Last Friday, May 8th, The Akashian Challenge incentivized testnet reached instant consensus and went live at 1600 UTC with 99 genesis validators!
Congratulations to our validators, and thank you to participants of the Challenge!
Our good friends at Vitwit and The Big Dipper made us block explorers–check them out to track our progress:
With 3,000,000 AKT rewards and Supermini prizes at stake, the competition is heating up as we enter Sirius, the second release of Phase 1.
The goal of Sirius is to test governance and voting, and network upgrades. The Sirius Upgrade Proposal goes live for voting on May 12th at 1600 UTC tomorrow.
Check below for the Sirius schedule, and be sure to complete the tasks by deadlines this week.
Sirius, the second release of The Akashian Challenge: Phase 1, starts tomorrow with the Sirius Upgrade Proposal, which goes live tomorrow May 12th at 1600 UTC . There are a total of 334 AKT rewards for completion of Sirius.
The new governance proposal will be created to upgrade the software to v0.6.4.
Just an update that we’ll be replacing Proposal (1) for Sirius upgrade with a new Proposal (2) that has the corrected voting period to ensure all participants in the community get to vote.
We’d initially communicated that the voting period would end on May 14th, 2020, 1600 UTC, when we’d publicly indicated that the voting period ends on May 13th, 2020, 12:19:26pm UTC:
- We created Proposal (1) on May 11th, 2020, 12:19: 07 am UTC with an expectation of submitting the deposit on May 12th, 2020, 1600 UTC and a voting period deadline of May 14th, 2020 1600 UTC.
- A community member ended up posting a deposit instead of us (which will not happen on Mainnet), resulting in a voting period deadline of May 13th, 2020, 12:19:26pm UTC.
- Since this caused the voting period to end sooner than what was initially communicated, we’re replacing the current upgrade proposal to ensure all participants get to vote.
The proposal details will be shared at 1600UTC on May 12th.
Title: “Sirius Upgrade”
Description: “The first ever on-chain upgrade on Akash Network. Sirius upgrade fixes the issues with rewards and double-sign slashing. A new release v0.6.4 will be tagged to handle the upgrade.”,
Voting Start Time: “12th May, 1600UTC”
Voting End Time: “14th May, 1600UTC”
What do validators need to do? All validators and delegators will 48 hours to cast their votes on the proposal
- The voting starts on May 12th, 2020 1600 UTC
- The voting closes on May 14th, 2020 1600 UTC.
- Instructions to vote for the proposal will be here.
There are a total of 334 AKT rewards for completion of Sirius. Follow the Sirius release guide for instructions.
Visit The Akashian Challenge website for a detailed schedule of rewards. A total of 3 million AKT (3% of AKT) is allocated for rewards that include:
- 64 Finalist Rewards
- One-Off Challenges
- Phase Completion
- Top 5, 10, 20 Finalists
- Bi-Weekly Winners
- Bonus Challenges
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