This document provides updates on Ethereum proposals and Chronologic projects. It discusses developments to the Chronos validator and Melonport integration. It also summarizes research articles on gas pricing mechanisms and execution markets. Proposed Ethereum Improvement Proposals around meta payments and delegated execution are outlined. Finally, it discusses how Chronologic's timenode ecosystem could provide autonomous timer simulation services on the blockchain.

1. ETHEREUM PROPOSALS AND
UPDATES
24 JULY 2018

2. 2
DEV UPDATES
• Chronos Validator + Melonport Integration
• https://github.com/chronologic/chronos-melonport
• Token Allocater Updates and Fixes
• https://github.com/chronologic/token-allocation-distributor
• Updates to Dapp (Show analytics unavailable)
• Dai and Day token transfer natively in Dapp (develop branch)

3. 3
RESEARCH UPDATES
• Piotr posted an article about the gas price mechanisms in the EAC
• https://blog.chronologic.network/how-to-picking-the-right-gas-price-for-
scheduled-transactions-94e740328ec9
• Logan posted an article on Execution Markets
• https://blog.chronologic.network/execution-markets-part-i-
2e26c31ebace

4. 4
DAPPCON UPDATES

5. ETHEREUM IMPROVEMENT
PROPOSALS

6. 6
ERC-1197 Meta Payments
• https://github.com/ethereum/EIPs/issues/1197
• Why standard for payments ?
• Known payment types
• Compatibility (ERC 20, ERC 223, ERC 721)

7. 7
ERC-1228 Delegated Execution
• https://github.com/ethereum/EIPs/issues/1228
• Purpose of Delegated execution standard
• Related proposals
 ERC 948 : Recurring Subscription Models
 ERC 1077 : Executable Signed Messages refunded by the
contract
• How is this connected to Timenodes ?

8. 8
ERC-1228 Delegated Execution
• Decentralized Execution market
 Open source timenode services market
 Better economics with multiple sources for execution
• Economic Implication to Timenodes
• Position of Chronologic and effect on DAY

9. 9
MELONPORT IMPROVEMENT PROPOSALS
• MIP3 - Contract-Owned Melon Funds :
https://github.com/melonproject/MIP/issues/3
• MIP4 - Autonomous Melon Funds with Chronos:
https://github.com/melonproject/MIP/issues/4

10. 10
HOW DOES IT ALL ADD UP?
Timenode ecosystem + Generic delayed executions
=
Autonomous timer simulation as a service on the Blockchain

11. 11
WHAT NEXT?
• Solving the timenode algorithm problem
• Accumulating sufficient community confidence in the system, to
support other systems
• Support both existing and not yet existing implementations of
delayed executions.

12. 12
Q&A

13. LINKS
https://chronologic.network
https://blog.chronologic.network/
https://github.com/chronologic
https://github.com/ethereum-alarm-clock
https://t.me/chronologicnetwork
https://t.me/chronologicnews
https://www.youtube.com/channel/UCTAH_8hSgbzd8Mq84z
MsZJQ
@ChronoLogicETH