STEEM EVM Update: 413K Blocks & Progress on v0.0.3 Upgrade

in Steem Dev2 days ago

The Steem Virtual Machine (SVM) continues to operate with exceptional stability, having now crossed 413,000 blocks. The network remains healthy with consistent block production and a full validator set actively securing the chain.

Previous Updates


🚀 Upcoming Upgrade: v0.0.3

We are making significant progress on the next major upgrade, v0.0.3, which will introduce several critical features to enhance the functionality and security of the SVM.

Key Features in v0.0.3:

  • SBD Bridging: Enabling seamless transfers of Steem Backed Dollars (SBD) between the Steem blockchain and SVM.
  • Price Oracle Integration: Implementing a robust price oracle to provide accurate real-time data for DeFi applications like lending and stablecoins.
  • Validator Accountability: Enhancing mechanisms to ensure validators remain active and honest, further securing the network.

For more details on the technical specifications and roadmap for this upgrade, please read my latest deep-dive post:
SteemVM v0.0.3: SBD Bridging, Price Oracle & Validator Accountability


Network Health & Statistics

The blockchain is performing smoothly with all validators maintaining excellent uptime.

Current Network Stats:

  • Total Blocks Produced: 413,000+
  • Total Transactions: 9,070
  • Average Block Time: ~6.5 seconds
  • Active Validators: 12 (All Healthy)

Current Validator Set (12 Nodes)

Thank you to all our validators for their dedication and consistency:

  1. @blaze.apps
  2. @upex
  3. @cur8
  4. @blazed007
  5. @steem-agora
  6. @xpilar.witness
  7. @yasu
  8. @dhaka.witness
  9. @happycapital
  10. @steem-space
  11. @luxalok
  12. @justyy

How to Connect & Participate

If you value proactive engineering, UX polish, and performance optimizations for the STEEM ecosystem, please consider supporting my witness: blaze.apps

Vote for blaze.apps Witness