February
February has seen Centrality core teams working hard to complete the Habanero stage of Centrality roadmap. We optimised the first round of protocols, SDKs, and toolkit. The community feedback was incredibly useful and helped us to ensure that everything performs well before we move to the next stage of stability and staking.
Entering Scotch Bonnet Phase
Scotch Bonnet focuses on growth and development for the network. The staking algorithm has now been coded to CENNZnet and is ready for testing. We're still using test tokens, but the rules that govern the network are real.
The next milestones we'll work towards achieving during this phase are:
- Stability: we'll upgrade to a new PLUG release to stabilise the core components of CENNZnet network and verify the soundness of key runtime modules
- Multi-currency economy
- Doughnut permissions V1.0 for smart contracts and runtime modules.
- Mainnet V1.0 release.
CENNZnet Roadmap Update
Back in 2019, we released the chilli roadmap to give our community visibility of the technology milestones we would complete on our journey to full staking. The roadmap outlines six stages of CENNZnet development, and in less than a year we've completed Aurora, Rooster Spur and Habanero stages!
We are now ready to UNveil the remaining milestones, so you can monitor our progress to make sure we're hot on the track to deliver our vision.
Check out the updated CENNZnet roadmap here.
Multicurrency gas payments
At Centrality, we're designing the ecosystem with users at heart, so we want to provide a seamless experience. With the Multi-currency economy, DApps will be able to settle fees and transact natively in their native token. This includes paying gas fees for smart contracts as well.
PLUG 1.0 RC3 release
PLUG is working on the third release candidate. It contains updates from the Substrate 2.0 Alpha which will help to stabilise the core components of CENNZnet network.
The team will be doing a 'feature freeze', shifting the effort towards fixing bugs and improving the security of the network. We will also undertake an audit phase of key runtime modules this month in preparation for CENNZnet Mainnet V1.0 release.
PLUG has been working closely with the wider ecosystem and we have a whole range of new PLUG based networks signed up for exciting projects and there will be announcements coming as they start to go public soon.
Staking 2.0
The Centrality Reward Programme had 580mil CENNZ transferred to the staking account 16mil CPAY staking and referral rewards earned.
Following the success of the rewards program, we will launch a new staking and migration contract that will be the first step towards the main network. This is the next big step for holders to migrate their tokens onto the Mainnet which will see us hugely accelerate the growth of CENNZ.
We are currently working on the details and will make some announcements soon, but it's important to keep your CENNZ safe as we announce the next transition process. So stay tuned!
Interview for 'Balance the Grind'
Finally, I did an interview for 'Balance the Grind' sharing insights on finding the work-life balance. To me 'balance' means finding enjoyment in what you do at work and taking time to disconnect from it. It can't just be that work is the bad side of the equation and then I go have fun to balance it out. Sometimes you might work a 90 hour week so you have to love what you are doing at work.
I think it's equally important as a business owner to create a workplace culture which values humanity. Centrality is creating technology to make the world a better place and that starts with how we value our own people.
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