The Akashian Challenge Phase 1: Cygni Release Announcement
Quick facts about The Akashian Challenge Incentivized Testnet:
99 Active Validators (for 64 spots at Mainnet)
#2 Largest Testnet in the Cosmos Hub (after Game of Stakes)
#2 Largest Testnet after Ethereum 2.0
Earlier this week, we conducted a testnet reboot to Centauri 2 and resolved upgrade module issues in the last version of our testnet. We appreciate the feedback and participation of Akashians to help us build a stronger Mainnet.
Today, we announce Cygni, the fourth and final release in Phase 1 of The Akashian Challenge. With 3,000,000 AKT in rewards, Supermini prizes, and 64 validator spots for Mainnet, the stakes are even higher going into Phase 2.
The goal of Cygni release is to ensure frictionless upgrades, and to identify and correct coordination gaps. The release will include updates to params and staking to reduce the voting power centralization of genesis validator(s). The Cygni Network Upgrade proposal goes live for voting Friday May 29th at 1600 UTC.
Please be sure to check the schedule and details below before voting.
Go forth Akashians!
Cygni, the fourth and final release of The Akashian Challenge: Phase 1, launches on Friday May 29th at 1600 UTC with the proposal to upgrade the network to Cygni release. Akashian Challengers will have until Sunday May 31st 1600 UTC to vote on the proposal.
Please note that the release updates (changelog) and proposal details are critical--review the information before casting your vote. If the community votes in favor of the proposal, Cygni Network Upgrade will occur on June 1st, 2020 1600 UTC.
Cygni Network Upgrade will use the updated testnet centauri-2 chain. If you have not upgraded your node to Centauri 2, please follow these instructions to do so.
You can view more details tomorrow on the Cygni release changelog.
***The Cygni Network Upgrade reward is only for on-time upgrade. The validators who are online at upgrade will receive the rewards.***
In case of a failed upgrade, the reward will be distributed to validators who are part of making the chain (skip-upgrade). There are a total of 250 AKT rewards for completion of Cygni.
All validators and delegators will have 48 hours to cast their votes on the proposal
The voting starts on Friday, May 29th, 2020 1600 UTC
The voting closes on Sunday, May 31st, 2020 1600 UTC.
Instructions to vote for the proposal will be here.
There are a total of 250 AKT rewards for completion of Cygni.
Track Our Progress with Block Explorers
Check out the following block explorers to track our progress:
The Akashian Challenge Rewards
Visit The Akashian Challenge website for a detailed schedule of rewards. A total of 3 million AKT (3% of total AKT supply) is allocated for rewards that include:
64 Finalist Rewards
Top 5, 10, 20 Finalists
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