Project Progress

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Bittensor co-founder calls for restarting subnet community voting governance, criticizing Covenant AI founder’s decisions as malicious

Bittensor co-founder Jacob Steeves responded to Covenant AI’s exit from the network, proposing to restart the subnet governance mechanism and bring in community votes to elect the team. He believes this is an opportunity to redefine the subnet’s form and criticized Covenant AI’s founder’s decision-making.
TAO-0.17%
GateNews·04-10 05:03
Bittensor co-founder calls for restarting subnet community voting governance, criticizing Covenant AI founder’s decisions as malicious

Bitcoin community gospel! The first quantum-resistant Bitcoin trading solution that requires no soft fork, QSB, is here

StarkWare’s Avihu Levy publicly unveils a post-quantum bitcoin trading scheme, “Quantum Safe Bitcoin (QSB),” which can fend off quantum attacks without modifying the Bitcoin protocol. QSB addresses the quantum-safety problem using a hash function; it runs within the existing framework, and each transaction requires roughly $75 to $150 in computational fees. The scheme has not yet been integrated into consumer wallets, so users should avoid reusing addresses and monitor the wallet development progress.
BTC-2.43%
ChainNewsAbmedia·04-10 04:44
Bitcoin community gospel! The first quantum-resistant Bitcoin trading solution that requires no soft fork, QSB, is here

Pi Network version 21 released; mainnet RPC and smart contract acceleration are advancing

Pi Network released version 21 on April 9. The key update is that the testnet RPC has officially gone live, providing developers with a secure environment to test smart contracts and DApps. Next, smart contracts are expected to be deployed within two months, enabling Pi幣 to transition from a community token into a functional digital asset and to support DeFi applications and automated workflows, while also advancing the KYC migration to ensure compliance.
PI2.02%
MarketWhisper·04-10 01:50
Pi Network version 21 released; mainnet RPC and smart contract acceleration are advancing

Covenant AI announces its exit from the Bittensor network, questioning its governance being centralized.

Covenant AI announced that it is exiting the Bittensor network, questioning the authenticity of its decentralized governance structure and believing that decision-making power is centralized and lacks transparency. In recent subnet operations, it encountered improper behavior such as adjustments to management privileges. It believes this is inconsistent with the principles of decentralization. Covenant AI will continue to push forward in the direction of decentralized AI training.
TAO-0.17%
GateNews·04-10 01:03
Covenant AI announces its exit from the Bittensor network, questioning its governance being centralized.

WLFI responds to lending concerns, saying there is no liquidation risk; next week it plans to submit an early token unlock governance proposal

WLFI’s official response to market concerns says there is no liquidation risk, and that it relies on adding collateral to handle market volatility. Current annualized revenue is about $159.5 million, and it is set to buy back 435 million WLFI tokens. Next week, it will put forward a governance proposal to discuss unlocking early locked tokens and upgrading the USD1 feature.
WLFI-1.27%
GateNews·04-10 00:30
WLFI responds to lending concerns, saying there is no liquidation risk; next week it plans to submit an early token unlock governance proposal

Circle launches a CPN hosted payments product, allowing financial institutions to operate on its payment network

Circle’s official announcement: it is launching CPN managed payments, enabling banks and fintech companies to conduct fiat and stablecoin transactions on the Circle Payments Network without having to manage digital assets or compliance requirements themselves. This will accelerate the adoption by global financial institutions and expand Circle’s product lineup.
GateNews·04-09 14:42
Circle launches a CPN hosted payments product, allowing financial institutions to operate on its payment network