Cardano Sees Exclusive Developments

Published:

June 22, 2024

Reading time: 1 min.

Cardano Sees Exclusive Developments: Latest Weekly Report Highlights

Cardano’s Weekly Report Highlights Key Developments

Cardano, a leading altcoin, has recently made significant strides, as detailed in a weekly report by Input Output Hong Kong (IOHK), its parent company. The report covers progress in core technology, smart contracts, wallet services, and more, shared on Cardano’s official social media account on X.

Core Technology and Smart Contracts

A major achievement by Cardano’s ledger team is the implementation of CIP-0069, which enhances PlutusV3 functionality by making spending data optional and enforcing a single argument for all scripts. This improvement allows spending scripts to be used for minting and other purposes. The team also resolved critical bugs related to script execution and delegation.

Wallet Services and New Releases

The Lace team is preparing for the v.1.13 launch, featuring unique operability and crucial bug fixes. Additionally, the Plutus team released version 1.30.0.0 of the Plutus libraries, including CIP-0122, which introduces a new type of “Value” supported by “Data.”

Scaling and Community Projects

The Mithril team is advancing Cardano transfer certification on Mithril networks. Project Catalyst completed the community moderation segment for Fund12, highlighting community engagement and development.

Educational Initiatives

The education team is preparing lectures for the upcoming Cardano Developer course next month, emphasizing ongoing educational efforts.

Summary

Cardano’s recent advancements in core technology, smart contracts, wallet services, and community projects reflect its commitment to continuous improvement. These developments enhance the platform’s functionality and user experience, positioning Cardano for further growth and adoption in the cryptocurrency space.