Update: Week of 9 September 2019

Dear Tezos community,
At the Foundation, we believe that funding projects created by a diverse set of teams and developers encourages decentralized development and robust participation in the Tezos ecosystem. This is one of our key guiding principles and it was at the front of our minds when we were evaluating applications for our second cohort of Tezos ecosystem grants.

This second cohort of grantees includes:

  • Runtime Verification
  • Catsigma
  • Matthew Smith
  • Norn Community
  • Klas Harrysson
  • ECAD Labs
  • Reason Association
  • Agile Ventures
  • Baking Bad
  • Protofire
  • fabr(x)
  • OCaml Software Foundation
  • Ackee

For more information on what each of these grantees is working on, you can read our full announcement here. Some of these grantees also published their own blog posts about their grants. Links to these are included in our announcement above.

Best regards,
Ryan

Grantee Updates
Below are some updates on our grantees and other funded entities from the last week:

Our Activities
This week, we were proud to announce our second cohort of ecosystem grants. In this cohort, we’ve given out 14 new grants to projects that will strengthen the Tezos ecosystem. We thank the 38 applicants who worked with us through the review process and look forward to the next round of ecosystem grants. The application for the next round opens next week on 18 September. In addition to this announcement, we:

  • Met with teams that are working on the core protocol and learned more about their upcoming plans. More communication from these teams will come at TQuorum: Tezos Global Summit in NYC.
  • The Foundation and other community members continue to receive a significant amount of inquiries from developers eager to build on Tezos – we are exploring further opportunities and use cases.
  • Brought on additional communications capabilities at the Foundation. One of the first projects will be a redesign of the Foundation’s website.
  • We appreciate your continued patience on our password recovery tool. The launch is imminent but there were some additional features that we wanted to include that are now being finalized and taking a bit more time. We look forward to launching this tool next week.

FAQs

Do wallet developers need to make any changes to their code if the Babylon 2.0 proposal is adopted?
Yes, wallet developers will need to migrate their code to be compatible with Babylon 2.0 if it is accepted by stakeholders in the Promotion Vote Period. The Babylon 2.0 protocol upgrade brings two big changes to the way delegation can be implemented. First, implicit (aka tz1) accounts can now directly delegate their tokens. Second, the scriptless KT1 accounts, whose main purpose has been delegation, are replaced by smart contracts whose addresses are unchanged and script is manager.tz. For more on these changes and what wallet developers need to do to avoid breaking changes, please read these instructions from the team at Nomadic Labs and these technical details from Cryptium Labs.

Announcing Second Cohort of Tezos Ecosystem Grants

The Tezos Foundation is pleased to announce that 14 new grants have been issued to projects submitted in response to its most recent request for proposals (RFP).

The Foundation considered proposals targeting the following categories as part of this RFP:

  • Applications built using Tezos smart contracts (with special interest in Decentralized Finance or “DeFi” applications)
  • Tezos block explorers and/or innovative related tools
  • Tools for Tezos smart contract development (e.g. smart contract testing tools, etc.)
  • Educational/training resources covering Tezos (e.g. Kauri, CryptoZombies, etc.)
  • Marketing and other initiatives to help increase awareness of Tezos and its ecosystem

After the Foundation’s Technical Advisory Committee (“TAC”) reviewed all submissions and provided recommendations to the Foundation Council for final decisions to be made, legal documents for approved grants were completed and grant funds have started to be issued.

The Foundation is thrilled to support the following projects in this cohort of Tezos ecosystem grants:

