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- The Coinweb Monthly Spin - 14th Edition
The Coinweb Monthly Spin - 14th Edition
Coinweb's Monthly Round-Up And Curated News & Events From The Bleeding Edge Of All Things Web3
HAPPY NEW YEAR
TL;DR
November/December Month at Coinweb:
Developer Portal with documentation launched
$10m Grant Programme launched
SDKs for dApps in production launched
SDKs for dApps on Devnet launched
The new Coinweb Protocol website launched
Toby (CEO) spoke @ World Blockchain Summit
Discord Launched
Coinweb Update
We’ve been shipping, again!
November and December were big months for us as we shipped our Developer Portal, a new website, and a $10 million Grant Programme. The team is currently talking to different possible builders daily about integrating with the Coinweb Protocol. Fortunately, through our own Coinweb events, we’ve built a database of founders and team members from over 200 projects.
Grant Programme: Coinweb Labs is offering grants of up to $300,000 for developers building dApps and Web3 services on Coinweb's scalable and interoperable L2 protocol. Are you a developer seeking a grant? Fill out this form: GRANT APPLICATION
Developer Portal: Developers aiming to start building on top of Coinweb can find all the essential resources at our development portal, located at docs.coinweb.io. This comprehensive portal features SDKs, tools, how-to guides, deep dives into new use cases, and much more.
Production-ready deployment:
Our first sets of SDKs for dApps to be launched in production are based on the functionalities of our Wallet, LinkMint and DeconX. With these tools, developers could easily set up dApps based on:
Wallet Token Support Integration
DEX/CEX Token Support Integration
Blockchain-Agnostic Token Issuance
Telegram Token Issuance Bots
Telegram Coinweb Token Tracking Bots
Liquidity through Bonding Curves
Crypto Bubbles for Coinweb Tokens
Jump Transactions
and more…
Dev Net 0.1:
With our Dev Net 0.1, we are opening up a lot of different use cases to be built on Coinweb.
Capabilities:
L2 High-order Smart Contracts using Javascript
Tools for deploying smart contracts on-chain
Token transactions within the Dev Net chain
Implementation of various logic types
Limited access to L1 data
Version 0.1 of reactive, self-invoking smart contracts
Example Use Cases:
Blockchain Agnostic NFTs
NFT Marketplaces
DEXs
Wallets
Liquidity Pools
DAOs
Web3 Games
Lending/Borrowing
Yield Applications
Derivatives (inc LSDs)
RWA tokenisation
and more…
New Website: We've recently launched a new version of Coinweb.io with a heightened focus on builders. This website emphasizes the technical aspects of the Coinweb Protocol and showcases the ecosystem.
Discord Launched: Although not yet promoted, we have launched a Discord server. This will be crucial moving forward as we start onboarding more and more developers. It will serve as a space for developers and community members to discuss all things about Coinweb. To join, use this link: COINWEB DISCORD
And we shipped even more…
November and December were two major months in terms of delivery from our tech team. Here is a high-level overview.
Dev-team Update
Core - tooling:
Added a verifier tool for the shuffled blocks (i.e. comparing between runs and similar) (part of verifier tool for comparing full nodes)
Devnet:
New docker container image that includes coinweb running on devnet, with supporting tooling (explorer etc) for local development
Better trace errors in the explorer for devnet smart contracts (stderr + stdout)
Create-coinweb-dApp: refresh examples, splitting into several repositories at https://gitlab.com/coinweb/ccd-examples
Create-coinweb-dApp: improvements including
--template foo
not need to specify full repo, naming convention for (react and other front-ends in examples).Core contracts: updates to self-registry, data-hasher, contract-kit
Core contracts: rewritten in typescript
Support scoped contract modules in CWEB-tool
DevOps - core:
Implemented support for deployment of Coinweb to AWS, tuned by AWS professionals.
Core:
Implemented better use of memory cache in the shard computer (l2 computer).
Fix: support smart contract continuations for the tokenization block when there is no withdrawal
Added support for whitelisting smart contracts in beta mainnet. this allows for community voting on bringing select smart contracts from devnet into beta mainnet.
