Cardano update 1.4 to release by November-end or early December: Hoskinson
Cardano Foundation is looking forward to a new beginning as Michael Parsons recently stepped down as chairman of the organization. Parsons’ exit followed a sort of “civil war” that broke out in the community centering around his role in the Foundation. Soon after the announcement, Cardano founder Charles Hoskinson shared a few upcoming updates with the community via an Ask Me Anything (AMA) session.
It is to be noted that Parsons’ resignation came after Hoskinson and Emurgo CEO Ken Kodama accused him of poor leadership. He was also accused of monopolizing the power of the Cardano Foundation. All these accusations resulted in a power struggle within the Foundation and other leading bodies in the Cardano ecosystem. The “civil war” gradually became so big that Parsons had to resign due to peer pressure.
In the recent AMA, Hoskinson talked about the upcoming 1.4 and Shelly update for Cardano 1.4. “The update 1.4 for Cardano is coming along well and we’re in regression testing right now. We’ve had a few regressions but nothing significant is found yet and it’s a lot of new code. There has been a huge amount of refactoring on the core, and we’ve found new database solutions, so we’ve gone from lots of storage to little storage and become much more efficient,” he explained.
He added that the biggest development that has occurred is in the wallet backend. He also confirmed that it was the first piece of formally verified code that they’ve had. “The update won’t be taking much longer, I’d say a few more weeks and hopefully we should have the update 1.4 release by end of November or early December. And it’s the most significant update we’ve ever made to the Cardano ecosystem,” he stated.
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