  • Formal Semantics of Michelson in K, Preparing for Smart Contract Verification by Runtime Verification: Runtime Verification is a company aimed at using runtime verification-based techniques to improve the safety, reliability, and correctness of software systems. The purpose of this grant is to develop a formal semantics and reference implementation of Michelson, a domain-specific language for Tezos smart contracts, in the K Framework. The K language is designed to make language definitions as readable as possible while still ensuring a K semantics has a precise mathematical meaning, and is supported by the tools of the K Framework. The Runtime Verification team will also publish documentation and interact with the wider Tezos developer community as part of this project.
  • Misualizer and TezBridge documentation by Catsigma: Built by Tezos developer Catsigma, Misualizer is a tool that will allow users to visualize all possible behaviors of Tezos smart contracts and trace all of their internal transactions to get complete pictures of different entry points. Catsigma is also the developer of TezBridge, a tool that allows users to interact with applications built on Tezos. Catsigma has received an additional grant to improve the documentation of TezBridge with detailed text manuals, screen recorded GIFs for all features, an improved “playground”, and several complete application examples.
  • Learn You a Tezos for Much Prosperity by Matthew Smith: This grant will support Matthew Smith, an active member of the Tezos community, with a project to write and publish a book to help onboard more Tezos bakers and smart contract developers to the Tezos ecosystem. The book will be freely available, permissively licensed, and will contain software (MIT licensed) for a remote signer with tests and documentation as well as scripts for securing Ubuntu.
  • TezosNotifierBot by the Norn Community: The Norn Community’s TezosNotifierBot is a popular Telegram bot used to monitor various events on the Tezos blockchain, such as transactions, delegations, missing block endorsements, double baking, etc. With this grant, the Norn Community will improve its @TezosNotifierBot for Telegram and expand the bot to support other notification channels, such as Twitter.
  • Tezos.help by Klas Harrysson: Tezos.help was built by Klas Harrysson in 2017 to help guide new members into the Tezos community and serve as an active repository of various Tezos resources. As part of this project, Klas will expand the original Tezos.help website into a full-fledged, self-sustaining library of all relevant Tezos ecosystem projects and resources.
  • Grafana Data Plugin for Tezos & Signatory, a Remote Signer by ECAD Labs: ECAD Labs is a software & services consultancy that delivers and manages projects in the areas of software development, systems engineering, open-source development and support. ECAD Labs will develop a Grafana data source plugin for Tezos and improve Signatory, a Tezos remote signer, by adding rich policy rules to control which operations get signed or rejected, support for more cloud-based HSMs to provide the Tezos community with a more diverse range of options, and approval groups to allow human approval for key operations (transfers or voting). Documentation and tutorials will also be produced. Read ECAD Labs’ blog post to learn more.
  • Growing the ReasonML community by the Reason Association: ReasonML is a web development platform and alternative syntax on top of OCaml, which allows developers to write type-safe web applications with a strong focus on the ReactJS ecosystem; it’s also a language that can be used to write Tezos smart contracts. This grant will help the Reason Association grow the ReasonML community by releasing more effective learning materials and tools, such as a refined documentation platform for existing users and newcomers, and producing Tezos-related content and resources to help encourage more members of the ReasonML community to get involved in the Tezos ecosystem.
  • Tezos as a Service (TaaS) by Agile Ventures: Agile Ventures is an in-house software development team and consultancy group that has worked on a number of projects since 2016, most recently Happy Tezos, a Tezos delegation service. TaaS is a service that will provide a WebSocket endpoint to allow application developers to collect real-time information from the Tezos blockchain. Anyone will be able to run their own instance of TaaS or use a free version provided by Agile Ventures, which will offer 20,000 updates per day and 20 concurrent connections.
  • TzKT by Baking Bad: Baking Bad is an active Tezos development team. This grant will support the team with its next project, TzKT, a lightweight, API-first, account oriented block explorer for the Tezos blockchain.
  • DeFi developer experience by Protofire: Protofire is a blockchain and smart contracts development team that will create an initial version of a liquidity pool smart contract accompanied by a basic client to demonstrate the contract’s functionality and tutorials explaining the implementation and possible variations.
  • “If Tezos” – The “If This Then That” (IFTTT) for Tezos by fabr(x): This project by the fabr(x) team will produce a protocol-level trigger and events platform for the Tezos blockchain, thus supporting automated API methods and trigger-based functions for applications. Read fabr(x)’s blog post to learn more.
  • Learn-OCaml by the OCaml Software Foundation: OCaml is the functional programming language that is used to implement Tezos. The “Learn-OCaml” project aims to increase the usage of OCaml in education and promotes its mainstream adoption. This grant will help the OCaml Software Foundation improve its current OCaml MOOC (“massive open online course”), develop a new OCaml MOOC with automatically graded exercises, and launch a collaborative project to build an advanced and interactive textbook to more effectively teach functional programming in OCaml to a wider audience.
  • TezosSwift DevKit POC App by Ackee: Ackee is a mobile development company located in Prague and Berlin. Ackee will build a Proof-of-Concept iOS application that will demonstrate how to use its TezosSwift library, which is forked from Keefer Taylor’s TezosKit, accompanied with step-by-step tutorials

The Foundation is excited to see these projects contribute to the advancement of the Tezos project and grow the larger blockchain ecosystem. Thank you to all 38 applicants who worked with us throughout the review process. The next Ecosystem Grants RFP period will open on 18 September 2019. Areas of interest will be announced when the RFP is issued.

