes to how Elrond Network staking works are now deployed on our testnet for our community to try out.

We have enhanced our Elastic search indexer to include information about the token balance of an account, including NFTs & SFTs. Furthermore, Smart Contract deployment data is now included, complete with creator account & scdeploy TX hash.

SC Rust framework 0.16.0 has been released, with major improvements toward SC composability: – major rework & cleanup of contract/module syntax – a new system of contract proxies for contract calls.

– contract proxies get generated automatically for every contract & can be imported – big int types reworked – callbacks & callback proxies reworked.

Other notable achievements: – Continued development on the erdjs contract wrapper on an argument formatter for wrapping NFT method calls – More tests lottery & esdt-nft-marketplace SCs – created accounts resolver for nft-marketplace & added followers/following functionality.

– worked on the auctions resolver. Create Auction, save Auction – added a new endpoint for chainlink adapter to run cronjobs from the chainlink node without an initiator – testing marketplace SC – Unit testing on Arwen (gas management) – research and extended testing coverage.

– Lending burn fixes – Automatic tests hex-encoded fixes – Stress test development – Divided by 0 bughunintg & Mandos tests – Added a chainlink price aggregator smart contract – Updating various smart contracts to the newest framework version.

Small fixes on Rust framework & mandos-go – Changed an existing unit test for the jailed BLS key saving issue, carried system tests for the staking phase 3.5 – New components for the heartbeat refactor: interceptedPeerHeartbeat implementation & the peerHeartbeat resolver.

– Bughunt & tests for the heardfork feature having large sets of data on shards. – System test & testing scenarios for Staking V3.5 – Mandos-go stricter rules for specifying addresses, in order to prevent some hard-to-detect errors in the scenarios.

– Mandos-go extended testing framework test suite – Refactored the trie insert & commit methods – Started working on a state checkpoint improvement that will significantly reduce processing & disk IO.

– Further worked on elliptic curves ( fixes, little refactoring in arwen APIs -> cleaner code, started tests) – DEX & MEX distribution Smart Contracts update to Rust Framework 0.16.0; adapted them to new requirements & architecture.

Lots of testing on Rust Framework 0.16.0 & mandos-go – DEX SC auditing – Fixed scenarios when merge / newDelegationCotnract would work even if the node was jailed – Finalized Ledger assessment document.

And lot more.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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