Mithril

Cardano

Hydra

Flash

<ul> 
 <li><strong>The Cardano team released node v.9.1.0, which includes enhancements, bug fixes, and a Conway genesis file to facilitate the Chang transition.</strong></li> 
 <li><strong>The performance and tracing team also published release benchmarks for node v.9.0.0, confirming no performance regressions compared to mainnet release v.8.12.1.</strong></li> 
</ul>  
<p>Last week, the Cardano blockchain underwent a major development with the launch of Chang hardfork, per the CNF <a href="https://www.crypto-news-flash.com/cardano-launches-node-9-1-0-the-dawn-of-the-chang-hard-fork-era/" target="_blank" rel="noopener">update</a>. The team also released the node v.9.1.0 which includes a Conway genesis filed to facilitate the Chang transition. This update includes several enhancements and bug fixes, especially to the CLI and API.</p> 
<p><iframe title="Cardano Node v.9.1.0 Released with Crucial Features for Chang Upgrade" width="788" height="443" src="https://www.youtube.com/embed/5ty0mNkOe4Q?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p> 
<p>Last week, the Cardano performance and tracing team finished and published the release benchmarks for node v.9.0.0. These benchmarks play a significant role in block fetch duration and confirm no performance regressions in comparison to the mainnet release v.8.12.1.</p> 
<p>Furthermore, they conducted scaling benchmarks on Plutus execution budgets, assessing the impact of changes to CPU and memory budgets. The Cardano team also merged improved shutdown behavior for the tx-generator to master along with working on governance action benchmarking workload.</p> 
<p>On the other hand, the networking team held the Network Working Group (NWG) meeting while sharing crucial recordings with the technical audience covering basic concepts of ouroboros-network. Besides, the team has reviewed all standing pull requests associated with Genesis. The team also presented the integration ideas with the Cardano-node for Mithril integration while considering system risks, to be part of a CIP for evaluation by the Technical Steering Committee (TSC).</p> 
<h3 id="cardano-wallets-smart-contracts-and-scaling-updates">Cardano wallets, smart Contracts, and Scaling Updates</h3> 
<p>As per the Cardano weekly <a href="https://www.essentialcardano.io/development-update/weekly-development-report-as-of-2024-07-26" target="_blank" rel="nofollow noopener">report</a>, the Cardano Lace team is in the final stages of preparing for the release of Lace version 1.14 which consists of improvements and other bug fixes.</p> 
<p>Similarly, the Plutus team has rebranded Plutus TX as Plinth, a decision aimed at bringing terminology clarity thereby helping to clearly distinguish between Plutus Tx and Plutus Core more effectively. In a prediction last week, Cardano chief Charles Hoskinson predicted that Cardano can overtake Bitcoin in the future, per the CNF <a href="https://www.crypto-news-flash.com/charles-hoskinson-envisions-cardano-surpassing-bitcoin-adas-growth-trajectory-and-upcoming-chang-hardfork/" target="_blank" rel="noopener">update</a>.</p> 
<p>The Hydra team merged incremental decommits while successfully running the latest Hydra head on the previous network. Additionally, the team introduced a new NixOS configuration for running a Hydra node. Their next steps include focusing on incremental commits, follow-ups to the incremental decommit work, and enhancements/tests for network reliability.</p> 
<p>The Mithril team has also focused on preparing for the upcoming release of the Cardano transaction certificates in Mithril networks. Besides, they also fixed a bug preventing the import of transactions linked to the tip of the Chain. The Mithril team also investigated performance issues on imports from mainnet and SanchoNet.</p> 
<p>Amid the broader market volatility, the Cardano price is also showing similar movements. In the last 24 hours, the ADA price is up by <span style="color: #339966;">1.60</span>% trading at $0.4188 with a market cap of over $15 billion. On the other hand, the Cardano community has pushing up for a spot Cardano ETF in the market, per the Crypto News Flash <a href="https://www.crypto-news-flash.com/cardano-etf-in-the-cards-ada-founder-charles-hoskinson-hints-at-this-possibility/" target="_blank" rel="noopener">report</a>.</p> 
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Cardano Node v.9.1.0 Released with Key Features for Chang Upgrade

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