I'm delighted to welcome you to the first issue of ProtonUK newsletter. With Metal slowly adding more products and the substantial growth of the community one could easily lose track of the events. With this newsletter, I'm hoping to bring you the latest news, articles and insights into Proton ecosystem.
Any comments and suggestions are more than welcome. You can find me on Twitter, Telegram as well as Reddit. Thank you for supporting ProtonUK.
November is a special month for the Proton community. Proton Loan and fiat integration in Proton Wallet ware scheduled for release in Q3 but were postponed to Q4 with the intend to be released in November. As of today, they are still not available.
Another much-anticipated update is the new Proton Wallet 2.0. The new wallet is based on React Native and it will look sleeker and provide a better user experience. The shared codebase between iOS and Android will allow for the wallet to be released at the same time with the same features across both platforms. The new wallet will allow the use of multiple accounts and an easy way to switch between them. Proton Wallet 2.0 is in close beta testing now and we are told it's a few weeks away before it gets released. You can see some screenshots and read the full blog post here.
For the past few days, the existing wallet didn't behave very well on iOS. Users couldn't approve transactions or claim rewards and were told to wait for 2.0 and use Anchor Wallet in the meantime. However, it was causing too much grief and the team deployed an emergency fix that went live late last night. If you are on iOS and experience lag in the Proton Wallet, make sure you update to the latest 1.1.18 version. Go into the App Store and click on the app profile for the update to appear.
This week Metal Pay moved one step closer to running on Proton Chain. Proton mainnet support on Metal Pay was announced earlier this week. People in the US can now easily buy XPR on Metal Pay and send it to Proton Wallet at no cost! Next stop xtokens support.
Another significant milestone was the announcement of Metal Pay Europe waitlist in September while the team attended Money20/20 Europe. That should read Europe but not the UK, we all know why. However, given that Railsbank (Metal partner in Europe) is a UK company and the registration of METALLICUS LIMITED last month, hints that we will get Metal Pay in the UK soon or later. You can download Metal Pay here. Read more on Metal blog.
We finally got the video recordings from Money2020, make sure you check them:
- Marshall's presentation "Intersection of TradFi & DeFi - How Blockchain Revolutionizes Banking"
- Irina's part in the panel on the topic of "Understanding the Challenges of Blockchain Innovation for US Fin. Services Regulators"
- As well as Syed taking part in "How the Gap Between Centralized and Decentralized Finance is Closing"
- Lee Woolley and Don Berk on "Old Bankers Discuss New Challenges in Crypto"
A new subreddit dedicated to Proton NFTs is now available:
ProtonMT (another block producer on Proton Chain) announced yesterday a new great incentive to help with the growth and adoption of Proton Chain. Every quarter, starting the end of December 2021, up to 10% of the ProtonMT block rewards for that quarter will be given to a winning project or start-up that can help grow Proton Chain. Read more here.
Also, consider supporting Proton which is nominated for an award in the best blockchain for NFTs category on NFTcast.
In other news, earlier this week the number of members on the Proton Chain telegram group crossed 12k members and 5k on Reddit at the same time. It's great to see the community growing.
At the same time, the number of accounts on Proton Chain passed 80k earlier today.
- Proton and Metal data source: CoinMarketCap
- Price change based on last Thursday and Thursday before, close price using latest data in range (UTC)
- Loan data source: Protonscan (Alcor exchange only at the moment)
The first pick in this section goes to no one else but Marshall and his beautiful tweet from earlier today.