{"id":553616,"date":"2023-09-30T12:00:43","date_gmt":"2023-09-30T12:00:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=553616"},"modified":"2023-09-30T11:43:09","modified_gmt":"2023-09-30T11:43:09","slug":"the-most-impressive-highlights-from-the-cardano-development-report","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/the-most-impressive-highlights-from-the-cardano-development-report\/","title":{"rendered":"The Most Impressive Highlights From The Cardano Development Report"},"content":{"rendered":"

Behind the scenes, <\/span>Cardano<\/span><\/a> (ADA) has been actively building and introducing exciting innovations to its blockchain and ecosystem. This is evident in the latest <\/span>weekly development report<\/span><\/a> shared by <\/span>Essential Cardano<\/span><\/a>.\u00a0\u00a0<\/span><\/p>\n

Cardano: Highlights From The Report<\/b><\/h2>\n

One of the notable highlights from the report includes the updates being made to <\/span>Cardano\u2019s Lace wallet<\/span><\/a>. This week, the team is said to have worked on a feature that allows users to choose the delegate ratio between \u201cdifferent stake pools, integrated portfolio persistence.\u201d The team has also fixed issues relating to the User Experience (UI).\u00a0<\/span><\/p>\n

Related Reading: CRV Price Surges 16% \u2013 What\u2019s The Next Move For Curve DAO Token?<\/a><\/div>\n

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.<\/span><\/p>\n

The report also indicates that users could get an update on the DApp connector, allowing them to enable it with selected extensions \u201csuch as those listed on CIP-95.\u201d An update to the wallet\u2019s UI reflecting the different types of governance actions is also imminent.\u00a0<\/span><\/p>\n

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 \u201cCardano-node-emulator\u201d, which is expected to be integrated into the blockchain\u2019s smart contract code.\u00a0<\/span><\/p>\n

While at this, the Plutus tools team made certain optimizations to Marconi, which improved synchronization times and the system\u2019s overall performance.\u00a0<\/span><\/p>\n

<\/p>\n

ADA market cap currently at $8.8 billion. Chart: TradingView.com<\/a><\/pre>\n
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 <\/span>specifically designed for financial contracts<\/span><\/a>.\u00a0<\/span><\/p>\n
Updates To Basho And Preparation For Voltaire<\/b><\/h2>\n
The Hydra and Mithril teams focused on updating Cardano\u2019s current development stage, <\/span>Basho<\/span><\/a>. The Basho era is the fourth stage of Cardano\u2019s development, primarily focusing on scaling and interoperability.\u00a0<\/span><\/p>\n
On one hand, the Hydra team worked on improving the network\u2019s usability and identified ways to enhance the network\u2019s 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.<\/span><\/p>\n
Related Reading: Tron TVL Balloons To Over $15 Billion: DeFi Growth Evident?<\/a><\/div>\n
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. <\/span><\/p>\n
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.\u00a0<\/span><\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from: FXStreet<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
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.\u00a0\u00a0 Cardano: Highlights From The Report One of the notable highlights from the report includes the updates being made to Cardano\u2019s Lace wallet. This week, the team is said to have worked on a feature that allows users to choose the delegate ratio between \u201cdifferent stake pools, integrated portfolio persistence.\u201d The team has also fixed issues relating to the User Experience (UI).\u00a0 Related Reading: CRV Price Surges 16% \u2013 What\u2019s 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 \u201csuch as those listed on CIP-95.\u201d An update to the wallet\u2019s UI reflecting the different types of governance actions is also imminent.\u00a0 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 \u201cCardano-node-emulator\u201d, which is expected to be integrated into the blockchain\u2019s smart contract code.\u00a0 While at this, the Plutus tools team made certain optimizations to Marconi, which improved synchronization times and the system\u2019s overall performance.\u00a0 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.\u00a0 Updates To Basho And Preparation For Voltaire The Hydra and Mithril teams focused on updating Cardano\u2019s current development stage, Basho. The Basho era is the fourth stage of Cardano\u2019s development, primarily focusing on scaling and interoperability.\u00a0 On one hand, the Hydra team worked on improving the network\u2019s usability and identified ways to enhance the network\u2019s 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.\u00a0 (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<\/p>\n","protected":false},"author":594,"featured_media":553619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,84005,14643,79508,88218,1020,12332,84164,1622,89536],"class_list":["post-553616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-price","tag-adausd","tag-adausdt","tag-basho","tag-blockchain","tag-cardano","tag-cardano-network","tag-dapp","tag-lace-wallet"],"acf":[],"yoast_head":"\nThe Most Impressive Highlights From The Cardano Development Report<\/title>\n<meta name=\"description\" content=\"Behind the scenes, Cardano (ADA) has been actively building and introducing exciting innovations to its blockchain and ecosystem. 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. 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