Cardano’s weekly development update has interesting insights for traders

ambcrypto.com:

Cardano’s [ADA] development activity took a back seat for the majority of last week as it went sideways. However, the graph managed to register a spike on 16 March, after which it once again declined. 

Source: Santiment

Well, it’s important to notice that Cardano recently posted its weekly development report. Therein, it was found that developers were working on a few projects that could help the ecosystem in scalability and security. No wonder why the development activity noted a brief spike on 16 March.

Check out this week’s development update on #EssentialCardano and stay abreast of all the latest developments in core technology, wallets and services, smart contracts, and scaling and governance. https://t.co/nH0oRj86dC

— Input Output (@InputOutputHK) March 17, 2023

Read Cardano’s Price Prediction 2023-24

As per the report, Lace desktop development was still ongoing, the team enhanced the error handling of CIP-30 DApps activities and also corrected issues with signing CIP-30 transactions with hardware wallets.

The Plutus team continued to work on the Marconi MVP and established a separate repository for it while also reviewing and implementing Marconi notifications.

Cardano ’s Hydra team addressed issues with committing complex UTXOs into a Hydra head and prepared the Hydra node to support the mainnet.

However, the Marlowe team made significant improvements to the golden tests for the Marlowe validator to make them more comprehensive.

In addition to that, the Mithril team completed the final milestones required to make the Mithril beta version available on the mainnet.

With the first adaptation of the stake pool store, the team issued a new 2310.0