Good News to the Community from This Altcoin: New Projects Keep Coming!

According to a recent update, cardano development team on various projects working. Specifically, the network team created a new method to switch between root and ledger peers. In this way, a better communication was provided between the nodes in the system. They are also making progress on Eclipse Evasion, a feature that increases scalability and maintains privacy within the Cardano network.

These are just a few of the many projects the team has been working on, all pointing to a more secure, reliable and fast networking system. A weekly report showed that Cardano launched 127 projects, generated more than 8.28 million native tokens, and executed 8,277 Plutus scripts.

Moreover, Altcoinscurrently has 1,242 active projects, 66.7 million transactions and 73,880 token policies under development on its platform. Before the Vasil hard fork, this number was 98 projects and 1,100 buildings on the Cardano network.

Other updates include the launch of the first manually compatible Hydra Node and Hydra Plutus scripts to be used on the mainnet. This new launch also includes technical changes Cardano wants to fix before using a Hydra Head with real ADA, and issues that should have happened.

Ledger Upgrade Leads to Controversy

As Koinfinans.com reported, the new firmware update offered by Ledger recently suffered from some security vulnerabilities. Charles Hoskinson, founder of IOG, took to Twitter to highlight the importance of open source software and regular audits by multiple sources to help users take advantage of advanced security measures. gone.

Hoskinson also stated that transparency is critical for building trust in the industry. He added that audited software provides a layer of assurance for users, which is especially important for hardware wallets.

Source : The Crypto Basic


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