The Tezos Foundation’s core mission is to support the long-term success of the Tezos protocol and ecosystem. As part of that mission, the Foundation’s Ecosystem Grants Program is designed to address key short and medium-term priorities in an efficient and agile manner. Funding projects created by a diverse set of teams and developers encourages decentralized development and robust participation.

Update: Week of 2 September 2019

Dear Tezos community,
The summer may be coming to a close but the work of the Tezos community continues full steam ahead. This quick snapshot of September events from Tezos Commons highlights many of the Tezos events to be excited for this month:

It is incredibly exciting to see the Tezos community grow in so many different places around the world and I look forward to seeing where new communities sprout up in the future. 

In addition to these events happening around the world this month, the global Tezos community is getting closer to a final decision on the Babylon 2.0 proposal, which is currently in the Testing Period of the Tezos amendment process. For more information about Babylon 2.0 (and future amendments), join the discussions happening on Agora – a governance explorer and discussion forum for Tezos, developed by TQ and Tezos Commons.

Best regards,
Ryan

Grantee Updates
Below are some updates on our grantees and other funded entities from the last week:

  • Tezsure launched Tezster, a testing tool for Tezos. It currently comes as a CLI and can interact with local nodes and the Tezos alphanet.
  • Tulip Tools is now hosting snapshots for all Tezos networks via IPFS to make it even faster to run a Tezos node. 
  • Tezos Korea signed an MOU with Hexlant, a prominent blockchain technology institute, to discuss technical cooperation on operating Tezos nodes and running a custody business with financial institutions.
  • Tezos Southeast Asia will be attending the ACCA Tech Symposium next week.
  • Truffle gave a sneak peak into their work on Tezos integration to Truffle Suite.
  • Cryptium Labs launched a research and development blog. Check out some of the posts on Tezos here.
  • TQ Tezos published an update on the 1,000 New Tezos Developers initiative on their blog.
  • Gabriel Alfour of The Marigold Project started a thread on Agora discussing Plasma, a scaling technique, and different approaches to implement it on Tezos.

Our Activities
The Foundation’s work continued last week as we continued to finalize the latest cohort of ecosystem grants and monitored the assets under the Foundation’s control. In addition to those regular administrative duties, we are:

  • Putting final touches on the password recovery tool. As you can imagine we take this tool very seriously as it deals with sensitive information. We appreciate your patience and it should be released next week. 
  • Evaluating options for additional team members to join the Foundation.

FAQs

What happened to the “$50M Venture Capital for Developers and Startups” that was announced in August of 2017?
The previous council of the TF announced in August of 2017 that it would allocate $50M of venture capital for Tezos developers and startups. In the first part of 2018, the new council evaluated the situation and established its priorities. As you can imagine, our top priority and focus was to deploy resources to support the launch of the Tezos betanet.

In addition to the launch of the first production network, another priority was to deploy resources throughout the community to further the Tezos ecosystem. An initial strategy statement was released in June of 2018 which highlights that grants would be an important part of the Foundation’s role in the ecosystem. Significant funds have been deployed since then to support developers and others throughout the community. Last month the Foundation’s first Biannual Update was published which highlights that USD 37.4M has been committed to the following areas: Research, Education, & Core Development; Community Initiatives; Ecosystem – Tools & Applications. For more details on the Foundation’s grantmaking efforts, please see the biannual update. All this is laying the groundwork for further development and startup growth on Tezos.

