February has been a colossal month at SEDA! We saw the successful completion of major milestones on the engineering side, excellent reception of the Interoperability Verification Module (IVM) framework, the first governance proposals, including inflation, voted on by SEDA Validators and much more.

Highlights at a glance:

• New SEDA website launched
• Introduced the IVM framework
• 2 Governance proposals on SEDA Testnet completed
• Network inflation parameter now live
• Updated documentation
• Code freeze and Sherlock audit underway

Top Content This Month:

📺 | Founders Livestream with Peter & Jasper

GIF

https://www.youtube.com/watch?v=IO2_1N3ISQI&t=1s

📺 | February Community Call

GIF

https://www.youtube.com/watch?v=fWilh_Kc8WM

📺 | February Engineering Blitz

GIF

https://www.youtube.com/watch?v=kHyMWN8wshU

📺 | SEDA x SOCKET “The Chain Abstraction Myth”

GIF

https://www.youtube.com/watch?v=2qZsbNV7biQ

📄 | SEDA Prover Contracts | Horizontal Scalability & Secure Data Verification

SEDA Prover contracts allow any network to post data requests (DRs) and verify data results with day-one integrations.

SEDA Prover contracts address a fundamental limitation in traditional oracle architectures: horizontal scalability across blockchain networks.

Read the article here.

📄 | Introducing SEDA Interoperability Verification Modules (IVMs)

IVMs are a plug-and-play solution for interop protocols, increasing security, providing horizontal scaling, and enhanced decentralization.

Read the article here.

📄 | SEDA Audit

SEDA’s code base is undergoing a robust audit by professional auditing firm Sherlock, offering $90,000 USD in bug bounties.

In the final steps before the SEDA upgrade to mainnet v1.0, the SEDA code audit began on February 17th, led by @sherlockdefi. Sherlock completes tier 1 audits by leveraging an audit competition structure that ensures hundreds of professional researchers review SEDA’s code base.

Read the article here.

📄 | SEDA Case Study: By Plume

Bringing real-world data onto the blockchain has historically been a challenge, hindered by issues such as latency, update frequency, and data availability. Plume Nexus resolves these challenges by providing a robust onchain data highway, engineered for seamless, real-time data integration.

SEDA is working with Plume Nexus to make any RWA data available through its infrastructure.

Read the article here.

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