Connect with us

Altcoins

Cardano [ADA] 1.2 released and will take effect in a few hours

Sarah Rodrigues

Published

on

Cardano [ADA] 1.2 is released and will take effect in a few hours
Source: PxHere

Today, Charles Hoskinson announced the release of Cardano 1.2, via Twitter. In his recent video, he spoke about the updates and the process of the upgrades of Cardano 1.2, the CL TestNet, stake pools, and delegation.

The CEO of Cardano [ADA] attached a screenshot in his tweet, where he shared the information of the release time of the upgrade. Cardano 1.2/0.10.0 release update proposal to the MainNet had been accepted around 00.20 AM UTC on Tuesday. The update will take action around 12:20 PM UTC. They have also updated the website JSON metadata, which enables the users to download and install the latest version.

Charles Hoskinson’s tweet

The community of Cardano has been anxiously waiting for the upgrade, Cardano 1.2. Cardano is a cryptocurrency and distributed platform which works on the technology of blockchain. It computes and operates on Cardano Settlement Layer [CSL], which is their own blockchain technology.

There have been quite a lot of changes done on the upgrade, and their changelog has been shared as well. The core code changes which have been included are:

  • The development and execution of Benchmarking tools for the wallet V0 API
  • An optimized way of mempool in the Wallet Backend [CBR-16]
  • Investigated and solved the experience of balance discrepancy by Bittrex [CBR-135]
  • Asynchronous restoration of a wallet [CBR-90]
  • Sorting and filtering out the capabilities of the wallet V1 API [CBR- 20]
  • Implementation of the new V1 API endpoints [CBR-16]
  • The Exchanges require endpoints added to V1 API [CBR-103]

They had fixed the bugs in the system as well. They also fixed the wallet’s creation and backup [R120-4], and the Daedalus issue where it was stuck at “connecting to network” screen after the version updated [CBR-282, R120-17].

Katsumoto, a cryptocurrency enthusiast on Twitter replied:

“Replying to @IOHK_Charles
#Daedalus improved, new features; #paper #wallets….Another great update for @coindesk to do a cover story on, if you ask me…. $ADA #Cardano #coindesk”

To which Charles replied:



“Nope. Never going to happen. Maybe if vitalik tweeted about it.”

Sam, a Twitter user commented:

“Charles did I ever told you how much I like you !”

wmorg commented:

“Sweet!! As a veteran on Memorial Day I would like to that YOU for your Service!! Thank you Sir!”





Subscribe to AMBCrypto’s Newsletter




Follow us on Telegram | Twitter | Facebook



Sarah Rodrigues is an intern at AMBCrypto. She is pursuing her English lit, Psychology and Journalism at St. Joseph's College. She researches extensively and writes about Cryptocurrency and Artificial Intelligence. Sarah currently does not hold any value in cryptocurrency.

News

Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Guest Author

Published

on

Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





Subscribe to AMBCrypto’s Newsletter


Continue Reading

Trending