JAKARTA - Global Output Input (IOG), the entity responsible for developing the Cardano blockchain, will reportedly make improvements on February 14, 2023, Valentine's Day. The goal is to provide a better environment for cross-chain or cross-chain app developers.
The addition of a new feature to Cardano will increase the level of security for developers. In accordance with reality, the upgrade will be made on Valentine's Day 2023. Although developer activity around blockchain is very high, it remains to be seen whether this increase will be effective in influencing ADA price increases.
Since December 2021, Cardano has become one of the highest blockchains on GitHub and has the highest developer activity compared to other major blockchains. This makes the ADA community hope cryptocurrency prices will increase.
Cardano developers will get additional support for developers of Plutus decentralized apps (DApp). Developers also say that most projects will not be affected by this upgrade.
"To make it easier for developers to build cross-chain applications, Global Output Input (IOG) has added a new built-in function to Plutus to support ECDSA and Schnorr signatures. This will allow developers to use more signature designs or thresholds natively at Cardano, thus providing the highest level of security," the developer announced.
At the time of writing, ADA's cryptocurrency is trading at IDR 5,561 per coin. In the last 24 hours, ADA has decreased by 5.5 percent. Meanwhile, in the past month ADA managed to skyrocket by 45.3 percent based on Coingecko data.
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