The Akashian Challenge Phase 1: Eridani Release Announcement
With 211 Teams and 91 Active Validators (for 64 spots at Mainnet), The Akashian Challenge is now the largest testnet in the Cosmos hub since Cosmos’ Game of Stakes.
Last week, our testnet withstood an AWS outage that brought down the centralized cloud (and internet). It also weathered a massive zero fee transaction attack. You can check out an excellent summary of the attack by Russian Validators Club.
Both the AWS outage and the attack showcased the resilience of our platform–The Akashian Challenge testnet kept going strong!
We also found a bug in the Sirius Network Upgrade last week, and we’ll be sharing an update with you in the next few days.
This week, we announce Eridani, the third release in Phase 1 of The Akashian Challenge. With 3,000,000 AKT in rewards and 64 validator spots for Mainnet, the stakes are high!
As with Sirius release last week, the goal of Eridani release is to test governance and voting, and network upgrades. The Eridani Upgrade Proposal goes live for voting Tuesday May 19th at 1600 UTC.
Be sure to check the schedule and details below, before voting.
And don’t miss The Akashian Challenge Live Stream Event this Friday, May 22nd at 4pm UTC! We’ll be presenting awards and giving attendees a chance to win a Supermini. Details below.
Go forth Akashians!
Eridani, the third release of The Akashian Challenge: Phase 1, starts with the proposal to upgrade the network to Eridani release v0.6.5, which goes live Tuesday May 19th at 1600 UTC. There are a total of 250 AKT rewards per validator for completion of Eridani.
Please note that the release updates (changelog) and proposal details are critical--review the information before casting your vote.
Proposal ID: 3
Proposal Title: [Eridani Network Upgrade release (v0.6.5)
](https://github.com/ovrclk/akash/releases/tag/v0.6.5)Description: Software upgrades are critical and determine the future of the network. In a PoS network, validators are responsible for deciding on upgrades. Every node operator needs to validate upgrades for the health of the ecosystem. Securing the network with decision-making is vital to the governance process.
Mint more tokens to the founder’s account
Update slashing conditions
Effectively remove the proposal voting process by reducing it to 1 second
All validators and delegators will have 48 hours to cast their votes on the proposal
The voting starts on May 19th, 2020 1600 UTC
The voting closes on May 21st, 2020 1600 UTC.
Instructions to vote for the proposal will be here.
There are a total of 250 AKT rewards for completion of Eridani. Follow the Eridani release guide for instructions.
Don’t Miss the Live Stream this Friday
Don’t miss The Akashian Challenge Live Stream Event this Friday, May 22nd at 4pm UTC!
Hosted by Akash CEO Greg Osuri and Pylon Validator’s Jack Zampolin, we’ll be sharing updates, presenting awards, and giving attendees a chance to win a Supermini by the end of the stream.
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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