As we see the emergence of a first major use case, asset tokenization and, in particular, Security Token Offerings (STOs) on Tezos, we are exploring additional funding mechanisms to support the growth of the Tezos project in this area as well as other key areas of focus as they develop. Indeed, the biannual update not only mentions grants but also “other capital deployment vehicles” as a means of funding. We are open to deploying funds in a variety of ways for a variety of use cases and will continue to explore the most effective way to further the Tezos project and ecosystem.

How does the Tezos Foundation vote on proposed amendments to Tezos?
The Foundation does not upvote any proposals during the Proposal Period. Additionally, the Foundation votes “Pass” (meaning explicitly abstaining) rather than “Yea” or “Nay” during the Exploration Vote Period and Promotion Vote Period to remain neutral during the amendment process. This contributes to the required quorum and further elevates the voices of other members of the Tezos community. Learn more about the Tezos amendment process here.

 

Update: Week of 26 August 2019

Dear Tezos community,

Last week, we saw firsthand at TQuorum: Berlin how many interesting and impactful projects are being built in the Tezos ecosystem. We heard that there are over 800 developers who have been trained or are being trained to build on Tezos. Additionally, we announced that Satoshi’s Treasure second ever hunt will be a Tezos hunt where people can solve difficult puzzles to receive tez (XTZ) from a prize pool of 1 million tez.

This week, the Exploration Vote Period quorum was reached on the proposed Babylon 2.0 amendment, which means that the proposal will now move into the Testing Period. If approved by Tezos stakeholders in the Promotion Vote Period (which follows the Testing Period), it will be the second upgrade and instance of self-amendment of Tezos in a six month timeframe. No other blockchain community has shown the ability to coordinate and execute core protocol upgrades with this type of cadence, further supporting Tezos as a smart contracts platform that has the ability to efficiently evolve. In addition to the progress of Babylon 2.0, the community will now have access to a discussion forum and governance explorer designed to complement the on-chain amendment process with the launch of Tezos Agora, a project of Tezos Commons and TQ Tezos. Lastly, we were also excited to see that 47 (out of 120) developers graduated with distinction from Tezos Korea’s blockchain camp in Busan, South Korea.

Personally, I cannot wait to see what the next week has in store. Happy Labor Day to those in the US!

Best regards,
Ryan

Grantee Updates
Below are some updates on our grantees and other funded entities from the last week:

Our Activities
This past week, the Foundation team was busy working to finalize the latest round of grant applications as well as traveling to Brazil for Brazil Blockchain Week. More specifically:

  • Ryan Lackey presented at both Blocktrends in Rio de Janeiro and Blockmaster in Sao Paulo. We have met with multiple banks, regulators, and institutions in Brazil with the goal of expanding the use of Tezos in this continental-sized country.
  • We continued to work with approved grant applicants from the last round of grant proposals to finalize their grant agreements. We will announce this cohort of grant recipients as soon as these are wrapped up. 
  • We continued to work on our fundraiser password recovery tool to assist contributors with lost fundraiser passwords. This tool is almost finished and we hope to release it next week.

FAQs

I contributed to the Tezos Foundation’s fundraiser but I cannot figure out how to activate my recommended allocation – what do I do?
This is a question that we have answered here before but is worth repeating as we still see it come up in the community. In order to activate a recommended allocation, start by checking a contribution to the Foundation’s fundraiser. After checking, you can then begin the Foundation’s verification process to obtain an activation code corresponding to a public key hash from the fundraiser. Finally, activate a recommended allocation. Follow the steps at the bottom of this page, and if you run into any issues along the way, please email [email protected]

Update: Week of 19 August 2019

Dear Tezos community,

We were so glad to be with many of you all in Berlin this week! TQuorum: Berlin was full of many insightful and informative technical workshops. From what I have heard, our community was very well represented at Web3 Summit and that Ryan Lackey’s presentation on “Real Digital Assets” was very well received. Next week the team will be at the Blockmaster and Blocktrends events in Brazil.

In addition to these events happening around the world, the community has made a lot of progress in this past week. We announced a grant to Cryptoeconomics Lab, based in Japan, to develop a Plasma layer on Tezos – very excited to see this project come to fruition. We also announced that we are partnering with Satoshi’s Treasure to create their second hunt, where we will award 1 million tez (XTZ) in a series of puzzles. These puzzles will be designed in a way to contribute to the general awareness of the features of the Tezos protocol and encourage developers to build additional tooling for the Tezos ecosystem.

