Monthly Insider by Concordium
Welcome to the October 2024 edition of our newsletter, where we bring you the latest updates from the world of Concordium!
Protocol 7 Now Live on Mainnet
Protocol 7 has launched on Concordium’s mainnet, bringing critical updates to enhance network efficiency and flexibility. This upgrade optimizes smart contract execution, introduces flexible staking options, and paves the way for future light nodes. Additionally, shielded transactions have been removed to align Concordium with regulatory standards and drive ecosystem growth.
Read the full article: https://medium.com/@concordium/concordium-protocol-7-more-efficient-smart-contracts-and-flexible-cool-down-2f9b4b170916
Governance Committee Decisions: Community-Driven Changes
Following the June on-chain elections, Concordium’s Governance Committee has implemented key updates to tokenomics. These include a reduced cool-down period for staking, a decreased CCD mint rate, and adjusted transaction fees, all in response to community feedback. This committee, including newly elected members Andreas Baidas and Mikael Bondum, is dedicated to steering Concordium’s evolution alongside its growing community.
Read about the tokenomics update: https://medium.com/@concordium/tokenomics-update-changes-to-the-cool-down-time-mint-rate-transaction-fees-1bd0ac728eb0
Wallet Update – Discover the New Features
On October 28th, we’re rolling out a major update for the Concordium CryptoX wallet across iOS and Android, bringing a host of new features and improvements designed to create a seamless, secure, and powerful user experience. This release includes WalletConnect upgrades for streamlined transactions, message signing, and detailed previews, allowing users greater control and transparency.
Learn more:
https://medium.com/@concordium/cryptox-wallets-biggest-update-yet-e40d7ac95d7a
Join Us at DevCon
This October, Concordium will be at DevCon, presenting the latest advancements in compliance-focused blockchain technology. Join us for workshops, keynotes, and networking sessions where you can connect with our team and learn more about Concordium’s commitment to driving innovation in decentralized finance.
Now available: Q4 Product Roadmap
Entering Q4, Concordium is building on Q3’s momentum with a focus on enhancing user experience, advancing developer tools, and ensuring network resilience. Key initiatives from Q3 are progressing, and new updates are planned to streamline engagement and scalability. Our strategic efforts aim to align with community and governance input. We remain committed to fostering a robust, innovative blockchain ecosystem for our community and partners.
Get all the details of the Q4 roadmap here.