Cardano [ADA]: Long-Awaited V1.2 Update Released

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.

Cardano 1.2 is out! pic.twitter.com/nVzs60wLCp^[1]

— Charles Hoskinson (@IOHK_Charles) May 29, 2018^[2]

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.

cardano update https://t.co/SomtKaCzzQ^[3]

— Charles Hoskinson (@IOHK_Charles) May 24, 2018^[4]

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.

>> TRX & ADA Coin Update^[5]

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.

Nope. Never going to happen. Maybe if vitalik tweeted about it https://t.co/ZOnN7RWjAo^[6]

— Charles Hoskinson (@IOHK_Charles) May 29, 2018^[7]

CoinDesk was one of