Every Friday, we publish our weekly #Cardano development update. So for the lowdown on what IOG's dev team has been working on last week, head on over and take a look👇 essentialcardano.io/development-up…
🔬 CORE TECHNOLOGY: The networking team improved stability and performance, updated software, and prepared for releases. The consensus team progressed on Genesis design and improved BlockFetch logic while the DB Sync team optimized UTXO query speed and rewards performance.
💳 WALLETS & SERVICES: The team updated vulnerable libraries in #Daedalus and worked on improving the Lace desktop application. The Adrestia team worked on community feedback about Lace and are preparing for the first big cardano-js-sdk and @lace_io update.
💻 SMART CONTRACTS: The #Plutus tools team documented the Marconi sidechain architecture, and the core team continued working on the sums-of-products and Plutus Tx compiler optimization. The #Marlowe team focused on Merkleization formalization and the Isabelle spec.
🔎 BASHO (SCALING): The #Hydra team conducted an April review and published the monthly report. They also updated Hydra Head V1 spec, while the Mithril team completed the implementation of the new certifier service and the multi-signer in the aggregator.
👥🌐🗳️VOLTAIRE: Finally, discussions on #CIP1694 are about to go global, and the Member-Based Organization (MBO) published an update on their progress.
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1/ #Cardano native tokens are a game-changer for the #blockchain world, enabling innovative use cases and offering unique benefits. Let’s explore the top benefits of Cardano’s native token functionality 🧵. twitter.com/i/web/status/1…
2/ First, here’s a brief refresher on what native tokens are:
3/ Here are some key terms associated with native tokens:
Native: token logic runs directly on Cardano ledger, rather than using smart contracts
Token: the representation of an asset stored on the Cardano blockchain
Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments. essentialcardano.io/development-up…
Here are the development highlights from this week:
🔬 CORE TECHNOLOGY: The networking team released Dynamic P2P networking to mainnet, the ledger team expanded APIs & worked on governance features, and the consensus team worked on UTXO-HD refactoring, testing & VRF improvements
💳 WALLETS & SERVICES: The Daedalus team improved the starting screen and work is ongoing on Lace desktop development. The Adrestia team extended the multi-signature feature, extracted the transaction balancing library, and optimized cardano-services.
The age of Voltaire is all about governance, fully unlocking the #CardanoCommunity's contributions to create a self-sustaining system.
CIP-1694 is a #Cardano Improvement Proposal, named after the birth year of the French enlightenment thinker. 🧵 1/6
It’s a key component of #Cardano's next generation of governance, now being designed and community co-created to deliver the on-chain mechanisms which will further empower democratic decision making across the ecosystem. 2/6 github.com/cardano-founda…
IOG, the @Cardano_CF & @emurgo_io recently co-hosted a workshop in Colorado to capture input and take full advantage of the #CardanoCommunity’s incredible hive mind 🧠 3/6
1/ Dynamic peer-to-peer (P2P) connectivity comes with node v.1.35.6 release to enhance node communication.
Dynamic P2P makes #Cardano a much more intelligent network, capable of actively adjusting the blockchain’s configuration to yield optimal results.
2/ Dynamic P2P enables SPO relays to automatically connect to each other, replacing the current manual configuration process.
3/ This automation:
- Saves SPOs time and effort
- Optimizes network performance
- Makes the network more resilient to any communication delays or downtime
- Strengthens security by deterring denial of service (DoS) attacks
We get it, #blockchain-speak can be quite the impenetrable code when you’re just starting out
That’s why we’ve put together a selection of key terms from our glossary, so if you’re a newcomer – or if you just need to brush up on vocab – you can navigate #Web3 like a pro @Cardano
Discover the backstory behind the name of the #Cardano native currency, $ada.
A few clues: she was the daughter of a famous poet, a famous mathematician, and arguably the first programmer.
Read more and find out what you can do with a digital currency👇
Named after the biblical Tower of Babel – or perhaps Douglas Adams’s fish – this mechanism doesn’t help you speak every language, but it will open up interoperability with other digital currencies for #Cardano.
In collaboration with @cardanostiftung, an update proposal was submitted yesterday to upgrade the #Cardano pre-production environment to protocol v8, which will take effect on Saturday, February 11, 2023 at 00:00 UTC.
This upgrade will bring new cryptographic primitives to #Cardano, encouraging greater interoperability and secure cross-chain DApp development with #Plutus.
This environment will allow the community to continue final-stage integration/upgrade testing before the countdown to the SECP upgrade on mainnet on February 14, 2023.