KIRA has a unique and innovative Governance Model that aims to continuously improve its efficiency and decentralisation, independent of wealth and stake distribution.

In order for an individual to become a validator, they must first be accepted by the current network validators in order to prevent fraudulent activities and bad actors.

On top of this, by allowing the network to be governed by a syndicate of validators the scalability of the network itself is guaranteed, while eliminating the need to worry about what occurs on-chain.

Learn more about our Governance Model below: https://blog.kira.network/kira-governance-model-4ef09e067386

Our CEO @milanavalmont discusses the differences between PoW and PoS systems in the context of the Ethereum Merge.

Crucially, she highlights the weaknesses that remain in a PoS system, namely that the system favors early adopters who may have gotten a big bag of native tokens for cheap, and being dependent on a “stake-as-trust” system could have protocol-breaking implications in a cross-chain ecosystem. She then explains how KIRA's innovative Multi-Bonded-Proof-of-Stake solves such issues.

Check out the full article below👇: https://hackernoon.com/looking-into-ethereums-merge-and-how-kira-circumvents-poss-biggest-weakness

🚨Its been an exciting week at KIRA and we want to thank our community for their continued support, so we are giving away $200 to one lucky winner! Check out the tweet below to enter and have your chance to win, good luck! 💸💰

👇
https://twitter.com/KIRA_Official/status/1578325456990130177?s=20&t=Lh5s-cJsGr3-Ld2AyIXJ9Q

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Finished “Confirm Transaction” page
🔹 Started building “Broadcast Transaction” page
🔹 Generic cleanup of repository on GitHub (now all commits are signed by authors with cryptographic GPG key)
🔹 Next step : Integration of Broadcast Transaction page

MIDDLEWARE
🔹 Fixed all camelCase response data
🔹 Added EVM faucet endpoint (Windows Information Protection (WIP) for private key sign/broadcast)
🔹 Completed implementation for accounts, block, network status, transactions, and transfer APIs
🔹 WIP for block and faucet API
🔹 Next step : Finalize private key sign/broadcast
🔹 Next step : Finalize balances and faucet API

BACKEND
🔹 Debugged issue with a validator set case for upgrade
🔹 Added Genesis Upgrader (allows application upgrade via governance process)
🔹 Updated “pools-by-account” query help for the Multistaking module
🔹 Fixed proto-gen issue for container name conflict
🔹 Resolved possible panic bug with Reward distributor module
🔹 Modified protobufs on councilor work

WALLET
🔹 Redesign of code responsible for app theme
🔹 Next step : Code refactor of PIN Sign in view

INFRASTRUCTURE
🔹 Tested and merged website update.
🔹 Added notes on bugs and functionality issues.
🔹 Researched TSS limitations in order to use it with bitcoin core.
🔹 Next step : PoC CLI tool for TSS

https://twitter.com/KIRA_Official/status/1578338593117872128

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Finished Broadcast Transaction page
🔹 Started integration of Send Tokens, Confirm Transaction and Broadcast Transaction path
🔹 Next step : Integration of Loading Page

MIDDLEWARE
🔹 Fix execution fee query by transaction type
🔹 Check out execution fees query (we already have PR on sekaid https://github.com/KiraCore/sekai/pull/362 )
🔹 Fix token rates query
🔹 Add EVM faucet info query
🔹 Figure out ETH transfer from faucet account
🔹 Work on balances API for bitcoin with implementing API queue
🔹 Write unit tests for completed APIs.
🔹 Work on faucet API (WIP)
🔹 Next step : EVM Faucet, BTC Faucet

BACKEND
🔹 Write further codebase for councilor proposal, status, tx messages (ProposalResetWholeCouncilorRank, MsgCouncilorPause, MsgCouncilorUnpause, MsgCouncilorActivate) & Resolve build errors on councilor module changes
🔹 Discussion for councilor management logic
🔹 Review stackable data on distribution module & found out a possible problem
🔹 Next step : Implement further councilor logic & remove stackable data on distribution module

WALLET
🔹Finished code refactor responsible for app theme
🔹 Started code refactor of PIN page
🔹 Next step : Redesigning Vault Pages

INFRASTRUCTURE
🔹Deployed new test-network for fronted
🔹 Deployed main site
🔹 Started writing an article on test-net deployment using CLI
🔹 Next step : finalize article

https://github.com/KiraCore/sekai/pull/362

https://twitter.com/KIRA_Official/status/1580888455558533120?s=20&t=CeXM39JQVvrT8droayPNuA

The KIRA network compliments existing blockchains, acting as an interchain layer with access to staked tokens, enabling:

✅Liquid staking
✅Leverage staking
✅Yield farming of any asset

On any chain, any time. 🤝

Find out more👇:
https://www.youtube.com/watch?v=l-gdp-zquf4&ab_channel=KIRA

👻Given its Halloween coming up we are giving away another $200 to one lucky winner!

