Cardano and Dogecoin: Here are the Latest Developments You Should Know! - Coinleaks
Current Date:September 21, 2024

Cardano and Dogecoin: Here are the Latest Developments You Should Know!

There are new developments for Cardano (ADA) and Dogecoin (DOGE), two popular cryptocurrencies that are in the top 10 by market cap. In this article, we will convey the developments in these two major ecosystems. Here are the details…

New developments for Libdogecoin

Expressing the building block for building Dogecoin projects, Libdogecoin is receiving new improvements. According to Dogecoin core developer Michi Lumin, Libdogecoin v 0.1.1 is doing well. The improvements in Libdogecoin v.0.1 will include better memory cleaning, high compatibility, easy procedure and support such as HD address derivation. According to the Dogecoin developer, the focus remains on the simple implementation.

cryptocoin.com As we have reported, the first version of Libdogecoin v0.1 was released in August. This platform focuses on enabling developers to integrate Dogecoin without the need for in-depth Blockchain knowledge. Benefit from adoption through integration remains the main emphasis of the Dogecoin Foundation. With the development of Libdogecoin over the past few months, the Dogecoin Foundation has focused on building the foundation for multiple projects for adoption, including RadioDoge and GigaWallet.

New teaser released for “DogeTV” launch

According to a post by Dogecoin developer inevitable360, MyDoge Wallet has released a short video of the debut of “DogeTV”. This “TV” service is predicted to provide Dogecoin users access to the latest news. Still, very few details are available about “DogeTV” at the moment. Dogecoin recently launched a new website with several enhancements, as well as “Dogepedia” aimed at removing “fear, uncertainty and doubt (FUD)” in the crypto space.

Cardano: New explanations for Vasil hard fork

Meanwhile, Cardano, another major network, is on the verge of a highly anticipated hard fork. The highly anticipated Vasil upgrade is a little less than a week away from mainnet distribution. The update aims to expand and enhance Cardano’s capabilities in addition to the new Plutus v2 features. On September 22, an IOG/Cardano Foundation team will implement Vasil at the protocol level using the hard fork combiner. After an epoch, on September 27, developers will be able to use the new features along with the new Plutus cost model.

https://twitter.com/timbharrison/status/157089317767503872

IOG says it’s currently tracking the fork on three metrics: node, stock market, and dApps readiness. The DPT community was the first to show its readiness, with 98 percent of the blocks currently created by the Vasil 1.35.3 node, greatly exceeding the set minimum 75 percent criterion. In the pre-production environment, the hard fork will take place on September 19 at the Vasil/Babbage epoch. The Vasil mainnet upgrade offer will also be available by this date. The mainnet hard fork event is scheduled for September 22. On September 24, the new Plutus functionality and cost model will be available in the preproduction environment. It will air on the main network until September 27.

Latest developments for Cardano ecosystem’s Hydra solution, Lace wallet

There is also an update regarding the Lace wallet. The development team is finalizing a “proof-of-concept” where the Cardano wallet builds an API written for TypeScript from Haskell. Adestria service is also still preparing for the release of cardano-js-sdk. The Hydra team on the Cardano network is also building a long-lasting Hydra node network through its joint implementation. The team is in the process of finding early bugs that can be fixed with later improvements. As it is known, Hydra is Cardano’s layer-2 scaling solution. Finally, Project Catalyst Fund9 voting on Cardano ends on September 19. Users vote for over 1,000 offers on Fund9. Voter rewards are available for each wallet that votes.