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Curated news from the Algorand ecosystem

xGov Developer

xGov#200 proposes Biatec on-chain identity verification for Algorand accounts

Covered by 2 sources

Biatec submitted xGov#200, a proposal to provide on-chain identity verification for self-custody Algorand accounts. The solution links verified identities to accounts so that decentralized applications can confirm account standing, and is designed to meet EU regulatory requirements including MiCA.

The proposal also includes an activity ranking system. Accounts earn benefits through on-chain activity, including improved pricing on decentralized exchanges.

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xGov Developer
xGov-195 approved: Frostbits Solutions to develop Arcpay

Arcpay is a proposed open-source payment processing platform designed to help businesses and developers integrate Algorand payments into web-based applications. The platform will support transactions for ALGO, Algorand Standard Assets (ASAs), and real-world assets (RWAs) through fixed-price sales and various auction types. The proposal requests 149,000, with a target completion date of August 31, 2024.

Covered by 2 sources

xGov RWA
xGov-141 approved to fund ASA Stats API development and tenfold bandwidth increase

The approved proposal provides resources to maintain the ASA Stats API and increase its bandwidth by a factor of ten. This scaling is intended to support a higher volume of requests and ensure near 100% uptime for developers and individuals.

xGov
xGov-100 approved a GPU-accelerated vanity address generator for Algorand

An xGov proposal has been approved to develop a tool that uses GPU acceleration to generate Algorand vanity addresses.