The Baking Sheet - Issue #73

November 12, 2021

Welcome to Webꜩ

Welcome to this week's issue of 'The Baking Sheet' -- This past week has been a wild ride that demonstrated the resilience of the decentralization in an open environment and how blockchain can effectively reduce carbon. Let's dive in!

Tezos x University of Cambridge: Carbon Credit

The University of Cambridge is building a decentralized carbon credit marketplace on the Tezos blockchain.

The newly launched Cambridge Centre for Carbon Credits, or 4C, is to "establish a global framework to issue trusted carbon credits that can finance independently, verifiable and accountable nature-based solutions" that will support projects like rainforest conservation and reforestation, said Anil Madhavapeddy, an associate professor of computer science at Cambridge, at the project's launch.

Why Tezos?

For one thing, Tezos does not use the Bitcoin-style Proof-of-Work consensus mechanism that has made mining BTC more power-hungry than the Netherlands — according to the Cambridge Bitcoin Electricity Consumption Index.

And, Madhavapeddy said, Tezos' XTZ cryptocurrency is widely available on exchanges around the world. This is important, he said, because it's "remarkably difficult" to cheaply convert donated funds into the local currencies small landowners need.

"We have to make sure that any schemes we fund can be supported over the course of decades and Tezos is unique among blockchains in that it supports a built-in self-amending mechanism via distributed governance ... This means that the technology we choose will not be left behind, but it will continue to evolve and grow with the needs of the transactions happening with the network, which as I mentioned before, I hope will dramatically increase as the size of the voluntary carbon officer market increases over the next decade."

-- Anil Madhavapeddy

Read the full article on CoinMarketCap

H=N Lives Forever

This week also demonstrated the strength of community and decentralization. One of the top NFT marketplaces in the world, Hic et Nunc, was 'discontinued' by its founder. However, given the nature of open-source, this only means the website that gave access to HEN was taken down. In other words your NFTs live on the blockchain and are forever, you can still access them through your wallet and other platforms like objkt.com and Hicetnunc.art. Within a few hours of the founder announcing he is stepping down, Tezos Commons grantee, Teztools.io, quickly backed the original site and migrated it over to another team building in the Tezos Ecosystem, DNS.

Learn more about DNS's plan for the new iteration of Hic et Nunc here.

This Week in the Tezos Ecosystem

Players at the upcoming EVE Online 'Alliance Tournament XVII' will be able to immortalise their skills in the form of 'NFT collectable kills'.

Discover and Create the latest #CleanNFTs on the largest NFT marketplace on Tezos.

Built on Tezos -- Arago is the first NFT platform dedicated to art photography

“We are excited to announce our support of the @tezos ecosystem. Look out for new listings of XTZ/EUR and tzBTC/BTC soon on Bitpanda Pro! Stay tuned."

Digital Mango, a consultancy firm that helps democratising investment in photovoltaics, has formally announced that it has expanded its involvement within the Tezos ecosystem by becoming a corporate baker

A pet project is a relatively small, simple, yet working product. Developers use them to reinforce their skills, experiment with technologies, and learn teamwork. Tezos Ukraine’s incubator guys have studied theory and performed test tasks already. Now they have joined forces on their pet project, a Tezos blockchain explorer.

Announcing the winners of October for CRP!

This Week in Tezos Development

There is 6 days remaining for the latest Tezos protocol proposal! -- Don't forget to vote!

We are pleased to announce that a second test network has been spawned with a new experimental consensus algorithm: Idiazabalnet includes several new features, such as Tenderbake.

We are a collaborative company dedicated to Tezo’s success. Join us to develop new features!

As announced in our previous blog post, a critical bug was found in the implemention of views introduced in protocol proposal PtHangzHo. Through the joint efforts of Marigold, Nomadic Labs, and Trilitech, we have developed a patched protocol PtHangz2a that includes a fix to this bug, as well as several other bug fixes implemented after injection of PtHangzHo.

Now Streaming

This week on TezTalks Radio we sit down with the founder of an exciting gaming project on Tezos, Dogami, the first virtual petaverse.

Tune in for a great discussion with Max who unfolds his vision of how Dogami can become one of the most popular applications on Tezos

Like to have your news is covered in the Baking Sheet? Feel free to contact us and give us a heads up before every Friday!