- Cardano builder reveals focus on growth
- Cardano hard fork upgrade
In a recent tweet, Cardano founder Charles Hoskinson praises the potential of Artificial Intelligence (AI), describing it as magic. “AI is magic,” Hoskinson wrote.
This view is not far-fetched, as the Cardano founder believes in the potential of blockchain to complement AI.
Early this year, Hoskinson unveiled Logan — the Exit Liquidity Lobster, an AI agent. Logan the Exit Liquidity Lobster is an AI bot designed for round-the-clock Cardano content posting on Moltbook.
HOT Stories
Treasury Secretary Bessent Urges Congress To Pass Major Crypto Bill
Ripple Veteran: Satoshi’s Bitcoin Keys Are Lost Forever
In an update in February, Hoskinson revealed that he was making the bot aware of Cardano projects. This meant expanding the tool so it can track or integrate with projects built on the Cardano blockchain.
Cardano builder reveals focus on growth
At this start of the week, Cardano developer Input Output Group revealed a shift in strategy to prioritize Cardano’s growth.
In a tweet on April 7, Input Output Group revealed it was changing course to prioritize Cardano’s growth. In this light, it is ceasing development on Acropolis to focus on chain abstraction and canceling tiered pricing to align with the Leios roadmap. This decision returns 4.1 million ADA to the Treasury, saying it was allocating resources where they deliver the most value for the community.
The tiered pricing mechanism was initially designed to manage network traffic. However, the upcoming Leios upgrade changes the very foundation of how Cardano handles transactions.
Cardano hard fork upgrade
The Cardano van Rossem hard fork saw a potential setback in the past week, as a performance and memory issue was detected in the recent 10.7.0 prerelease.
According to Intersect, the performance and testing team identified a possible cause for the performance and memory issue in the 10.7.0 prerelease. Therefore, the 10.7.0 prerelease will not be promoted to a mainnet-ready release.
A 10.7.1 release is now being prepared to include fixes for this issue and an issue in consensus that is causing occasional failures.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MicroStrategy Proposes Semi-Monthly Dividends for STRC to Improve Liquidity and Stabilize Stock Price
MicroStrategy has proposed changing its STRC preferred stock dividends from monthly to semi-monthly to enhance liquidity and stabilize stock prices, maintaining an 11.5% annual yield. Concerns about this structure have been raised by Bitcoin critic Peter Schiff.
GateNews1h ago
Pi Network Launches First Smart Contract Feature on Testnet, Enabling Subscription Payments
Pi Network has launched its first Smart Contract feature on Testnet, enabling users to set up automatic subscription payments while maintaining control of their funds. This marks a shift toward ecosystem utility and lays the groundwork for potential mainnet deployment.
GateNews2h ago
Topnod Self-Custody Wallet Becomes Official Partner of Layer1 Blockchain Pharos
Topnod has partnered with Layer1 blockchain Pharos, providing a user-friendly self-custody wallet that simplifies access to real-world assets. It will support Pharos's airdrop activities and facilitate the distribution of RWA assets on the Pharos chain.
GateNews6h ago
Buck Protocol Announces Closure, Holders to Receive Full Redemption
The Buck protocol announced an immediate shutdown, ensuring holders receive 100% capital returns with fully backed reserves. A redemption window has opened with no time limit for asset retrieval.
GateNews7h ago
XRP Evolves From Bridge Asset to DeFi Collateral, Says Evernorth CEO
Evernorth CEO Asheesh Birla is shifting XRP's role from a settlement tool to a productive asset in decentralized finance, focusing on capital efficiency. The company aims to activate dormant capital through initiatives like native XRP lending, positioning XRP as a key player in credit markets.
CryptoFrontier11h ago
Sui Launches USDsui Stablecoin Across DeFi Ecosystem
Sui has launched USDsui, a stablecoin integrated into its DeFi ecosystem for trading, lending, and application development, enhancing liquidity and supporting developers in building efficient financial tools.
GateNews17h ago
