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Elevating the Cosmos SDK: Eden (v0.50)
November 08, 2023
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Eden (v0.50) marks a significant stride in the evolution of the Cosmos SDK, ushering in an era of enhanced modularity and performance.

This release is a powerful confluence of pivotal features, such as the completion of ABCI++, which revolutionizes consensus flexibility, and the introduction of AutoCLI, reducing the complexity of module creation, enabling a smoother and more efficient developer experience.

IAVL 1.0 is another highlight, bringing forth substantial improvements in disk storage and overall performance, representing a critical advancement in the Cosmos SDK infrastructure. New additions like Optimistic Execution further enhance performance, enabling the execution of block time ahead of consensus.

Also notable is the introduction of Sign Mode Textual, improving transaction signing experience, ensuring that the Cosmos SDK continues to stay at the forefront of technological innovation.

Below are some other key and notable changes in the Eden release. You can view the full changelog here.

ABCI++

With this release, CometBFT and Cosmos SDK teams will have delivered the final piece of ABCI++: Vote Extensions. In the previous release, we delivered the preliminary phases of ABCI++: Prepare and Process Proposal. Vote Extensions complete this process by allowing users to add arbitrary data to consensus. Some example use cases include leveraging vote extensions for oracles instead of having validators submit transactions to be included in a block. It also can be applied in conjunction with MEV use cases, addressing front-running issues or implementing Threshold Decryption.

Coinciding with the integration of ABCI++, other changes were made to the core layer including:

  • BeginBlock and Endblock are private and Finalizeblock is exposed for testing purposes. This allows modules to test in the same way as before.
  • When upgrading a chain, Preblock is meant to run before BeginBlock. This will upgrade the chain and migrate state. This was meant as a separation of concerns for upgrades to not conflate it with the normal operations of a chain.

AutoCLI

At the beginning of 2023, we set out to reduce the total lines of code needed to create a module. CLI is optional, but many users do implement it as CLI is used heavily by countless users.

With this in mind, we are pleased to announce the release of AutoCLI in Cosmos SDK Eden.

CLI for your custom modules can now be automatically generated when needed, reducing the amount of boilerplate when writing a module. If you’d like to learn more, the documentation can be found here.

IAVL 1.0

In conjunction with this release, the rollout of IAVL 1.0 has facilitated significant improvements to disk storage and overall performance, with a fundamental change in the key structure of the IAVL tree. In the earlier versions of IAVL, the original key format was a hash key meaning when the dataset grew, accessing the data became slower and less efficient.

The new key structure combines the version and local nonce within the key. The reason that this change improves data locality is because it reduces the randomness in how data is stored on disk. By including the version in the key, nodes are grouped together based on the version in which they were added to the tree, meaning that nodes from a particular version are stored together on disk. Similarly, the local nonce is used to distinguish nodes that belong to the same version but have different positions within that version allowing the tree to keep a specific order for nodes within the same version, again allowing retrieval to be more structured and organised.

Modules

Writing a module has been notoriously verbose in the past, with this release we have made it simpler with things like Collections and ORM. These packages are abstractions over the state layer providing powerful yet simple ways of interacting with state. In the future these packages will export the on-disk schema to be used with query layers, like GraphQL, to build complex and scalable clients. Additional changes include:

  • Gov added expedited proposals and stay tuned for multiple choice proposals and optimistic voting coming the next release.
  • Capability module was moved to the Cosmos SDK module.
  • BeginBlock signature does not import CometBFT types and returns an error
  • Endblock does not import CometBFT unless there is a need to return a validator set. This should be handled by the staking module, leaving all chains to not worry about this.
  • All modules have been migrated to use collections
  • Validate Basic is no longer required and validation of the method can be performed directly in the message server.

GetSignBytes which was part of sdk.Msg is no longer required. It is automatically inferred based on the protobut message. If you have existing modules and would like to keep the same encoding in Amino, you will need to annotate some of the fields in your proto messages. Documentation on the fields can be found here. In order to verify your encoding is the same we recommend creating a golden test.

Optimistic Execution

As previously stated, we are actively towards enhancing performance further and one of the features contributing to this is optimistic execution.

Optimistic Execution is the ability to be able to execute block time ahead of time, having the response ready prior to the consensus layer requesting it. It is Optimistic as it can still be rejected although we are executing the block.

In load tests on Sei Network, Optimistic Execution cut the block time by 50%. On fast block-producing networks like Injective, OE can help the network generate sub-1-second blocks without any extra effort.

To read more on Optimistic Execution, see our blog post here.

Sign Mode Textual

Eden also introduces a new sign mode, sign_mode_textual, which improves the signing of transactions with new hardware devices. The aim is to produce a more human-readable way to approve, review and view transaction details. Currently, this is only available on Ledger devices.

More information can be found here.

Funded by the Interchain Foundation, the development of the Cosmos SDK is led by Binary Builders. For their work and feedback on the Eden release, we would like to thank the following teams: Zondax, Orijtech, Crypto.com, Osmosis and Berachain.

We look forward to hearing your feedback and suggestions on how to further improve the Cosmos SDK.

 

About the Cosmos SDK

Cosmos SDK is the world’s most popular framework for building application-specific blockchains.

Written in Go, Cosmos SDK allows developers to quickly and easily build and deploy application-specific blockchains, reducing time to market, using a framework that is stable, secure and highly performant.

Cosmos SDK is the native application-building toolkit at the core of the interchain.

Learn more about Cosmos SDK or browse the docs here.

 

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The future of Crypto x AI is about to go crazy.

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💠 'Based Agent' enables creation of custom AI agents
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Gold is another distraction...
From Silver... 😉

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And now jobs data and more onchain..
-Michael Cahill CEO Pyth Network

https://x.com/mdomcahill/status/1963959800632410157

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

Source

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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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