Biweekly update on @Humanode vol.71
20th March — 3rd April
TL;DR
Hello, human nodes! This report provides an overview of the main news, development updates, and recent events within the Humanode ecosystem. Let’s start!
First, the Humanode Chain has reached a significant milestone with 531 active validator nodes, making it the most decentralized blockchain network. This achievement is reflected in the Nakamoto Coefficient, which stands at an impressive 177. This places Humanode at the forefront of decentralization, surpassing other leading networks such as Mina and Polkadot. The next target is to reach 1,000 nodes, followed by scaling up to 10,000 nodes and eventually millions globally. For more information on how to launch a node, click here.
Furthermore, the BioDeFi LP staking has exceeded $1 million in Total Value Locked (TVL). This Sybil-resistant staking model, particularly the HMND/USDC liquidity pool on Impossible Finance DEX, offers attractive Annual Percentage Rates (APR) ranging from 50% to 500% for liquidity providers of different scales. This fosters a more equitable DeFi ecosystem and incentivizes participation.
Several updates and enhancements have been made in various aspects of Humanode’s development. The Confidential Virtual Machine (CVM) has undergone updates, including dependency upgrades, assembly corrections, and the integration of Docker and gVisor. Experimental research on CVM attestation continues. Research on the implications of the Nakamoto coefficient on network scenarios has also been conducted. Discussions on BotBasher enhancements are ongoing, with plans to integrate Discord usernames after facial scanning and implement a ticket system for streamlined communication. A new counter tool has been deployed in the OAuth 2.0 Service, enabling users to conveniently view the number of online visitors directly on the interface. To maintain platform integrity, an assert on the balance invariants has been implemented, ensuring a consistent and accurate balance of accounts within the system. In line with Humanode’s commitment to decentralization, efforts are underway to contact new biometric providers for collaboration.
As for partnerships, Humanode joined forces with Mintlayer, which stands out with its advanced sidechain solution, aimed at revolutionizing Bitcoin DeFi through the use of its Atomic Swaps in decentralized applications. Humanode is providing Sybil-resistance to the Mintlayer ecosystem using the private biometric verification tech.
In terms of awareness and events, the team organized a workshop on utilizing Humanode Biomapper for Sybil-resistant DApps and smart contracts. Practical exercises and theoretical concepts were explored using the Biomapper SDK. Check out the recording. The latest article on Biomapper, titled “Biomapper: The Developer’s Toolkit for Sybil-Resistant Unique User Sign-ups,” explores how Biomapper ensures unique user verification while preserving anonymity in Web3 applications. A must-read.
The first Humanode-inspired novel, “2067 — The Equilibrium,” has been introduced, offering a glimpse into a dystopian future and the importance of preventing it. Read Chapter 1. Chapter 2. The FireSide event took place on the Humanode Radio channel, providing a platform for community engagement and discussion.
That’s all for today. See you in two weeks!
#Humanode https://medium.com/paradigm-research/humanode-the-humanode-network-is-1-with-a-177-nakamoto-coefficient-biodefi-lp-staking-reaches-862200ede804
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