Finally, I am enormously excited about the new developers that are being trained through the B9lab Blockstars Programme. This past week, 226 developers from over 39 countries started B9lab’s developer course with free spots sponsored by the Foundation. In total, TQ Tezos has estimated that over 800 developers have been trained or are being trained this year – significant progress towards the Foundation’s goal of 1,000 new developers in 2019. We cannot wait to see what they build.

Best Regards,
Ryan

Grantee Updates
Below are some updates on our grantees and other funded entities from the last week:

Our Activities
This week, the Foundation team worked to finalize its latest round of approved grants and traveled to Berlin for Berlin Blockchain Week. More specifically:

  • Ryan Lackey presented “Real Security for Real Digital Assets” on the main stage at the Web3 Summit.
  • Ryan Lackey, Roman Schnider, Ryan Jesperson, Ulrich Sauter, Hubertus Thonhauser, and Michel Mauny joined the Tezos community at TQuorum: Berlin.
  • We finalized and announced our partnership with Satoshi’s Treasure – in which users will compete for prizes from a pool of 1 million tez or XTZ in their second ever hunt (their first hunt was for Bitcoin).
  • We sent out drafts of grant agreements for all of the approved grant proposals from our latest round of ecosystem grants. We look forward to finalizing these as soon as possible and announcing this next cohort shortly thereafter.
  • We’re preparing our next request for proposals (RFP) for early September. At that time we will re-open our grant application portal and begin to accept proposals again.

FAQs
How does the Tezos Foundation vote on proposed amendments to Tezos?
The Foundation votes “Pass” (meaning explicitly abstaining) rather than “Yea” or “Nay” during the Exploration Vote Period and Promotion Vote Period to remain neutral during the amendment process. This contributes to the required quorum and further elevates the voices of other members of the Tezos community. Learn more about the Tezos amendment process here.

How do I get reimbursed for a customs fee from my Tezos-engraved Ledger Nano S?
If a fundraiser contributor had to pay a customs fee when obtaining a Tezos-engraved Ledger Nano S hardware wallet, it should contact Ledger customer support (https://support.ledger.com/hc/en-us) to coordinate reimbursement. We recently confirmed with the Ledger team that they will handle reimbursements for these cases.

Tezos Foundation Supports New Satoshi’s Treasure Hunt and Issues Grant to Stove Labs to Create Non-Fungible Token (NFT) Standard for Implementation

The Tezos Foundation is excited to announce its partnership with Satoshi’s Treasure and the launch of the Tezos Satoshi’s Treasure Hunt, a multiplayer game of skill where people can solve difficult puzzles to receive tez (XTZ) from a prize pool of 1 million tez.

As the Satoshi’s Treasure team explains in its blog post, the Tezos Hunt is built on top of a set of smart contracts, allowing hunters to be immediately rewarded, in tez, for using their problem-solving skills to beat puzzles. The Hunt will encourage technical problem solving and the building of new tooling which will ultimately benefit the entire Tezos community.

While the main Hunt will officially launch in the coming months, those who are eager to start winning tez can play the Satoshi’s Treasure mini-hunt, which has a prize of 5,000 tez and will begin on 10 September 2019. For updates, keep an eye on the Satoshi’s Treasure Twitter account and website.

We are also excited to announce that we’ve issued a grant to Stove Labs to build a non-fungible token (NFT) standard as well as support the implementation of the Hunt. Stove Labs, led by Tezos developer Matej Sima, develops Granary, a Tezos smart contract and application development toolkit, and is involved in the development of The Marigold Project’s LIGO smart contract language.

To support the Hunt, Stove Labs is working closely with TQ Tezos and the Satoshi’s Treasure team to deliver the necessary infrastructure and smart contracts. Clues for the Hunt will be set up as NFTs which can be traded, bundled, and cashed-in based on the rules of the game itself. This will allow for a transparent progression of the game that can be tracked on-chain.

