Week in Internet Computer (#ICP) News, Dec 9, 2023

Important announcements

• DFINITY and The Horizon, a New Delhi-based think tank, will collaborate to deploy the Academic Credential Verification System (ACVS), utilising #ICP technology for statewide implementation in Manipur.

• New Youtube Interview Program "ICP.Talk" launched and Dominic Williams joined as speaker in the first episode.

• Introduced a new performance counter on the Internet Computer to easily optimize async canister code.

New Node Provider Proposals

• Proposal 126346, Register a Navegalo datacenter as cr1 in North America,CR,San Jose.

• Proposal 126345, Register a Interhost datacenter as tv1 in Asia,IL,Tel Aviv.

• Proposal 126330, Register a node provider 'Zenith Code LLC'.

• Proposal 126329, Register a node provider 'Eastman Ventures (Pty) Ltd'.

• Proposal 126324, Register a Gasan datacenter as kr2 in Asia,KR,Seoul.

• Proposal 126317, Register a node provider 'Carbon Twelve'.

• Proposal 126312, Register a node provider 'ML SOLUTIONS LTD'.

Events This Week

• Dakar Bitcoin Days, Dakar, Senegal.

• ICP Cyoher Space in India Block Week, Bengaluru.

IC Protocol Updates and Forum Digest

• European subnet on the Internet Computer: A Step Toward GDPR-Ready Infrastructure

  • Proposal 126328 has been submitted for a specific European subnet.

• Threshold Key Derivation - Privacy on the IC

  • Feedback from DFINITY team: The timeline for VetKeys is unclear, but if community demand is substantial, it could be prioritized higher, potentially aiming for a six-month timeline.

• ckETH: a canister-issued Ether twin token on the IC

  • Proposal 126173 for ckETH installation is approved. ckETH support has been added to the ICP Dashboard and ICRC - 1.

• Limit SNS treasury proposals - detailed design

  • The SNS treasury has separate limits for native SNS tokens and ICP tokens, with each token having a weekly limit of 300,000 XDR. If there are 100,000 XDR tokens, 25% can be moved out, while less than 100,000 XDR tokens have no limit.

SNS Updates

• SNS: THE GOLD DAO by DAO.Link

  • No update.

• Upcoming Querio SNS decentralization sale

  • The open sale is in progress and will be end within 1 day.

• Upcoming TRAX SNS decentralisation sale

  • The open sale is in progress and will be end within 2 days.

• Proposal to create an SNS DAO for SNEED

  • Sneed Team is finalizing a proposal, considering community feedback, and estimating a tentative timeline of Q4 2023 - Q1 2024.

• Upcoming ICPCoins (Neutrinite) SNS decentralization

  • The initial proposal has been published for discussion.

Applications & Builders

• Total Staked ICP:  247’779’148

• New members in Ecosystem: Big welcome!

  • FormThing: enables users to share end-to-end encrypted forms on #ICP.

  • Lucrisma: target to bring together a user’s entire financial life into a single user-friendly Web3 platform.

  • TikitWorld: A one-stop solution for global event ticketing and management.

• Ecosystem Projects Highlights:

  • ModClub:

    • Proposal is raised for Q1 2024 Funding and Roadmap, seeking approval from the Modclub DAO to allocate 88000 ICP for 2024 Q1.

  • Boom DAO

    • Proposal is raised to add WebSockets to ICP.NET with funding from BoomDAO.

  • Openchat

    • New feature allows users to directly swap tokens from their wallet, utilizing the best exchange rates from DEXes and managing the swap on your behalf.

  • Dragginz

    • The Meadowland preview is available for download and play, but access will be disabled on December 10th.

Community Updates

• ICP.Hub Hong Kong launched Hong Kong's first ICP Hackathon.

• ICP.Hub Balkan kicked off winter ideathon.

• ICP.Hub Germany joined "next Block Expo" in Berlin.

• ICP.Hub Singapore partnered with DTC group to launch online ideathon.

• ICP.Hub North America arranged workshop to explore Ethereum and Bitcoin integrations at the University of Nicosia.

• ICP.Hub South Africa hosted hackathon in Kampala.

• ICP.Hub Thai Malay hosted meetup event in KL "Connect the Dots" .

• ICP.Hub Philippine hosted  ICBuildCamp at Centro Escolar University (Malolos).

Update Coming Events

• Dec 8 - 10, ICP.Hub Balkan Winter Ideathon.

• Dec 8 - 15, AI MeetsWeb3 Hackathon, German.

• Dec 13 - 14, NOAH Conference Zurich 2023, Zurich, Switzerland.

• Dec 11 - 16, Taipei Blockchain Week.

General Regulations

• Societe Generale has successfully issued its first tokenized green bond on the Ethereum network.

• U.S. lawmakers anticipate 2024 as the potential date for digital assets bills to pass.

• Rep. Patrick McHenry, a key advocate for the crypto industry in the U.S. Congress, has announced his decision not to seek another term.

• India's senior politician predicts no crypto or Web3-specific legislative bill will be introduced until mid-2025.

Industry News

• IBM introduces Offline Signing Orchestrator tech for crypto assets, utilizing it with Metaco, a Ripple-owned custody firm.

• Robinhood has started allowing EU customers to trade crypto.

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