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Jan 18 11 tweets 6 min read
Things are getting busy in the flourishing #Cardano #DApp ecosystem.

Here’s some news & announcements from projects #BuildingOnCardano we’ve spotted over the last 10 days ⤵️ 1/n
@SundaeSwap announced their launch for the evening of Thursday, January 20th (EST)! 2/n

@quickmint_io shared news about the planned testnet launch on Wednesday 19.01.2022 👏 3/n

@ccvaultio v1.3.9 now available on the Android Play Store 5/n

@byron_cardano #ByronDex developed a Beta testing version of Byron Wallet 💪 6/n

@COTInetwork announced their 1st partnership of 2022 is with @doex_official 9/n

That is, of course, just a flavor of the activity within the ecosystem with hundreds of projects busy #BuildingOnCardano. Massive thanks to all projects for sharing their news. 10/n
While you are here, you may want to follow our #BuildingOnCardano Twitter list. twitter.com/i/lists/147037…

Got more? Jump in & let's keep building! 💪 11/11

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More from @InputOutputHK

Jan 20
PARAMETER UPDATE: Today, we have commenced the update proposal process to increase Plutus script memory units per transaction on the #Cardano mainnet by 1.25M. This initial change will take effect at the boundary of epoch 317 on Tuesday 25th January at UTC 21:44:51 🧵↩️
The current #Plutus script memory units per transaction = 11.25M. After this change, it will be 12.5M. This incremental adjustment is the next in a continuing series of planned adjustments & network optimizations we’ll make as we start to scale #Cardano for future growth. 2/9
This change will provide increased resources for Plutus scripts and the DApps utilizing them. Once deployed, we shall monitor carefully over at least one epoch (5 days) to determine the next increment. Continuing close observation & orientation will be key throughout. 3/9
Read 9 tweets
Jan 18
As we enter the Basho phase of #Cardano development, we’ll be focused on optimization & scalability.

Here are some of the adjustments & innovations (11, in fact…) that will all play their part in steadily increasing capacity through 2022.

🧵Ready?
bit.ly/3frzQmR Image
Here’s how we’ll optimize & scale securely as we grow

1️⃣ Block size increase📈
The bigger the block, the more transactions it can carry. We recently increased block size by 12.5%; we’ll apply further increases over time based on ongoing system monitoring and network health. Image
2️⃣ Pipelining

Improves block propagation times by coalescing validation & propagation. The goal is for blocks to be propagated to at least 95% of peers within five seconds by reducing the ‘dead time’ between blocks. Image
Read 15 tweets
Jan 7
We can expect significant network traffic around the launch of new #DApps, especially in the early days. And especially around the most hotly anticipated new #DeFi launches, with many coming soon.
🧵1/7
In these (still very) early days, demand will very likely exceed capacity at peak times. To support ongoing growth & ensure #Cardano maintains its resilience & robustness, we’ll be making a series of node and #Plutus improvements and steady adjustments to network parameters. 2/7
Today, we have released a new #Cardano node version (v 1.33.0).

The network is designed to run at peak capacity and extensive benchmarking suggests significant performance improvements which will help smooth out network peaks, giving us further scope for parameter changes. 3/7
Read 7 tweets
Jan 7
While you might have been taking it slow over the past few weeks, projects #BuildingOnCardano have been working restlessly on everything from #DeFi, marketplaces & DEX projects to solutions for identity, gaming, oracles, wallets and more. 1/n
ICYMI we've assembled just a few of the latest announcements & news from the ecosystem in the below thread👇

Let us know in the comments if we missed any 🙏 2/n
Read 20 tweets
Dec 5, 2021
Later today, @SundaeSwap will launch their DEX on the #Cardano TestNet launch. We’re expecting a huge amount of interest in this highly-anticipated event, and lots of activity. This is why we are collaborating. Because we're looking to learn a lot, too.

1/8
The test is intended to put the network under high throughput so we can monitor and analyse the current network parameter settings. As a user, expect congestion on the testnet. This will be a sign that we are getting the traffic volume we want/need to properly assess!

2/8
And expect bugs in the DEX. The @sundaeswap team is encouraging you to find some. Remember this is early #DApp software, and it's still early days for #DeFi on #Cardano. Testnets are a key part of iterating & improving the experience. Read more:

sundaeswap-finance.medium.com/lets-sample-so…

3/8
Read 8 tweets
Sep 7, 2021
LAUNCH CONFIRMED: Today, around 17:26 UTC we successfully submitted an update proposal to the #Cardano mainnet, to trigger a hard fork combinator event on Sunday 💪🙌 #Cardano $ADA 1/6
The #Alonzo HFC event will be the most significant upgrade yet, laying the firmest of foundations for an exciting new era of #smartcontracts on #Cardano. Here's the moment – just minutes ago – that Sam submitted the upgrade proposal 2/6 🤘

asciinema.org/a/EJugi9i3pQwR…
On Sunday, core Plutus #smartcontracts capability will be deployed to the #Cardano mainnet using our unique HFC technology. Along with compatibility upgrades across the whole software stack 3/6
Read 6 tweets

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