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Dev Updates: Bridging to Terra, Focusing on Validators and Staking

Feb 8, 2022

AI Summary

Here's your AI summary of Dev Updates: Bridging to Terra, Focusing on Validators and Staking on Aleph Zero blog

Top 10 key takeaways:

  1. Smart Contracts Development: The team has been focused on bringing smart contracts to the Aleph Zero blockchain.
  2. Launch of Smartnet: A new test environment called Smartnet has been launched for developers to experiment with WASM smart contracts.
  3. Smartnet Accessibility: Smartnet is accessible at smartnet.alephzero.org, with a hands-on tutorial available in Aleph Zero Docs.
  4. Documentation: More extensive documentation, including tutorials for Solidity developers, will be released soon.
  5. Codebase Improvements: Work continued on low-level components, including a transaction batching module and enhancements to the network layer and block finalization efficiency.
  6. Bridge to Terra/Cosmos: An initial design for the Aleph Zero/Terra/Cosmos bridge has been completed, preparing for future implementation.
  7. Strategic Decision: Bridging to Terra is seen as a strategic move due to Terra's significant DeFi ecosystem and its numerous bridges to other networks.
  8. External Validators: Plans are in place to open the testnet for community members interested in running their own nodes as validators.
  9. Validator Registration: Community members can register their interest in becoming validators.
  10. Staking Information: More news on staking, delegation, and becoming a validator will be shared soon.
AI Summary

The first weeks of 2022 have been a busy and productive time for our development team. The main focus of our efforts has been centered around bringing smart contracts to the Aleph Zero blockchain. We have prepared and launched the Smartnet—a brand new test environment, where smart contract developers can experiment and get familiar with the latest features of the WASM smart contracts ecosystem.

Launching Smart Contracts, Optimizing Block Finalization

The Smartnet is accessible at smartnet.alephzero.org. Make sure to check out our hands-on tutorial over at Aleph Zero Docs. More extensive documentation will follow, including tutorials targeted specifically towards Solidity developers.

? Experiment with the Aleph Zero Smartnet.
? Read the documentation.
? Learn more about what Smartnet is.

Besides that, we continued work on various low-level components of our codebase, including the addition of a transaction batching module and significant improvements to the network layer and to the efficiency of our block finalization.

Bridging to Terra / Cosmos

On top of that, we finished an initial design of the Aleph Zero / Terra / Cosmos bridge as a preparation for the upcoming implementation. Given the rapid growth of the Terra DeFi ecosystem and the possibility to indirectly bridge to Ethereum as well, we believe this is to be a valid strategic decision for the Aleph Zero platform. Terra is the largest chain in the Cosmos ecosystem, boasting a significant number of dapps and users. Moreover, Terra itself has a notable number of bridges to other networks.

External Validators: Coming Soon

Aleph Zero staking

Our plan for the upcoming weeks is to focus on opening our testnet for community members, who would like to participate in the Aleph Zero blockchain by running their own nodes. You can register your interested in becoming a validator today. You can also learn more about staking your AZERO.

Stay tuned for more news on staking, delegation, and becoming a validator!

Tags:

Adam Gagol

Co-founder

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