Hi folks, it's time to present the weekly report of the Nutboxes' projects again.
We have experienced an interesting time last week as crypto enthusiastic. First, we witnessed El Salvador started using Bitcoin as legal tender officially; at the same time, almost all cryptocurrencies have experienced a sharp drop. I'm not trying to drop any conspiracy theories here; however, this turns of events does bring some negative light to nations willing to adopt Bitcoin.
In the past few days, fans of Cardano, Solnana, and Polkadot, the most promising tokens, have been arguing with each other about the chosen Ethereum killer, heated conversation trended on Twitter. However, Little do they know that the real killer of $ETH is always their own gas fees.
As the community writes the history of crypto world continues, each events may effect our project and give us ideas to implement more features from popular demands.
What we could do is to learn from others success and mistakes; create healthy competitions so that all of us can improve.
$PNUT Pricing
The $PNUT from Nutbox also fell along with the other cryptos. Restored back to $0.03+ by the end of the weekend. The price has basically stabilized above three cents since three weeks ago.
Of course, in the face of many big established coins/tokens in the cryptocurrency world, $PNUT can still be suspected as a shit token due to the price; but its steady upward trend can bring confidence to all $PNUT token holders. Maybe it has not gone to the moon instantaneously; nonetheless, perseverance and dedication from the development team will eventually help the project to reach the destination.
Total Delegated Mining Power
The total delegated power once again hits an ATH, reaching 9 million. Looking back on today a month ago, the total amount was around 8.3 million; two months ago it was 7.6 million, and on June 12 it was only about 5.8 million. The upward trend is fairly consistent.
Waiting for Walnut's Airdrop
A $TRX/$PNUT swap transaction caught the eyes last week.
The team has planned an airdrop event after the Walnut Network goes live officially; the amount of airdrop will be based on the HODLing of $PNUT on the opening day. An educated guess would suggest that big whales are preparing at the current public beta testing phase. Of course, I also hope that this is the trust of the holders of $PNUT and initiate a big investment. In either case, it is a choice that users who believe in the Nutbox projects.
Walnut Network Updates
The functions and interface of the Walnut Testnet have been updated.
Now we can see how blockchains other than BSC can integrate with the platform.
Allow me to use our beloved HIVE blockchain as an example. A community can create mining by delegation pool from blockchains that offers delegations. Users connect the platform with their HIVE Keychain extensions.
I wasn't part of testing last week due to tasks of my day jobs last week. Therefore, I am not sure if other HIVE Engine based tokens, such as $LEO or $POB, etc., can be invested in this platform. To learn more about tokens on HIVE Engine will be my task this week.
Within the same community, community owners can also set up Polkadot Validator Pool and Kusama Parachain Slot Auctions. The connections is created by using Polkadot{.js} extension.
The following is a list of the results of the Walnut Network updates in the past week:
- Contract and relayer:
- The Walnut Relayer section is testing Steem as an agent for crowdloan's crosschain staking
- Fixed Exector contract execution logic
- Fixed a number of issues in contract scripts
- Ooops:
- Fixed ooops test Flight on iOS
- Walnut Testnet:
- Walnut was deployed to the Moonbeam Testnet for testing
- The Testnet was reset for the first time
- Crowdloan asset creation provides ongoing Crowdloan options
- Added the private key login function of Hive and Steem
- The new version of the V2 prototype design is completed
- Fixed some issues in Bug Bounty
- SlotAuction:
- Added the management page of para chain and crwodloan data