It’s only been a month since we delved into the latest goings on from the world of Essentia, but so much has happened since then! In this, our latest report, we’ve got a lot to cram in following a month of conferences, sponsorships, and endless hard work.
Over the course of the past month, our development team have addressed a number of major tasks. We don’t have the time and space to cover everything they’ve been beavering away on, but we’ll outline the most important ones at least.
ERC20 token support is now implemented into the Essentia wallet, which is undoubtedly one of the most significant updates. Among the active currencies it now supports are Aragon, Mysterium, Status and Flyp.me. The transaction history option, as well as the rise-fall graphs for all of these cryptos, were also added.
We implemented StorJ, IPFS and Siacoin as additional config file storages, which adds another layer of security to Essentia. We also made it possible to upload/download different file types into/from the integrated storages. As a comparison, before this update users only could upload text documents.
A basic version of the eLogin was implemented, which is a means of granting authorization to all the integrated dApps using crypto-sign.
Ledger Nano S
At Essentia, we’re always trying to find ways to increase the security of our users. To further that objective, we’re pleased to report that it’s now possible to use the Ledger Nano S pocket hardware wallet to log-in to our framework.
We are also very excited about our partnership with multi-crypto exchange Flyp.me. Essentia is all about convenience and what could be more useful than the ability to access multiple wallets and switch seamlessly between cryptocurrencies? This is why Flyp.me seems to be the perfect fit for the framework.
The Essentia team has also decided to join the Bitcoin Association Switzerland. They organize free social and educational events which help to spread awareness about cryptocurrencies and blockchain technology all over the world.
We’ve created our roadmap, where we provide detailed information about what we’ve already accomplished and what is still to be done. We’ve also come up with our Foundation & Business Plan, which outlines Essentia’s history, business use-cases, the intended use of revenue, etc.
The Essentia team has also specified the ESS Token price, their distribution, and hard cap. You will find more information about this here.
Also, you can learn more about Essentia’s token utility in this article.
We are glad to report that the Essentia team is growing. We now have new members on our advisory board in the form of Erik van der Staak and Francesco Fusetti. With such talented people onboard, who share our belief in Essentia, there is no doubt that we will reach our goal of creating a new way to access and manage your decentralized life.
The project is growing at a breakneck speed and thus we need more and more hands. If you want to join our team of professionals, you can apply for a position here.
Now to the most important news — Essentia’s alpha version will be published soon!
Anyone who’s so inclined will be able to try the framework’s functionalities for themselves. More information will be announced in the coming weeks — don’t miss it.
If you have any questions or concerns, feel free to leave them in the comments section below or contact us directly on social media.