Cardano's Development Milestones: Node v.8.0.0 and Lace 1.1.0
Cardano's Latest Development Highlights
Cardano continues to evolve as a leading blockchain platform with significant updates reported in the latest development report by Input Output Global (IOG). The report showcases advancements in node upgrades, wallet improvements, and smart contract enhancements, reflecting Cardano's commitment to continuous innovation.
Cardano Node v.8.0.0 Release
A major highlight is the release of Cardano node v.8.0.0. This upgrade introduces a new governance action that facilitates on-chain SPO polls, marking a step forward in Cardano's governance capabilities. The ledger team has also focused on refining the Conway ledger era to ensure seamless node integration.
Enhancements in Wallet Technology
The Daedalus team unveiled the new Lace version 1.1.0, designed to enhance user experience with improved features. The development team is also working on the Lace desktop app to support HD wallets and multi-delegation, broadening the scope of Cardano's wallet functionalities.
Smart Contract Innovations
Significant progress has been made in smart contracts, with the Plutus tools team documenting the Marconi-sidechain architecture and improving the Plutus Tx standard library. The Marlowe team has added new library functions for contract safety checks, further advancing Marlowe Runtime and Explorer.
Mithril Network and CIP-1694 Workshop
The Mithril team announced a new 2318.0 distribution, signaling the upcoming release of the Mithril network on the mainnet. In collaboration with EMURGO and the Cardano Foundation, IOG successfully announced the applicants for the CIP-1694 workshop grants, fostering community engagement and development.
Cardano's Impressive Statistics
Cardano's platform shows robust growth with 126 projects launched and 1,240 in development. The ecosystem boasts 8.24 million native tokens and 73,114 token policies. With 7,962 Plutus scripts, including 2,463 Plutus V2 scripts, the platform has facilitated an impressive 66.3 million transactions, underscoring its expansive reach and utility.
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