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- The Baking Sheet - Issue #175
The Baking Sheet - Issue #175
Tezos Ecosystem Expands with OKCoin Japan's Entry as a Corporate Baker and Introduces Teztale, Paving the Way for Enhanced Blockchain Navigation and Governance
OKCoin Japan Elevates Tezos with Corporate Baking, while Homebase and Teztale Propel Tezos Ecosystem
The Tezos Ecosystem Welcomes OKCoin Japan as a Corporate Baker
In the vibrant and evolving landscape of blockchain technology, the Tezos network has proudly announced the incorporation of a new corporate baker with deep roots in Japan—OKCoin Japan. This marks a significant entry as of November 1, 2023, placing OKCoin Japan among the esteemed ranks of global giants like Google Cloud and Ubisoft, all contributing to the growth and governance of the Tezos blockchain.
OKCoin Japan, steeped in the culture of innovation that Japan is renowned for, is set to provide Japanese users with a seamless staking experience akin to the reliability and precision of a Japanese bullet train. Starting from November 8, 2023, this integration will serve a tech-savvy population that ranks in the top echelon of the Chainalysis 2023 Global Crypto Adoption Index, reflecting Japan's affinity for embracing cutting-edge technologies.
“We are delighted to have OKCoin Japan as a corporate baker on the Tezos blockchain. The Japanese audience will now have access to staking on the Tezos blockchain through the comfort of a licensed virtual currency service provider and earn rewards. We hope that through this collaboration, we will be able to gather the Japanese audience to explore a vibrant ecosystem of games, DeFi, and art communities building on the Tezos blockchain.” — David Tng
In the world of Tezos, 'baking' is the cornerstone of its network security and governance, reminiscent of the meticulous craft of a Japanese tea ceremony—precise, democratic, and efficient. Corporate bakers like OKCoin Japan act as the master tea brewers of the blockchain, ensuring the integrity and robustness of the network.
The role of corporate bakers such as OKCoin Japan is pivotal, infusing the Tezos blockchain with the same dedication to security and innovation that Japan applies to its technology and infrastructure. This partnership not only bolsters the Tezos network but also encourages other enterprises to explore and adopt corporate baking. As the Tezos community celebrates this new addition, the broader implications for blockchain governance and corporate involvement in decentralized networks are clear and we look forward to more corporate bakers joining the ecosystem.
Tezos @ South Beach
As the sun-kissed shores of Miami prepare to host the world's art enthusiasts during the famed Miami Art Week, a digital wave is set to hit the coast. Tezos, a name synonymous with pioneering blockchain technology, is marking its grand return to the event. This year's Tezos presence at Miami Art Week is brought to life by none other than Refraction and Trilitech.
A Melting Pot of Creativity: "Most diverse presentation to date" isn't just a tagline; it's a promise. Tezos is rolling out the red carpet for its creators, collectors, and partners. Whether you're a seasoned Tezos enthusiast or someone just dipping their toes into the blockchain waters, the event promises an immersive journey. Timed perfectly with Art Basel Miami, it's the rendezvous point for the global Tezos art community.
What's on the Agenda:
Date to Remember: Circle December 6th on your calendar as Tezos takes over the Nautilus Hotel.
Exhibitions & Drops: An exclusive showcase of digital art pieces, awaiting your appreciation.
Engaging Panels: Dive deep into discussions with leading voices from the Tezos community.
Showcases: Experience the best of Tezos, from innovations to success stories.
Celebrating Achievements: For the existing Tezos community, it's a time to champion the triumphs of creative innovation across platforms.
Introduction to Tezos: New to the Tezos universe? Get a crash-course on the global success and spirit of its creative community.
With anticipation building, spots are filling up fast. Don't miss the opportunity to be part of this monumental event. Reserve your place now at lu.ma/5p2s4xy0 and dive into the fusion of art and technology with Tezos at Miami Art Week.
This Week in the Tezos Ecosystem
Homebase Empowers Tezos DAOs with New Delegation Feature
Homebase, the pivotal platform for DAOs on Tezos, has streamlined the user experience with a significant feature update—delegating FA2 tokens for off-chain voting. This simplifies the governance process, empowering users to participate in DAO decisions without deep technical knowledge.
What You Need to Know
Unified Platform: Homebase now combines features of the original app and Homebase Lite, catering to full DAOs and Lite DAOs within a single interface.
Delegation Feature: Users can delegate their FA2 tokens for off-chain voting, similar to Snapshot on Ethereum.
Creating a DAO: A governance token supporting delegation is required, which can be created using Homebase's wizard.
Voting Integrity: Off-chain voting weight is determined at the proposal's creation, preventing vote manipulation through token acquisition during the voting period.
User Control: Delegating voting power is possible through the DAO's 'User' section while maintaining token balance.
Streamlined Governance on Homebase
The integration of off-chain voting delegation is a leap towards more dynamic and democratic DAO governance on Tezos. By providing users with the ability to delegate their voting rights, Homebase is fostering a more inclusive and representative decision-making environment.
