Create meeting notes for SIg-Chain #20

Signed-off-by: George Appiah <[email protected]>

sig-chain/meetings/020-2024-10-08.md

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+# Akash Network - Chain Special Interest Group (SIG) - Meeting #20
+
+## Agenda
+- Akash network updates and validator relations
+- Network upgrade: Cosmos SDK 47 and testing
+- Validator expansion and token distribution discussion
+- Community involvement and foundation delegations
+
+## Meeting Details
+- Date: Tuesday, October 8, 2024
+- Time: 08:00 AM PT (Pacific Time)
+- Recording:  
+- [Transcript](#transcript)
+
+## Participants
+- Tyler Wright
+- Artur Troian
+- Dominikus Brian
+- Scott Carruthers
+- Hiroyuki Kumazawa
+- B S
+- Daniel Ishaya
+- M R
+- Rodri R
+
+## Meeting Notes
+
+### Akash Network Updates
+- Tyler Wright opened the meeting, discussing the role of SIG Chain meetings in addressing Akash Network blockchain topics, particularly validator relations, network upgrades, and overall health.
+- Highlighted recent async discussions in lieu of last week’s meeting to accommodate the heavy workload of the Overclock Labs Core Team.
+
+### Cosmos SDK 47 Network Upgrade
+- Tyler shared that the focus of recent efforts has been the Cosmos SDK 47 upgrade, a significant project led by Artur and the engineering team.
+- Artur provided a comprehensive update on the SDK 47 upgrade:
+  - **Testing Approach:** Localized testing using snapshots from the mainnet for migration validation.
+  - **Challenges:** High memory requirements, with upgrade processes needing over 384GB of RAM to run reliably. This memory demand has presented logistical issues in setting up sufficient test environments.
+  - **Progress:** Artur shared confidence that testing could yield reproducible results soon, with hopes to proceed by week’s end.
+- Artur also noted that this upgrade process has unblocked other network functionalities like basic blockchain interactions, state synchronization, and deployment creation.
+
+### Validator Expansion and Token Distribution
+- Dominikus raised questions on validator expansion, referring to Akash’s Tokenomics document that suggests gradual increases in validator numbers.
+- Artur responded that further validator increases could strain network performance due to latency issues, especially during periods of high transaction volume.
+  - Emphasized the need for decentralizing token distribution among validators, though the current validator cap is considered sufficient.
+  - Highlighted that anyone can create a validator, but they must secure adequate delegations to enter the active set.
+- Tyler added that foundation delegations now require higher standards, including infrastructure robustness and technical capability.
+  - Noted that as the network matures, foundation delegations are increasingly awarded to participants showing sustained, meaningful contributions to the Akash ecosystem.
+
+### Community Involvement and Next Steps
+- Tyler discussed the ongoing community testing initiatives, encouraging volunteers to assist with SDK 47 upgrade testing.
+  - Mentioned that additional channels or Discord updates would provide information for interested community testers.
+  - Urged community members to reach out if interested in joining the testing efforts and to stay active on SIG Chain’s Discord channel for updates.
+- Tyler concluded the meeting by reiterating the importance of community engagement in validator roles and thanked participants for their time and contributions.
+
+## Action Items
+- **Artur Troian:** Complete initial reproducible testing for the SDK 47 upgrade by the end of the week.
+- **Scott Carruthers:** Continue developing the testing plan for network upgrades and coordinate with volunteer testers.
+- **Tyler Wright:** Maintain updates on testing progress and share announcements on the SIG Chain Discord channel.
+- **Community Members:** Reach out via SIG Chain Discord to join testing efforts for the network upgrade.
+
+## Transcript