News

Cardano Deploys Latest Node Upgrade on Mainnet, Enhancing Blockchain Efficiency

Cardano, the leading blockchain platform, introduced a significant upgrade to its mainnet on Monday, aimed at optimizing network performance and addressing minor software issues. The latest version numbered 8.1.1, focuses on reducing epoch transitions, which are crucial time periods on the Cardano blockchain.

Epochs play a pivotal role in the Cardano ecosystem, with each epoch spanning approximately five days and comprising 432,000 slots, each lasting one second. During these epochs, ADA tokens are staked, and new blocks are generated on the Cardano network.

With the release of upgrade 8.1.1, developers have implemented changes to the epoch calculations, resulting in accelerated network processes during epoch transitions. This enhancement aims to streamline the blockchain experience for Cardano users and improve overall efficiency.

Additionally, the latest upgrade, Cardano SPOs 8.1.1, not only boosts node performance at the epoch boundary but also resolves concerns related to peer-to-peer (P2P) network communications and the Cardano-based domain name system.

Prominent Cardano enthusiast Rick McCracken, also known as DIGI, expressed his excitement about the upgrade’s release on mainnet, highlighting its performance improvements and the resolution of previous issues.

Despite these developments, ADA prices have seen minimal fluctuations over the past 24 hours, with trading currently hovering around 25 cents as of Tuesday’s European morning hours, as reported by CoinGecko.

Cardano’s commitment to enhancing network functionality and addressing software concerns underscores its continuous efforts to provide a robust and user-friendly blockchain platform for its growing community. The 8.1.1 upgrade marks another significant step forward in Cardano’s mission to revolutionize the cryptocurrency landscape.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Arpita Mukherjee

Share
Published by
Arpita Mukherjee

Recent Posts

Validium Network: Driving the next stage of web payments with x402

In the rapidly evolving landscape of web-native payments it has become clear that new infrastructures…

1 week ago

Alibaba and JPMorgan to Revolutionize B2B Commerce with Tokenized Dollar and Euro Payments

A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…

3 weeks ago

Vitalik Buterin’s Warning: Why Your Favorite Web3 App Isn’t Real Crypto

The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…

3 weeks ago

Bitcoin Dips Below $95K: Is the Bull Market Over or a Brief Reset?

Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…

3 weeks ago

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 year ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

1 year ago