Friday, September 30, 2022
HomeBlockchainLatest Developments on Cardano Network That You Should Know as Vasil Upgrade...

Latest Developments on Cardano Network That You Should Know as Vasil Upgrade Approaches

With the Vasil upgrade on Cardano mainnet fast approaching, the Cardano network has recorded increased developments and upgrades in many areas. These growth-oriented developers’ actions are mainly in the aspects of network scaling, protocol governance, smart contract, core technology, and wallet services improvement.

In this article, we will be highlighting some of these recent developments and updates on the Cardano network. 

We Are On Twitter: Follow Us

Cardano Developments: Key Highlights

Regarding smart contracts, the Marlowe team and Plutus team have made new introductions to improve the Cardano network. 

Per a report, the Marlowe team developed the marlowe-runtime project last week. The newly created project in marlowe-cardano was used to test Marlowe CLI against the Cardano Node 1.35 upgrade for the Babbage development stage. 

Whereas, in the previous week, the Plutus team focused on fixing bugs in the Plutus-contract emulator. Also, the Plutus Tools team updated the official Cardano node to version 1.35.1. 

While the Plutus team refined the conformance and mainnet regression tests, the Marlowe team has added extra property-based testing of Marlowe semantics. Additionally, the Marlowe team has fixed static analysis to consider ‘Close’ contracts unreachable. 

On Scaling, the Hydra team successfully switched the code base to Babbage and also created the quick check dynamic repository to enhance contributions on Hydra. 

Core Technology and Governance

In the past week, Cardano developers created a few tags including v.13.0.1 DB Sync tag and the 1.35.1 node tag. Meanwhile, the networking team continued working on TCP simulations and typed-protocols reviews. 

To note, this updated version of the Cardano-node incorporating the typed-protocol design is functioning and operating competently. Particularly, this node tag was developed to solve a ledger issue. 

As revealed in the report, “the node, ledger, and consensus teams are now in the process of updating dependencies and working closely with SPOs and the community on testnet issue resolution. GraphQL, Rosetta, and Cardano Testnet Explorer will be upgraded following the new node and DB Sync tags.” 

It is worth noting that the Project Catalyst ecosystem has entered one of the most important times during fund cycles; its second Quality Assurance (QA) stage. 

Interestingly, Fund9 now has eight reviews per proposal resulting in a total of more than 19,000 reviews. Meanwhile, voter registration to participate in Fund9 is open and will remain so until the wallet snapshot on August 4th, the team said. 

Read Also: The First-Ever Annual State of the Cardano Developer Ecosystem Survey Goes Live: Details

Daedalus and Lace Wallets

Recall that in February, the IOG announced the release of Daedalus 4.8.0 Mainnet. This new version of Cardano Daedalus Wallet came with interesting features and improvements. 

In the same vein, the Input Output Global team is currently working on another Cardano-based wallet called Lace. This wallet is projected to be launched this summer. 

In the just-concluded week, the Daedalus team rolled out additional elements to improve the wallet services. Precisely,  a warning icon that appears if non-recommended decimal settings are applied has been added to the Daedalus wallet. More so, the team has improved how anonymous analytic data is collected on the application. 

Importantly, the new Cardano Node 1.35.1 has been successfully integrated into Daedalus-Testnet and is set to be released. Accordingly, the Lace Wallet team is working to ensure that its backend can collect data from the UI components. 

See Also: Is Cardano-Solana Collaboration Feasible? Charles Hoskinson Speaks On Possibility

Vasil Upgrade Nears

Vasil upgrade, one of the biggest introductions on the Cardano network is around the corner.

With the Vasil hard fork on Cardano Testnet done and dusted in early June. Up next is the implementation of the Vasil upgrade on the Cardano mainnet. While anticipating this, some elements of fear, uncertainty, and disorder were raised by some Twitter users, claiming that Cardano’s smart contracts are not compatible with the Vasil hard fork. 

<

However, a Cardano top executive cleared the air and rebutted the widespread FUD about the upcoming Vasil Upgrade.

In further preparation for this hard fork combinator event, the Adrestia team has successfully updated Adrestia components. Adrestia then becomes the first Vasil-compatible version of Cardano-wallet to be released.


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom joined the crypto and blockchain industry in 2019. He is an all-rounded crypto content writer. He mostly covers industry news, developments, and other educational resources. He believes that proper crypto awareness is instrumental to achieving mass adoption.
RELATED ARTICLES

Latest News & Articles

Recent Comments