LikeCoin New Address Format - The Story of "like1"| LikeCoin Community News
🔎Focus story: dual prefix
The LikeCoin chain wallet address will be changed from cosmos1 to like1 and compatible with the old and new formats, and the development work has entered the final stage. What's the story behind it, and how does this change benefit Liker?
Everything starts with the Cosmos SDK
LikeCoin was upgraded from ERC-20 to LikeCoin chain based on Cosmos SDK on November 15, 2019. At that time, the Cosmos ecosystem had just started, and LikeCoin was the first batch of blockchains using Cosmos SDK technology as the core. At that time, the team chose cosmos1, which is the same as the Cosmos native token ATOM, as the wallet address prefix of LikeCoin. Later, the Cosmos blockchain sprang up like mushrooms after the rain, and each project had its own unique address prefix, such as demos1 of Desmos, osmo1 of Osmosis, and gradually developed into a community consensus. LikeCoin followed the cosmos1 prefix and could not keep up with the standard. This problem makes LikeCoin encounter many difficulties when integrating other Cosmos ecosystem services.
technical test
Community members like Liker Land and Oursky have been collaborating on a solution to support both cosmos1 + like1 addresses to ensure backward compatibility since bill 33 was passed. Because the blockchain version needs to be upgraded, and many systems are affected – including Keplr, BigDipper, dao.like.co, Ledger, CLI, validator nodes, and Liker Land App, etc., repeated testing and deworming are required before deploying to Mainnet.
Access to other Cosmos ecosystems
It is expected that after the integration is completed, every wallet with $LIKE will be assigned a like1 address to make it easier to access various Cosmos ecosystems. For example, adding the Keplr wallet and supporting the wallet.keplr.app wallet interface of mobile and desktop versions can also be supported by other blockchain tools such as Cosmostation , Mintscan , ATOMScan , Cosmoscan , etc.
LikeCoin chain upgrade
likecoin-public-testnet-4 is already in place, and the estimated upgrade schedule is as follows:
- Last week of March – An upgrade proposal will be launched on the testnet, allowing validators to use Cosmosvisor for upgrade testing.
- Weeks 2-3 of April – Upgrade to Cosmos SDK version 0.44 and introduce dual address prefixes.
- Week 4 of April – Trial NFT functionality on testnet
Thanks to the validators for their cooperation in the upgrade, the security and functions of the LikeCoin chain will be improved to a higher level.
📚DePub app
depub.SPACE
depub.SPACE has been revamped and added the following features:
- Browse by theme : add more thematic structure like a TV channel, making it easier to find different types of content.
- Trending Browsing : Displays trending topics.
- Night Mode : Same as the current layout, with night mode selected for more eye comfort.
- Logout : It is convenient for users to switch other accounts.
LikeCoin Faucet : New users who do not own LikeCoin can get a small amount of LikeCoin through LikeCoin Faucet to try depub.SPACE.
Go to deupb.SPACE to experience the new creative mode of decentralized Twitter, depub to IPFS and blockchain perpetual preservation! For the usage method, please refer to the content of LikeCoin Encyclopedia .
🤖LikeCoin in Cosmos
Superfluid Commission LikeCoin by Liker Land
Since Osmosis enabled Superfluid Staking on 1 ATOM/OSMO , 560 UST/OSMO , 561 LUNA/OSMO , users can not only get rewards from liquidity mining, but also participate in superfluid delegation to get further commission returns. Welcome to entrust Superfluid to LikeCoin by Liker Land validator nodes, and let us continue to support the creation ecology with the rewards obtained.
[Tips] What is Superfluid Staking?
Superfluid Staking Superfluid delegation is the latest feature unique to Osmosis. Users bind funds in a specific liquidity pool for 14 days, and can delegate part of the OSMO in the pool to validators to earn delegation rewards. However, superfluid delegation only allows one validator to be delegated, and users can only vote by the validator and cannot exercise their voting rights, so please choose a validator you trust for superfluid delegation.
Liquidity Mining – Dual Incentives
After the Osmosis community has passed Motion 164, users who engage in liquidity mining at 553 LIKE/ATOM and 555 LIKE/OSMO can get quite decent OSMO and LIKE double rewards. We will provide various data for reference every week, be sure to follow LikeCoin's Twitter account to keep up with the latest developments. In addition, you can also refer to LikeCoin Encyclopedia Liquid Mining Teaching.
🗳LikeCoin DAO Flash Report
Proposal passed
Motion 39 – Let Tech SubDAO take over the rest of Motion 33
Motion 40 - Deposit 2,000,000 LIKE to Tech SubDAO's Multi-Signature Wallet
Proposal 41 – Modify the inflation rate parameter from 25% to 100%
Proposal 42 - Deposit 1,000,000 LIKEs to Marketing SubDAO's Multi-Signature Wallet
- After Motion 38 was passed, Phoebe and Zhang Tao formed the Marketing SubDAO and created a multi-signature wallet that requires two signatories to use funds. After this proposal is passed, 1,000,000 LIKE will be transferred to the wallet as marketing development funds.
👍Appreciate Citizen Web3
As the Appreciation Citizens Web3 POAP badge is still awaiting approval, it needs to be delayed and we will announce further information as soon as possible.
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