Gnosis Chain Prepares for Full Stack Decentralization
Gnosis Chain Prepares for Full Stack Decentralization
馃敆 Gnosis' big move...
Gnosis Chain is gearing up for a significant milestone: Full Stack Decentralization, set to launch on October 1, 2024. This upgrade aims to enhance the network's credible neutrality and resilience.
Key points:
- Launch date: October 1, 2024
- Goal: Achieve full stack decentralization
- Benefits: Improved neutrality and network resilience
The community-owned, EVM-compatible network is taking steps to further decentralize its infrastructure. This move aligns with Gnosis Chain's commitment to creating a robust and impartial blockchain ecosystem.
Stay tuned for more details as the launch date approaches.
(O,O) (聽聽聽聽聽 ) --"-"--3.0 Oct 1 2024 Full Stack Decentralization
Gnosis Chain Now Supports Both Geth and Reth Nodes
Gnosis Chain has expanded its execution layer client support to include both Geth and Reth nodes. **Geth Integration**: - Most popular Ethereum execution client - Fully open source with GNU LGPL v3 license - [Setup guide available](https://docs.gnosischain.com/node/manual/execution/geth) **Reth Addition**: - High-performance client written in Rust - Focuses on user-friendliness and modularity - Optimized for speed and efficiency - [Reth setup documentation](https://docs.gnosischain.com/node/manual/execution/reth) These additions provide node operators with more choices for running Gnosis Chain infrastructure.
Gnosis Pay Announces $6,500 in Bounties at ETHLisbon
Gnosis Pay has announced three exciting bounty opportunities at ETHLisbon, with prizes totaling $6,500. Developers can choose from: - Integration with lending markets - AI agent development for Gnosis DeFi - Cross-chain top-up solution for Gnosis Pay Each project offers a chance to contribute to Gnosis Pay's ecosystem while competing for substantial rewards. The bounties aim to enhance payment functionality and DeFi accessibility across multiple chains. **Deadline**: Projects must be submitted during ETHLisbon hackathon. *Ready to build? Join ETHLisbon and start developing your solution today.*
Gnosis Chain Announces Presence at ETHLisbon
Gnosis Chain confirms participation at ETHLisbon, following their successful September 2024 meetup in the city. The team will provide: - Exclusive swag for attendees - Hacker cheat sheets for developers - Direct networking opportunities with team members This continues Gnosis Chain's engagement with the Lisbon tech community, building on their previous event at Goethe Institut which featured discussions with industry leaders.
Critical xDAI Bridge Upgrade: DAI to USDS Migration
A significant upgrade is coming to the xDAI bridge contract, requiring immediate attention from third-party applications: - DAI will be replaced with USDS as the default accepted token on Ethereum - xDAI will continue to be minted on Gnosis Chain - **Deadline**: 8th June 2025 Additionally: - 88.3M ethDYDX tokens remain unmigrated to native $DYDX - Nethermind proposes ending bridge support in ~20 days - Unbridged tokens may become non-convertible after this period Technical details: [USDS Migration Guide](https://github.com/gnosischain/tokenbridge-contracts/blob/feat/xdai-usds-migration/USDSMigration.md#usds-migration) Bridge instructions: [dYdX Foundation Guide](https://www.dydx.foundation/how-to-bridge/overview)
Crypto Solving Real Financial Challenges
Recent developments highlight practical applications of cryptocurrency in everyday financial transactions: - Real-world implementation demonstrated by @functi0nZer0 showcases crypto's ability to address concrete financial challenges - Gnosis Pay partnership with @monerium enables seamless transition between on-chain and real-world transactions - Users can now easily move and spend digital assets in everyday situations *Key Innovation*: Bridge between traditional finance and crypto becoming more accessible and practical.