Crust Network Advances Technical Progress and Ecosystem Collaboration
Wednesday, December 4, 2024 12:00 AM
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Crust Network has recently made significant strides in its technical progress and ecosystem collaboration within the Polkadot framework. Notably, the platform now supports initiating place order transactions from the Polkadot Crust Parachain, which are automatically converted into orders on the mainnet. To address the rising gas fees on Ethereum, the bridge fee for transferring $CRU from the Crust mainnet to Ethereum has increased from 10 $CRU to 30 $CRU. Additionally, a bi-directional XCMP channel has been established between Crust and Bifrost, enhancing cross-chain capabilities. The team is also testing a customized Crust IPFS image based on the latest IPFS code and exploring solutions for a non-TEE lightweight mining client.
In terms of ecosystem collaboration, Crust Network is actively engaging with various projects within the Polkadot ecosystem. Although Polkadot is developing a native service for object storage, third-party services like Apillon via CrustNetwork are currently available. The launch of the Polkadot ecosystem dashboard on Token Terminal marks a significant milestone. Furthermore, GoPlausible is leveraging CrustNetwork to provide permanent, decentralized storage, ensuring data security and accessibility. The Crust Parachain has opened an HRMP channel with Bifrost, facilitating seamless data and asset transfers between the two parachains. A massive airdrop event co-hosted by Crust and other networks is also on the horizon, promising exciting opportunities for the community.
Community engagement remains a priority for Crust, as evidenced by their sponsorship of offline meetups for the Chainspace Community and participation in various events, including the Global AI+DePIN Exhibition in Bangkok. Crust has also been active in promoting creative initiatives, such as an AI-generated song contest and an AI Music Video Challenge, fostering a vibrant community spirit. As Crust continues to innovate and collaborate within the Polkadot ecosystem, it is poised to redefine decentralized storage solutions for Web3, offering users trustless and user-controlled data management tools.
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