Check out the first episode of “The RHIZOME Report,” a podcast dedicated to providing coverage about the ICON ecosystem. In this episode, William McKenzie chats with ICX Station’s Scott Smiley and Daeki Lee about a variety of topics including P-Rep candidacy, ICON’s penalty system, working in a globally distributed company, and more.
RHIZOME Offline EP5 - ICX Staking & Rewards →
If you’re interested in learning more about ICX staking and rewards, be sure to check out the latest episode of RHIZOME Offline.
RHIZOME Offline EP6 - ICON Fee 2.0, Min Kim Interview, and Pantera Capital Update →
Episode 6 of RHIZOME Offline. Topics include ICON’s Fee 2.0, an interview with Min Kim, and an update on Pantera Capital’s relationship with ICON.
ICON Updates ICX Transaction Fee System to "Fee 2.0"
Yesterday, “Fee 2.0” was published to the ICON mainnet. Fee 2.0 is a major update to ICON’s transaction fee system that allows DApp operators to pay transaction fees for users. At first glance, this update may seem insignificant, but it’s actually a huge step in the right direction for mass adoption of DApps.
An In-Depth Look at ICON's Un-Staking Period
In a previous post, we discussed ICON’s staking reward model on a general level. While that post touched on the “un-staking period” concept, I’ve seen a lot of confusion regarding the un-staking period over the past few weeks. In this post, we’ll take an in-depth look at ICON’s un-staking period to understand what it is, and why it’s needed to maintain a secure and stable network.
ICON's ICX Staking Reward Model
In ICON’s initial network design, public representatives (P-Reps) had the power to influence ICX reward rates. Recently, ICON Foundation decided to change the reward model to reduce the power of P-Reps. In the network’s current state, the ICX reward rate is a function of the percentage of network staked, and there are no other contributing factors. In this post, we’ll discuss how the ICX reward rate is calculated, along with the economic implications of a lowly staked network versus a highly staked one.
Clarifying ICON's IISS & Pre-Voting Update
Last week, ICON announced a major change to IISS (ICON Incentive Scoring System), and provided details about the upcoming P-Rep pre-voting period. In this post, we’ll discuss the changes to IISS, as well as what kind of ICX rewards ICONists can expect to see during the pre-voting period in August. ICON’s initial IISS model relied on P-Reps setting ICX reward rates. Over time, the ICON team realized this model could potentially give too much power to the P-Reps in terms of the network’s monetary policy. As a result, ICON has updated the IISS model to automatically calculate ICX rewards based on the percentage of network staked. The team has also added an un-staking variable, which is also calculated from the percentage of network staked.
How to Speed up Your WordPress Site with Autoptimize
Autoptimize is a popular WordPress optimization plugin. Unlike other plugins like WP-Rocket and WP Super Cache, Autoptimize is strictly an optimization plugin. It doesn’t offer any page or object caching features, so that’s something to keep in mind if you’re looking for a plugin that also supports caching. In addition to Kinsta’s “must-use” caching plugin, Autoptimize is the only optimization plugin I use on this website to get a load time of 600 ms or less on most pages. In this post, I’ll share my Autoptimize settings, and teach you how to use this plugin to speed up your WordPress site.
How to Disable WP-Cron to Increase WordPress Performance
A cron job is a server command that automatically executes at a predefined time. In the context of WordPress and other content management systems, cron jobs are useful for tasks like updating plugins every two weeks, running a database optimization routine every other night at 2 AM, exporting a CSV file containing sales data every 4 hours, and more.
5 Tips to Secure Your WordPress Site
WordPress is the world’s most popular content management system. It’s also one of the most popular targets for hackers and other malicious actors. In this tutorial, you’ll learn about five ways to make your WordPress site more secure.