{"id":553616,"date":"2023-09-30T12:00:43","date_gmt":"2023-09-30T12:00:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=553616"},"modified":"2023-09-30T11:43:09","modified_gmt":"2023-09-30T11:43:09","slug":"the-most-impressive-highlights-from-the-cardano-development-report","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/cardano\/the-most-impressive-highlights-from-the-cardano-development-report\/","title":{"rendered":"The Most Impressive Highlights From The Cardano Development Report"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Behind the scenes, <\/span><a href=\"https:\/\/bitcoinist.com\/category\/cardano\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Cardano<\/span><\/a><span style=\"font-weight: 400\"> (ADA) has been actively building and introducing exciting innovations to its blockchain and ecosystem. This is evident in the latest <\/span><a href=\"https:\/\/www.essentialcardano.io\/development-update\/weekly-development-report-as-of-2023-09-29\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">weekly development report<\/span><\/a><span style=\"font-weight: 400\"> shared by <\/span><a href=\"https:\/\/www.essentialcardano.io\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Essential Cardano<\/span><\/a><span style=\"font-weight: 400\">.\u00a0\u00a0<\/span><\/p>\n<h2><b>Cardano: Highlights From The Report<\/b><\/h2>\n<p><span style=\"font-weight: 400\">One of the notable highlights from the report includes the updates being made to <\/span><a href=\"https:\/\/bitcoinist.com\/cardano-dev-team-set-to-launch-first-light-wallet\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Cardano\u2019s Lace wallet<\/span><\/a><span style=\"font-weight: 400\">. This week, the team is said to have worked on a feature that allows users to choose the delegate ratio between \u201cdifferent stake pools, integrated portfolio persistence.\u201d The team has also fixed issues relating to the User Experience (UI).\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/crv-price-surges-15-whats-the-next-move-for-curve-dao-token\/\" target=\"_blank\" rel=\"noopener \">CRV Price Surges 16% \u2013 What\u2019s The Next Move For Curve DAO Token?<\/a><\/div>\n<p><span style=\"font-weight: 400\">The wallet launched earlier this year to a welcoming reception, with many excited about its functionalities and the multiple use cases it provided to users. Upon launch, the development team promised to continue introducing new updates to the wallet.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The report also indicates that users could get an update on the DApp connector, allowing them to enable it with selected extensions \u201csuch as those listed on CIP-95.\u201d An update to the wallet\u2019s UI reflecting the different types of governance actions is also imminent.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the Plutus tools team identified key issues relating to the Cardano blockchain using the new Marconi API. Marconi was developed to help index and query the blockchain. The team also used this solution to test the new \u201cCardano-node-emulator\u201d, which is expected to be integrated into the blockchain\u2019s smart contract code.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">While at this, the Plutus tools team made certain optimizations to Marconi, which improved synchronization times and the system\u2019s overall performance.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/5uuqy2bP\/\" width=\"1835\" height=\"893\"><\/p>\n<pre style=\"text-align: center\">ADA market cap currently at $8.8 billion. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<p><span style=\"font-weight: 400\">The Marlowe team was also busy this week, making specific adjustments to the Marlowe oracle. Marlowe is the code which allows Cardano users to create decentralized applications (dApps) that are <\/span><a href=\"https:\/\/developers.cardano.org\/docs\/smart-contracts\/marlowe#:~:text=Marlowe%20is%20a%20domain%2Dspecific,specifically%20designed%20for%20financial%20contracts.\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">specifically designed for financial contracts<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<h2><b>Updates To Basho And Preparation For Voltaire<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The Hydra and Mithril teams focused on updating Cardano\u2019s current development stage, <\/span><a href=\"https:\/\/uniquehot.com\/news\/cardano\/cardano-enters-the-basho-stage-how-it-improves-performance\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Basho<\/span><\/a><span style=\"font-weight: 400\">. The Basho era is the fourth stage of Cardano\u2019s development, primarily focusing on scaling and interoperability.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On one hand, the Hydra team worked on improving the network\u2019s usability and identified ways to enhance the network\u2019s resilience. On the other hand, the Mithril team released a new update which allows support for certain actions on the network. They also made corrections in the Mithril nodes.