Cardano News

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.

The May 26, 2025, Cardano 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 May 23, 2025, development 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.

In a blog post dated May 19, 2025, 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 May 16, 2025, development 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.

The May 13, 2025, Cardano Community Digest highlights a retrospective video from Builder Fest #2 in Da Nang. It features CardanoGirls (Linda & LaPetiteADA) on the Crypto Bullseye Podcast discussing governance and scaling, and reminds that Constitutional Committee elections are open until May 31st. Also included are Yuta's summary of the Technical Steering Committee meeting, a new stake pool dynamics visualization tool, and Peter Bui’s multisig tutorial.

Intersect announced its Q1 2025 committee election results on May 12, 2025. In these elections, 522 members, representing 27% of eligible voters, cast 11,839 ballots. A total of 119 candidates competed for 36 seats across eight committees, with the results independently audited by DQuadrant. This marks a significant step in the progress of Cardano's governance.

In this session of the Cardano Developer Office Hours, the team presents PoP (Proof of Provenance), a project to decentralize open-source development on Cardano. They cover risks of centralized infrastructure, using Cardano for verifiable software metadata, Merkle trees, and on-chain tracking. A live demo shows PoP in action. Use cases include secure versioning, on-chain test management, SPOs as decentralized oracles, and decentralized package tools.

Input Output Global (IOG) published a blog post on May 09, 2025, detailing native tokens within Cardano's Extended UTXO (EUTXO) model. The post explains how these tokens function without requiring smart contracts for creation or transfer, unlike account-based systems like Ethereum. This design offers enhanced security and reduced transaction fees for users. The article contrasts Cardano's approach with traditional ERC-20 tokens, emphasizing the inherent advantages of its native token implementation.

The May 09, 2025, development report information, largely reflected in Intersect's update, highlights significant progress in governance processes. This includes the upcoming submission of a budget info action with 39 proposals for DRep voting in epoch 557, and the opening of candidate registration for the Constitutional Committee, running until May 31st. The report also noted a strong voter turnout for Q1 committee elections and an increase in DRep statistics. Additionally, community contributions such as the Lucid Evolution off-chain framework and the Midgard Protocol L2 solution were mentioned.