Cardano Continues to Innovate: Highlights from the Weekly Development Report
Behind the scenes, Cardano (ADA) has been actively working on exciting innovations for its blockchain and ecosystem. The latest weekly development report released by Essential Cardano highlights some notable updates and progress made by the Cardano development team.
One of the highlights from the report is the updates being made to Cardano’s Lace wallet. The team has been working on a feature that allows users to choose the delegate ratio between different stake pools and integrated portfolio persistence. Additionally, the team has also fixed issues related to the user experience (UI) of the wallet. The Lace wallet was launched earlier this year and has received positive feedback from users. The development team has promised to continue introducing new updates to enhance its functionalities.
The report also mentions that users can expect an update on the DApp connector, which will allow them to enable it with selected extensions such as those listed on CIP-95. Furthermore, the wallet’s UI will reflect the different types of governance actions, providing users with more control and transparency.
In terms of blockchain development, the Plutus tools team identified key issues using the new Marconi API to index and query the Cardano blockchain. This API is expected to be integrated into the blockchain’s smart contract code, improving its performance. The team also made optimizations to Marconi, resulting in improved synchronization times and overall system performance.
The Marlowe team, responsible for creating decentralized applications (dApps) specifically designed for financial contracts on Cardano, made adjustments to the Marlowe oracle to further enhance its capabilities.
Moving forward, Cardano is preparing for the next development stage known as Voltaire, which will primarily focus on governance. As part of these preparations, the Voltaire GovTool was shared with ADA holders. This tool will enable ADA holders to register as delegate representatives (DReps), delegate their voting power to other DReps, and participate in various governance actions. This is an important step towards decentralization and community involvement in the Cardano ecosystem.
Overall, Cardano continues to make progress in its development and innovation efforts. With ongoing updates to wallets, blockchain tools, and preparations for future stages of development, Cardano is positioning itself as a leading blockchain platform in the industry.
Please note that investing in cryptocurrencies involves risk, and this article should not be construed as investment advice. Always do your own research and consult with a financial professional before making any investment decisions.
Source: https://bitcoinist.com/category/cardano/
Image source: FXStreet
