HomeNewsCardano's ADA Price Surges 10%: 159 Projects Spark New Era

Cardano’s ADA Price Surges 10%: 159 Projects Spark New Era

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  • Cardano team releases preliminary version of v.8.8.0 node, enabling testing of Plutus V3 scripts on SanchoNet.
  • Project Catalyst announces Fondo11 results, highlighting community participation with 8,000 portfolios casting over 300,000 votes.

This week has been particularly active for the team behind Cardano, marking several advances in the development of its infrastructure and applications. With the introduction of the Cardano v.8.8.0 node preview release, users now have the ability to test Plutus V3 scripts on SanchoNet, a step forward in the evolution of the platform’s smart contract capabilities.

Source: essentialcardano.io

The integration of DB-Sync with the latest version of the Cardano node is another sign of progress, ensuring that databases synchronize efficiently with network updates.

Meanwhile, the ledger team has been busy implementing fixes and enhancements, with a particular focus on increasing the accuracy and security of ledger operations.

The introduction of the Haskell cuddle package simplifies the CDDL specification, resulting in increased efficiency and security in specification compilation.

On the wallets and services side, the Lace team has addressed key API issues, paving the way for a major upgrade that promises to further improve the user experience.

Meanwhile, the Plutus team has made adjustments to the IR inliner, with the goal of reducing the cost of scripting, a change that has the potential to make smart contracts more accessible and affordable for developers.

On the scalability front, the Hydra team has demonstrated its commitment to the future of Cardano, working on forward compatibility and improving model-based testing.

Mithril network development has also seen significant progress, with the implementation of new data types and improvements to the client library and CLI, facilitating transaction verification and strengthening network security.

The Voltaire & SanchoNet section highlights the release of the preliminary version of Cardano node v.8.8.0, a development that allows community members to experiment with Plutus V3 in Conway-era transactions on SanchoNet.

The Project Catalyst team, meanwhile, has announced the official results of Fund11, celebrating the growth and community participation in the ecosystem. With approximately 8,000 portfolios participating and over 300,000 votes cast, the Cardano community has once again demonstrated its enthusiasm and commitment to the future of the platform.

Finally, the education team continues its work to train the next generation of blockchain developers by delivering the second iteration of the Cardano Developer Course and finalizing the Marlowe Curriculum for Educators.

These initiatives not only enrich the Cardano community, but also ensure that the platform continues to be a leader in innovation and development in the blockchain technologies space.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628