Bitrabo Editorial
Cardano, recognized for its smart contract capabilities and as an alternative to Ethereum, is making significant advancements. Following the successful implementation of the awaited Chang hard fork, which signifies the beginning of the Voltaire era, its developers are swiftly resuming their efforts.
Launch of GraphQL 8.2.2 by Cardano
Cardano developers shared news on X about the release of GraphQL 8.2.2, designed to improve the experience for developers and promote the creation of decentralized applications (dapps).
This new version of GraphQL marks a continued effort to enhance the network’s performance and capabilities. It focuses on refining the query language available to developers.
The update simplifies the process for developers to query and modify data within the network. By leveraging GraphQL, developers aim to strengthen the query language’s functionalities, creating an ecosystem conducive to the development of dapps.
This update is particularly crucial as Cardano transitions into the Voltaire phase, enabling developers to deploy dapps and expand the platform’s ecosystem. The advancements in GraphQL provide a solid foundation for further protocol development and interaction with the mainnet.
Charles Hoskinson on Decentralized Governance and ADA Prices
In this context, Charles Hoskinson, the founder of Cardano, has detailed the network’s forthcoming plans for decentralization. With the Chang hard fork complete, ADA holders will now play a role in shaping the network’s development through decentralized governance.
In a video update, Hoskinson highlighted the significance of community input, with an immediate focus on drafting a formal constitution for the network.
The current phase is described as a “bootstrap phase,” anticipated to last three months, during which foundational elements of the new governance framework will be activated.
Additionally, this phase will include the registration of delegated representatives (DReps), while the interim Constitutional Committee will be organized. A portion of Cardano’s treasury funds will be transparently allocated to support this initiative.
Despite Cardano’s ongoing developments and network expansion, the price of ADA remains under pressure. Currently, ADA is showing a downtrend, having dropped nearly 60% since its peak in March. While recent innovations have taken place, holders are hoping for a price recovery now that Cardano has concluded its initial five phases of development.