Embracing the Future
With this update, Homebase reaffirms its position as a cornerstone of the Tezos DAO ecosystem, looking forward to further advancements and enhancements. Users keen on diving into the full capabilities of this feature are encouraged to explore the comprehensive tutorial with images available at Tezos Spotlight.
This Week in Tezos Development
Teztale: Navigating the Tezos Ecosystem with a New Beacon
Imagine a bustling city where every citizen must agree on the time to change traffic lights—this is akin to the consensus needed in blockchain networks. Tezos, like a metropolis, relies on a consensus algorithm named Tenderbake to synchronize its digital denizens. To keep an eye on this urban ebb and flow, Nomadic Labs has unveiled Teztale, a dashboard akin to a control tower for monitoring the city's heartbeat.
A Consensus Compass in a Digital Sea
Consensus algorithms are like the compasses of the blockchain ocean, guiding the network's ships to a harmonious port of agreement. However, choppy waters—network changes and delays—can make steering the ship challenging. Teztale emerges as the lighthouse, illuminating the path to consensus amid the foggy conditions of a dynamic network.
Teztale: The Network's Observatory
Teztale provides a panoramic view of Tezos' intricate network dynamics. It's as if you're standing atop the highest tower, watching over the rounds of consensus—proposal, pre-attestation, and attestation phases—unfold in the city below. Each round is a street corner, where the city's inhabitants—nodes and bakers—converge to agree on the direction of traffic.
Gathering Data: A Network's Pulse
The Teztale UI serves as the city's information hub, collecting data from the archivers—akin to sensors spread throughout the cityscape. Whether you're using Teztale's native server or connecting to an external one, you can aggregate data from various archivers, much like combining observations from multiple weather stations to get the city's accurate meteorological picture.
The Level Page: A City Map
On the level page, Teztale offers a map to navigate the Tezos network. You can follow the city's pulse in real-time or step back to survey the historical landscape. It's like having a drone's-eye view of the city, where you can zoom in on a particular district (block level) or rewind to observe the traffic patterns of a past date.
Insightful Features: Tools for Exploration
Teztale arms you with a suite of analytical tools:
Histograms: These are like the timelapse videos of the city, charting the flow of traffic—proposals and attestations—across the Tezos network.
Tables: Think of these as reports from different city departments, categorizing the participation of each node in the consensus process.
Delegate Stats: This is akin to performance reviews for the city's workers, highlighting how each baker contributes to the overall harmony of the Tezos ecosystem.
A Beacon for All
Initially a guiding star for Nomadic Labs’ Incident Response Team, Teztale's usefulness extends to any participant in the Tezos network. Whether you're a developer looking to understand the intricacies of Tenderbake or a baker aiming to perfect your role in the network, Teztale is your go-to dashboard.
In the digital metropolis of Tezos, Teztale stands as a beacon of clarity, guiding the network through the complex dance of consensus. It's a testament to Nomadic Labs' commitment to transparency and the smooth operation of the Tezos blockchain, ensuring that every tezonian can navigate the cityscape with confidence.
To read more about Teztale and walk through a comprehensive guide, check out Nomadic Lab’s blog post.
TzSafe has introduced an update to its TzSafe UI wallet creation process, integrating the TZIP-27 specifications to improve user experience and efficiency.
Key Updates:
TZIP-27 Specification Compliance: The wallet creation on TzSafe UI now adheres to TZIP-27 standards, enhancing the functionality and security of wallet interactions.
Proofs via Events: Users will receive transaction proofs through events, streamlining the multisig wallet experience.
dApp Transaction Awareness: The update provides improved awareness of transaction occurrences for dApps, offering a more transparent user experience.
Storage Fee Reduction: The introduction of event-based proofs significantly reduces storage fees for users.
Future Developments:
Beacon-SDK Integration: Upcoming integration with beacon-sdk's new release, aiming to bolster the UI experience by incorporating TZIP-27.
Audit Report Refresh: An updated TzSafe audit report is in the works, promising to deliver the latest in security compliance and insights.
For a deep dive into the new features and their impact on dApp development, refer to the comprehensive guides available at TzSafe Documentation.
LigoLANG proudly presents the latest update with version 1.1.0, boasting significant improvements and additions:
Management of interfaces in JsLigo
A fully prepared debugger
Enhanced project root management in LSP
Beyond these technical upgrades, LigoLANG is also expanding its educational offerings:
New instructional videos
Bounty programs for users
An advanced Web IDE
For complete details on the update, explore the changelog at ligolang.org.
Now Streaming
TezTalks Radio: Malachi
In this week's episode, we're featuring Malachi, a selected artist from The Champ Medici Arts Fund.
Malachi, also known as The Wright Artist, hailing from the humble village of Dixmoor just outside Chicago, has emerged as a prominent artist on the global stage.
Now Streaming Everywhere: