Hello aelf Community,

Welcome to the October edition of the aelf Monthly Digest! Let's recap what happened in the past month: advancements in aelf’s technology, highlights ecosystem development, events, and Web3 industry insights.

Technology

1. aelf Network News: Transaction Fee Estimates, dAppChain Unveiled

In October, we introduced a new API, api/contract/estimateMethodFee, for estimating transaction fees. It can calculate the gas fee required to get a raw transaction onto the blockchain, regardless of whether the transaction ultimately succeeds. This enhancement provides users of the AI blockchain with an additional option for obtaining estimated transaction fees.

With the changing of the months, we've also had a big (chain)ge of our own: the aelf SideChain is now formally known as dAppChain. This refresh makes it easier and quicker for users to distinguish the function and purpose of the aelf MainChain and the aelf dAppChain.

The aelf dAppChain remains central to the aelf ecosystem, supporting key functions and providing an upgraded foundation for scaling decentralised applications with faster transactions, AI capabilities, and enhanced developer tools.

Users can better determine which chain to choose when interacting with dApps within the aelf ecosystem.

Read the full announcement.

2. aelfscan Now Displays Multi-Chain Data

In October, aelfscan implemented comprehensive improvements to optimise multi-chain data display, enhancing both the user experience and data accuracy. The specific enhancements include:

Data display optimisation: aelfscan redesigned some data interfaces to make them more intuitive and easy to understand. Users can now browse and analyse multi-chain data more conveniently, ensuring the clear communication of information.
Data issue resolution: aelfscan conducted an in-depth investigation and correction of data issues identified through user feedback and internal testing, ensuring the accuracy and reliability of each data.
New data APIs: To better serve developers and users, aelfscan introduced several new data APIs. These APIs enable users to access core aelf network data in real-time, including block information, transaction details, and node status. Users can easily integrate this data into their applications to meet various needs.

As aelf celebrates a combined 1 billion blockchain transactions across both the MainChain and dAppChain, aelfscan will continue to improve users' experience with more comprehensive and precise on-chain data services, further driving the application and development of AI-enhanced blockchain technology.

Check out aelfscan here.

Ecosystem

New Shoots on NFT Forest

Digital art enthusiasts and collectors would've noticed a blossoming of new details on the Forest platform.

It has just released its latest version, Forest 2.19.0; it showcases a redesigned NFT detail page, where users enjoy a clearer layout and smoother user experience. Navigating NFT collections would be effortless with improved item sorting and display on the 'Profile' page.

The fine-tuned homepage user interface now offers an even more visually pleasing browsing experience.

EcoEarn Optimises Web Experience

EcoEarn, the pioneering decentralised staking platform on aelf's AI Layer 1 AI network, is thrilled to announce its web optimisation. This upgrade brings a seamless and efficient staking experience: soon, users can dabble in a variety of staking options, including Points Staking, Simple Staking, and Liquidity Staking (LP), all from the convenience of a web browser.

EcoEarn's AI-powered audits and gas fee optimisation also build on the smooth and cost-effective staking environment.

Votigram

Votigram is a new Telegram Bot—powered by aelf—that enables users to create community polls with on-chain recorded votes. With every poll and every vote recorded on-chain, participants have complete confidence in the integrity of each poll, as votes are secure and tamper-proof.

This unique Telegram bot exemplifies how blockchain, utility, and mobile messaging convenience converge to deliver real value to the community.

AeFinder

AeFinder has undergone several updates in October, with key enhancements as follows:

Optimised rolling updates to enhance the availability and stability of AeIndexer
Enhanced the GraphQL API to support unrestricted cross-origin requests, improving usability
Adjusted code inspection to support more common classes and methods, further enhancing usability

AetherLink

AetherLink has also seen a few updates in October, including the successful launch of its general cross-chain messaging capability on the Testnet. Additionally, there have been updates to the ABP and Dotnet versions, as well as improvements to Log and Exception. These enhancements have significantly improved the performance and functionality of AetherLink.

aelf's Ecosystem, the Facts and Figures

aelf AI blockchain ecosystem — aelf ecosystem map

aelf's thriving ecosystem continues to grow, with new AI and community partners, and Web3 games added to the mix. From January to October, total wallet addresses almost 7X-ed from 124,000 to 850,000; when compared to September, total wallet addresses went up by 71%, from 497,000 to 850,000. This highlights aelf's accelerating adoption and expanding dApp ecosystem.

Which dApp in particular got your attention?

