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Weekly Development Report

Input Output Global
Research and engineering company

The May 30, 2025, development report highlights the bridging of Bitcoin Ordinals to Cardano via BitVMX and a new partnership between the Cardano Foundation and UNHCR for a crypto-backed ETP supporting refugees. Core technology work focused on performance benchmarks and preparing for the LSM-tree storage layer. The consensus team onboarded to the Leios simulator and patched several CDDL specifications. Smart contract work included enhancing CEK-machine diagnostics and expanding documentation.

weekly development report