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Create meeting notes for sig-chain #14
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# Akash Network - Chain Special Interest Group (SIG) - Meeting #14 | ||
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## Agenda | ||
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- Overview of recent and current governance proposals | ||
- Discussion of recent proposal on minimum deposits | ||
- Update on mainnet network upgrade proposal | ||
- Scheduling of planned network upgrade | ||
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## Meeting Details | ||
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- Date: Tuesday, March 12th, 2024 | ||
- Time: 08:00 AM PT (Pacific Time) | ||
- Recording: Coming Soon | ||
- [Transcript](#transcript) | ||
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## Participants | ||
- Artur Troian | ||
- Joao Luna | ||
- Maxime Beauchamp | ||
- Rodrigo Rochin | ||
- Scott Carruthers | ||
- Tyler Wright | ||
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## Meeting Notes | ||
### Introduction and Updates | ||
#### Tyler Wright | ||
- Tyler Wright welcomed everyone to the Sig Chain monthly meeting #14. | ||
- The meeting focuses on the Akash blockchain, Cosmos SDK, governance proposals, and network upgrades. | ||
- Validators and community members are encouraged to join and participate. | ||
- Tyler acknowledged the efforts of validators in voting on proposals. | ||
- Currently, there are three active proposals onchain. | ||
- A recently passed proposal concerns decreasing minimum deposits for deployments and transactions on the tenant and provider sides. | ||
- This change has been tested and is functioning correctly. | ||
##### Active Proposals: | ||
- Highlighted the community and spheron team's contributions to recent discussions leading to parameter changes. | ||
- Specifically mentioned an important active proposal regarding the main upgrade to version 0.332.0. | ||
- Voting for this proposal is ending soon, within the next few hours. | ||
- If passed, a network upgrade is scheduled for tomorrow at 12:37 Eastern Time (UTC conversion to be provided). | ||
- **Network Upgrade Discussion** | ||
- **Tyler Wright** | ||
- Core engineering team led by Artur Troian. | ||
- Messaging about the upgrade will be shared on various channels. | ||
- Documentation updated and available on the docs site. | ||
- Information will be disseminated through Discord and other platforms. | ||
- **Artur Troian** | ||
- Upgrade expected to be quick and easy, minimal downtime. | ||
- Reminder about the US daylight savings time shift; upgrade at 1pm EST. | ||
- First network upgrade of the year, a minor but important change. | ||
- Anticipation for more upgrades later in the year. | ||
- Plan to present and discuss future proposals and enhancements. | ||
- Encouragement for feedback on blockchain improvements. | ||
- **Network Upgrade Discussion (Continued)** | ||
- **Rodrigo Rochin** | ||
- Asked about the lowering of provider AP requirements. | ||
- Queried if it is now cheaper to deploy and have providers. | ||
- **Tyler Wright** | ||
- Confirmed the parameter change from 5 AKT to 0.5 AKT for both provider and deployer sides. | ||
- Proposal 248 outlines the changes. | ||
- Clarified that the parameter change has been tested but defaults to 5 AKT and needs manual adjustment. | ||
- **Scott Carruthers** | ||
- In the process of testing the provider side for the bid minimum deposit. | ||
- Deployment creation using 0.5 AKT is working perfectly. | ||
- Mentioned the need to use a deposit switch when creating deployments via Akash CLI, which defaults to 5 AKT. | ||
- Cloudmos team can set the default to 0.5 AKT on their platform. | ||
- Announcements will be made once provider side testing is complete. | ||
- **Core Engineering Team and Contributions** | ||
- **Tyler Wright** | ||
- The core engineering team is growing with significant community contributions. | ||
- Focus on managing more engineering tasks related to the core product. | ||
- Network upgrades and Sig Chain projects to be included in the product and engineering roadmap. | ||
- Items will be tagged in the backlog section for easy access. | ||
- Aim for transparency and communication through roadmap discussions. | ||
- **Network Upgrade Clarifications** | ||
- **Scott Carruthers** | ||
- Clarified the adjustment lowering provider attribute update prices as part of the network upgrade scheduled for tomorrow. | ||
- Lowering of minimum bid and deployment deposits (already in effect due to a proposal passed yesterday) is separate from the provider attribute update fee reduction. | ||
- **Artur Troian** | ||
- Will release a new CLI version after the network upgrade to include updated default values. | ||
- Historically, the CLI used hardcoded default parameters, but the new release will query the current default bid and deployment deposits if not set manually. | ||
- **Maxime Beauchamp** | ||
- Cloudmos updated to query on-chain parameters, setting the default to 0.5 AKT. | ||
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## Action Items | ||
- Validators and participants are reminded to vote on the active proposal if they haven't already. | ||
- Group to prepare for the planned network upgrade scheduled for tomorrow if the proposal passes. | ||
- Tyler to attach Proposal 248 for Rodrigo. | ||
- Scott to complete provider side testing and communicate the results. | ||
- Cloudmos team to potentially adjust the default deployment parameter to 0.5 AKT. | ||
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## Transcript |