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Neo Upgrades MainNet and Hosts AI Hackathon in London

Neo”s MainNet upgrade enhances transaction handling, while the London AI Hackathon fosters blockchain and AI innovation.

Neo has announced a significant upgrade to its MainNet, moving to version 0.5.1. This latest release introduces several enhancements, including improved handling of Envelope transactions. Notably, the upgrade maintains compatibility with previous versions 0.4.2 and 0.5.0, eliminating the need for node resynchronization.

In addition to the upgrade, Neo has partnered with SpoonOS to host the London Bowl, the third event in the ongoing Scoop AI Hackathon series. This event, scheduled for December 6-7 at Encode Hub in Shoreditch, will bring together developers for a weekend focused on building decentralized AI applications using the combined technology stack of Neo and SpoonOS.

Prior to the London Bowl, SpoonOS conducted an online workshop aimed at fostering skills in Go development and data storage on the NeoFS platform. The workshop, presented in Russian by developers Andrey Butusov and Tural Devrishev, was well-received, furthering community engagement.

Moreover, SpoonOS hosted its ninth AI Co-Learning Program, featuring a session on Graph-Language Systems, led by Shengyao Lu from the University of Victoria. Participants had the opportunity to win prizes, including $200 in GAS and OpenRouter API Keys.

In gaming news, World of Elements released version 1.10 of its single-player RPG. This update introduced various quality-of-life improvements, rebalancing features, new content, and performance enhancements, continuing the integration with the Neo blockchain and the FRANK token reward system.

On the proposal front, GrantShares has put forth two notable proposals. The first, the Solar DePIN Project focusing on Carbon Smart Meters, has been added on-chain and is awaiting endorsement. The second proposal, GS-004 (NEO-FairAuction), is currently under discussion.

Flamingo Finance concluded Epoch 32 with total payouts amounting to $7,391.83. The organization reported that 275,593 FLM tokens were utilized to buy and burn 405,968 FLOCKS. However, it is important to note that the FLM token was delisted from the Binance custodial exchange, with OKX also scheduled to delist the token on November 19.

In terms of network activity, nDapp reported that users claimed approximately 96,235 GAS in the past week, with the on-chain activity resulting in the burning of around 1,239 GAS.

In a community engagement effort, Frank Coin hosted a GasBot trivia contest on the FrankCoin channel of the NeoF1 Discord server, distributing rewards in GAS to participants.

Developer updates include the release of dynamic block testing on NeoFS MainNet, aimed at reducing transaction latency by halving the minimal block time to 500ms. Additionally, Neo SPCC has rolled out several updates, including Neo Exporter v0.15.1, NeoFS REST Gateway v0.15.0, and NeoFS SDK Go RC16, which now includes experimental erasure coding support.

Upcoming events include the SpoonOS Scoop AI Hackathon in Moscow on November 23 and the Meme2Earn Community Fireplace event on November 25.

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