Last week, the Cardano blockchain network unveiled the latest version of its scaling solution, Hydra v.0.16.0, which supports the cardano-node v.8.9.0 and the corresponding Conway block format. This release marks a significant step forward in Cardano’s quest to enhance its transaction speed and scalability.
Alongside the Hydra update, the Cardano ecosystem witnessed other notable developments. The Lace Web3 wallet received a new version (v.1.10) with improvements to the onboarding experience, dApp wallet security, and staking views. The Mithril team, responsible for Cardano’s signature and proof generation, made progress in scaling these critical functionalities for the mainnet.
Cardano’s founder, Charles Hoskinson, took to social media to address the criticism and FUD (Fear, Uncertainty, and Doubt) surrounding the Hydra scaling solution, reaffirming the team’s commitment to its development and deployment.
Looking ahead, Cardano will host an event in Barcelona, Spain, on April 26, where the Project Catalyst team will launch Fund12, the latest iteration of the community-driven grant program. This initiative continues to be a driving force in the growth and innovation of the Cardano ecosystem.
The Cardano network remains dedicated to its roadmap, with the Hydra scaling solution, Lace wallet improvements, and Mithril advancements showcasing the ongoing efforts to enhance the platform’s capabilities and user experience. As Cardano progresses, the community eagerly awaits the next milestones in the network’s development.