App now supports smart contracts
Cryptocurrency hardware wallet provider register shared the news that version 4.0.0 of the Cardano app is now available in Ledger Live.
The app now supports smart contracts, which is one of its new features. This implies that users will be able to interact with smart contracts straight from the Cardano app.
Founder of Cardan Charles Hoskinson shares this good news while congratulating Ledger for his excellent work.
Cardano’s network update, Alonzo, in September 2021 ushered in smart contract functionality. The creation and deployment of smart contracts, which are pieces of code that self execute when predefined conditions are met, were enabled on the Cardano mainnet.
June Cardano Upgrade
Cardano and its smart contract platform, Plutus, are set to undergo significant upgrades in the June hard fork. Founder Charles Hoskinson recently stated that the upcoming Vasil Hard Fork upgrade in June will bring a “massive performance boost to Cardano” and its smart contract capabilities.
The Vasil hard fork is scheduled for June 29, 2022, and aims to improve smart contracts capabilities and the user experience for Cardano users and developers once implemented.
In the latest network updates, IOHK developers have increased the block size by 10%, which is an 8 kilobyte increment from the current 80 kB block size. This upgrade is part of the wave of Cardano network improvements planned for this year by Cardano.
Presently, there are nearly 900 projects in development on the network. The figure has grown by roughly 400 since March after IOHK Vice President Tim Harrison shared that the total stood at around 500.
