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Create meeting notes for sig-chain #14
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Signed-off-by: George Appiah <[email protected]>
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# Akash Network - Chain Special Interest Group (SIG) - Meeting #14

## Agenda

- 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

## Meeting Details

- Date: Tuesday, March 12th, 2024
- Time: 08:00 AM PT (Pacific Time)
- Recording: Coming Soon
- [Transcript](#transcript)


## Participants
- Artur Troian
- Joao Luna
- Maxime Beauchamp
- Rodrigo Rochin
- Scott Carruthers
- Tyler Wright

## 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.

## 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.

## Transcript

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