📢 Protocol Updates and Releases
Findora contributors remained busy throughout November, providing a number of updates and upgrades to the blockchain.
Introducing the Rialto Cross-chain Bridge 🌉
The Rialto Cross-chain Bridge is a two-way token bridge that enables seamless ERC-20 (or BEP-20) transfers between Findora (via the Findora EVM layer) and Ethereum (or Binance Smart Chain). With Rialto you can lock Ethereum or BSC native assets in the bridge contract, and an equivalent token on Findora will be minted and be used within DApps empowered by Findora. Rialto is currently deployed on the Findora Forget testnet.
The initial launch of Rialto on the Findora mainnet will first support popular tokens such as ETH, BNB, BUSD, USDT, USDC and Bitcoin to cross over to the Findora network as FRC-20 tokens — Findora’s version of the Ethereum ERC-20 standard. To incentivize users to bring assets over to the Findora ecosystem, Rialto will reimburse users’ gas fees via FRA tokens.
Findora Hackathon on Gitcoin
🍂 Falling for DeFi on Findora 💟 is hosted on Gitcoin, with a focus on DeFi and EVM compatibility on Findora’s Forge Testnet. After more than a month of hard work including a series of weekly developer workshops and updated documentation, nearly 300 hackathon registrants have been diving into innovative ideas including private lending pools, private stablecoins, Golang SDKs, Indexers, NFT games, DAOs, etc., to scale Ethereum applications to Findora while utilizing its privacy-preserving UTXO ledger!
Key upcoming dates are:
- December 08 — 📅 Last day to submit your project
- December 09 — 🧑⚖️ Selected teams will be asked to present to a panel of judges
- December 10 — 🏆 Winners announced
💡 Findora Validator x Grantee Spotlight
Smart Stake — a performance and analytics dashboard for Findora Validators
Validator Spotlight showcases the great teams working to guarantee the security and decentralization of the Findora blockchain.
Grantee Spotlight highlights core contributors building impactful tools in the Findora ecosystem.
Tell us about Smart Stake
Smart Stake provides staking validation services for Proof of Stake (PoS) and Delegated Proof-of-Stake (DPoS) blockchains. We provide a transparent, reliable, and feature rich staking service. Smart Stake is all about enhancing the ecosystem of the blockchains where we provide validation services. Staking is a very engaging activity for all participants of the network. The high degree of involvement by all community members means that there are always questions around various aspects that are generally not thought of earlier or are not first class features of the network’s staking dashboards. We saw that the community & validators struggled with answering basic aspects around performance and returns. Smart Stake builds analytical tools to augment the features offered by other tools and provide a way to answer commonly asked questions.
Read the full Smart Stake Spotlight on Findora’s Medium!
The Findora Analytics dashboard, built by Smart Stake as part of a grant from Findora, allows all participants of Findora network to assess various aspects of staking. It provides features for monitoring validator performance, assessing which validators are best fit for individual needs, calculating expected rewards, and checking network metrics.
Read this user guide to see more details on how to use the Smart Stake Findora Analytics Dashboard!
📺 Media and Events
Always getting the word out about Findora, and there was no shortage of appearances in November.
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Findora x Forbes
Crypto Investors Defy Regulatory Uncertainty To Profit On Right To Privacy
“When someone exchanges coins or banknotes for a good or service, that transaction is only known to the two parties involved… Further, if you hand a $10 bill to the woman at the local farmer’s market, she can’t look up how much you have left in your bank account.”
Discreet Labs’ VP of Product, Warren Paul Anderson contributed a wide range of thought leadership to this important article on Forbes.com*, written by Senior Contributor Hailey Lennon.
* Article may be behind a paywall for some readers.
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Findora @ Reimagine Conference
In one of his only in-person appearances of 2021, Warren contributed his thoughts on the current NFT landscape, valuation, and much more, at the ReImagine Conference. You can catch his ideas at the following time stamps in the linked video: 46:18, 1:35:27, and 2:11:58.
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Findora @ LA Blockchain Summit
Warren also joined a distinguished panel of blockchain voices to discuss how Discreet Labs has grown from 8 to 50+ people across 5 continents in less than a year, 76% of which are product, engineering, or design talent.
You can watch — or rewatch — his panel discussion here.
LA Blockchain Summit Panel via YouTube
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Findora @ NFT.NYC
Discreet Labs’ Director of Marketing, Cory A. Ross, attended NFT.NYC earlier this month for 3+ days of NFT education and discussion. One observation from the exciting week: with all the legitimate hype around NFTs, what they are, what they can be, and the potential value they bring to industries far beyond native blockchain organizations, there exists one glaring omission in the equation.
Privacy stands to be a top concern for the entire NFT ecosystem — as well as the broader blockchain ecosystem. With EVM compatibility, the Rialto cross-chain bridge, and all the amazing projects being developed and built by contributors, Findora is sure to play a major role in supplying this basic right to NFT holders in the future.
🧑🌾 Ecosystem Contributors
🙌 Discreet Labs and Findora Foundation are Hiring!
🔮 Looking Ahead
Discreet Labs continues making the rounds on the blockchain circuit, talking all things programmable privacy and, of course, Findora. Keep your eyes peeled on Twitter and wherever you get your Findora news for links to all these conversations and videos!
Findora is a public blockchain with programmable privacy and full EVM compatibility. Originally conceptualized as a university cryptography research project in 2017, and finally launched to the public in 2021, Findora utilizes the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability. For more information, please visit findora.org.
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