Events

1. Bounty Competitions Bring out the Best in Web3 Solutions

Last month, we concluded a bug bounty challenge jointly organised by Google Cloud Platform and StackUp, and crowned three winners. The winning project that scored the grand prize, aelfgenie by Chel Koby, was created with a laser-focused goal of simplifying dApp development using AI-powered tools. aelfGPT and Lambdified, the runner-up and second runner-up project respectively, also brought innovative AI-infused solutions to the fore.

That's not the only challenge. In a partnership with Remedy, a leading cybersecurity community, we invited security researchers, developers, and ethical hackers to participate in a bug bounty program, in which the winning project will win up to $50,000.

Get the details here.

2. Let Your Creativity Loose in the AI2NFT Campaign

Stability AI and aelf AI blockchain are giving you the chance to Van Gogh your way to 210 $ELF and 100,000 Stability World AI credits!

In the AI2NFT campaign, you can participate by AI-generating a masterpiece on Stability AI, before minting it for free on Forest, aelf's NFT marketplace.

Find more details here.

3. aelfinity at RNS Institute of Technology

The latest stop in our aelfinity Developer Workshop Series took us to RNS Institute of Technology in Bangalore, India. Over 100 students joined the workshop, gaining insights into the fundamentals of blockchain and smart contracts and participating in hands-on tutorials to start building on aelf AI layer 1 blockchain. We’re grateful for the institution's warm welcome and look forward to connecting with more developer communities and tech enthusiasts!

4. October AMA: aelf Sees Into the Future With Three Protocol

aelf recently participated in an Ask Me Anything (AMA) hosted by Three Protocol, where they discussed the convergence of blockchain and AI. The session kicked off with a thought provoking question: "It's been 16 years since Bitcoin released its white paper. How do you think BTC will unfold in the next 16 years?"

aelf's contribution to the AMA highlighted the growing importance of AI and its potential to supplement the adoption of blockchain. In order for blockchain and crypto to become more widely accepted, people shouldn't have to grapple with its complexities, and that is where AI agents can help.

To wrap up the session, attendees participated in a fun quiz, with the fastest respondent winning USDT rewards.

Listen to the AMA here.

Industry Insights

Did you know? The alpha version of Telegram for Android was released exactly 11 years ago, on 20 October 2013. As a nod, we telegraphed no few coverages on the messaging super app, especially since the Mini App platform has been taking the world by storm.

Powered by TON blockchain, these bite-sized apps are small, easy to digest, and surprisingly addictive—in spite of their simplistic nature. The detailed guides found on Telegram and TON's websites hint at the ease of building these apps for inexperienced developers to tap into Telegram and Web3 users.

Mini Apps' virality proves that sometimes, less really is more.

And here's the kicker: this trend could be the Trojan Horse that sneaks Web3 into the mainstream. As users get comfortable with Mini Apps, they're also getting a taste of the decentralised, user-centric future that Web3 promises.

1. The Best Telegram Mini Apps to Try

Telegram users (and even infrequent Telegram users) are big on Mini Apps these days. The platform unlocks more than just messaging to indulge users in Web3 gaming, entertainment, social, and DeFi applications—all from within the app. We round up the best ones that are not just on-chain, but on-point.

2. The Fall of Play-to-Earn Games: Lessons for Telegram Mini App Tap-to-Earn Games

Do you remember Axie Infinity, Gods Unchained, and The Sandbox? They introduced the world to play-to-earn games (and the Metaverse) and heightened their popularity once upon a time. They have since faded into the background, with Web3 gaming's flavour du jour being Telegram's tap-to-earn games. Will the tap-to-earn suffer the same fate as play-to-earn, or will the powerhouses in Hamster Kombat, Catizen, and Empire X supersede expectations?

3. aelf Playground Review: What Makes It an Attractive Development Environment?

Building and deploying applications on the blockchain is hard work. aelf Playground, aelf's integrated development environment, wants to help you turn work into play. The innovative platform offers a suite of tools designed to streamline your workflow, including AI-powered audits to ensure your smart contracts are error-free, and gas fee optimisation to keep your costs down.

Try building with aelf Playground today.

4. What Are DePINs?

It is short for Decentralised Physical Infrastructure Network, and they underpin a futuristic, decentralised model for traditional infrastructures such as wireless connectivity, energy grids, or data storage.

Learn more about how DePINs combine blockchain and AI reshape the future of infrastructure.

5. What Made Telegram Mini App Such a Red Hot Trend?

New partnership alert! Our write-ups on all things AI, Telegram, and blockchain are now available on Blockster, a Web3 culture publishing platform. Our inaugural piece examines how Telegram Mini Apps' virality came about, plus a shortlist of the 10 most popular games if you get a kick out of playing and earning.

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*Disclaimer: The information provided on this blog does not constitute investment advice, financial advice, trading advice, or any other form of professional advice. Aelf makes no guarantees or warranties about the accuracy, completeness, or timeliness of the information on this blog. You should not make any investment decisions based solely on the information provided on this blog. You should always consult with a qualified financial or legal advisor before making any investment decisions.

About aelf

aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and advancing Web3 and AI technology adoption.

For more information about aelf, please refer to our Whitepaper V2.0.

Stay connected with our community:

Website | X | Telegram | Discord

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Tool/Platform	What's it about
ChainGPT	An AI-powered assistant for the blockchain and crypto industry, specializing in content creation, language translation, smart contract coding, and more.
aelf	A high-performance, customisable multi-chain blockchain framework with AI-powered smart contracts and a developer-friendly environment.
Quick Intel	An AI-powered crypto security platform that helps investors avoid scams, rug pulls, and honeypots by analysing smart contracts, social sentiment, and on-chain data.
Cogwise AI News Aggregator	An AI-powered news aggregator that analyses real-time news and global trends to predict market movements in the crypto market.
OpenAI Codex	An AI system that transforms natural language into code, automating code creation for smart contracts, blockchain applications, and other development tasks.
QnA3	An AI-powered Web3 knowledge hub that provides real-time information and insights on cryptocurrencies, blockchain projects, and the broader Web3 ecosystem, with unique Solana Actions integrations.
Fetch.ai	A platform that combines AI and blockchain to create autonomous economic agents (AEAs) for various applications, including supply chain optimisation and smart city management.
Octavia	A decentralised digital identity (DID) platform for creating and managing self-sovereign digital identities, empowering users to control their data and online presence.
TensorFlow	A versatile open-source machine learning framework used for building AI models that can analyse blockchain data, enhance security, and predict market trends.
Alethea	A platform that creates 'Intelligent NFTs' (iNFTs) with unique personalities and the ability to engage in conversations, powered by AI and blockchain technology.

Chain	URL	Explorer
AELF	https://aelf-test-node.aelf.io/	https://explorer-test.aelf.io/
tDVW	https://tdvw-test-node.aelf.io/	https://explorer-test-side02.aelf.io/

Feature	Description
Inheritance	ERC-404 inherits from the interfaces IERC-404, IERC721 Receiver, and IERC165, implementing functions specified in these interfaces, behaving as both ERC20 and ERC721.
Data Structures	Mappings track balances, allowances, approvals, and ownership of tokens. Double-ended queue stores ERC721 token IDs. Data for managing ownership and indices of ERC721 tokens.
Constructor	Initialises token name, symbol, decimals, and other necessary variables for ERC20 and ERC721 tokens.
Token Minting and Burning	_mintERC20 function for minting ERC20 tokens. _retrieveOrMintERC721 function for minting ERC721 tokens and retrieving from a bank. _withdrawAndStoreERC721 function for depositing ERC721 tokens into the bank.
Transfers	Functions for transferring ERC20 and ERC271 tokens between addresses. Distinguishes between token types based on ID. _transferERC20WithERC721 function handles transfers involving both types.
ERC20 and ERC721 Interactions	Approve function handles approvals for both token types. Functions like transferFrom, safeTransferFrom, and permit handle transfers and approvals.
EIP-2612 Support	Supports EIP-2612 permit functionality for ERC20 tokens.
Interface Compatibility	Implements necessary functions for ERC-404 and ERC165 interfaces, indicating compatibility with ERC20 and ERC721 standards.

Role	Max Number
BP	2N+1, N starts from 8 in 2022
Candidate node	5*(2N+1)
Voter	No limit

Benefits	Description
Makes smart contracts 'smarter'	AI-driven smart contracts can autonomously modify terms based on predefined conditions and real-time data input, ensuring that the contracts are not just automated but also intelligent and self-improving over time.
Levelled up data analysis	Data is the new oil, and AI is the machinery that refines it. It is possible for AI to reduce large-volume blockchain data analysis time by up to 90%.
Boosts security	Through machine learning models, AI can prevent frauds and detect security threats in real time. It can identify potential breaches, predict future threats, and adapt to evolving security measures.
Lowers carbon footprint	AI algorithms help optimise energy consumption in blockchain operations, given the flak drawn by activities like Bitcoin mining.

aelf Monthly Digest – October 2024