A few quick notes from Harmony All Hands July 26th, 2021.
Li just returned from EthCC in Paris. He sees better return for the ecosystem in getting embedded and involved with the people building on ethereum. From a week worth of networking, he has upwards of 10 new partners to further qualify as potential collaborators. We can and should be the first stop for multichain applications.
Peter is focusing on the upcoming hackathon. Registration is open until August 15th. The prize pool is $1M and the focus is on bridging traditional finance with defi. There are over 500 people already registered without a significant marketing push. Hackathon will have speakers and panels (watch for more announcements on those) and will run from August 16th until the end of September.
RJ answered some questions regarding block latency. As of Monday, Shard 0 was running at about 3 seconds per block. That is causing the epochs to be roughly 26 hours long (rather than roughly 18 hours). As a short term solution, the block rewards will be switched from being distributed every block (which causes a massive amount of transactions to tens of thousands of delegators) to every 64 blocks. Other solutions are in the works.