Let’s start this weekly update with a non-technical achievement; on top of this, the achievement was not even done by us but by you, our community. Due to having to realize our delay on the testnet (and probably also mainnet) and also our raising (own) frustration, you honestly made our week by speaking out loud […]
Matthias
Good Morning Friends, Cardax News. I’m going to start by addressing the elephant in the room. We had planned to launch our public test net this week (12/04/22), and unfortunately, this had had to be postponed. We have had no problems, no bugs and no major issues, things have just taken longer to get done […]
Paul Fulbrook
So we are there: On Monday the code will freeze and then, after a two-week audit preparation phase of Tweag, the auditing of our Plutarch on-chain code will start. These are exiting news, since that means the on-chain functionality, the most crucial code, is finished.Beside the findings which our auditor Tweag, our internal auditor [...]
Matthias
This article is part of the “Cardax benchmark series“. Cardax DEX and SundaeSwap are both Automated Market Maker (AMM) based Decentralized Exchanges (DEX). In contrast to an order book based DEX, where the exchange of assets is supported by matching traders’ buy and sell orders, an AMM based DEX uses liquidity pools, a [...]
Xian
Good Morning Friends, I hope you’ve all had a great weekend, we’ve got a lot to talk about this week. Well, what an exciting week it has been, both in the general Cardano ecosystem and within Cardax HQ. Let’s dive straight in shall we? General Cardano Ecosystem Update. We’ll start with the obvious news. In [...]
Paul Fulbrook
Due to a heavy effort, now every smart contract (validator) is now written in Plutarch. This is a big milestone which makes us outstanding: Cardax DEX will be the first all-in-Plutarch dApp on Cardano (the long awaited metrics about expected performance are around the corner). As described last week, we changed the agenda for the [...]
Matthias
Good Morning Friends, General Cardano Ecosystem Update. Team Work Makes the Dream Work! Anyone following the Cardano ecosystem over the last week will have heard about both the great launch of Minswap and the vulnerability that was discovered (and fixed) in their code. What we all need to remember is, that while the Cardano blockchain [...]
Paul Fulbrook
This week, we had some unexpected detours to take: The rewriting of the PlutuxTx validators to Plutarch was progressing slower than expected. Nevertheless, the heavy lifting of the biggest and most important validator, the PoolListValidator is almost done. We faced also some struggles with plutip, our integration test tool. But also here [...]
Matthias
Good Morning Friends, I hope you are all well. We have lots to talk about today, so let’s dive straight in! General Cardano Ecosystem Update. Cardano NOT launching a token burn mechanism You may have seen in the crypto news last week headlines alluding to Cardano may launch a token burn mechanism soon. This is […]
Paul Fulbrook
During this week we are still heavily focused on the audit which will start on the 28th of March with Tweag.So far, all signals are still green for the audit date. This means that the work done this week was heavily focused on improving the spec so that the auditors will have a very founded […]
Matthias
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