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Cardano [ADA] releases another round of technical advancements over the past week

Priyamvada Singh



Cardano [ADA]'s releases another round of technical advancements over the past week
Source: Pixabay

On 31st August, the official Twitter handle of Cardano’s parent company, Input-Output Hong Kong [IOHK] posted the official weekly progress report of the project. In this report, updates on Daedalus Wallet, its API and backend, among other things are mentioned.

Over last week, all the work required for the release of Daedalus 0.11.1 and Cardano 1.3.1 was completed by the team. Of late, an error was found in Daedalus where it could not start if one entered a username containing non-ASCII characters on the Windows. ASCII [American Standard Code for Information Interchange] is a character encoding standard for electronic communication. In the update, the team was able to fix this issue for its users.

However, the work to integrate the V1 Cardano wallet API is still going on with an added task to integrate the React-Polymorph infinite scroll feature. This new feature will assist the users in browsing through the list of transactions on the wallet.

Another issue with ThemeProvider was found wherein the React-Polymorph framework was facing glitch due to the problems in dynamic theming. As of this week, the issue was successfully fixed by the team. A Storybook story was also an addition to provide a demonstration of the dynamic theme switcher.

Next, the report explained the developments taken place in the wallet backend across the week. Here, it was mentioned that REST handlers were implemented to support node settings and info, as the optimization of the wallet synchronization and stability was the main focus of the team. The database was also refined in order to solidify the acid-state [Atomicity, Consistency, Isolation and Durability] from its core.

Regarding the fixes pushed by the team in the past week, IOHK also wrote:

“The developers finished all the entry points of TxMeta, fixed all fields and added some tests in addition the team worked on Safecopy by trying to find best ways to compute diffs between Maps and Sets, in a way that would allow the creation of a Checkpoint from a list of those diffs.”

A Twitter user and Cardano follower, Jötunn on the update commented:

“So looking forward to reading The Delegation e-print.”

Another Reddit user and cryptocurrency follower, akahodLer2 wrote:

“cardano has shown what transparency is. they release the best update reports. most dedicated team in cryptocurrency space!!! keep up”

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.


Bitcoin SV briefly soars by 116% in an hour, reaching five-month high




Source: Unsplash

Bitcoin SV, the fork coin, pumped by 116% in an hour and reached $135 very briefly; this happened after CoinGeek’s article claimed that Craig Wright was granted US copyright registrations for Bitcoin whitepaper.

As seen in the chart below, the price hit $135 in an instant and dropped down to $107, at press time. The coin, which was trading at $65 rose dramatically after the article was published, which does not seem like a coincidence.

Source: TradingView

The article stated:

“Craig S. Wright has been granted U.S. copyright registrations for the famed original Bitcoin white paper, and most of the original Bitcoin code (version 0.1)… This is the first government agency recognition of Craig Wright as Satoshi Nakamoto, the creator of Bitcoin”

Calvin Ayre tweeted:

Peter McCormack, the host of What Bitcoin Did, tweeted:

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