Check the tweet below to enter and make sure you are following our Youtube channel for more KIRA content and videos 👊

https://twitter.com/KIRA_Official/status/1585231648638967808?s=20&t=S3Q-DR03U01fB4-onsJ6yQ

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Finished Loading Page with Network List
🔹 Started working on integration of Dashboard Page
🔹 Next step: Automatic deployment and release versioning

MIDDLEWARE
🔹 Add all execution fees query
🔹 Fix camelCase for execution fees query
🔹 Fix sekaid version mismatch for interx protogen/integration-test scripts
🔹 Finalize ETH transfer, Token transfer (in testing)
🔹 Next step: finalise EVM and release a new version

BACKEND
🔹 Add queries for councilor module
🔹 Add example command for councilor
🔹 Discussion for execution fees query
🔹 Bug fix: Prevent councilor from changing username or moniker
🔹 Add missing query for blacklisted permission addresses
🔹 Resolve all existing tests
🔹 Implement missing queries for councilor blacklisted


WALLET
🔹 More code architecture changes of setup PIN Page
🔹 Next step: Redesigning Vault Pages

INFRASTRUCTURE
🔹 R & D data-over-air transmission in audio frequencies
🔹 Next step: R & D data-over-air transmission in audio frequencies

https://twitter.com/KIRA_Official/status/1585967752388390912?s=20&t=1xhQmGImodkQDt9quVZ5Zg

Welcome to the first edition of our KIRA monthly Newsletter.

This is a new series that will be published at the end of each month giving an overview of everything we have done at KIRA in the last month and all the progress we have made as well as some idea of what to expect in the coming months as well.

Let us know what you would like to see in the November edition 🤝

https://blog.kira.network/kira-newsletter-october-2022-4d6508be4c21

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Finished integration of Dashboard Page
🔹 Fixing bug with pages routing in Account Send Page
🔹 Next step: Automatic deployment and release versioning

MIDDLEWARE
🔹 Add unit test for EVM endpoints (wip)
🔹 Fix integration tests for CI pass
🔹 Check interx binary publish CI (blocked by windows/arm64)

BACKEND
🔹 Resolve Kamil's comments on CLI
🔹 SDK upgrade to v0.45.10
🔹 Release a new version for changes made from comments
🔹 Next step: Work on KIP 83 (staking collectives)

WALLET
🔹 Continued work on code architecture changes of Setup PIN page
🔹 Next step: Redesigning Vault Pages

INFRASTRUCTURE
🔹 Added data to carrier wave, wrote output to file.
🔹 Next step: adjust code to work with string.

https://twitter.com/kira_official/status/1591422488533405699?s=46&t=e4_KjKK6GJKlJZrTYob8Fg

MULTI BONDED PROOF OF STAKE EXPLAINED

KIRA’s revolutionary Multi-Bonded-Proof-of-Stake consensus model enables liquid staking through 1:1 staking derivatives, ensuring the security of the network whilst maintaining full ownership of your assets.

This means you can stake any digital/virtual asset to secure the network rather than the native network token that is the case with traditional PoS consensus, and receive staking derivatives of the asset you staked.

MBPoS bears some similarities to Cosmos ICS, but there are very important differences in the way in which MBPoS removes a single point of failure and how the KIRA governance system removes bad actors securing the network further.

Learn more about how KIRA's MBPoS consensus mechanism works, how it improves upon current systems and what the future might hold in the NFT/gaming space, in the easily digestible article below:

https://blog.kira.network/mbpos-consensus-and-asset-liquidity-through-staking-derivatives-8e729ea6663f

https://twitter.com/KIRA_Official/status/1592536952863363073?s=20&t=7ly_nai-0OyxmUEXFD8pLQ

GIVEAWAY ALERT

At KIRA we believe in giving back to the community, especially after everything that's happened in Crypto recently, which is why we are giving away another $200 to one lucky winner. 🍀

See the tweet below for details on how to enter: https://twitter.com/kira_official/status/1593187496745373699?s=46&t=4pKcOoc6cH2or76Pnoclcw

If you haven't already make sure to check out our latest article, explaining our innovative Multi Bonded Proof of Stake consensus mechanism in detail: https://blog.kira.network/mbpos-consensus-and-asset-liquidity-through-staking-derivatives-8e729ea6663f

KIRA Quiz

Welcome everyone to the first KIRA quiz in our telegram. The quiz will start at exactly 1500 UTC on 19/11/2022 in this Telegram channel, and the winner will receive $50 so stay tuned!

The questions will be based on the MBPoS article below, and are in a timed short answer format: https://blog.kira.network/mbpos-consensus-and-asset-liquidity-through-staking-derivatives-8e729ea6663f

There will be 5 questions, with a 1-minute time frame to answer each question after it’s been posted. Answers must be sent into chat within the 1-minute timeframe in order to be eligible, and each person can only answer a question once.

