The development of smart contracts continues to grow, with the number of active Plutus scripts and Eiken scripts reaching 138,544, indicating a growth of 0.14% from last week. Governance participation has reached a new record level, with the number of DRep representatives at 1,365, of which 972 are active. Developer contributions remain high, with the number of commits on GitHub at 210, a 24% increase from last week.
Cardano is preparing for a hard fork within the era
In its latest report, Input Output revealed that preparations have begun for the hard fork within the era later this year.
After careful study, the Cardano accounting team has spent the last four weeks updating the database, reducing technical debt, and preparing for the expected hard fork. Significant focus has been placed on CDDL improvements, resulting in enhanced readability and fixing old bugs dating back to the Byron era. Additionally, another bug has been fixed in preparation for the hard fork, and preliminary work on nested transactions is currently underway.
In the coming days, major improvements to the Cardano node are expected as the network moves towards a more diverse and scalable ecosystem design, enhancing stability and scalability. These improvements include log-structured merge trees (LSM) to improve memory efficiency, adjusted incentives for staking pools to enhance diversity, anti-fragmentation measures to strengthen the consensus layer, and tiered pricing for expected transactions.
