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Reef Explorers Series Episode 0 Recap!
June 26, 2023
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In the first episode of the Reef Explorers Series, hosted by our DevRel, Janesh Balchandani, we take a journey through the Reef Chain, a cutting-edge Gen III Layer 1 blockchain.

Read the recap below to learn more about the session.

Introduction

Hello & welcome to all the Reefians to Episode #0 of the Reef Explorers Series. Today we are going to take you all through the uncharted lanes of Reef Chain. So let’s get started on All things Reef!

Reef Chain is a modular Gen III layer 1 blockchain introduced to shape the future Web3, and with time it has evolved to become the hub for all sorts of dApps such as DeFi, NFT, Gaming, Infrastructure, and more. It incorporates EVM-compatible architecture with MultiVM support. It uses the Nominated Proof of Stake or NPoS consensus model where developers can build the next state-of-the-art DApps.

Why Choose Reef Chain and NPoS?

Now you all be wondering why NPoS and not PoS. So, NPoS combines the security of PoS with added benefits of stakeholder voting, where only nominated nodes are allowed to participate in block validation. NPoS is designed to incentivize good behavior and filter out malicious activity on the blockchain. Such features make Reef Chain an ideal choice for developers to build and expand their dApps/projects.

Developer Support and Tools on Reef Chain

Moving forward to more about Reef. We are going to explore Reef Chain’s Developer Support system, which offers a variety of in-house tooling infrastructure to enable smooth onboarding into the Reef Ecosystem.

Tools such as Reef Wallet Extension, Reef Exclusive Remix IDE, Reef Hardhat Support, and Reef Web3 Provider help in the whole development process.

Reef Wallet Extension allows safe interaction with Reef Chain without exposing private keys. It allows account creation and binding EVM addresses to interact with EVM Smart contracts.

Reef Exclusive Remix IDE provides an in-house development environment for developers.

Reef Hardhat Support is for contract testing and deployment.

Reef Web3 Provider is for establishing a connection to interact with the network.

An Expansive Ecosystem

The ever-growing ecosystem of Reef Chain incorporates a vast number of Exchanges, dApps, Wallets, DeFi, NFT, Gaming, Infrastructure & Security projects. With prominent names such as Binance, KuCoin, Sqwid, Huddle01, Halborn, Klever Wallet, Subsquid, Push Protocol, and many more.

Future Plans and Highlights for 2023

Reef also has a very exciting & promising plan for 2023, where the key focus is going to be on User Experience, Platform Features & Performance, Ecosystem Growth, and Developer Support. Some of the Key Highlights are:

Reef Mobile Wallet: which will allow you to access the power of Reef Chain right from your pocket. The wallet will also be integrated with the most used dApps, such as DEXes and NFT marketplaces on Reef Chain.

Reef Mobile UI Kit: The UI kit will contain built-in tools and components which will tremendously reduce the technical barrier for building mobile dApps on Reef Chain. It will also have a consistent design language and support for popular mobile frameworks.

On-chain Governance: Reef community members are already able to nominate validators as part of on-chain governance, and this year we’re going to extend it. Community members will have a voice in all the decision-making related to the Reef Chain governance.

DAO Tooling: Managing the Reef DAO will be an involved process where we’ll also empower our community by providing all tools and applications which will be essential for seamlessly governing and managing the Reef Chain.

Reef dApp Store: We will be launching the Reef dApp store, where users will be able to see and access the dApps deployed on Reef Chain all in one place.

This will immensely help users to track, analyze and even discover new decentralized applications best suited to their requirements.

Developer Programs such as Open-Source Activities, Hackathons, Bootcamps, Workshops, etc.

Well, we are not going to stop here, but these are some of the most exciting plans that I really feel like sharing with the community.

Reef Labs Accelerator Program

So now as we have covered most of the areas, I would like to share an alpha with the community about Reef Labs.

Here at Reef Labs, we are going to help passionate developers bring their ideas to fruition. The program will support developers building on Reef Chain through all means possible, whether it's technical know-how, networking opportunities, or even financial aid. To expand this initiative, we have introduced the Reef Labs $10 Million Accelerator Program where we aim to assist, foster, and invest in aspiring Web3 developers, teams, and ventures. We’re confident that this initiative will go a long way in attracting the best minds to Reef Chain.

Conclusion

So at the end of all the discussions that we had today, I am confident that you all will have a clear picture of Reef Chain, and you all will take a deep dive into the whole Reef ecosystem and start exploring and building on all your great ideas. For any doubts or queries, you all can join Reef’s social channels, and we, the Reef team, will be more than happy to help you out anytime.

For the next episode, stay tuned for more updates and Alphas! I hope you all really enjoyed today’s episode.

With this, I, Janesh, the Lead DevRel Engineer, will be signing off. Peace Out!

About Reef

Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, affordable transactions, and utilizes Nominated Proof of Stake, extensible EVM, and on-chain upgradability. Reef is the future blockchain for NFTs, DeFi, and gaming. It can easily accommodate the needs of the future of Web3 development. Reef is an ideal blend of old and new, a trait that makes it eternal and timeless.

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US Dept of Commerce to publish GDP data on blockchain

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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