NFTs are unique, non-interchangeable digital assets. For example, they may be used to represent digital or physical pieces of art, collectibles, or real estate properties. Stove Labs’ NFT standard will complement the token standard for fungible assets being developed by Serokell, Nomadic Labs, and TQ Tezos. As part of the grant, the Stove Labs team will produce documentation and other educational materials, host workshops, and present at meetups and hackathons to promote its work.

Happy Hunting!

The Tezos Foundation’s core mission is to support the long-term success of the Tezos protocol and ecosystem. By funding projects created by scientists, researchers, developers, entrepreneurs, and enthusiasts, the Foundation encourages decentralized development and robust participation.

Of note: Eligibility to participate is open to any person who has not worked for an entity that has received funding from the Tezos Foundation. This will help to include new developers in the Tezos ecosystem. The Tezos Foundation, Satoshi’s Treasure team, Stove Labs, and TQ Tezos employees are excluded as well.

Cryptoeconomics Lab Receives Grant to Develop Plasma on Tezos

The Tezos Foundation is thrilled to announce that Cryptoeconomics Lab, based in Tokyo, Japan, has received a grant to develop a Plasma layer on Tezos. Plasma is a layer-2 scaling technique to increase transaction throughput on blockchains.

Led by Shogo Ochiai, the Cryptoeconomics Lab team will implement Plasma according to the Plasma Group’s Generalized Plasma Specification and conduct an audit of the implementation before its release. This implementation will be integrated to Cryptoeconomic Labs’ Plasma-Rust framework. Furthermore, Cryptoeconomics Lab will develop an Android wallet application and integrate Tezos to its application development toolset, Plasma Chamber, for its Plasma layer on Tezos.

The Tezos Foundation’s core mission is to support the long-term success of the Tezos protocol and ecosystem. By funding projects created by scientists, researchers, developers, entrepreneurs, and enthusiasts, the Foundation encourages decentralized development and robust participation.

Update: Week of 12 August 2019

Dear Tezos community,

We are very excited for Berlin Blockchain Week and especially TQuorum: Berlin. TQuorum: Paris was such an incredible event, I am sure that the Berlin edition will be terrific.

In terms of updates this week, we announced a new grant to camlCase to support their development of a decentralized exchange protocol on Tezos. The protocol being developed by camlCase was inspired by Uniswap, a decentralized exchange protocol that enables automated asset exchange. We are very excited to see this project come together. We have also informed the most recent round of grant applicants of our decisions and will have more grant announcements to make soon.

In terms of the broader ecosystem – there is a lot to be enthusiastic about. With our support, Tezos Southeast Asia is launching the Tezos India Foundation to grow and support the Tezos community there. IDEO and CoinList have launched their online hackathon – make sure to participate for a chance to win $10,000 USD. The B9lab Tezos Blockstars Program starts next week.

Additionally – in case you missed it – we released our first biannual update last week in an effort to give the community a glimpse into the Foundation’s finances, operations, and everything that has been accomplished since the launch of the betanet a little over one year ago. We welcome your feedback and will work to incorporate it in our next biannual update – coming after the close of the year.

Best regards,
Ryan

Grantees & Funded Entities
Below are some updates on our grantees and other funded entities from the last week:

  • Tezos Southeast Asia announced the launch of the Tezos India Foundation, an independent non-profit organization based in Bangalore.
  • TQ Tezos is putting together final preparations for TQuorum: Berlin – a day long series of technical workshops, discussions, and networking during Berlin Blockchain Week.
  • Cryptium Labs, Cryptonomic, Stove Labs, Nomadic Labs, SmartPy, Baking Bad, Polychain Labs, Pocket Network, and Airgap are preparing their technical workshops at TQuorum: Berlin 
  • Cryptium Labs held a Reddit AMA about the Babylon proposal.
  • DaiLambda released a piece covering Plebeia, an implementation of sparse Merkle tree disk storage that it has been working on.
  • Cryptonomic presented about Tezos at a blockchain workshop in NYC for high school students.
  • camlCase provided an update on Dexter, the decentralized exchange protocol that they are building and is now supported by Foundation funds.

