News in that IOG are making progress on the release of their light wallet called Lace, which will complement Daedalus (a full node wallet that keeps a complete copy of the blockchain). In a recent blog post Olga Hryniuk provides details: To simplify the experience for wallet users, IOG is developing Lace ‒ a ‘one-stop-shop’…
Vasil upgrade status
Nigel Hemsley (Head of Delivery and Projects at IOG) has just shared that there will be a minor delay to the timeline for the Vasil upgrade that will increase transaction speed on the network. Comprehensive testing by the IOG quality assurance and testing team, has shown a few issues remaining and they have decided to…
Proof Of Stake
You probably already know that Cardano uses an algorithm known as Proof of Stake (PoS) to secure the blockchain, and maintain consensus between validators. You might also know that Ethereum is planning to transition to PoS to unlock some of the same benefits enjoyed by Cardano such as faster transaction speeds, lower transaction costs, reduced…
World mobile update
We are big fans of World Mobile here, and keep a close eye on their progress. They have a very exciting proposition in merging open access to mobile networks with blockchain capabilities that allow community operation of nodes, and the chance for all network users to gain from the growth of the network. They have…
On chain metrics
A couple of interesting stats from the latest Kraken Intelligence report. First up is the on chain dominance which as expected shows a weakening of altcoins relative to Bitcoin which is typical of bear market cycles. Note that Cardano (ADA) is performing well against other altcoins, with potential for a stronger performance as we head…