Cardano [ADA]: Long-Awaited V1.2 Update Released – ADA Soars 13%

Cardano [ADA]

Cardano [ADA] – The Cardano team has just released their update of Cardano v1.2. Charles Hoskinson, CEO of Cardano, made the announcement via personal Twitter about 19 hours ago.

Since the release, ADA has jumped up in price and is trading at $0.205 a coin, up 13%, within the last 24 hours.

There have been quite a lot of changes added to this update and they include:

  • The execution of benchmarking tools for the wallet V0 API
  • Asynchronous restoration of a wallet [CBR-90]
  • Filtering out and sorting out the capabilities of the wallet V1 API [CBR-20]
  • Implementation of the new V1 API endpoints [CBR-16]
  • Solved the balance discrepancy by Bittrex [CBR-135]
  • Exchanges require endpoints added to V1 API [CBR-103]

You can view Hoskinson’s full update in the video below. Cardano’s roadmap gives a transparent and real-time progress.

The community supporting Cardano has been anxiously awaiting this upgrade. There were bugs fixed in the system, as well as the Daedalus issue that stuck users at the ‘connecting to network’ screen.

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Shots Fired

There has been a long-standing feud between the Cardano CEO and CoinDesk. He has tweeted several instances in which other alternative coins have been published on the site, but have yet to mention his project, Cardano.

CoinDesk was one of the very first cryptocurrencies sites, that was established back in 2013. It is rather ridiculous that they have yet to publish something about the project, seeing as it is the seventh largest cryptocurrency by market cap.

Charles wasn’t done there though, next he moved on to calling out EOS – more specifically, Dan Lariner.

The Twitter account, @cnLedger, tweeted about the Chinese internet security giant 360 finding significant bugs in the EOS platform and Hoskinson felt it was necessary to re-tweet them all.

The vulnerabilities have now been taken care of on EOS, but it was quite funny that he stirred up that pot again.

Still, Hoskinson is looking ahead and has concluded his daily tweets by saying:

Featured Image: Soul

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