Jackal Protocol Official Chain Launch in #Cosmos AMA

Recorded: Nov. 8, 2022 Duration: 0:56:21

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[APPLAUSE]
[bell dings]
[BEEPING]
Hey, Ha, sorry.
Let's go. Another week in crypto. How you guys doing?
Pretty good. It's crazy right now. I was just looking like everything is just absolutely tanky. I know. Well, FTX is the icing. Binance for help apparently now. So it's another week in crypto and another week. Yeah. Fun. Fun time. Absolutely. Absolutely. I guess we should wait a little bit to get some of our people
here. I know Will Grant down there is what our marketing lead. So if you want to bring him up here, that would be great too. I accept that you request them. Well, if you're listening, you have to use your phone. I don't think it works on that. That's an issue.
Yeah, man, I'm excited today to talk about the post mortem. Yeah, well luckily nothing really that bad was found which we're lucky about.
It's everything that we looked at from the CBSS framework was pretty informational as a low impact, but it's good that we were able to do this and kind of learn about best practices, move away from Ignite, and just kind of learn a little bit more about from people that have been here a while longer than us. It's really important. Yeah, for sure.
It's been kind of fun just like looking into it. One of my side hobbies is learning to do I just kind of take it in a little bit more. So, you know, I'm again, I'm starting to understand like what would happen and what's what you know, the upgrade and what needed to be done and things like that. So yeah, like you're you're saying
from what I looked into and heard that it wasn't anything catastrophic or anything. It's good that you guys got it out now. It's just part of the game. There's been all kinds of different chain holds and things like that. It's better to get it together and what's great about Cosmos is that the community and the development
and the validators and people that help, they see things and point things out. It's kind of like a teamwork type though, so it's all good. 100% like it's kind of like we're from a more of a traditional finance world, right? So it kind of look at the validators almost like they're born and directed.
So they have a liability to ensure that everyone that's using their services are completely safe when doing so. And they do have a right to look at the code and take their time when making a damage assessment or assessing whether or not it's safe to bring online. So we've actually changed our policies internally, which has been a really big learning experience for us first and foremost.
and we're really excited to take a different approach when putting our modules onto the blockchain. So I think what we're going to be doing moving forward from now is we're going to, instead of having everything ready to go at once, we want to give everyone time to digest each individual module. So we're going to ship them to the testnet first for people to play around.
for validators to take their time and assessing what the code does and what it is. And from there, then if you wait a little bit, I'll probably give them a week to do so. And then after that, we'll put a proposal on chain. And then we will vote on the proposal. And then if people agree to put that module into the blockchain, then we will do so. So right now, when you look at the chain,
and what's live and what's not live. Right now we have a pretty much vanilla blockchain and we online our special Mint module which is built for our storage providers but we're burning all the storage provider tokens right now so it's just kind of an active burn scenario and then we online RNS
which has been ported over from Juno. So now that is built into the chain and the other modules that are on the sidelines right now obviously we have a Cosmosm and we also have another few modules as well the bang module and stuff like that. But other things that we're waiting to bring online is we have the file tree module and we have storage
which will be going to test net soon, hopefully, within the month to give everyone enough time to digest. Those will be online towards the end of the month pending governance. So we'll get those onto test net as soon as possible, and then people can play around, everyone can go digest it a little bit. And then once those come online, then we'll have storage providers and
of storage on jaco. And then after that in kind of chronological order of what we believe is most important to bring online, number one, and number two is file tree and storage. Number three would be our notification system module. So we're going to add the notification module in. So that will be after storage and file

FAQ on Jackal Protocol Official Chain Launch in #Cosmos AMA | Twitter Space Recording

What is the topic of the podcast recording?
The podcast recording is about the recent events in the crypto industry.
What is the impact of the recent events in the crypto industry?
The recent events in the crypto industry have led to a lot of market volatility and tanking of prices.
Which platform is helping FTX?
Binance is helping FTX.
What is the post mortem report about?
The post mortem report is about the recent upgrade and migration of the blockchain.
Was the post mortem report a cause for concern?
No, the report revealed low impact issues, and there was nothing catastrophic found.
What is the new approach being taken internally?
The new approach is to give everyone time to digest each individual module before putting it onto the blockchain.
What is the current state of the blockchain?
The blockchain currently has few modules online, including a special mint module and RNS, with other modules waiting on the sidelines.
Which module is being prioritized by the team?
The team is prioritizing the file tree module and storage module.
What is the goal of the team in bringing modules online?
The goal of the team is to add features to the blockchain gradually and ensure that they are safe and well-tested before putting them into production.
How does the team view the role of validators in the blockchain?
The team views validators as being integral to ensuring the safety and security of the blockchain for all users.