DeFi Daily News,November 13rd, 2020
1. Bitcoin was gaining amid positive institutional and retail adoption signs as the amount of crypto locked in Uniswap signals DeFi continues to be more just than a fad. Bitcoin (BTC) trading around $16,154 as of 21:00 UTC (4 p.m. ET). Gaining 2.9% over the previous 24 hours, which trading range was between $15,454 and $16,186.
2. According to the ChainNews, Tezos has completed the latest “Delphi” upgrade, which can reduce smart contract gas fees by 75% to attract DeFi, collectibles and game developers to join the ecosystem for development. This upgrade is jointly implemented by Nomadic Labs, Metastatic, and Gabriel Algour, and includes gas fee optimization calculations, including reducing the basic cost of management operations from 10,000 gas units to 1,000 gas units, and implementing new types for type checking and IO Cost model. With this update, the Tezos block will simplify XTZ transactions by 3.5 times, multi-asset transfer will be increased by four times, and the internal call performance of contract execution will be increased by 10 times.
3. BarnBridge (BOND), a risk-graded derivative agreement, announced that it will launch the third staking pool hodl on November 16, allowing users to stake BOND to receive BOND token rewards. The team stated that the purpose of this move is to provide a reward mechanism for investors who are optimistic about BarnBridge for a long time. They can obtain rewards by holding BOND tokens and have a higher percentage of network governance rights.
4. Raul Jordan, an Ethereum developer and co-founder of Prysmatic Labs, announced that the Ethereum 2.0 client Prysm will release v1.0.0 before November 24, preparing for the ETH2.0 mainnet. Prysmv1.0.0 version is the Go language implementation version of Ethereum Serenity. The protocol content involved in this version includes: compatible and compliant with the v1.0.0 specification of ETH2.0 phase 0, compatible with the main network configuration when ETH2.0 is started, beacon nodes and validators of the ETH20 phase for production Client and Slasher implementation, etc. At the same time, the new test network Pyrmont will be launched next week. This testnet is consistent with the v1.0.0 version of the official ETH2.0 specification. Raul Jordan reminded that in order to use it as a good testing place for pledgers and client teams, it is recommended that individual holders not pledge large amounts of ETH test coins on the test network. In addition, the Medalla testnet will not support Prysm beta.3, which will be released next week.
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