02 Dec Symbol blockchain news update โ 02/12/21
It’s Thursday, it’s busy but the weekend is coming! I have just about enough time to write a quick Symbol Blog update whilst eating lunch and then it is back to writing something far more boring for work ๐ I better get on with it..
NEM Advent Calendar
Today we saw the second door on the NEM Advent calendar open and two new articles published. Anthony Law talks about Symbol mosaic revocation transactions.
And @toshiya_ma unravels the mysteries of the Symbol address with catbuffer.
I will also follow all of the advent articles and have put together a list with links to posts and authors here that I will keep updated throughout the month so that you don’t miss anything! ๐
Growing the community
Here’s a great idea from @tsubasa_yozawa! He has started a quest getting the community to donate XYM that he will distribute to new users and grow awareness and increase the number of Symbol users. The idea is simple, whatever he collects in boosts will be distributed to new users who are curious about Symbol. For example, if 10,000 XYM is collected he will distribute 10 XYM to 1,000 new Symbol users. They would need to have their own wallets, that gives us 1,000 new accounts and 1,000 people who will potentially learn more about Symbol and join our community.
Gimre has already pledged to double the amount collected on the 12th December.
Although apparently the maximum total boost amount allowed by QUEST is 50,000 XYM so it may end early if donations continue at their current rate! 50,000 XYM (potentially x2 with Gimre’s contribution) could result in 10,000 new Symbol users. Admittedly only a certain percentage of these are likely to become fully fledged Symbolers (still hate this term, someone please come up with something better – XYMbers?) XYM City residents but new blood and new passion is what we need and this is a great experiment, I am really interested to see how it turns out.
On-chain art
Saw this post from XEMbook yesterday showing an amazing artwork from Puchikun01 which has been immortalised on the Symbol blockchain using NFT-Drive technology. Love it! Click the link and have a look for yourselves!
I like big blocks and I cannot lie ๐ฒ
Sorry – first thing that came into my head when writing the headline ๐ Another awesome thing about NFT Drive for us harvesters is that sending so many transactions to store the image data results in some juicy fees. This in turn results in a nice reward for those lucky enough to harvest these big blocks. Congrats to the harvester of block 746,588 who scored a nice 465.44 XYM payout! ๐ฅณ
Thanks!
Thanks as always for reading, I will be back again soon with another update and hopefully there is a surprise in store (although I am not promising anything) ๐
If you are a regular reader then please consider harvesting on my node xymharvesting.net. You can also make a donation if you are feeling really generous! ๐
I’m a Symbol and NEM enthusiast and run this blog to try to grow awareness of the platform in the English-speaking world. If you have any Symbol news you would like me to report on or you have an article that you would like to publish then please let me know!
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