CWEB-vm-lib typescript library exposed which allows easy computation of contract IDs from javascript/typescript
Smart contracts in devnet can withdraw CWEB from the tokenization block
New rust crates for staking and CWEB-wasm-repository, and CWEB-computation-plugin
Better typescript types for the tokenization block
Redid wasm packages to use esm modules by default, i.e. @coinweb/wallet-lib, @coinweb/CWEB-vm-lib
Made
BlockOp
available to devnet. This allows suspending a transaction until a complex combination of L1 events has occurred and enables reactive smart contracts.Made CWEB-virtual-machine and CWEB-claims-proof wasm32-compatible
Merged all Devnet features into Betanet, now gated.
Wallet:
Swap activity minor fixes
Duplicate custom tokens in watchlist
History section spinner added
Various UI fixes
Devnet/Betanet selection in settings
KYC country updates
LinkMint:
Auto-refresh after token add
Documentation:
Added Tony to docs.coinweb.io, a chatbot tuned to know about Coinweb.
Merge requests merged in December: 170
… and will in the near term be shipping:
Coinweb Labs Website:
Like many protocols, we recognise the importance of keeping the centralised part of development away from the decentralised part, the Coinweb Protocol. The new Coinweb Labs website will display the products we’ve built, be responsible for the Grant Programme for projects building on Coinweb and information on licensing and much more.
Partnerships:
We are currently forming a solid foundation of partnerships. This includes strategic partnerships with projects, incubators, accelerators, VCs and more. This is something we’ll have a few announcements around within the first quarter of 2024.
Content Spotlight
🔷A bit on Coinweb's interoperability🔷
Coinweb's interoperability is built on a deterministic model that reflects the state of various underlying chains seamlessly within its protocol. 🔢
This means that any transaction or activity on $BTC, $ETC, $EGLD, and other chains… twitter.com/i/web/status/1…
— Coinweb.io (@CoinwebOfficial)
12:19 PM • Jan 4, 2024
Coinweb is an L2 dApp platform. Coinweb is a trust-minimized cross-chain computation platform. Coinweb does horizontally scalable deterministic computations on top of multiple blockchains, including Bitcoin and Ethereum.
Let's break this down:
— Alexander Kjeldaas 🪙🕸️ (@AKCoinweb)
10:16 AM • Nov 28, 2023
Hope everyone had a fantastic Christmas! 🎅
Now, let's dive into some exciting insights about Coinweb.
Swipe through four pictures for high-level information on our protocol, our key functionality, the economic actors of $CWEB and some statistics.
— Coinweb.io (@CoinwebOfficial)
7:07 AM • Dec 26, 2023
I don't like to be bearer of bad news, but inscriptions have a major flaw that currently makes them centralized.
The evaluation of the inscriptions protocol is not validated. You need to fully trust a webserver, for example ethscriptions.com to not lie to you.
This is… twitter.com/i/web/status/1…
— Alexander Kjeldaas 🪙🕸️ (@AKCoinweb)
9:56 AM • Dec 17, 2023
World Blockchain Summit in Bangkok!
The team attended the World Blockchain Summit in Bangkok, where our CEO, Toby Gilbert, was a speaker. Watch Toby as he shares his analogy on Coinweb’s unique capabilities and functionality, inspired by his earlier entrepreneurship within the telecoms industry.
Watch the video:
Coinweb Stat Attack
Just a reminder of where we are currently, thanks to our wonderful community:
600K+ Unique Users
≈ 1,500 Wallet Downloads
200+ tokens issued on Coinweb
5.79M total transactions
374M CWEB Tokens Staked
$495M Total Transaction Value
5 Project Integrations Live
8 Underlying Blockchains
Through the projects live on top of Coinweb. We have continued growing. See the yearly charts below:
2023 Daily Transaction Count
2023 Daily User Onboarding
Community Shout Out
Engaging with our tweets is instrumental in helping the team connect with new community members and potential developers. As numerous projects express interest in building on top of our platform, cultivating a vibrant community becomes increasingly crucial.
Moving forward, we plan to highlight the most engaged followers in our monthly newsletters. Your likes, retweets, and comments illuminate our digital world, and we appreciate your valuable contributions. They have already led to projects reaching out to the Coinweb team. Thank you!
The most engaged with our tweets in 2023
The most engaged with our tweets in December 2023
Onwards and upwards!