Week in Internet Computer (#ICP) News, May 19,2024

The newly released ICP roadmap outlines key work items for ICP technology advancement in Year 4 and beyond.

Important announcements

• The newly released ICP roadmap outlines key work items for ICP technology advancement in Year 4 and beyond.

• IC noder providers visited DFINITY HQ in Zurich.

• Dieter Sommer from DFINITY will deliver a masterclass on Crypto Valley conference day.

Governance Proposals HighLight

• 129727, Reevaluating Neuron Control Restrictions.

IC Protocol Updates and Forum Digest

• Ledger & Tokenization Working Group Update

  • The high-performance ledger is discussed briefly.

• Technical Working Group: Node Providers

  • Paul M. presented a brief overview of the strategic challenges faced by Node Providers and their potential involvement in the solution.

• Technical Working Group: Scalability & Performance

  • Austin Fatharee discussed the status of the Event Utility WG; Arjaan Buijuk presented his work on scaling and benchmarking ICGPT.

• Internet Computer Roadmap — Year 4 And Beyond

  • The roadmap consists of nine core themes: Computer Platform, Decentralized AI, Chain Fusion, Privacy, Platform Decentralization, Identity, Digital Assets, Governance & Tokenomics, and Developer Experience.

    

SNS Launch Updates

• Upcoming SNS DAO " Motoko Golden DAO foundation"

  •  A DAO-driven-investment-fund.

• Upcoming ICPCC DAO SNS decentralization sale

  • SNS launch in progress and still have 6 days to participate.

Applications & Builders

• Total Staked ICP:  242’897’03

• ckBTC: 242.2035

• ckETH:  505.1251

• New members in Ecosystem: Big welcome!

  • Solid, enables users to host their own Solid Pod in a canister.

  • B3Forge, provides a set of tools and APIs that developers can use to create reliable and user-friendly applications.

  • TaxLint, a dapp to record, track, and calculate tax-related information associated with user's transactions and assets.

  • IC based storage service, a file storage on IC.

  • Amplify, a Social-Fi platform on ICP.

  • Pixelpunk, a pixel art multiplayer RPG.

  • Gotcha, CAPTCHAs for AI era.

  • Circuitz,  an iPaaS platform designed for interaction within the IC ecosystem. 

• Ecosystem Projects Highlights:

  • OpenChat:

    •  Proposed to transfer 3,000 CHAT to OpenChat Labs for joint giveaway with ICP Hubs Indonesia.

  • KINIC:

    • Proposed to make governance canister as the controller of asset canister.

  • Boom DAO:

    • Proposed to transfer 6.25K USD as initial fund to Elementum for Grant Initial Payment.

  • ICPSwap:

    • Proposed to get treasury approval for Farm and Staking Pool Functionality Code Audit.

  • MOTOKO:

    • Proposed to transfer MOTOKO to 1:1 Swap.

Community Updates

• ICP.Hub Poland hosted "HACKERNIGHT x MEMETHON"

• ICP.Hub S.Africa will host ICP Bootcamp on 20th May.

• ICP.Hub Brasil executed ICP introduction course to Senac Barbacena students.

• ICP.Hub Germany founder Emil WAGNER will present ICP on Berlin Blockchain week.

• ICP.Hub Singapore provided SGD4000 as ICP track prize pool for Singapore Blockchain Innovation 2024 event.

• ICP.Hub Vietnam attended HUTECH Web 3.0 Career Path.

• ICP.Hub Indonesia AMA with Openchat team on "Future of Decentralised Social Platforms".

• ICP.Hub Canada & US hosted workshop at the University of Oregon.

• ICP.Hub India hosted ICP developer workshop at Chitkara University.

Coming Events

• May 20 - 22, Finance Magnates Africa Summit, South Africa

• May 23, B3YOND THE BLOCKCHAIN: ICP Third Anniversary, Zurich

• May 29 - 31, Consensus 2024, Austin

General Regulations

• The US House is set to vote on a bill establishing crypto regulations next week.

• Indian Regulator Advocates Multi-Agency Approach for Crypto.

Industry News

• Over 900 US investment firms revealed holdings in Bitcoin ETFs as of 3/31/24 per Q1 13F reports .

• Japan’s Metaplanet adopts bitcoin as reserve asset amid yen slump.

• Hong Kong forms industry community to develop wholesale CBDC, tokenization.

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