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REGULATION
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1 year ago

Cardano (ADA) Reaches 88.6 Million Transactions Milestone

2024-04-06

REGULATION
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1 year ago



Cardano (ADA) achieves major milestone with 88.6 million transactions completed amid progress in key blockchain areas. IOHK, the driving force behind Cardano (ADA), has announced a significant achievement in the project's advancement. With the completion of 88.6 million transactions, Cardano's influence and resilience in the blockchain space are evident.


The recent update showcases substantial improvements across various domains, demonstrating a commitment to continuous development. Notable enhancements include modifications to enhance cross-era behavior, particularly in the LocalTxMonitor and HasTx functionalities.


The preparations for node release v.8.10 are steadily progressing, with integrated changes across consensus, Ledger, and networking components. This meticulous approach emphasizes Cardano's dedication to ensuring a robust infrastructure.


Furthermore, the Lace team's release of Lace v.1.9 introduces multi-wallet and multi-account functionality, enhancing the platform's usability. This development aligns perfectly with Cardano's goal of providing a comprehensive ecosystem for its users.


During the monthly review meeting, both the Hydra and Mithril teams presented their progress. The Hydra team addressed a broken head situation and improved Conway forward compatibility, while the Mithril team focused on implementing certification for Cardano transactions, further enhancing the project's capabilities.

Weekly Development Report

Additionally, IOHK's latest report highlights significant statistics, including the launch of 164 projects, 1,353 projects under development, and over 9.86 million native tokens. These figures reflect the thriving community and growing ecosystem of Cardano. With 88.6 million transactions completed, ADA solidifies its position as one of the key players in the crypto landscape.


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