Cardano News

The Cardano Foundation has launched Originate, an open-source traceability solution built on the Cardano blockchain. It enables businesses to verify product authenticity and support certifications, enhancing supply chain transparency and combating counterfeiting. A successful case study in the Georgian wine industry demonstrated its effectiveness in fighting counterfeit products. Originate provides a secure, scalable, and cost-effective way for industries like luxury goods and pharmaceuticals to increase consumer trust. The code is available on GitHub for community contribution.

The Community Digest highlights a focus on the Ouroboros Leios consensus protocol, explaining its significance for the network's future. It also provides a recap of the June 5th Stake Pool Operator call through notes from Rick McCracken. Additionally, the digest covers the recent Azteca 2025 community events in Mexico and features a spotlight on the FRADA stake pool, showcasing different aspects of the ecosystem.

A blog post by Input Output Global (IOG), details the evolution of the Cardano node from a monolithic application into a modular framework. This transformation breaks the node into smaller, independent components for aspects like consensus, ledger, and networking. The post explains that this modular design enhances flexibility for developers, simplifies updates, and critically, fosters client diversity. By enabling the creation of alternative node clients, this evolution aims to improve the overall resilience of the Cardano network.

The report highlights the release of Lace wallet v.1.23, which features a more accurate pricing feed for Cardano native tokens in response to community feedback. On the scaling front, the Mithril team delivered support for node v.10.4.1 and UTXO-HD in their tools and advanced the development of the DMQ node. The Leios team finalized an analysis of overcollateralization models and progressed on their Rust-based simulation framework for evaluating transaction duplication and conflict likelihood.

The 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.

The Community Digest highlights an exclusive from Kavinda detailing his meeting with Sri Lanka's President. It also features Lily Brodi’s "Cardano Wins of the Week," showcases the newly redesigned Cardano Academy website, and reminds community members that the application deadline for the Constitutional Committee elections is May 31st. The digest covers these key community updates and engagements.

The report highlights the release of Cardano node v.10.4.1, introducing the UTXO-HD feature for flexible UTXO set storage. Ecosystem updates include Flow DeFi releasing its litepaper and integrating with Strike Finance, Trust Wallet enabling in-app DRep delegation, Emurgo announcing it will no longer use genesis ada for governance, and a new Liqwid Labs integration with Begin Wallet. Growth continued in projects, transactions, and smart contract deployment.

Input Output Global (IOG) explains how its Mithril protocol provides lightweight access to the Cardano blockchain. Mithril allows users and applications to verify the state of the chain quickly and securely without downloading its entire history. This is achieved through a stake-based multi-signature scheme where a quorum of stakeholders certifies snapshots of the blockchain. This significantly lowers resource usage, making it ideal for light wallets, mobile applications, and layer 2 solutions.

The report highlights consensus team fixes for Genesis and progress on Cardano Blueprint CDDL validation. Brave and IO are partnering to integrate Cardano into the Brave wallet. Plutus team advanced formal methods and modular-exponentiation testing. Scaling work included Leios simulations reaching 1,000 TPS and Mithril DMQ node advancements. The Cardano budget proposal was submitted on-chain as an info action, and FluidTokens launched Babel fees.

A retrospective video from Builder Fest #2 in Da Nang was highlighted, showcasing ecosystem collaboration. Discussions on governance and scaling were featured on the Crypto Bullseye Podcast, with a reminder that Constitutional Committee elections are open until May 31st. Updates include a summary of the Technical Steering Committee meeting, a new stake pool dynamics visualization tool, and a tutorial on multisig transactions.