Music ·

BitSong Chain Upgrade v0.21

BitSong's v0.21 Upgrade: A New Era of Innovation and Reliability, Enhancing Performance, Security, and Cross-Chain Capabilities
IA

Iulian Anghelin

@IulianAngh

Dear BitSong Community,

We’re thrilled to announce an exciting milestone in the evolution of the BitSong blockchain: the Network Upgrade Proposal v0.21 is set to go live! Scheduled for Thursday, February 13th, 2024, this upgrade introduces groundbreaking features, technical optimizations, and long-awaited improvements to enhance the network’s performance, security, and interoperability.

Here’s everything you need to know about this pivotal upgrade and why it matters to you.

📅 Upgrade Details at a Glance

🔥 What’s New in v0.21?

Core Dependencies Upgraded

The BitSong chain is leveling up its infrastructure with critical dependency updates:

  • Cosmos SDK v50: Improved modularity, security, and developer tooling.
  • IBC-Go v8: Enhanced cross-chain communication and interoperability.
  • CosmWasmVM v2: Faster, more efficient smart contract execution.
  • Cosmos-DB Upgrade: Optimized data storage for better scalability.

Introducing the x/cadance Module

Say hello to automated smart contract actions! The new x/cadance module allows predefined smart contract logic to execute automatically at the end of every block. This opens doors for dynamic DeFi strategies, real-time rewards distribution, and more.

Smart Accounts Go Live

The x/smart-accounts module (a BitSong-compatible version of Osmosis’ innovation) brings composable account authentication to the ecosystem. Developers can now build apps with flexible, programmable account permissions, think multi-sig wallets, role-based access, and beyond.

Wasm Light Clients & Interchain Queries

  • 08-Wasm IBC Light Client: Customize IBC light clients using CosmWasm smart contracts, enabling seamless integration with non-Cosmos chains.
  • Interchain Queries (ICQ) Module: Query data across chains via IBC, empowering cross-chain dApps (e.g., fetching prices from Ethereum for DeFi protocols).

Housekeeping & Security Patches

  • Legacy Data Cleanup: Removal of stale data from distribution and staking modules to streamline performance.
  • Delegation Fixes: Proactive patches for edge-case delegation issues to ensure network stability.

🛠️ Rigorously Tested for a Smooth Transition

This upgrade isn’t just ambitious, it’s battle-tested. Our team, alongside KalpaTech Validator, conducted:

  • Simulation Tests: Stress-tested under extreme network conditions.
  • Manual Integration Tests: Ensured module compatibility and security.
  • Private Testnet Trials: Validated upgrade mechanics with trusted validators.

“This time, we’re confident in a seamless upgrade process,”* say the BitSong devs.

🚀 What Validators Need to Do

If you’re a validator, follow these steps to prepare:

  1. Review the Proposal: Dive into the upgrade PR for technical specifics.
  2. Update Software: Ensure your node is running go-bitsong v0.21 ahead of the upgrade block height.
  3. Monitor Communications: Join the BitSong Validator Hub for real-time updates.

🌟 Why This Upgrade Matters

The v0.21 upgrade isn’t just about new features, it’s about future-proofing BitSong as a hub for innovation. By integrating CosmWasm-powered light clients, smart accounts, and interchain queries, BitSong is positioning itself at the forefront of:

  • Cross-Chain Interoperability: Connect with Ethereum, Solana, and beyond.
  • DeFi & dApp Development: Empower builders with cutting-edge tools.
  • Community Governance: A cleaner, more efficient chain for decentralized decision-making.

🙌 A Heartfelt Thank You

To our validators, developers, and community members: Your unwavering support and collaboration make upgrades like this possible. Together, we’re shaping a blockchain ecosystem that prioritizes speed, security, and limitless possibilities.

📣 Stay Tuned & Stay Involved

Follow BitSong’s social channels and forums for post-upgrade analyses, developer workshops, and community AMAs. Let’s embrace this new chapter and build the future of music and blockchain, one block at a time.

Onward and upward, the BitSong Team

Got questions? Visit our Website or chat with us on Discord.

🔗 Learn More:

Music NFTs vs. Traditional Streaming

Which Model Benefits Artists More? Discover Direct Royalties, Embrace Creative Freedom, and Unlock a New Era of Fan Engagement

What Are Royalties and How Are They Divided?

Discover how music royalties are earned and split among artists, songwriters, record labels, and publishers in today’s digital music industry.