🏃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.
✔️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.💪
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.
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.
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. 🧵⤵️
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 🧵