In a recent article written by a prominent Cardano contributor Rick McCrackenThree key priorities have been highlighted for the ADA community in March 2024, and a co-signature from Charles Hoskinson himself amplifies their importance.
In a recent article written by a prominent Cardano contributor Rick McCrackenThree key priorities have been highlighted for the ADA community in March 2024, and a co-signature from Charles Hoskinson himself amplifies their importance.
McCracken’s insights shed light on critical areas that demand attention from Cardano enthusiasts and stakeholders. The most important of these is the imperative to update groups to the latest full P2P version 8.7.3. With a substantial 68% of reporting SPOs already incorporated, this patch release fixes a bug in the outgoing governor, hardening the network against potential vulnerabilities.
Another focal point highlighted by McCracken is the deployment of Mithril, a vital protocol to bolster Cardano’s defense mechanisms against potential attacks. Currently, only 15% of staked ADAs use this essential feature, and a desired adoption of 60% is considered necessary for strong network security.
Furthermore, McCracken emphasizes the imminent need to stress test SanchoNet, the test network aimed at implementing innovative governance features for the Cardano blockchain. With 23 DReps and 29 interest groups currently engaged, the highly anticipated Chang HFC event in three months underscores the urgency of rigorous stress and battle testing in the coming months.
Charles Hoskinson, co-founder of Cardano, has lent his support to McCracken’s wake-up call by sharing the article on his social media platforms. This joint support underscores the seriousness of the priorities outlined, indicating a unified commitment to strengthening Cardano’s infrastructure and ensuring its resilience in the face of evolving challenges.