Bandprotocol, BCIP-6: Increase Block Capacity through Request Gas Parameter
With the recent growth of usage from our partners (i.e. Mirror, Injective), there is an increase in requests that fills up to 80–90% of block’ capacity during peak periods. To solve this issue, we are submitting BandChain Improvement Proposal (BCIP-6) to propose parameter adjustment that will increase Block’s capacity.
This proposal reduces per_validator_request_gas from 30000 to 0, decreasing the overall gas used per each request. With each request using less gas, a block that has a gas limit of 8 million can take in more requests, allowing BandChain to process more requests in one block and increase capacity to serve the growing data demand of partners. Specifically, this will increase BandChain capacity to process requests by approximately 25%.
The Outcome of the Proposal
Upon the proposal conclusion on Feb 25th, 2022. There are two possible outcomes:
If the proposal passes, per_validator_request_gas from 30000 to 0. This will increase BandChain capacity to process requests by approximately 25%.
If the proposal fails, BandChain will be reaching block capacity and occasionally experience slower transactions time. We will collect feedback to improve upon what is needed.
👉 And More
With the recent growth of usage from our partners (i.e. Mirror, Injective), there is an increase in requests that fills up to 80–90% of block’ capacity during peak periods. To solve this issue, we are submitting BandChain Improvement Proposal (BCIP-6) to propose parameter adjustment that will increase Block’s capacity.
This proposal reduces per_validator_request_gas from 30000 to 0, decreasing the overall gas used per each request. With each request using less gas, a block that has a gas limit of 8 million can take in more requests, allowing BandChain to process more requests in one block and increase capacity to serve the growing data demand of partners. Specifically, this will increase BandChain capacity to process requests by approximately 25%.
The Outcome of the Proposal
Upon the proposal conclusion on Feb 25th, 2022. There are two possible outcomes:
If the proposal passes, per_validator_request_gas from 30000 to 0. This will increase BandChain capacity to process requests by approximately 25%.
If the proposal fails, BandChain will be reaching block capacity and occasionally experience slower transactions time. We will collect feedback to improve upon what is needed.
👉 And More
Medium
BCIP-6: Increase Block Capacity through Request Gas Parameter
With the recent growth of usage from our partners (i.e. Mirror, Injective), there is an increase in requests that fills up to 80–90% of…
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[Cøco_notice] Nomic ($NOM) Current time the rate of staking is 1,287.51%
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[Cøco_notice] Nomic ($NOM) Current time the rate of staking is 1,262.59%
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Cerberus ($CRBRUS) Airdrop coming to the Cosmos Network
Airdrop will go to:
✅ HUAHUA stakers
✅ ATOM stakers
✅ OSMO stakers
Cerberus will have an initial supply of 97 billion coins with 69 billion Cerberus ($CRBRUS 71.13%) being distributed in airdrops to token holders in the Cosmos Universe. The remainder will be allocated to the community pool (11.34%), growth fund (11.34%), and team fund(6.19%).
Current Launch Roadmap
- Launch Cerberus Mainnet
- Deploy Cerberus block explorer
- Setup IBC relayer between Cerberus chain and Chihuahua chain
- Setup IBC relayer between Cerberus chain and Cosmos chain
- Setup IBC relayer between Cerberus chain and Osmosis chain
- List Cerberus on Osmosis DEX
- Airdrop Cerberus ($CRBRUS) to Chihuahua holder
- Airdrop Cerberus ($CRBRUS) to Osmosis holders
- Airdrop Cerberus ($CRBRUS) to Cosmos (ATOM) holder
👉 And More
Airdrop will go to:
✅ HUAHUA stakers
✅ ATOM stakers
✅ OSMO stakers
Cerberus will have an initial supply of 97 billion coins with 69 billion Cerberus ($CRBRUS 71.13%) being distributed in airdrops to token holders in the Cosmos Universe. The remainder will be allocated to the community pool (11.34%), growth fund (11.34%), and team fund(6.19%).
Current Launch Roadmap
- Launch Cerberus Mainnet
- Deploy Cerberus block explorer
- Setup IBC relayer between Cerberus chain and Chihuahua chain
- Setup IBC relayer between Cerberus chain and Cosmos chain
- Setup IBC relayer between Cerberus chain and Osmosis chain
- List Cerberus on Osmosis DEX
- Airdrop Cerberus ($CRBRUS) to Chihuahua holder
- Airdrop Cerberus ($CRBRUS) to Osmosis holders
- Airdrop Cerberus ($CRBRUS) to Cosmos (ATOM) holder
👉 And More
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Forwarded from 코코인사이드 뉴스 (Cøco)
Reserve for Airdrops II & III - 7,000,000 NOM
Details for these airdrops are TBA and will be included in the upcoming network upgrades. Until then, these tokens are reserved but not in circulation.
Details for these airdrops are TBA and will be included in the upcoming network upgrades. Until then, these tokens are reserved but not in circulation.
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Cerberus ($CRBRUS)
Many people have asked how the airdrop will work for those who validate/stake #HUAHUA #ATOM #OSMO. The team is still working out the airdrop ratio details, which will happen after snapshots.
We must run calculations to figure the ratio based on the number of people staking and coins allocated in the airdrop. The airdrop will take place in three phases. The first airdrop will go to #HUAHUA stakers, the second airdrop to #OSMO stakers, and the final airdrop to #ATOM.
To answer another question, is a minimum needed to be staked to claim? Currently, the answer is no. We would rather distribute based on a set ratio/proportion of what you hold of the other token.
For example, if the ratio was 1:1 that means if you held 10,000 $HUAHUA you would receive 10,000 $CRBRUS. The ratio is only an example and will not be the final distribution ratio.
The airdrops will be roughly 71% of total $CRBRUS supply.
Please retweet and share this thread. This will clarify 99% of the question we have received.
👉 https://twitter.com/CerberusZone/status/1493113287302594561
Many people have asked how the airdrop will work for those who validate/stake #HUAHUA #ATOM #OSMO. The team is still working out the airdrop ratio details, which will happen after snapshots.
We must run calculations to figure the ratio based on the number of people staking and coins allocated in the airdrop. The airdrop will take place in three phases. The first airdrop will go to #HUAHUA stakers, the second airdrop to #OSMO stakers, and the final airdrop to #ATOM.
To answer another question, is a minimum needed to be staked to claim? Currently, the answer is no. We would rather distribute based on a set ratio/proportion of what you hold of the other token.
For example, if the ratio was 1:1 that means if you held 10,000 $HUAHUA you would receive 10,000 $CRBRUS. The ratio is only an example and will not be the final distribution ratio.
The airdrops will be roughly 71% of total $CRBRUS supply.
Please retweet and share this thread. This will clarify 99% of the question we have received.
👉 https://twitter.com/CerberusZone/status/1493113287302594561
Twitter
Cerberus ($CRBRUS)
The airdrops will be roughly 71% of total $CRBRUS supply. Please retweet and share this thread. This will clarify 99% of the question we have received. 🙏😁
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[Cøco_notice] Nomic ($NOM) Current time the rate of staking is 1,209.19%
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