Proposal 2210-7 : Donor-Directed Community Wallets

Proposal Type: Signalling
Champion: TBD
Date: 12 October 2022
State: Draft / Work in Progress

Context

This proposal is focused on improving alignment of community wallets through governance levers.

As a reminder, all community wallets are owned by a real world entity, not by the chain. As such those real world entities have real world liabilities if they misuse the funds donated to them. This off chain governance layer is expensive and slow to catch problems. Smart contract capabilities can help create proper governance.

Current Challenges:

  • Community wallets hold a great amount of coins, but most are inactive.
  • There is a perception that community wallets are for enrichment of participants (not donor directed funds for growth).
…

Proposal 2210-8 : Infrastructure Escrow Funding

Proposal Type: Signalling
Champion: 0o-de-lally
Date: 12 October 2022
State: Draft / Work in Progress

Context

If the Final Supply proposal (2210-1) passes, an Infrastructure Escrow Community Wallet will be created to provide future validator rewards; this is a replacement for the daily minting of coins. The need for validator incentives will remain after minting of new coins stops, and this fund is designed to fill that gap into the medium term future (5-10 years). 

Note that the re-basing contemplated by the Final Supply proposal means that the total supply will increase by a multiple. That multiple can be applied equally to all wallet types or distributed among the wallet holders in a variety of unequal fashions.…

New Milestones for Carpe

The 0L Network today reached a new record in terms of activity on the network: The daily number of active Carpe miners topped 2,000 for the first time today, with 2,080 installations running and earning tokens today. The number of active Carpe miners has been increasing steadily across the last 30 days, as new users have joined the community and discovered how easy it is to run Carpe and earn rewards.

Also on this date we have released a newly updated version of Carpe – version 0.5.0. Here’s what’s new:

  • Wallet-to-wallet coin transfers
  • Better reliability connecting to the chain
  • Dynamic VDF proofs (improving network and miner performance!)
…

Spring Forward 

Growth requires challenge. 

There was plenty of such fuel over the last several weeks, challenging our community to run a functional and fair network that is more poised for growth. This announcement will detail what has happened, how we addressed it and how, along the way, we solved a number of different problems and improved prospects going forward.

On 9 April 2022, the 0L Network halted. Multiple factors combined to create the incident; factors that started small and cascaded until the entire network ceased to produce blocks. While the detailed causes and the technical forensics have been discussed at length in our community meetings, the important point to raise here is that the halt was avoidable – or rather would have been avoidable – had a sufficient number within our validator community been more attentive to their machines and taken steps in a timely fashion.…

Carpe Goes Multilingual

We’ve released, today, a new version of the 0L Network’s Carpe Wallet & Desktop Miner. This release (v.0.3.0) is our latest release in the Carpe Beta series and includes significant new functionality, including multilingual support and a new tab “Events”, which displays a list of events associated with your account (i.e., when coins move in and out of the wallet). This latest version ships with Chinese, Portuguese, and French language support. It is our plan to add additional languages in the near future.

To upgrade to the latest version, simply shut down and then restart your Carpe instance. You should be prompted to install the new version.…