The Cardano network had faced several congestion issues last month when major decentralized applications (dApps) had rolled out on the network. However, it has since shown accelerated efforts towards fixing these scalability issues. It recently revealed a roadmap that is “focused on performance optimization and scalability”. And, it appears to be moving on time, with the February release launching on the network earlier today.
The updates in the February release include the addition of multi-signature of transactions in incremental stages, which allows two parties to sign a transaction at different times rather than together. Node users will also be able to accurately estimate the cost of running a Plutus script, which is supposed to aid in the on-chain execution of smart contracts.
These optimization features are being launched as release deployments, which “groups new features for our technology stack into more manageable periodic releases”, a blog post by Cardano’s development arm IOHK noted. This grouping strategy is aimed at increasing the predictability of the network so that companies can prepare themselves according to the upgrades, it further added.
The February release is the first of three major code drops set to be released over 2022, and are aimed at upgrading the core network. The other two will be set around June and October, which will also feature hard fork combinator (HFC) events, revealed IOHK, adding.
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