Cardano

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The developments introduced in the Cardano ecosystem over the past week aimed at improving the blockchain’s core technology, smart contracts, scaling, governance, wallets, and other services. 
To enhance the efficiency of the Cardano blockchain, the team continues to implement strategic upgrades regularly. As shown by Input Output Hong Kong (IOHK) earlier today, many notable Cardano developments were recorded over the past week. 
These technological upgrades focused on improving the blockchain’s core technology, governance approach, scaling protocols, smart contracts, and Cardano-based wallets. While these positive outcomes failed to impact ADA’s price noticeably, investors’ confidence may have been boosted. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/EssentialCardano?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#EssentialCardano</a> 
 <a href="https://twitter.com/hashtag/ProjectCatalyst?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ProjectCatalyst</a> <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cardano</a> <a href="https://t.co/OWsvuUy0JH" rel="noopener noreferrer nofollow">https://t.co/OWsvuUy0JH</a> <a href="https://t.co/QznI0Obixr" rel="noopener noreferrer nofollow">pic.twitter.com/QznI0Obixr</a> 
 <a href="https://twitter.com/InputOutputHK/status/1689977470424858624?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 11, 2023</a> 
</blockquote> 
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<h2 id="span-style-font-weight-400-cardano-development-updates-span">Cardano Development Updates </h2> 
Regarding Cardano’s technology, the <a href="https://www.essentialcardano.io/development-update/weekly-development-report-as-of-2023-08-11" target="_blank" rel="noopener noreferrer nofollow">report </a> showed that the core development teams collaborated to pre-release an upgraded node this week. This new node labeled “node v.8.2.1” is designed for use on the newly-released devnet — SanchoNet. 
In light of this, the Cardano network consensus team concentrated on integrating the node version into the so-called “UTXO HD branch.” According to the IOG update, SanchoNet was built to deploy the governance features recommended in the CIP-1694. ... 
<a href="https://thecryptobasic.com/2023/08/11/iohk-team-shares-latest-developments-in-cardano-ecosystem/" rel="noopener noreferrer nofollow">Read more</a>

IOHK Team Shares Latest Developments in Cardano Ecosystem

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