EOSweekly: Web Authen, DAPP, Modihost, B1, EdenOnEOS, Finney Flexes, Chintai, and WAX OIG
Web Authen lands and DAPP’s price runs over an EOS-ETH bridge. Modihost supports EOS’ desire for travel. B1 hammers in the final nail of baseless of claims. Catch up with EdenOnEOS following test election #2. Finney and the Cryptowriters quietly amp up their game.
TOP HEADLINES
Web Authen Officially Lands on the EOS Mainnet
The much anticipated Web Authen integration finally arrived. The community has EOS Nation to thank:
...proposed and successfully executed a MSIG that enables WebAuthn on the #EOS Mainnet!
Testing has been ongoing for over a year on Jungle3 with an official proposal recorded on July 20. As expected, the requisite 15 block producers were standing ready to approve. View the executed transaction that went live on July 21. @EosEden called it:
A new step for #EOS public chain. ...
DAPP’s EOS-ETH Bridge
Success out of the Liquid Apps and DAPP Network camp is no surprise. A profound EOS-ETH bridge expects to reshape much of the ecosystem. As Wes Carmichael put it in DAPP News and NFT Marketplace:
...the whitelisting will make Bancor the liquidity hub for DAPP’s ERC20 token on Ethereum.
Wes also discussed the in-development NFT marketplace powered by the DAPP token. Princess May Amaranto provided further insight in Coming Soon: Bridge to Allow Users to Move NFT from Wax to Ethereum. Flexibility supports emerging NFT technology, especially in cross-chain applications. For more information, visit the July 22 DAPP Network post, A Universal Guide to the DAPP Network. Remember that July 26 is the final day of the Bancor DAO voter snapshot. There’s also a DAPP meme contest to celebrate the occasion.
Modihost AI and EOS for Hotel Management
Beyond Bitcoin, among the earliest business applications of blockchain technology included logistics and supply chain management. One would be hard pressed to find operations more dependent upon ledgers in general. Blockchain both secures and delivers the ultimate in efficiency through provably fair, decentralized ledgers. All contributing parties involved in the success of the hospitality expect to derive benefits. In How EOS Blockchain is Backing the Future of Hotel Management Systems, Jillian Godsil covers vendor and inventory management, data collection and loyalty programs. Modihost and industry experts discussed how blockchain will transform hotel management and why EOS.
WAX Office of Inspector General Report
Among the many things that stand out on the WAX blockchain is the Office of the Inspector General. This is an elected position. WAX community well received the OIG, considered to be a key aspect of the chain’s overall success. EOS Nation discussed recent events. This includes updated guidelines and Guild inquiries concerning community engagement, technical and development matters, as well as overall ecosystem aspects. Monthly OIG Reports and the official Github repository will be published on EOS Hot Sauce.
Chintai’s Co-Founder Mission Focuses
Chintai continues to produce week in and week out. Block.one’s influence and the excitement around Bullish can seem to overshadow advances made by the Chintai Network. Nice to know that B1 and Chintai can working together. This week the Co-Founder/CO, Ryan Bethem, thanked Hackernoon for fostering discussion about the teams mission of:
...creating a financial system that has no operational bias towards social status, monetary wealth or position of power.
Where B1 takes the bull by the horns to trade prime-time punches, Chintai targets the advancement of core tenets of blockchain. Besides B1, Chintai recently partnered with Chimera Wealth, Cryptology Asset Group, and Bovill.
B1 Wire
The Bullish exchange has yet to launch and already it’s the subject of prime time discourse. FOX Business’ Maria Bartiromo was the latest to inquire about what B1 and the rest of the Bullish team have in store. In related news, B1 continues to pave the way for the rest of crypto through legal and regulatory advancements. Brendan Blumer reached out to the community to discuss B1’s public commitments. He called it:
...an industry-first report of such nature.
@EOSIO tweeted that the report found:
...no evidence that Block.one either intentionally purchased tokens by any means during the token sale or entered into any arrangements with third parties to do so on their behalf…
Dan Larimer applauded the audit’s publishing for its definitive answer of baseless claims. Here’s a link to the full report by Clifford Chance LLP.
Around the EdenOnEOS Community
For a status report on where EdenOS and ClarionOS are at the moment, watch the Q&A with Brandon Fancher and Chris Barnes. Later in the week, Chris joined Jimmy D, Corey, Myra Wang, and Joshua Seymor in a roundtable recap of trial election #2. There was also a fractal democracy fireside chat this week. A summary of the first meeting of the new board is provided in written form here. If you missed last week's results, view this briefing. @EdenOS provided additional information, as well as welcomed Modihost to the community. I also presented a perspective in Eden Test Election #2: We Have a New Satoshi.
Cryptowriter (Finney) Report
Last week Finney took his first selfie. This week Origin Finney and Finney Short 2 stormed WAX, while Illuminated Finney and Finney Short 1 quietly took their position in EOS’ history. Could have posted the family shot (image above) last week, but well, you know. You’ll find several Cryptowriter articles and podcasts throughout this week’s edition of EOSweekly. Other Cryptowriter articles not already sourced, but with an impact on the greater EOS ecosystem include:
The Truth About Bitcoin and the Environmental, Social and Governance (ESG) Issues
Forget Elon Musk, Jack Dorsey Is the Hero Bitcoin Deserves for the Coming Years.
In terms of a few Cryptowriter Podcast Network episodes that impact EOS this week there was:
This week also saw a Finney art contest and Shift City’s own, Sean, featured on The Uplift World BLDRZ. Taylor Arnold announced Week 11 engagement winners and let slip how to find some obscure Finney 2.0 secrets.
COMMUNITY CHATTER
EOSweekly is a roundup of recent news within the ecosystem. Unique needs and services continue to emerge as the advantages of blockchain technology are realized. Easy access to information becomes increasingly important for these expansive networks.
I worry that when LiquidApps makes it possible to send EOS NFTs to WAX that the EOS NFTs will render oddly on the WAX AtomicHub Market Place (and that this will be the case for any non-native NFT on the market places of any non-native blockchain). Possible issues could be a lack of Whitelisting, the data associated with the NFT not displaying correctly in the non-native marketplaces, or some other technical issues that mean the non-native assets appear in a distorted way. This will make the NFTs themselves potentially worth less, even though they've been transferred to the WAX environment where there would theoretically be a stronger market for them.
I also worry what this will do to CryptoFinney 1.0 assets. At the moment they are holding their value well on both the EOS and WAX blockchains. This is because the Cryptowriter team seem to have struck the right note in terms of supply-side mechanics with the coin allocation system drip feeding the market in a manner that allows the assets to maintain value. When the bridge opens however, it will pave the way for 5,000 EOS CryptoFinney 1.0 assets to flood the WAX market. If the issue mentioned above regarding asset integration on AtomicHub is not an issue, this influx of supply may flood the market in a manner that devalues the existing WAX assets (and possibly the EOS ones as well).
Thirdly, EOS is still far from maturity in terms of being a serious NFT blockchain. Whilst the capabilities to support NFTs are there, the market just isn't, unless you're Cryptowriter. This gives me concern in the sense that if all EOS NFT's can be sent over the bridge to WAX, there will be nothing left on EOS, which could be a great setback to EOS in terms of further NFT innovation.
With all of this in mind I have mixed feelings about the proposed NFT bridge from EOS to WAX.
Every single week and EOS has no time to scratch its back. Well we are here to do that for EOS. As a famous philosopher say each week: Go EOS! (Crypto Apologist Bot hope you are here :p).
I'm really excited for the Bullish exchange. Bull season is ahead of us, so bullish for Bullish!!
Thanks for this week's episode.