Charles Hoskinson Touts “Very Significant Performance Improvements” To The Cardano Node

Charles Hoskinson Touts “Very Significant Performance Improvements” To The Cardano Node
ôîòî ïîêàçàíî ñ : zycrypto.com

2020-8-20 16:10

Cardano has been very active with updates this year. The proof-of-stake blockchain recently launched the Shelley upgrade. The network is now planning to introduce the new Cardano node, version 1.19, and a new rolling release of Daedalus wallet.

Announced by the CEO of Input Output Hong Kong (IOHK) Charles Hoskinson, the upcoming updates will introduce notable performance improvements to the Cardano network.

Upcoming Features And Functionalities

The creator of Cardano, who also doubles as the CEO of IOHK recently went live on Youtube to share the details of the upcoming releases. First, he noted that Daedulus version 2.2 will be released on August 20. He goes on to explain that it will be coming out with the new node version 1.19 which will bring about “very significant performance improvements”. Pending some formalities, IOHK is eyeing a Thursday release for all users — Mac, Linux, and Window.:

“Some aspects of the software are 100 times faster, and QA is reporting that everything looks pretty good so far. So there’s still some formalities and last-minute checks that need to be done. But if there’s nothing discovered today, all things knock on wood, we should be looking at a Thursday release.”

Per Hoskinson, this release will entail improvements on sync speeds, chain validation and revalidation, and also improvements on the open closing of the database. As such, the issues that users were experiencing over the past couple of weeks in the Shelley era have been resolved with the new node release.

While there’s still more work to be done on optimizations and further improvements, Hoskinson is proud of what the IOHK team has been able to accomplish over the past two weeks. 

The Future Of Cardano

The Cardano network has mainly focused on Shelley — the upgrade that introduced staking rewards to ADA holders — until recently after it went live. Hoskinson postulated that they are “digesting Shelley pretty well” as well as learning more about it now that it is already in the market.

The project is now collecting a lot of business and technical requirements for more features and functionalities that will make staking easier, especially for small operators.

Besides working on improving the portability and security of the Daedalus wallet, Cardano is also working on multi-signature or multisig transactions. In fact, Hoskinson describes it as a “high priority” for the firm.

So far, everything looks great. “If this is the trend, we’re going to get so strong by the Q4-Q1 timeframe where it’s really going to be crazy to see how quickly things move in that direction, so I’m pretty happy about that,” Hoskinson concluded.

Overall, Cardano aims to achieve complete decentralization and a higher transaction throughput capacity. And with Shelley now done and dusted, the next stages for Cardano will be Goguen and Basho.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cardano (ADA) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0.576
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.1314 (-100%)

cardano new node very planning introduce network

cardano new → Ðåçóëüòàòîâ: 126


Cardano hits a new low despite another milestone

Cardano has lost 13% in seven days to hit a new bottom for the year The blockchain continues to attract new projects as Plutus scripts near 5,000 ADA is still very bearish, and a lower price is possible towards year-end Barely two weeks to the end of the year, Cardano price (ADA/USD) shows no signs of […] The post Cardano hits a new low despite another milestone appeared first on CoinJournal.

2022-12-20 18:53


Cardano CEO Announces Chrome Extension Wallet Called ‘Icarus’

The founder and CEO of Cardano, Charles Hokinson, has announced that Cardano has created a new internet-browser-extension wallet called Icarus. The third-party project is announced in partnership with Cardano’s Japanese supporting sub-division company, Emurgo, and aims to provide a smoother and more secure user experience for ADA token holders.

2018-8-15 00:27


Ôîòî:

Cardano (ADA) Testnet Launched to Focus on Smart-Contracts “Translation”

The IOHK team, announced the launch of its Smart Contracts IELE Cardano Testnet. This is a significant milestone in the Cardano Roadmap as it represents an evolution of the KEVM Testnet released earlier (this May) In the press release, the IOHK team explains that thanks to this new CardanoTestnet, the level of interaction with the community will […] The post Cardano (ADA) Testnet Launched to Focus on Smart-Contracts “Translation” appeared first on Ethereum World News.

2018-8-10 04:03


Cardano (ADA) Search Volume Spikes Following Coinbase Announcement

Cardano (ADA)–The eighth largest cryptocurrency by market capitalization continues to gain momentum following the landmark announcement by U. S. -based cryptocurrency exchange Coinbase. On Friday, Coinbase made waves across the industry by announcing it’s exploration into five new cryptocurrencies: Basic Attention Token (BAT), Zcash (ZEC), Stellar (XLM), 0x (ZRX), and Cardano (ADA).

2018-7-16 21:15


Coinbase announces potential listing of Cardano [ADA], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX]

On 13th July, Coinbase announced that they are exploring the addition of Cardano [ADA], Basic Attention Token [BAT], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX] to the platform. Coinbase’s tweet | Source: Twitter Coinbase confirmed that they will be working with local banks and regulators to add its new assets in as many jurisdictions […]

2018-7-15 15:20