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Jun 7 10 tweets 4 min read
#Vasil HF update📢

🏃We’re now into the final mile as we head towards the #Vasil upgrade and HFC event. Work is proceeding well and our operational focus remains on delivering the H/F by the most efficient route BUT MOST IMPORTANTLY to the right quality.

#Cardano
1/n 🧵
✔️It is IOG’s responsibility to execute a successful upgrade / hard fork that is safe and secure. It also requires minimal disruption to exchanges and ecosystem partners - from #Dapp developers to 3rd party tools providers.
2/n 🧵
👌The integration program towards Vasil is the most complex to date from a number of angles. It's a process that requires not only significant work, but also close coordination.
3/n 🧵
🔗 As well as the core node, multiple components also need to be upgraded, covering everything from DB-Sync to 3rd-party APIs like Blockfrost. Therefore there are numerous interdependencies etc.
4/n 🧵
⚙️With so many moving parts, the focus is now on ensuring close #Cardano community collaboration so we get everything to line up properly and to the right quality.
5/n 🧵
👍Today we’re delighted to report we’ve successfully delivered a new Node release for #Vasil with the first release of our new CLI, inc. new #Plutus capabilities. Alongside we continue to address the remaining issues we’ve caught in our extensive ongoing testing program.
6/n 🧵
🏗️To ensure ecosystem partners have the time they need, we have just spun up a new dedicated developer testnet using this new node version and extending the core group of developers and ecosystems that we are directly collaborating with.
7/n 🧵
📞 This final testing process is now underway with c. 40 projects #BuildingOnCardano. This will help ensure that any changes do not adversely affect functionality for the Dapps that are already live on the network.
8/n 🧵
🗓️ Our focus now shifts towards tracking weekly milestones which will inform next steps. Within the current plan, 10 June will be the next internal decision point to assess whether we are in the right position to H/F the main #Cardano Testnet.
9/n 🧵
🙌Thanks to all the projects supporting this next important stage. We’ll be sure to keep you posted on progress in our next mid-month development update.💪

Stay up to date: youtube.com/iohkio

10/n 🧵

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More from @InputOutputHK

May 9
Cardano uses the extended UTxO accounting model.

EUTxO differs from Ethereum’s account-based model. In Ethereum’s model, everyone has an account with a balance. When funds are transferred from one account to another, then balances are updated.

#Cardano $ADA
The ‘E’ in EUTxO stands for extended, improving on Bitcoin’s UTxO. Whereas UTxO smart contracts only interact with immediate requests to confirm a transaction, #Cardano’s EUTxO model improves on this.

Learn more about EUTxO here: essentialcardano.io/faq/what-is-an…
💡To better understand EUTxO, read about how it supports multiassets and smart contracts⬇️
iohk.io/en/blog/posts/…
Read 8 tweets
May 5
We’re delighted to announce that the new #EssentialCardano site is now available for the #CardanoCommunity to try in 𝐨𝐩𝐞𝐧 𝐛𝐞𝐭𝐚!

We previewed the platform in March’s edition of #Cardano360 and now, it’s open to all!

🧵bit.ly/3FgNYeX
What is Essential Cardano?

A community-driven, rich directory of sharable content to showcase #Cardano & the incredible ecosystem building on it.

Also, it is:

👉 An open-source content hub
👉 Currently in beta
👉 Easy to share answers to Cardano questions

🧵 1/n
Where did Essential Cardano come from?

🌱 An evolution of the Essential Cardano GitHub repo, an open, community-sourced content index of #Cardano related projects

🎓 Created in response to the community’s request for a Cardano ‘wiki’, an accessible source of truth.

🧵 2/n
Read 15 tweets
May 2
CIPs coming with June’s HF:

CIPs (Cardano Improvement Proposals) present new features to the #Cardano network that are key to bettering our blockchain

The upcoming HF introduces:
CIP-31: Reference Inputs
CIP-32: Inline Datums
CIP-33: Reference Scripts
CIP-40: Collateral Outputs Image
Reference inputs allow you to read datums from outputs without consuming and recreating them.

➡️Multiple #DApps will therefore be able to read from the same datum at the same time, improving concurrency. Image
Inline datums allow you to store the data on-chain as opposed to just storing a hash of it on-chain as #Cardano currently does.

➡️This provides a more convenient architecture where devs don’t have to include the data when interacting with the script. Image
Read 10 tweets
Apr 21
#Cardano & its smart contract platform, #Plutus, are set to undergo significant enhancements in June’s HF.

This series of threads on @JohnAlanWoods’s Plutus explainer will help you understand:

Plutus Core
EUTXO
CIPs & improvements
Determinism, parallelism & concurrency

🧵⤵️
🤓Let’s start with what is Plutus Core:

Plutus Core is Cardano’s native smart contract language that is deterministic, verified, functional, and compact.

Providing a safe programming environment to create scripts with Haskell.
👉 Plutus Core scripts enable the creation of #DApps & multiasset support on the blockchain (ie anyone can create their own tokens)
Read 10 tweets
Apr 18
As of today, nearly 900 projects are #BuildingOnCardano⚒️ And this number goes up day by day. Keeping track of all the news from this incredible ecosystem is not easy & this is why every week we compile an ecosystem digest with highlights & updates. 🧵⤵️

#Cardano $ADA
Let's have a look at yet another recap of #BuildinOnCardano and review what's happened in #Cardano ecosystem over the last 10 days.

Ready❓
🎉 @singularity_net announced that the AGIX ERC-20 Converter Bridge is live on mainnet.

$AGIX / $ADA

Read 17 tweets
Apr 5
Nearly 900 projects are currently #BuildinOnCardano 🤯And this is just the beginning...

Keeping track of all the news is quite the job and we’re still working on it. But we got you covered. In this thread, we look at the latest ecosystem updates 🧵

Let's go!👇
#Cardano $ADA
🐶@SnoopDog & @champmedici are partnering with @The_ClayMates to bring the community iconic collectibles, unreleased music, & limited edition ‘pitches’ to #Cardano.

🐦Join today's Twitter space to hear more👇
twitter.com/i/spaces/1nAKE…
🔥@Milkomeda_com went live on Cardano mainnet, opening the gate for #Ethereum dApps to be deployed in the #Cardano ecosystem.
Read 13 tweets

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