On December 18, a new version of Cardano 1.4 was released, which representatives of the organization call “the most significant update.” According to them, this update will significantly improve network reliability and solve some connectivity problems.
The new version is the largest release of the Byron phase. The next phase of the blockchain, called Shelly, will begin with the release of Cardano 2.N and, according to the developers, it will ensure the further development of Cardano as a fully decentralized and autonomous network, as envisioned by their team.
The IOHK company, which is behind the development of the Cardano protocol, explained on its website exactly how the update will take place, because from a technical point of view, Cardano is a blockchain built from scratch. The network infrastructure is designed based on a mathematical proof-of-stake algorithm called Ouroboros.
The developers believe that this algorithm will help ADA achieve greater transaction speed, greater reliability and security.
The company also created its own wallet Daedalus so that users can send and receive ADA tokens. The company's webpage states that Daedalus is now available on Linux, and has also been successfully tested on Fedora 28 and Ubuntu 18. The developers say that the use of the Daedalus wallet module will change the way data is stored and managed.
IOHK representatives said that restoring and synchronizing all wallets does not require user intervention, as it is an automatic process carried out by the company itself.
According to blokt.com
You May Also Like
The Litecoin network has been updated to version v0.16.2
After a long wait and careful testing, the latest version of the Litecoin Core network software has been released.
The Chinese branch of Amazon announced its cooperation with the Qtum blockchain.
According to a press release issued by the Qtum team, AWS users will now be able to “quickly, efficiently and cheaply” develop and run their own smart contracts using Amazon Machine Image (AMI).
