At 18:45:14.829 UTC on 2022-12-08 and Merge block 6,306,357 the Gnosis Beacon Chain unified with Gnosis Chain activating the Proof-of-Stake (PoS) consensus mechanism for the network.
The Gnosis Merge replaced the Proof-of-Authority (PoA) consensus, which was secured by 20 validators, to a far more resilient 100,000 validators supporting the new PoS network. With nodes run by community members and teams around the world, the Gnosis Merge makes Gnosis the second most decentralized PoS network behind Ethereum.
A much wider and geographically dispersed set of validators dramatically improves the censorship resistance and credible neutrality of the network. It also opens up new horizons for Gnosis.
This validator set will secure the bridge between Ethereum and Gnosis Chain using a light client-based bridge. Upgrading the multisig-based approach with a few validators to 512 sampled from the 100k validators running the Gnosis Beacon Chain. This enormously improves the security of our bridges thanks to the zk-proof of consensus.
Additionally, only Gnosis Chain will benefit from Beacon Chain-specific improvements of Ethereum. This includes the highly anticipated EIP-4844 to scale data availability critical for any L2 on top . Few people know that there are already L2s operating on Gnosis today (hello Optimism 😎). Gnosis Chain will be the only other EVM chain apart from Ethereum that will be compatible with this upgrade.
Look out for account abstraction in the near future, as well!
!!!HAPPY MERGE EVERYONE!!!🦉🥂🎉
Gnosis Merge coordinator dapplion ~ hats off to you and all the devs who contributed to a very smooth and successful merge! 🐼🦉🐼🦉
Many thanks to the Nethermind team! Absolute powerhouse of a team and essential to a successful MERGE ✊🤜🤛
Participation climbing to 92% LETS GOOOOO!
Hello credible neutrality & censorship resistance!
Please note that all native bridges have been paused for the Gnosis Merge. They will be restored shortly. Thank you for your patience!
GnosisDAO Community Call ~ 15 December 2022 at 4PM UTC / 5PM CET / Twitter Spaces
GnosisDAO shifted the community call due to The Merge to the 15th of December. Join us for the December community call with updates from teams across the Gnosis ecosystem along with a conversation with DeepDAO 😎 on the GnosisDAO Twitter Spaces account next week.
Project Updates 🦉
Gnosis Builders Releases GnosisPools.info
Tally Supports Gnosis Chain
Gnosischa.in is an open source explorer that provides users with an easy and accessible way to explore the gnosis-chain. Our explorer is designed to be user-friendly, making it accessible to non-technical users. In addition to our web-based explorer, we also offer an open source mobile app for iOS and Android, providing users with the ability to monitor their validators on the go.
Our goal is to make it easy for anyone to access and understand the data on the gnosis-chain, regardless of their technical expertise.
Recent Snapshot Activity ⚡️
Pluser is asking for a grant for the amount of 50000 USD/DAI from Gnosis DAO to create Pluser wallet. Pluser is the safest and simplest cryptocurrency wallet for the retail market on Gnosis Chain. Our wallet is built on top of Gnosis Safe contracts, Chainlink oracles, and Torus network.
🏔 of the Week
A few weekly tidbits highlighting regular goings on.
🏘 DAO of the Week: Boys Club
Boys Club is a social club, DAO, and builder-centric community driving the future of culture in Web3.
They’re designed with women and non-binary individuals in mind, but open to all. Since its inception in November 2021, Boys Club has received notable recognition from outlets like Fast Company, Vox, and The Atlantic.
They provide a podcast, newsletter, merch lines, live events, crypto education & grants program, builder roundtables & startup pitch demo days. They’ve launched two NFT collections - raising $450K in sales to fund their community Treasury. They have a passionate community of 30,000+ individuals.
Learn more, get involved @BoysClubCrypto
Azuro’s Bet of the Week on bookmaker.XYZ
It’s time for the weekly check-in with Azuro Protocol and their first betting front-end, bookmaker.xyz.
The World Cup is winding down and coming into the final stages, but players at XYZ are just getting started. The liquidity behind markets has been increased, allowing players to increase their size while getting very competitive odds.
The largest bet this week was a sizable 1894 xDAI on England - Spain.
The highest odds win was 30 xDAI at odds of 3.6 on Morocco - Spain.
We also want to highlight that we have now added Basketball to the list of available sports on XYZ. We are now covering the entirety of the NBA with 8 different markets!
We’ll see you all next week as we get closer to the finals of the World Cup 2022!
🙏 Thank you
Come say hello in the Gnosis Chain Discord. Join us for the next GnosisDAO Community Call on the 15th of December 5PM CET, GnosisDAO Twitter Spaces. HAPPY MERGE!!!
See you on-chain,
Gnosis Chain Team