The Most Impressive Highlights From The Cardano Development Report
30 September 2023 - 2:00PM
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Behind the scenes, Cardano (ADA) has been actively building and
introducing exciting innovations to its blockchain and ecosystem.
This is evident in the latest weekly development report shared by
Essential Cardano. Cardano: Highlights From The Report
One of the notable highlights from the report includes the updates
being made to Cardano’s Lace wallet. This week, the team is said to
have worked on a feature that allows users to choose the delegate
ratio between “different stake pools, integrated portfolio
persistence.” The team has also fixed issues relating to the User
Experience (UI). Related Reading: CRV Price Surges 16% –
What’s The Next Move For Curve DAO Token? The wallet launched
earlier this year to a welcoming reception, with many excited about
its functionalities and the multiple use cases it provided to
users. Upon launch, the development team promised to continue
introducing new updates to the wallet. The report also indicates
that users could get an update on the DApp connector, allowing them
to enable it with selected extensions “such as those listed on
CIP-95.” An update to the wallet’s UI reflecting the different
types of governance actions is also imminent. Meanwhile, the
Plutus tools team identified key issues relating to the Cardano
blockchain using the new Marconi API. Marconi was developed to help
index and query the blockchain. The team also used this solution to
test the new “Cardano-node-emulator”, which is expected to be
integrated into the blockchain’s smart contract code. While
at this, the Plutus tools team made certain optimizations to
Marconi, which improved synchronization times and the system’s
overall performance. ADA market cap currently at $8.8
billion. Chart: TradingView.com The Marlowe team was also busy this
week, making specific adjustments to the Marlowe oracle. Marlowe is
the code which allows Cardano users to create decentralized
applications (dApps) that are specifically designed for financial
contracts. Updates To Basho And Preparation For Voltaire The
Hydra and Mithril teams focused on updating Cardano’s current
development stage, Basho. The Basho era is the fourth stage of
Cardano’s development, primarily focusing on scaling and
interoperability. On one hand, the Hydra team worked on
improving the network’s usability and identified ways to enhance
the network’s resilience. On the other hand, the Mithril team
released a new update which allows support for certain actions on
the network. They also made corrections in the Mithril nodes.
Related Reading: Tron TVL Balloons To Over $15 Billion: DeFi Growth
Evident? Cardano is also gearing up for when it moves to the last
and final development stage known as Voltaire. This stage will be
focused on governance. The Voltaire GovTool was shared with ADA
holders as part of its preparations. It will enable them to
register as delegate representatives (DReps), allow them to
delegate their voting power to other DReps and decide on several
governance actions. (This site’s content should not be
construed as investment advice. Investing involves risk. When you
invest, your capital is subject to risk). Featured image from:
FXStreet
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