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Beam News!
Hey Beamers! Welcome to another edition of our weekly newsletter, bringing you the latest updates from the Beam ecosystem. Let's dive right in!
Hotfix
After the recent incident where the Beam blockchain stopped mining blocks, a Hotfix was released after the team analyzed the incident and addressed the issue. For a detailed analysis of the incident and the steps taken, check out the full article.
Overview of the situation:
On 6 May 2023, at block height 2,272,780, a blockchain stoppage incident occurred due to a block that couldn't be applied back to the node.
The incident repeated two more times in the following days, prompting the team to conduct testing and analysis to identify and resolve the underlying bug.
The bug was related to the sorting of kernels within a block, which caused unintended reordering and invalid blocks for high-frequency transactions (HFTX) that depend on each other.
Certain internal verification checks were disabled, assuming previous validation had already occurred, resulting in the construction of invalid blocks by the miner nodes.
The bug was not discovered earlier due to the specific conditions required for its reproducibility, which were not included in the testing process.
Enhanced diagnostic measures have been implemented for faster issue detection, and the generation of mining jobs for miner pools has been optimized to improve transaction latency and user experience.
The Beam team apologizes for any inconvenience caused and appreciates the understanding and support of the community as they work to improve the reliability and performance of the Beam blockchain and ecosystem.
Nephrite Update
Nephrite, the BeamX DAO Dapp, has updated its user guide to provide an enhanced user experience. Check out their tweet for the latest updates. Additionally, The BeamBots have hosted the updated Nephrite user guide, making it easily accessible for all Beamers. Great to see Beam projects supporting each other!
Mobile Wallet
The team continues to actively work on enhancing the mobile wallet to keep up with the latest developments in Beam DeFi. Stay tuned for upcoming updates as we strive to provide you with a seamless and convenient mobile experience. The 7.3 mobile release is expected in the coming weeks, bringing it up to speed with the desktop wallet, allowing users to interact with the latest Dapps in the Beam ecosystem including the DEX and Nephrite stablecoin.
Beam Space
Last weeks space was a blast as always! In this episode we dived into the recent Beam blockchain stoppage issue. We discussed the updated Beamasset website and the new Beam website download SHA verification feature. We also touched on the cost of creating confidential assets and how it aims to lower the barrier of entry to Beam, as well as asset lock, liquidity mining, and other interesting topics about the DEX.
Join this weeks as we dive into all things PriFi! https://twitter.com/beamprivacy/status/1658251777123254274?s=20
Day: May 18th
Time: 18:00 GMT
Location: Beam Twitter
See you there!
Reminder that past Beam spaces are available on Youtube, thanks to the Beam Africa crew!
Go Beamer Community!
A huge shout out to those in the Beam community driving the ecosystem forward, and a special shout out to those below!
BeamBots!
One of the standouts in the Beam community, providing many a guide, valuable inputs suggestions and feedback. The Beam Bots continue to drive the ecosystem forward and we love to see it! Show your support with their influencer out reach and let’s take Beam to the masses!
DB!
Beam community stalwart, and always active in the community channels and pushing Beam on Twitter, DB is a huge value to us all. Show him some love on the bird app here, here, and everywhere you see DB!
BeamAssets!
They brought a huge addition to the Beam ecosystem with their v1 of the Beam Assets site, but they aren’t stopping there! Talk is that they will be adding price charts, liquidity charts, pool stats, and even an embedding swaps on site. A huge effort already, and incredibly exciting to see it evolve. Keep up the great work!