TL;DR
- Cardano made significant updates to its protocol, improving core technology, scalability, and governance to optimize its platform.
- The update from node v.10.1.1 to v.10.1.2 and the DB Sync version 13.6.0.0 improve stability and user experience.
- ADA experiences an increase in adoption and decentralization, with significant growth in delegators and delegated votes.
Cardano has carried out a series of major updates to its protocol, which could mark a turning point in improving the performance of its blockchain. These updates affect core technology, development, scalability, and other crucial aspects. Their goal is to optimize the platform and ensure more efficient operation for users.
One of the most important changes has been the update from node v.10.1.1 to version v.10.1.2. This new version includes improvements requested by the community, especially by staking pool operators. Additionally, the Cardano team has released a pre-version of database synchronization (DB Sync) in its version 13.6.0.0, which will be compatible with node v.10.1.0. Through these updates, the goal is to provide a more robust and stable experience for its users.
Improved Governance and More Decentralization
The new version also introduced an improved governance system that allows managing the workload of governance actions through Cardano’s CLI. This provides greater reliability and scalability in voting management while reducing transaction overhead, a fundamental advancement in the network’s ability to handle larger volumes of activity.
On the other hand, Cardano continues to advance in its decentralization process. Since the launch of the Voltaire era, voting power has been distributed among ADA holders, allowing for greater participation in decisions that affect the platform’s future. In terms of adoption, since the beginning of November 2024, the network has seen a significant increase in the number of delegators and delegated votes, demonstrating that the community is highly interested in actively participating in the governance process.
Cardano (ADA) Climbs in the Cryptocurrency Ranking
Meanwhile, the Mithril team continues working on solutions to improve Cardano’s scalability. This work includes developing new distributions and analyzing metrics to ensure the network continues to function efficiently as it grows. Traceability improvements have also been implemented, with the launch of cardano-tracer-0.3, which will facilitate the identification of potential performance issues.
These updates are just part of Cardano’s strategy to maintain its position as one of the leading blockchains in the market. In line with this, ADA has regained the ninth spot among the top cryptocurrencies. Recent advancements, combined with the current bullish trend in the crypto market, led ADA to rise by 13.35% in the last 24 hours, reaching a value of $0.4408. Its market capitalization surpassed $15.43 billion, and the volume grew by 180%.