LikeCoin Community Update #202108

Table of Contents

July was a busy month, LikeCoin chain upgrade and new features deployment were on full speed. Here’s a quick recap of the LikeCoin Community Call on 2021.08.02 (Mon) 1030–1100 GMT / 1820–1900 (GMT +8).


Progress Update

LikeCoin chain upgrade

Testnet upgrade was successful on July 28. Validators spent the night running through the upgrade process. There was a hiccup during the upgrade but Chung did a live bug fixing then things worked out. The upgrade procedure documents will be updated and proposal 15 is raised by validator Sixwood to initiate the Mainnet upgrade. The proposed date will be on August 18, 20:00:00 +8 (1629288000 in Unix timestamp) and the proposal is on voting period now. Go to the LikeCoin Discord #Validators channel for more details.

Brand New Feature: Keplr wallet integration

From now on users will be able to register a Liker ID with Keplr wallet. Keplr supports IBC (Inter-Blockchain Communication), connection to the hardware wallet, and Liker can manage his/her own private key.

Civic Liker Classic

Last year December Civic Liker was upgraded to be Civic Liker 2.0 and supporters can focus on supporting his/her beloved content creators wholeheartedly by monthly subscription. However, some users are craving for the old scheme to return. Therefore Civic Liker Classic is here while users can subscribe to Civic Liker Classic to distribute their USD 5 monthly subscription by clapping the LikeCoin button on an article. From now on supporting creators is becoming easy and flexible.


Partnerships

Arweave

LikeCoin will integrate with Arweave as an additional storage solution other than IPFS.

Numbers Protocol

Sofia Yan, co-founder presented their project: providing a data traceability system to secure data integrity and history. LikeCoin planned on token swap with Numbers Protocol as both projects shared similar interests.


Ecosystem

LikeCoin Grants update

As the community is busy preparing for the chain upgrade, there are no new proposals in July. All the existing proposals were assessed, the documents and knowledge base moved to Notion, which is easier for everyone to follow the progress.


Action Items

  • Token swap with number protocol, will consult the community, and pass a proposal before the end of August.
  • Decentralize the private key which Kin is holding, community members are welcomed to volunteer themselves to shareholding the private key and countersign for fund delegation.
  • There is a community fund approver vacancy as one of the committees resigned. Community members are welcomed to volunteer themselves. The reelection timetable is on LikeCoin Discord #likecoin-governance channel.

Next community call

LikeCoin community call is scheduled on the first Monday every month.

The next meeting will be held on 2021.09.06 (Mon) at GMT +8, 1820 in meet.google.com/ovn-smic-auu