Week through Adrian's Lenses (6-12 February 2023)

gadrian (76)in LeoFinance • 3 years ago

Week Adrian Lenses.jpg

Looks like the crypto world didn't have the best week, with all the talk and actions being taken against staking (details in the crypto section). Uptrend took a hit too, but to be honest, I'm not sure how much is related to bad news and how much is a healthy correction.

Just take a look at the chart of bitcoin:

After an impressive month of January, with or without bad news for crypto, a correction was likely to happen, and it started right at the beginning of February.

Week on Hive

I think it was a calmer week on Hive on the news and updates side.

It was calmer on the price action too (no Korean pump, sorry!), but the price of HIVE is now below MA 200 that @edicted wanted to be defended. And now that will possibly act as resistance instead of support.

Leofinance

Soons^TM are starting to turn into nows for Leofinance.

We have a launch day for the new UI for Leofinance, but that's next week, on February 14th. As far as I understood and if nothing changed since then, the open alpha version of the new UI will run separately from the main website, which will continue as is. So, don't expect the main site to have a different UI on Feb 14th!

If you are curious and want to help test it, the likely link for the new UI will be alpha.leofinance.io. But don't hold me on this, wait for the official announcement.

We will talk about the new UI next week too, let's keep this week about something that already happened. And that is gamification added for the Leofinance community.

If you are targeted by this program, you should have already received an invite. It is my understanding that @anomadsoul wants to keep this for lions who have at least 2k+ LEO staked. One reason for this could be that there is some manual checking involved and it isn't as easy to do it for hundreds of people as for tens of people. The other reason might be to simply incentivize people to grow their stakes to at least 2k. :)

So, this program (I don't know what else to call it) is set up on a separate (third-party) website and it involves doing tasks. There is a leaderboard and there are prizes involved. There are also "sprints" which have a limited timeframe to complete. My readers from the CTP community should be familiar with how the tasks work. It's a relatively similar process to how the training module works in ClickTrackProfit. Some tasks block the progress to the next ones from the same category, unless completed.

Splinterlands

I've written extensively throughout the week about updates by the Splinterlands team.

Also this week from Splinterlands:

Did I say this week was calmer on Hive about updates? Well, I guess I carved Splinterlands out when I was thinking about it, because they are in a league of their own.

Hive Core Development

Two things are to take note of (more technical):

Ubuntu 20 will be replaced by Ubuntu 22 in the next release of hived (this also means Postgres 12 won't be supported going forward)
HAF switches storage of Hive operations to binary instead of text (json) - this reduced the size of a full HAF database by 700GB

Details in Blocktrades' post:
https://peakd.com/hive-139531/@blocktrades/2nd-update-of-2022-moving-to-ubuntu-22-binary-storage-for-hive-operations-in-haf

And more details in the Hive Core Devs Meeting:
https://peakd.com/hive/@howo/core-dev-meeting-46-with-full-transcript

Ragnarok

Looks like Ragnarok is moving forward at a high speed in the area where they had the most trouble progressing: the design. AI to the rescue. This is their official post:
https://peakd.com/ragnarok/@ragnarok.game/get-the-latest-news-about-the-artwork-for-ragnarok-nft-game

Also, Dan talked about Ragnarok during this week's CTT. This is the fragment:
https://peakd.com/hive-167922/@spknetwork.chat/nqjfrfaa

Week in the Cryptocurrency World

It's inevitable to avoid the topic of the week in the crypto world, and that is US SEC's crackdown on crypto staking. Sort of.

Because they target what they can, meaning crypto exchanges, or as people started to call them for good reason crypto banks. What they want is that these gatekeepers between the fiat and the crypto world to be tightly regulated.

The targeted crypto bank, Kraken settled with SEC and they are paying 30m for that, plus ended staking on their exchange.

Great! All we have then is the decentralized world. It's not like we had any hope for CeFi anyway.

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#week-recap #hive #crypto #news #ctp #proofofbrain #hive-engine #cent #leofinance