Neo Information: Evaluation Week – December 28th – January third

NEO

The Neo Foundation hosted an AMA on their official Telegram channel to discuss Neo3’s governance and voting incentive mechanisms. NF developer community strategist Longfei Wang explained how council members and consensus nodes will work in the governance model, examples of topics that can be put to a vote, the distribution of GAS to NEO token holders, and much more.

Da Hongfei was featured in a CoinTelegraph article that offers insights into how blockchain will succeed in 2020 and what it does in 2021.

Annual review

Neo News Today published a series of 2020 articles in the Neo Ecosystem. The Year in Review series focused on Neo3’s progress, community development, community engagement, and gathered input from various representatives of the Neo ecosystem.

The community development overview summarized the progress of Neo’s global developer communities. As NGD and the core developers continued to develop Neo3, the developer communities revised and redesigned the existing infrastructure for the new environment. In preparation for the Neo3 MainNet launch, updates were made to tools for Python, Java, Go, JavaScript / TypeScript and other languages.

In the community engagement function, the strong contrast between 2019 and 2020 in events, networks and promotional activities was highlighted. While numerous conferences, workshops, hackathons and meetups took place in 2019, 2020 showed the rise of the virtual event. During the relentless disruption of global shutdowns, 2020 made the distributed nature of the blockchain industry shine. While the traditional stationary industry was forced to adapt to survive, blockchain developers continued to contribute to code bases. Meanwhile, event organizers, marketers and conference organizers have adapted to the new normal, resulting in a series of virtual events.

The Neo3 development article tracked the progress of Neo3 in 2020 following the initial release of Preview1 in September 2019. Developer friendliness remained a strong motivation, helped by new features such as integrated Oracle services, an identity protocol, and support for off-chain storage was made via NeoFS. In addition to new features, core development also focused on improving performance and network throughput, improving modularity, and implementing governance functions. At the end of the year, Neo3 Preview4 was released.

Finally, NNT published the personal reflections of various representatives from across the neo-ecosystem for the reporting year. Participating groups included NGD, NF, O3 Labs, Neo Economy, NEO • ONE, NeoResearch, AxLabs and COZ.

NNT catching up

NNT hosted Mark Jeffrey, CEO of the Guardian Circle community’s emergency response app, on the NNT podcast. Topics for discussion included user growth trends in 2020, GUARD network activity, US panic button laws, DeFi, bill lending, and more.

GhostMarket recently launched its uMint NFT Factory, which allows users to mint custom, non-fungible tokens. The uMint NFT Factory enables users to create NFTs with custom properties and attributes such as images, total offer and various metadata. GhostMarket currently supports NFT imprinting on the Phantasma blockchain. However, smart contracts for NFT trading and coinage will soon be supported on Neo and other blockchains.

Neo News Today hosted Degen Power for the series Know Your Validator – Switcheo. Degen Power is a cross-continental team of four employees who have been working in the blockchain sector since 2017 and come from various professional areas. Degen Power is currently entrusted with the fourth largest overall share in the Switcheo network and attaches great importance to being actively involved in the Switcheo community.

Degen Power recently founded the Switcheo Discord group and donated 50% of their Validator earnings to the Switcheo Community Fund. Degen Power also shares 25% of its profits with “dedicated delegators” who hold SWTH tokens and place 100% of their tokens with at least 100,000 on the group.

Developer groups

The Neo St. Petersburg Competence Center released Neo3 Preview4 benchmark performance results for C # and NeoGo nodes that were tested in single and four-node scenarios. As before, the benchmark tests showed improvements in throughput per second. Concluding the update, Neo SPCC stated, “We hope these metrics will enable us to drive a DeFi-enabled future.”

O3 Labs released its 2020 annual report with a look back at the creation of the new team, branding updates, the development of its new wallet app, the launch of a new website and much more.

Ecosystem

On December 29, Switcheo proposed Proposal No. 5 to improve TradeHub to offset the reward weights for Switcheo TradeHub’s spot liquidity pools. The proposed balancing goal is to reduce the rewards for pools that have not attracted liquidity providers or pools associated with under-volume markets.

December 31 SwitcheoTIP No. 5 passed with 74.17% yes-votes.

On January 3, TranslateMe announced plans to gently launch its instant machine translation services and urged developers to test the API.

Tags: AxLabs, COS, GhostMarket, WÄCHTER, NEO, NEO-ONE, Neoökonomie, NeoResearch, NeoSPCC, O3, SWTH, TMN

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