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Knowledge Hub

August 5, 2024

July Development Update: Open Testnet Launch, CosmWasm Integration, and More

TL;DR: In July, we launched Empe Blockchain’s open Empe Testnet, drawing 100+ validators in 48 hours. Key updates include monitoring tools, wallet support, CosmWasm integration for smart contracts, enhanced vesting accounts, and a linear inflation model for stable token release. These steps are vital for a secure and efficient blockchain platform.

Our journey to create the highest value End-to-End verifiable Data Infrastructure (EVDI) on the market is marked by continuous improvement and a deep commitment to our users. As we continue to pour precious hours into research and development, always listening closely to your feedback, we’re excited to share our progress in July.

 

Empe Blockchain Infrastructure Development

In anticipation of the upcoming Empe Blockchain mainnet launch, we have built and configured our core network infrastructure. At its heart are the main validator nodes, which form the backbone of the system. To safeguard these critical components, we’ve established sentry nodes as a protective shield. These nodes act as the primary interface between the validators and the external network, mitigating potential threats. This robust infrastructure is essential to ensure the network’s stability and security as we approach the highly anticipated mainnet launch.

 

Open Empe Testnet Launch

July marked the successful launch of our open Empe Testnet, attracting over 100 external validators within the first 48 hours of operation. To facilitate this successful launch, we integrated essential tools like testnet.ping.pub for comprehensive monitoring and Keplr wallet support for EMPE tokens, and published comprehensive technical documentation, to ensure a smooth onboarding experience.

The current validator count exceeds 150 and is steadily climbing. This surge in validator participation brings forth a multitude of advantages. Enhanced network security safeguards the system against potential attacks. Decentralization fosters trust and transparency within the Empeiria ecosystem. Moreover, the robust foundation laid by the Testnet paves the way for future scalability. This achievement wouldn’t be possible without the incredible support of our community, highlighting the growing excitement surrounding Empeiria’s innovations.

 

Integration of CosmWasm for Smart Contract Functionality

Empe Blockchain now supports CosmWasm, enabling smart contract functionality from day one. This integration allows developers to create and deploy smart contracts seamlessly, enhancing the versatility and utility of our platform. The addition of CosmWasm support marks a significant milestone in our journey towards creating a more versatile blockchain ecosystem.

 

Vesting Accounts Module Enhancements

To provide greater control and security for vested assets, we’ve enhanced the vesting accounts module. Users can now create new vesting accounts based on existing ones. These new accounts adhere to the same or more stringent lock-up periods and parameters as the original accounts. This functionality ensures that funds remain securely locked and transparent for all stakeholders, providing a robust framework for managing vested assets and fostering trust and confidence among all stakeholders.

 

Linear Inflation Model Adoption

To address the limitations of the dynamic inflation model traditionally used in Cosmos-based blockchains, we have adopted a linear inflation model for Empe Blockchain’s minting module. This new approach releases a fixed number of tokens over specified periods, as defined during the genesis stage. Additionally, the inflation rate will gradually decrease over subsequent periods. This predictable and transparent model aims to provide a more stable economic environment for our blockchain ecosystem.

 

Proof of Attendance with Passwordless Authentication based on the Proof of Purchase

We have successfully integrated a passwordless authentication system, allowing users to securely access their Proof of Attendance (PoAP) using Proof of Purchase (PoP) credentials. This system leverages unique PoP tokens to authenticate users without the need for traditional passwords. The backend services have been enhanced to generate and manage unique PoP tokens for each purchase, ensuring secure and verifiable access to related PoA records. The user interface has been updated to streamline the passwordless login process, providing a simple and intuitive flow for users to authenticate using their PoP credentials.

 

Schema Update for Proof of Attendance & Proof of Purchase

We have finalized and approved new data schemas for Proof of Attendance (PoAP) and Proof of Purchase (PoP), ensuring compatibility with industry standards. Backend services have been updated to support the new schemas, including adjustments to the data storage architecture and API endpoints to handle the additional data fields and types.

These advancements are crucial steps toward a more secure, efficient, and developer-friendly verifiable data infrastructure. Your ongoing support and insightful feedback play a vital role in this journey, and we sincerely appreciate both.

Follow Empeiria on X, or LinkedIn for the latest news & updates. For inquiries or further information, contact Empeiria at [email protected]

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