Cardano is among those cryptocurrencies which are renowned for their punctuality with all kinds of engaging updates regarding their currency. Since its inception, the online community has been kept up to date with any new projects that the company has in mind, but now the time has come for a short break.
While this doesn’t mean that exciting things are not happening within their crypto space, it appears that Cardano is more focused on their next weekly technical update release which is scheduled to occur on May 17.
At the same time, we are aware that the Cardano has been preoccupied with the two new Testnets which are already scheduled, and that their CEO, Charles Hoskinson, has attended a number of technical conferences from around the world to spread the vision of the business model. This is proven by a tweet released by the Cardano Foundation, which states the following:
“There will be a short break for the IOHK Cardano Weekly Tech Reports. Luckily, we have a supportive community, and you can watch Sebastien’s video on the devs updates that happened last week. The next official report will be released May 17.”
For those who are not aware, Sebastien Guillemot is the R&D software engineer and the educational content creative mind for Cardano. Not long ago, he has mentioned that a lot of interesting things are happening with Cardano and that the community will soon know more about it. He tweeted:
“No official #cardano/$ADA technical report but I made a video anyway. There are too many juicy updates to go through at the moment.”
No list could be complete without mentioning a new release which is open to users to check out and use. All in all, we are discussing a paper wallet update were passwords are not open by default when a wallet is created, meaning that your information is even safer and more secure. Plus, the synchronous wallet restoration is available as well, since users have deemed it a great update –now scheduled to be released shortly.
Cardano Crypto Library
In line with different reports released this week, the Cardano foundation has been busy working on a bunch of various sized projects, and one of them is the rust Cardano Crypto Library –an imitation of the wallet we know today, using rust and lead to GS Cardano WASM.
So far, we know that this WASM stands for a web assembly binding that correlates to the Cardano crypto library, which in turn leads to the new project we know from Ariadne. From what we can tell, this will be a command-line interface capable of performing different actions using the Cardano compatible wallet. At the moment, users can check out the code and use it as they deem fit via the official websites’ libraries.
Another project worth mentioning is the Plutus Napkin, which is defined as a smart contract language which can be used as a base limitation capable of creating new languages. If this is reminiscent of the Plutus core version, then you are more than correct, because this project is a simplification of that.
Of course, there are also some more minor changes which will still make a significant difference to the overall user experience. For instance, a new endpoint to the API is being added, allowing users to perform transactions which can be signed by another device and then brought back and sent.
This versatility and increased functionality will be useful for hardware wallets where transactions are bound to be sent, but a PC, laptop, or mobile device is not connected to the internet. Yes, there are already wallets that offer this feature, but it’s a first for Cardano, and we’re excited to hear about it.