Cardano is on observe to mark its eighth anniversary because it was launched on the finish of September 2017.
As Cardano’s eighth anniversary nears, Cardano targeted neighborhood account (*8*) took to X to spotlight Cardano’s unbroken community uptime report, second solely to Bitcoin.
Since its launch, Cardano has been working 24/7, has by no means been hacked or down, and has the second longest uptime, trailing solely Bitcoin.
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The Cardano-focused neighborhood account echoed the assertion made by Cardano founder Charles Hoskinson in a latest interview, the place he acknowledged that Cardano has been working for almost eight years, having launched in 2017, with none downtime, an achievement he stands proud of.
Based mostly on latest information, Cardano has processed over 113,000,000 transactions, indicating community adoption. ADA was buying and selling at $0.88 at press time.
What’s subsequent for community?
In accordance to Enter Output, the Cardano network has a slew of enhancements within the works, together with Ouroboros Peras, Ouroboros Leios and the Cardinal protocol, amongst others.
Ouroboros Peras is an ouroboros protocol model that brings quick finality to Cardano. Peras enhances Nakamoto-style consensus by introducing a Byzantine Fault Tolerant (BFT) voting mechanism.
Ouroboros Leios marks a serious high-throughput improve to Cardano’s consensus protocol, with a CIP to be proposed within the coming months.
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The Cardinal protocol offers the primary trust-minimized bridge between Bitcoin and Cardano, enabling safe wrapping of Bitcoin UTXOs, resembling Ordinals, as native-like Cardano belongings.
CIP-0118 (nested transactions) proposal introduces validation zones to help nested transactions, enabling use circumstances like Babel charges and intent-based companies. CIP: Ouroboros Φalanx marks an improve to Cardano’s consensus protocol which strengthens resistance to grinding assaults and improves equity in chief election.
Jolteon is a network-adaptive BFT consensus protocol being formalized in Agda for use on Cardano accomplice chains. Plutus-Halo2 demonstrates a breakthrough in on-chain verification of recursive zero-knowledge proofs on Cardano, particularly Halo2.
Accomplice chains’ restaking frameworks would allow shared safety throughout accomplice chains by reusing staked ADA and leveraging current SPO infrastructure, with out requiring liquidity swimming pools or new collateral.
