HydraDX-node VS substrate

This referendum, if approved, will upgrade HydraDX runtime to v14.0.0 - full details can be found at: https://github.com/galacticcouncil/HydraDX-node/releases/tag/v14.0.0 - however, some key points:

Update HydraDX (HDX) runtime upgrade required before distribution can be completed. Github

HydraDX (HDX)

It’s time. The old web https://hydradx.io has served it’s purpose, but as HydraDX and Basilisk itself grow and come closer to the launch, we need to step-up the game.

All validators, please update to 6.0 ASAP. As preparation for the genesis 3 transition, we need to upgrade chain-data and for that new node version is needed. Don't forget to stay hydrated! https://github.com/galacticcouncil/HydraDX-node/releases/tag/v6.0.0 No further action is required. Please don't purge the chain! Session keys will be persisted this time so no need to rotateKeys.

Here is a source for the first point: https://i.imgur.com/Fx24nEZ.png Kubo is a founder of HydraDX, https://hydradx.io/,

Substrate — a framework for building application-specific blockchains (written in Rust);

frame-benchmarking = { version = "4.0.0-dev", default-features = false, optional = true, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v1.0.0" }

To offer some perspective outside of the typical "all crypto is a scam", Parity is doing some cool stuff with a rust modular blockchain library called Substrate https://github.com/paritytech/substrate.

Rust takes the cake in the blockchain space: Substrate, Cosmos (CosmWasm), and Solana. All of the zero knowledge cryptography libraries used for layer 2 solutions are written in Rust, compiling to Wasm (see arkworks, Risc0). Ethereum's next version of smart contracts will even use a restricted subset of Wasm ("Ewasm") instead of EVM.

Verifying NPoS election solution graph and its score is a memory-intensive operation that needs to be performed within a single block time. Under the current runtime constraints, a solution graph with 22,500 nominators can be verified well within the block production time on Polkadot. There are plans to improve on this and implement multi-block election solution verification, after which, the NPoS system can scale to incorporate more nominators.

Fast-unstake is now available on Kusama. This allows instant unstaking if you have not participated in staking in the last 28 eras. https://github.com/paritytech/substrate/pull/12129

First, any outstanding multisig calls (ones where one signatory has signed, but not the threshold) will not be able to execute. Please either finish your multisig calls before this upgrade, or wait until after it is completed. https://github.com/paritytech/substrate/pull/12072

Github: https://github.com/paritytech/substrate