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/tron-tvl-balloons-to-over-15-billion-defi-growth-evident\/\" target=\"_blank\" rel=\"noopener \">Tron TVL Balloons To Over $15 Billion: DeFi Growth Evident?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Cardano is also gearing up for when it moves to the last and final development stage known as Voltaire. This stage will be focused on governance. The Voltaire GovTool was shared with ADA holders as part of its preparations. <\/span><\/p>\n<p><span style=\"font-weight: 400\">It will enable them to register as delegate representatives (DReps), allow them to delegate their voting power to other DReps and decide on several governance actions.\u00a0<\/span><\/p>\n<p><em>(This site&#8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n<p><em>Featured image from: FXStreet<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Behind the scenes, Cardano (ADA) has been actively building and introducing exciting innovations to its blockchain and ecosystem. This is evident in the latest weekly development report shared by Essential Cardano.\u00a0\u00a0 Cardano: Highlights From The Report One of the notable highlights from the report includes the updates being made to Cardano\u2019s Lace wallet. This week, the team is said to have worked on a feature that allows users to choose the delegate ratio between \u201cdifferent stake pools, integrated portfolio persistence.\u201d The team has also fixed issues relating to the User Experience (UI).\u00a0 Related Reading: CRV Price Surges 16% \u2013 What\u2019s The Next Move For Curve DAO Token? The wallet launched earlier this year to a welcoming reception, with many excited about its functionalities and the multiple use cases it provided to users. Upon launch, the development team promised to continue introducing new updates to the wallet. The report also indicates that users could get an update on the DApp connector, allowing them to enable it with selected extensions \u201csuch as those listed on CIP-95.\u201d An update to the wallet\u2019s UI reflecting the different types of governance actions is also imminent.\u00a0 Meanwhile, the Plutus tools team identified key issues relating to the Cardano blockchain using the new Marconi API. Marconi was developed to help index and query the blockchain. The team also used this solution to test the new \u201cCardano-node-emulator\u201d, which is expected to be integrated into the blockchain\u2019s smart contract code.\u00a0 While at this, the Plutus tools team made certain optimizations to Marconi, which improved synchronization times and the system\u2019s overall performance.\u00a0 ADA market cap currently at $8.8 billion. Chart: TradingView.com The Marlowe team was also busy this week, making specific adjustments to the Marlowe oracle. Marlowe is the code which allows Cardano users to create decentralized applications (dApps) that are specifically designed for financial contracts.\u00a0 Updates To Basho And Preparation For Voltaire The Hydra and Mithril teams focused on updating Cardano\u2019s current development stage, Basho. The Basho era is the fourth stage of Cardano\u2019s development, primarily focusing on scaling and interoperability.\u00a0 On one hand, the Hydra team worked on improving the network\u2019s usability and identified ways to enhance the network\u2019s resilience. On the other hand, the Mithril team released a new update which allows support for certain actions on the network. They also made corrections in the Mithril nodes. Related Reading: Tron TVL Balloons To Over $15 Billion: DeFi Growth Evident? Cardano is also gearing up for when it moves to the last and final development stage known as Voltaire. This stage will be focused on governance. The Voltaire GovTool was shared with ADA holders as part of its preparations. It will enable them to register as delegate representatives (DReps), allow them to delegate their voting power to other DReps and decide on several governance actions.\u00a0 (This site&#8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from: FXStreet<\/p>\n","protected":false},"author":594,"featured_media":553619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,84005,14643,79508,88218,1020,12332,84164,1622,89536],"class_list":["post-553616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-price","tag-adausd","tag-adausdt","tag-basho","tag-blockchain","tag-cardano","tag-cardano-network","tag-dapp","tag-lace-wallet"],"acf":[],"yoast_head":"\n<title>The Most Impressive Highlights From The Cardano Development Report<\/title>\n<meta name=\"description\" content=\"Behind the scenes, Cardano (ADA) has been actively building and introducing exciting innovations to its blockchain and ecosystem. 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