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OriginTrail to Rollout DKG v.8.1.X on June 23

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DKG

OriginTrail has announced the phased launch of its DKG v8.1.X mainnet upgrade, starting June 23. The release introduces automated resilience for core nodes, transitions the protocol into the Metcalfe Convergence Phase, and activates TRAC staking rewards based on the “Proof of Knowledge” mechanism. Key milestones include the core node update on June 24, staking dashboard reactivation on June 26, and further enhancements in early July.

TRAC Info

OriginTrail, a decentralized protocol, facilitates efficient data sharing across various entities within a multi-chain ecosystem.

Developed by Trace Labs, the underlying protocol of OriginTrail was introduced in 2018 on Ethereum as the first-ever “Decentralized Knowledge Graph”. This blockchain-based protocol has been pivotal in promoting multi-chain interoperability among participants in the data-sharing ecosystem, allowing users to store and access shared and discoverable data within the network.

Currently, OriginTrail is interoperable with Ethereum, Polygon, and Gnosis Chain. OriginTrail’s native token, fundamentally an ERC-20 cryptocurrency, can be traded with other cryptocurrencies on the Ethereum platform.

After the Ethereum Merge, transactions involving the token are validated using the Proof-of-Stake (PoS) consensus mechanism, reinforcing the token’s credibility and security within the ecosystem.