Our Activities
Here is a snapshot of what we have been up to on the Foundation side this past week:

  • Informed grant applicants of our decisions for the latest round of grant proposals. More information will be announced soon.
  • Issued a grant to camlCase to build a decentralized exchange protocol on Tezos.
  • Preparing for TQuorum Berlin where Ryan Lackey, Ryan Jesperson, Roman Schnider and Hubertus Thonhauser will be in attendance. Ryan Lackey will be speaking at Web3 Summit and Blocktrends in Rio de Janeiro as well.

FAQs
Is there a deadline for fundraiser participants to claim their Ledger Nano S?
We initially set a deadline for this but we have extended it to give fundraiser participants time to interact with the smart contract and get their free Nano S hardware wallets. For more information, see our post here.

If the Babylon 2.0 proposal is adopted is there a migration guide to help wallet providers and other technology providers with the change?
Yes, there is. Adrian Brink from Cryptium Labs posted a guide on GitLab. It is strongly recommended that bakers and client implementers read the guide thoroughly.

camlCase Receives Grant to Develop Decentralized Exchange Protocol on Tezos

The Tezos Foundation is pleased to announce that camlCase has been awarded a grant to support its development of a decentralized exchange protocol on the Tezos blockchain. The protocol being developed by camlCase was inspired by Uniswap, a decentralized exchange protocol that enables automated asset exchange.

With this grant, the camlCase team will complete the development of its decentralized exchange protocol and produce documentation and other educational content about it. The protocol will support a fungible asset standard proposed by Serokell, Nomadic Labs, and TQ Tezos.

The Tezos Foundation’s core mission is to support the long-term success of the Tezos protocol and ecosystem. By funding projects created by scientists, researchers, developers, entrepreneurs, and enthusiasts, the Foundation encourages decentralized development and robust participation.

Update: Week of 5 August 2019

Dear Tezos community,

Last week was a busy week for the Tezos ecosystem. It is incredibly exciting to see so many developers working to build tools and applications on Tezos.

This week alone we had both Cryptonomic’s online hackathon and the start of the IDEO + CoinList hackathon. We are very excited to see all the great things that will be built as a result of these events. Additionally, there is still time to sign up for a free spot in B9lab’s Tezos Blockstars program. We have been working to promote this course as it is a great opportunity to receive hands-on training to learn how to build on Tezos. Late last week, we announced a grant to Truffle Suite to integrate Tezos smart contract languages into their popular development environment. These are big developments that will help the Tezos ecosystem grow.

We are also very excited for the great Tezos events happening later this month. On August 22nd, TQ will host TQuorum Berlin – which will be a mix of technical workshops and networking. This will be a great opportunity to meet some of the many talented developers building tools and applications on Tezos. I know that Ryan Lackey, Roman Schnider, Hubertus Thonhauser, and myself are personally very excited to attend. Then, on August 26th Blocktrends will be happening in Rio de Janeiro. There will be many great speakers, including a former president of the Brazilian Central Bank, a partner at BTG Pactual, and our own Ryan Lackey. Make sure to attend if you are in the area.

In addition, we love seeing pictures posted from community members all over the world of the engraved Ledger Nano S device they have received. Check out some pictures on our twitter feed.

Best regards,
Ryan

Grantees & Funded Entities

Here are some updates from our grantees and other funded entities this week:

Our Activities

This week we worked hard to finalize our first Biannual Update. We are incredibly excited to share it with you all today. If you have any thoughts or feedback – please let us know. In addition, we worked on the following:

  • After TAC review, the Foundation Council voted on the latest round of grant proposals. Applicants will be informed about the decisions on their proposals early next week and we look forward to announcing the grants from this round this month.
  • Working on the next shipment of Tezos-engraved Ledger Nano S hardware wallets. There is still time for fundraiser contributors to interact with the giveaway smart contract to be eligible to receive free devices!
  • Preparing for TQuorum Berlin where Ryan Lackey, Ryan Jesperson, Roman Schnider and Hubertus Thonhauser will be in attendance.

FAQs

How many votes are needed for Babylon to be injected?

The Babylon proposal was injected into the protocol 26th of July. Currently it is in the Exploration period – where bakers can vote to test the most upvoted proposal from the initial vote period. As of this writing, there have been 2,895 votes on the proposal (all in favor), with a total of 51,483 votes needed for quorum to be reached in this stage. Learn more about the Tezos protocol amendment process in this blog post.