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Update 2024-12-20-Vac-2024.md
Added SC section, various links, proofread
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---
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title: 'Vac 2024 Year in Review'
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date: 2024-12-20 12:00:00
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date: 2025-01-03 12:00:00
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authors: Vac
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published: true
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slug: 2024-recap
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# Vac 2024 Year in Review
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As 2024 draws to a close, Vac is proud to look back on the milestones and breakthroughs that defined another year of researching and developing free and open digital public goods for the IFT and wider web3 ecosystem.
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With 2024 now behind us and a new year ahead, Vac is proud to reflect on the milestones and breakthroughs that defined another year of researching and developing free and open digital public goods for the [Institute of Free Technology](https://free.technology/) and wider web3 ecosystem.
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Vac comprises various subteams and service units, each with its own focus.
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Below, we celebrate each unit's achievements and look forward to its 2025 plans.
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### Highlights
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* Formalised and implemented Codex economic incentives in the Litepaper and simulations
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* Formalised and implemented [Codex](https://codex.storage/) economic incentives in the Litepaper and simulations
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* Orchestrated Status Network incentive structure and smart contract implementation
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* Started building Nomos’ economic model
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* Started building [Nomos’s](https://nomos.tech/) economic model
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* Consulted and provided analysis of incentives for the Logos Operators ordinals project
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* Drove discussions on the economic sustainability of Waku; helped define RLN membership and its payment mechanism
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* Drove discussions on the economic sustainability of [Waku](https://waku.org/); helped define RLN membership and its payment mechanism
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### Looking forward
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* Matured Waku interoperability testing framework with coverage for all major protocols and features
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* Began collaboration with Nomos, contributing to unit and integration testing
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* Partnered with the Status team to test message reliability under unstable network conditions
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* Partnered with the [Status](https://status.app/) team to test message reliability under unstable network conditions
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### Looking forward
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### Looking forward
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* More testing and simulations for Codex and Nomos
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* Develop useful tools for all IFT portfolio projects – e.g. a v and data dashboard
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* Develop useful tools for all IFT portfolio projects – e.g. a Log Parser tool and data dashboard
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## Nim
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* Nim VSCode Extension
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* Stabilised Nim Language Server
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### Looking forward
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## Smart Contracts (SC)
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Vac's Smart Contracts Service Unit ensures the smart contracts deployed across the various IFT portfolio projects are secure, robust, and aligned with project requirements.
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### Highlights
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* Deployed the SNT staking protocol testnet following Status's [governance vote](https://our.status.im/snt-vote-results/) to develop SNT staking and Status Network
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* Wrote specifications for [Codex's architectural components](https://github.com/codex-storage/codex-contracts-eth/tree/master/certora/specs) and [Status's staking contracts](https://github.com/vacp2p/staking-reward-streamer/tree/main/certora/specs)
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* Delivered several learn-up sessions on a variety of topics for IFT contributors, including:
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* Stealth addresses
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* Tokenized vaults
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* Rental NFTs
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* Merkle trees
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* Account abstraction
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* EVM deep dive
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### Looking forward
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* Deploy the SNT staking protocol on the Status Network testnet
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* Encourage community security audits via contests
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* Provide smart contract consultation services for IFT portfolio products
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* Engage in more learn-up sessions to promote org-wide knowledge sharing.
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## Heading into 2025
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This year has seen Vac involved with many research, development, and testing undertakings in support of IFT portfolio projects.
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The digital public goods that emerge from our efforts not only benefit the organisation itself but are open and free to use by any project that would benefit.
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As we move into 2025, we aim to nurture a stronger RFC culture across the IFT to encourage greater collaboration and knowledge sharing among portfolio projects.
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Our goal is to serve as an internal conduit of expertise within the organisation, supported by a strong RFC culture, the maintenance of a repository of internal knowledge creation, and the identification and facilitation of IFT project synergies.
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Our goal is to serve as an internal conduit of expertise within the organisation, supported by a strong RFC culture, maintaining a repository of internal knowledge creation, and identifying and facilitating IFT project synergies.
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Such an approach should lead to greater efficiencies across the organisation.
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We also aim to establish a diverse research community around Vac and our efforts in this regard are already underway.
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The final quarter of 2024 saw Vac step up its collaboration with the libp2p community and make a concerted effort to engage the community on the Vac forum.
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We also aim to establish a diverse research community around Vac, and our efforts in this regard are already underway.
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In the final quarter of 2024, Vac stepped up its collaboration with the libp2p community and made a concerted effort to engage the community on the [Vac forum](https://forum.vac.dev/).
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In 2025, we aim to continue working closely with those communities to which we already have ties, such as the libp2p, Ethereum, and Nim ecosystems.
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See you next year\!
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*Follow [Vac on X](https://x.com/vacp2p), join us in the [Vac Discord](https://discord.gg/FPSXQ9afJE), or take part in the discussions on the [Vac forum](https://forum.vac.dev/) to stay up to date with our research and development progress.*
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