Regular monthly update from Tim and crew covers the Vasil progress and upcoming features like Babel Fees (which we covered recently). Some minor delays to Vasil which given the recent hacks on Nomad and Solana (in just the last few days), are a non-issue from our perspective. It’s imperative to get security right. Move fast…
A metric that matters…
Transaction Bytes per Second (TBPS). This metric measures the total transaction data throughput on chain and it’s been increasing consistently. We think this is a much much more meaningful metric than Transactions Per Second (TPS). Why? On an extended Unspent Transaction Output (eUTxO) chain like Cardano a simple metric of TPS does not reflect the…
Babel Fees Overview
An update on Babel Fees is just out, one of the improvements which will be coming to Cardano in the not too distant future. Babel Fees are a novel mechanism that allows the payment of transaction fees in user-defined tokens on Cardano. In this video Polina Vinogradova, IOG’s research engineer walks us through an overview…
Mid monthly update and AMA
A couple of updates for you. First up, the regular mid monthly update from Tim and team on progress towards the Vasil hard fork. It is looking like there have been a few issues discovered on Testnet that will slightly push back the target dates (originally end of July). While a date is not mentioned…
News just in that the Cardano Foundation has joined the Linux Foundation Group as a Gold Member. We are really pleased to see this development, there is a very similar ethos and values between the foundations and their respective goals. Time to dust off and read Eric S. Raymonds “The Cathedral and the Bazaar” again…