Cardano News

The first Cardano Constitutional Convention is scheduled for December 4–6, 2024, in Buenos Aires, Argentina, and Nairobi, Kenya, aiming to draft and ratify the Cardano Constitution based on extensive community feedback. A recent roundtable discussion featured key ecosystem members deliberating on the draft constitution, fostering transparency and community engagement. The Stake Pool Spotlight highlights WADA, a pool dedicated to supporting innovation and ecosystem growth across the African continent.

A Roundtable Talk, streamed live on November 25, 2024, featured a discussion on the drafts of the Cardano Constitution. Key ecosystem actors delved into the document's core ideas and its role in guiding community governance. The conversation served as a constructive forum to share insights and align on the community's vision ahead of the subsequent ratification process in Buenos Aires.

The core technology teams released components compatible with the latest Cardano node, including DB Sync and Cardano wallet updates. The ledger team shared the ImpSpec framework, while performance teams enhanced benchmarking and locli analysis. Mithril prepared for the Pythagoras era, and Hydra's Doom tournament qualifiers start December 3. The Constitutional Convention will vote on the Cardano constitution, and the community may rename Chang #2 to the Plomin hard fork.

The core technology teams assessed Ouroboros Leios feasibility and integrated ouroboros-network for Mithril. Non-P2P support will end post-next hard fork. The consensus team reviewed UTXO-HD and hard fork combinator updates, while Plutus advanced compilation tools and ScriptContext API. Mithril released distribution 2445.0, supporting node v.10.1. Hydra progressed on incremental commits and validator rewrites. Intersect's budget committee prepares Cardano treasury allocations for 2025.

The Cardano Summit 2024 in Dubai featured masterclasses on topics such as decentralized governance, sidechains, and protocol parameters; recordings are now available on the Cardano Community YouTube channel. The interim Constitutional Committee has voted on the 3rd Governance Info Action regarding the potential increase of the K parameter. Intersect invites community participation in the 2025 annual budget survey to guide resource allocation and ecosystem growth.

The core technology teams released node v.10.1.2, while DB Sync v.13.6.0.0 nears mainnet testing. The ledger team improved code quality and added stake pool vote queries. Performance benchmarks advanced decentralized submission via cardano-cli. Mithril pre-released distribution 2445.0-pre and explored signer registration solutions. Voltaire refined node v.10.1.2, Catalyst celebrated 1,000+ completed projects, and voter registration continues, with Catalyst Voices focusing on core improvements.

Blockchain interoperability allows different networks to communicate, offering enhanced liquidity by enabling token movement across chains and broadening user access. It diversifies assets and users, simplifies token management, and boosts inter-blockchain communication using oracles for seamless data exchange. Cross-chain payments and collateral usage enhance decentralized finance applications, while economic security improves with increased liquidity and reduced risks from isolated systems. Interoperability strengthens blockchain ecosystems for Web3 success.

The core technology teams released node v.10.1.1 for the Chang #2 upgrade, enhancing governance with SPO delegation and auto-abstain DRep votes. Lace v.1.17 introduced shared wallets in beta. Plutus conducted end-to-end testing for new primitives, and Hydra advanced incremental commits and on-chain validators. Mithril released CIP-137 for decentralized message queues and added Prometheus-based metrics.

Explore the highlights, major announcements, and engaging discussions from day two of the Cardano Summit 2024.

An amazing first day at the Cardano Summit 2024 in Dubai! Keynotes: Unveiling the latest in blockchain innovation and envisioning Cardano’s future. Panels: Delving into real-world applications with insights from industry leaders and experts. Cardano Market: Exploring groundbreaking projects, startups, and connecting with the vibrant Cardano community. Community: Meeting passionate people from all corners of the world, exchanging ideas and experiences.