an important security update has been released, please install the latest version of the web client:
1) export keys
2) delete old client folder
3) download new web client: https://t.co/kMt1Uf6DrJ
4) rebuild
5) import keys
see instructions: https://t.co/1n4VMraONY
Looking at what else is in the โprivacyโ category, I donโt see how $OCT isnโt worth 1B-2B if adoption and understanding of the use case show up among users and builders.
a mini update regarding webcli - many security improvements have been added that make it worth updating your version to the latest version (don't delay with the update)
weโre also reinstating the bounty program as an open portal with challenges after receiving good findings from researchers, we'll share more in the coming days once the concept is finalized
https://t.co/UthSMTzPAI
$ZEC just got rekt. It's finally $OCT season? ๐
Still have some concerns. But, $140M FDV remains my target. Until then, I'll keep trying to be your liquidator.
๐
"i'm thankful to my founder that he didn't get affected by this fud and we kept building throughout all these 5 years"
"we built through the literal bear market for privacy"
-our cofounder @octralex on building octra
the bridge recorded the highest inflow of OCT to octra network this week
for the first time ever, the weekly bridged-in supply (4,953,533.549 OCT) exceeded the bridged-out supply (792,725.68)
most of the bridged-in supply was then encrypted
data from https://t.co/2J26xQYKqh ๐
there will be a few mini-updates (+ mini-paper) this weekend (with a detailed description on monday), nothing "huge" or anything like that, just routine stuff related to the lite node release and some info for validators, there will also be a major webcli update and new features for circles
thank you everyone for your support
With all recent incidents, the dev team is understandably quite paranoid about security, and has spent the last few weeks on formal verification of all modules.
We're pausing all non-essential tasks to focus on security, so there will be less rushed experimental product releases.
hey sorry about the scammers in replies
we canโt really do anything about it except hide manually, and we respect you guys too much to attach a โthis is the last post in this threadโ reply every time
so just assume there are almost never any threads and always check for a badge
you can just do things (while the vibe slopers complain about the lack of docs or another reason), ignore the noise, stay focused and build with your hands
a global, permissionless and open โeverything exchangeโ would require:
(1) privacy to bring real world assets onchain;
(2) programmability to trade, lend and borrow against them;
(3) persistent state for assets to stay end-to-end composable
from our (naive) 2022 intro article:
Update: @octralabs will be deploying wrapped OCT and the native bridge on HyperEVM in preparation for listing on Hyperliquid spot markets. We aim to finalize the process this week. Perps will probably take longer and depend on spot volumes, Nova and the Hyperliquid community.
to ensure maximum security amid rising industry incidents, we will be spending additional time on formal verification of all modules for the upcoming node release
your patience is appreciated as we work to secure the network