Cardano updates, two testnets to launch in near future

Cardano (ADA) to receive two test networks and several updates to internal architecture and wallet app
28 April 2018   1306

Any project in the crypto market has to evolve, lest be forgotten. And Cardano developers understand that simple truth. To better add value to their coin, devs plan to present several requested updates and two test networks. This move signifies a new phase for the project.

The two networks in question are Cardano 1.2.0 and Daedalus 0.10.0 branch. The meat of the update are as of now undisclosed improvements to the exchange integration processes and streamlining various wallet features. The wallet app will be essentially redesigned to be more user-friendly, secure and easy to deploy.

Also several community-requested changes were tested out and are ready to be implemented on the next update. One of those features is a paper wallet certificate generator.

Also, Charles Hoskinson, CEO of Cardano, hinted at plans to do cross-team work with DevOps team.

Mr. Hoskinson commented that the team behind the platforms is upholding the best possible standards of transparency of development phase of Cardano, when he unveiled the update to Cardano 1.2.0 and upcoming dual test network launch.

At the moment of publication, Cardano’s market parameters are:

Average price: $0,315178

Market cap: $8,171,642,238

Volume (24H): $244,828,000

Daedalus Rewards Wallet to be Launched

The wallet gives an option of staking ADA tokens in the Shelley test network and at the momemnt 4.2B tokens have allocated by users
17 December 2019   200

The IOHK company behind the development of the Cardano blockchain project announced the release of a Daedalus Rewards wallet with the possibility of staking ADA tokens in the Shelley test network.

The launch of staking in the Shelley testnet took place on December 13. Although this network is different from the main one, users will be able to spend the ADA earned in it after the end of the testing period. Currently, they are invited to delegate their tokens to existing pools or to act as pools themselves.

The Daedalus Rewards wallet

To date, 4.2 billion tokens have been allocated by ADA holders for staking in the updated version of the test network, which corresponds to $ 142 million at the current rate of the main network.