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Cardano Ecosystem Budget

We have voted in favour of the governance action: “Cardano Blockchain Ecosystem Budget – 275M ada Administered by Intersect“: https://gov.tools/governance_actions/e14de8d9dc4f4ddf3fe9250a8a926e20f10e99b86bd0610b77d7a054981591ee#0 The period during which this Budget Info Action remains in effect will begin at the close of its voting period and continue for 73 epochs (52 weeks). This budget is an aggregate allocation and following…

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Midnight Update

If you have been following the blog you will know that we are testing Midnight, and have been running a node on the test network. So far the experience has been solid on Testnet-02, with some significant stability and performance improvements from the first Testnet, and with more planned for an upcoming release in a…

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Midnight validator

We’ve discussed Midnight before which is a privacy focused blockchain that builds on pioneering work using zero knowledge proofs by IOG. We are pleased to say that we are currently running a testnet validator for Midnight and plan to run on mainnet when the project reaches that stage. This means that ADAvault delegators should benefit,…

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A new era

And just like that we are into a new era on the Cardano blockchain. As ever with Cardano a simple smooth transition, across the hard fork at approx 21:45UTC on September 1st 2024. All ADAvault nodes have now been upgraded to 9.1.1 and are performing as expected. Some positive media coverage even including Coindesk!

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Hardware upgrades

We’ve just completed a round of upgrades to the ADAvault hardware stack which we use to host all infrastructure we run. Compute is now based on AMD EPYC rather than Intel as we found that the AMD offering was more competitive at this refresh, resulting in approximately 200% increase in processing power and cores available.…