Fun

Ocean Nodes Incentive Program delayed for back-end improvements

News Feed - 2024-08-22 10:08:26

Josh O"Sullivan10 hours agoOcean Nodes Incentive Program delayed for back-end improvementsOcean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29,  complete backend updates and enhancements.616 Total views2 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTCOINTELEGRAPH IN YOUR SOCIAL FEEDFollow ourSubscribe onThe Ocean Protocol (Ocean), a decentralized data exchange protocol, has postponed its anticipated Ocean Nodes Incentive Program.


According to an official blog post, the program’s launch has been moved to Aug. 29 to address “necessary back-end updates” and ensure a fair experience for all participants.


The decision comes after the Ocean team identified and resolved several issues within the monitoring system for tracking node uptime and incentive eligibility.


Related:SingularityNET announces ASI token merger dates for FET, AGIX, OCEANTechnical issue details


The Ocean team identified a logic flaw in the monitoring system responsible for tracking node performance, which is crucial for ensuring the program’s fairness.


According to the official post, the team quickly “solved the bugs and fixed the logical fault” identified in the eligibility checks.“...to make sure everything is running smoothly and fairly, we’ve decided to push the start of the incentives program [...] this allows us to roll out the necessary back-end updates and ensures that our monitoring system is robust and reliable, creating a fair environment for all participants.”


Related:Decentralized AI gains ground as more protocols collaborateDashboard upgrade


Parallel to resolving the back-end issues, the Ocean team made several improvements to its Ocean Nodes Dashboard.


The dashboard updates are designed to improve user experience by providing users with more detailed and actionable data.“We’ve added sorting, filtering, and the ability to select which columns you want to view. This gives you more control over how you interact with the data.”


The Ocean team noted that until they “push the back-end update,” the values in the “reward eligibility” column may still be inaccurate. 


Related:Grayscale launches new decentralized AI fundASI merger on the horizon


As part of the artificial superintelligence alliance (ASI), the Ocean Protocol native token was converted to the Fetch.ai (FET) native token on July 1 in preparation for the final stage of the ASI merger.


All OCEAN and SingularityNet (AGIX) tokens were converted into FET, and they are now awaiting the final stage when the FET token ticker will become ASI.


The official ASI website currently lists the final stage date as “TBD,” but it details that new contracts will be introduced to convert the remaining FET, AGIX, and OCEAN tokens to ASI.


Magazine:Dorsey’s ‘marketplace of algorithms’ could fix social media… so why hasn’t it?# Blockchain# Decentralization# Adoption# AI# Nodes# blog# Upgrade# DeFi# Ocean ProtocolAdd reaction

News Feed

BlackRock’s Bitcoin ETF daily inflow on halt for 4 days
Helen Partz9 hours agoBlackRock’s Bitcoin ETF daily inflow on halt for 4 daysWhile some crypto observers are concerned about IBIT’s inflow halt, others say it’s more normal than the 71-day inflow streak it has reco
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report Crypto donations collected by the government in Kyiv since the start of the Russian invasion
Bitcoin Price To See 52% Increase To $166,000, Analyst Reveals Tight Timeline
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
UFC Partners With Dapper Labs to Launch NFT Collection "UFC Strike" The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fun
Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada
Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emer
Pro-crypto RFK Jr. once dumped a dead bear in New York’s Central Park
Martin Young5 hours agoPro-crypto RFK Jr. once dumped a dead bear in New York’s Central ParkRobert F. Kennedy Jr. left the dead bear with an old bicycle, at a time when there was a rise of cyclist-related accidents acr
Rakesh Upadhyay12 hours agoPrice analysis 6/26: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTCAn onslaught of Bitcoin ETF applications could help BTC price find long-lasting support at the $30,000 level.2952 Total vie
$2.7T general insurance industry meets tokenized RWAs: Nayms joins Cointelegraph Accelerator
Cointelegraph Accelerator6 hours ago$2.7T general insurance industry meets tokenized RWAs: Nayms joins Cointelegraph AcceleratorNayms, a blockchain-based tokenized insurance marketplace, has become the latest participant
Martin Young3 hours agoCelsius creditors flag renewed phishing attacks ahead of bankruptcy planCreditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two
HK bank supports nation's regulatory goals with reserve services
Amaka Nwaokocha57 minutes agoHK bank supports nation"s regulatory goals with reserve servicesThis development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditiona
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital
Coinbase Confirms "No Financing Exposure" to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital Crypto exchange Coinbase has confirmed that the company “had no fin
Facebook Crypto Libra Faces Grilling From 26 Central Banks Today
Over two dozen central banks will question Facebook over its stablecoin crypto Libra in Switzerland today. | Source: ShutterstockFacebook is set to go through another round of extre