Cardano is cryptocurrency to evolve out of a scientific philosophy and a research-first driven approach. The scientific philosophy of deconstruction is applied to the concept of cryptocurrency. They came up with approaches incorporating Proof of Stake algorithm, Ouroboros, which were driven by peer-reviewed academic research.
They incorporated disciplines like distributed systems, mechanism design and cryptography to build the most advanced cryptocurrency yet.
March 2018 has been a very eventful month for Cardano. They have recently announced the release of a new software update, the ‘Cardano 1.1.0’. Cardano Foundation met with the members of the South Korean National Assembly last week to discuss the challenges and opportunities in blockchain technology and cryptocurrency policies.
Meanwhile, IOHK’s Charles Hoskinson is on a seven-week tour visiting major cities in Asia and Europe, showcasing Cardano at events and media appearances, while also meeting up with the local Cardano communities to raise awareness of the long-term vision of Cardano.
The new update includes features focused on user experience, bug fixes and performance improvements with respect to the previous version ‘Cardano SL 1.0.3’. The update also includes a new feature for Daedalus which enables the detection of the time on the users’ machine when it goes out of sync with the global time and will display an error message asking the user to fix the issue.
This resolved the problem faced previously where the Cardano node was unable to connect to the network and validate the blockchain. The feature ‘support request’ enables users to report a problem directly from Daedalus.
Bugs have been fixed, in particular, that caused problems while synchronizing to the network after reaching 99.9%, which caused occasional network disconnections. A feature has been added now which indicates the state of connectivity.
Charles Hoskinson, CEO said:
“In addition to individual fixes, importantly, this major release is the first time-based release containing significant new code, and represents an improvement in our development process. All previous releases of Cardano were scope-based, i.e. the goal was to deliver a particular scope and often the release was repeatedly postponed because of inaccurate estimations on having the scope ready for release.”
There was a mixed reaction from Cardano community, one Twitterati says,
“So it is happening after all!! Amazing Cardano!”
Matt Bishop, a Cardano investor says,
“Finally some good news, such a boring market otherwise. I hope the price reflects the same”
Allan Ackad, an altcoin miner says,
“Still too many bugs yo, doesn’t really affect anything, I think you guys will probably take 99 more tries to get it right and then we should see the price spike. I invested in Jan 4th, so yeah fuck me!”
Stephen Hoan, another miner replying to Allan’s comment says,
“It is really surprising how people who don’t shit about anything start to spread FUD about a token. We have seen a good update from Cardano here, I think you could expect something great soon”
The post Cardano [ADA] releases the ‘Cardano 1.1.0’ – community bullish! appeared first on AMBCrypto.
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