Cardano’s latest weekly report, published on February 2, 2024, has revealed several notable developments by the Marlowe, Hydra, and Mithril teams. The report highlights significant milestones achieved during the period.
In total, 157 projects were launched on the Cardano network, with an impressive 83.2 million transactions recorded. Additionally, 9.52 million native tokens were discovered, and 1322 building projects were counted.
One key update mentioned in the report is the new db-sync version prepared and tested for the mainnet by the DB Sync team. The Marlowe team also made progress on the Marlowe-cardano, creating a non-SRE process for running benchmarks. This initiative aims to improve performance evaluation and resolve the Wolfram oracle references.
Another significant development from the Marlowe team includes optimizing the Marlowe Runtime and merging the real-world-Marlowe and Marlowe-hackathons repositories into a contracts folder. The team also explored the possibility of supporting CIPs and updated the Marlowe security document with the latest script hashes and CF developer documents to ensure security compliance. To provide comprehensive explanations of token roles, a documentation and video were created. Additionally, the Marlowe team developed a test for the atomic swap contract.
The Hydra team conducted a yearly road-mapping session as part of their responsibilities. They introduced a breaking API change to eliminate JSON encoding of transactions.
The Mithril team continued their work on implementing a new data type to certify Cardano transactions within the Mithril network. They successfully completed the signature of the transactions set and implemented the aggregator route, which generates proofs of membership for a list of Cardano transactions. The team also finalized the manual workflow for testing the NPM client package in the CI and improved the resilience of computing the list of immutable files in a Cardano node database. Furthermore, they expanded the coverage of end-to-end tests in the CI to accommodate multiple versions of the Cardano node and various hard fork scenarios.
In other news, the second week of voting in Fund11 for Project Catalyst is currently underway. Over 150,000 votes have been cast by nearly 5000 wallets across 920 proposals seeking community funding. Additionally, the education team is planning a second iteration of the Cardano developer training course in collaboration with the Africa Blockchain Center (ABC).
As part of its education program, Cardano has recently partnered with Petrobras University to educate 45,000 employees on the transformative potential of blockchain technology. Participants who completed the program received certificates.
At the time of writing, Cardano (ADA) was trading at $0.495939, experiencing a 1% decline in the last 24 hours and a 6% decline over the past seven days. Analysts predict that the asset has the potential to reach $1 this year, with an average expectation of $1.24.
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