Furthermore, to avoid spam, for the duration of the quiz anyone posting anything other than their answer will be disqualified.
If there are multiple people tied after the five questions we will run a further three more difficult questions, and if there is still a tie, the winner will be randomly selected from the remaining candidates.

If you have any further questions feel free to drop them in here,, we are looking forward to seeing you there. 😊

https://twitter.com/kira_official/status/1593593012701073408?s=46&t=OJeGifhHt9_tpnlJwyUc0

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Finished bug with pages routing in Account Send Page
🔹 Started work on responsive transaction fee
🔹 Next step: Automatic deployment and release versioning

MIDDLEWARE
🔹 Eliminated old endpoints from interx
🔹 Added filtering options for sort and status to transactions query endpoint
🔹 Added unit tests for evm endpoints
🔹 Made endpoints accept epochs not only date format for dateStart and dateEnd query options
🔹 Added some validation checks for filtering options (dateStart, dateEnd and direction)

BACKEND
🔹 Tech design of KIP 83 (Staking collectives) while reviewing codebase
🔹 Build protobuf of collectives module based on spec (txs, queries, genesis, state)
🔹 Resolve protobuf build issues and generate pb.go
🔹 Next step: Build logic for collectives from protobuf build

WALLET
🔹 Continued work on code architecture changes of Setup Pin Page
🔹 Updated unit test for critical features and added new in Setup Pin Page
🔹 Nest step: Redesigning Vault Pages

INFRASTRUCTURE
🔹 R&D data over air
🔹 Next step: R&D data over air

https://twitter.com/kira_official/status/1594324162713116675?s=46&t=gPvbrTL9QQQDzDD0uSkHCg

KIRAs revolutionary Multi-Bonded Proof-of-Stake consensus model solves the limitations of current Proof-of-Stake models, providing unprecedented security, added utility for old and new-age assets, and new avenues for potentially unlimited capital inflows.

Find out more about MBPoS and how it solves the limitations of current PoS models in the presentation below: https://www.youtube.com/watch?v=oceGUa9B3Jg&ab_channel=KIRA

https://twitter.com/kira_official/status/1595059788429361161?s=46&t=mI60XyrL1TWIjEfCdUP2Cw

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Continued work on responsive transaction fee
🔹 Next step: Automatic deployment and release versioning

MIDDLEWARE
🔹 Add integration tests for EVM endpoints
🔹 Update uint64 to uint256 for evm balances

BACKEND
🔹 Create message, proposal, keys, codecs on types for collectives
🔹 Create basic infrastructure for keeper (grpc query, msg server, collective getter/setter, keeper, cli)
🔹 Basic implementation of CreateCollective, ContributeCollective, DonateCollective, WithdrawCollective
🔹 Implement basic proposal apply functions for collectives
🔹Configure additional properties on gov properties for collectives
🔹Add validations on collectives creation & implement auto-removal of collectives that does not reach min bond collective
🔹Next step : Complete collectives module (KIP-83)

WALLET
🔹 Continued work on code architecture changes of Setup PIN Page
🔹 Continued work User Interface tests in Setup PIN Page
🔹 Started work on Vault Pages
🔹 Next step : Generation of QR codes

INFRASTRUCTURE
🔹 R&D data over air
🔹 Next step : R&D data over air

https://twitter.com/kira_official/status/1597266279546916864?s=46&t=H3PH46zjP7nHsJkW89Lr9g

WEEKLY DEVELOPMENT UPDATES

FRONTEND
🔹 Finished work on responsive transaction fee
🔹 Started work on automatic deployment and release versioning
🔹 Next step : Adjustments before release of MVP

MIDDLEWARE
🔹 Implement new cache db for user transaction management(WIP)
🔹 Find optimized ways to bypass tendermint limitations for querying transactions by various filtering options (WIP)
🔹 Add new filtering options as param (Status, Msg Types)
🔹 Next step : Complete WIPs

BACKEND
🔹 Complete collectives module
🔹 Spending module update
🔹 ubi module update for spending module interface change
🔹 Next step : Support Kamil and Tim

WALLET
🔹 Continued work on code architecture changes of Setup PIN Page
🔹 Continued work on Vault Pages
🔹 Next step : Generation of QR codes

INFRASTRUCTURE
🔹 R&D data over air
🔹 Next step : R&D data over air


https://twitter.com/kira_official/status/1599428575991541760?s=46&t=MupRdnQW8RKxAMLVk3QogQ

📰Welcome to the November edition of the #KIRA monthly newsletter, highlighting everything we have done in November and what to expect going forward.

Let us know what you would like to see in December and going forward into 2023. 🤝

https://blog.kira.network/kira-newsletter-november-2022-dab3747ae829

https://twitter.com/kira_official/status/1600128337803763712?s=46&t=IFvN8vnUlv1M3SmPRiwsZw