This is the second in the series of monthly Paradigm community updates. These digests summarize the progress that we’ve made over the last month. If you’re new to Paradigm, you can read our introduction article here.

Key points and announcements this month:

Development roadmap published

Dharma integration development commenced

OrderStream network updates

Research article on global liquidity

Development roadmap:

Following from our successful 0x genesis trade last month, we recently published our development roadmap identifying our key development milestones for the next year. Our focus for the rest of 2018 is building out and launching the beta of our Paradigm network, as well as finishing the processes involved with integrating and wrapping the contract logic from projects including 0x, dydx and Dharma. Check out our article to see the detailed roadmap.

Dharma integration developments:

Last month we began integrating the settlement logic from 0x. This allows native support for 0x orders on our network. This month we have started integrating Dharma, a platform for the lending of tokenized debt. At a high level, this process involves creating a smart-contract wrapper to allow Dharma orders and trades to talk with our OrderGateway contract and the OrderStream network. This process is still in its early stages and more details will be released soon, with a test trade of a Dharma debt via the Paradigm system to follow.

OrderSteam network updates:

Our OrderStream network can be most easily thought of as a decentralized order book. Earlier this month we published a post to Reddit justifying and explaining our network design decisions of prioritizing the network to be feeless, consistent, scalable, decentralized and accessible.

The first iteration of the OrderStream network was built using BigChainDB and served as a proof-of-concept for the network. We are now working on our new custom OrderStream implementation which uses Tendermint for consensus and state replication. This custom implementation will be tailored to the needs of the OrderStream, and will act as a reference implementation for future versions of the node software. You can check out the Reddit post here.

Research article on global liquidity:

Establishing effective global liquidity is one of Paradigm’s core goals. Last month Liam Kovatch (Co-founder and CEO @ Paradigm) wrote a comprehensive thesis (warning: it’s math heavy) putting forward the argument for global liquidity. He explores how hybrid decentralized settlement logic (financial primitives) are building the basis for a more efficient and inclusive global economy, and that global liquidity is therefore a realistic opportunity, promoting a new level of efficiency and liquidity within exchange markets.

Official Paradigm community channels: