Cardano Team Adds Token Minting And Burning Features On Transactions Workflow

The Cardano team is among the several in the blockchain sphere that have consistently published updates on the progress that it has made and has been making on its roadmap.
The team has been working on several features to make the Daedalus wallet more user-friendly and efficient, while advancing the Cardano vision.

According to a status update released by the team on the Cardano Roadmap, the Cardano developers are fine-tuning features that would make it possible for developers to mint and burn tokens on the Cardano network.

Use of Emulators in Daedalus

The feature is in addition to others that has been built into the Daedalus. This includes the automation of the testing of hardware wallets. This was done through the elimination of human interaction through the use of emulators.

According to the update, procedures employed to handle errors that existed in the production have been fixed. The team was able to export the public key from a hardware wallet.
The release stated other accomplishments of the team. These include a redesign of its DB layer and an addition of a light mode version of the wallet.

The release also said that the Cardano team is working on the improvement of the ouroboros-network, to which it has added the file. The simplification of the integration of the Cardado node has been made possible through the TCPInfo, which is a platform independent tracepoint.

Further progress recorded by the team includes the implementation of the MonadFix. Shelly transactions errors were successfully reproduced, giving the team an insight on how to prevent future occurrence.

Hydra Roadmap Progress

The release further stated that the Hydra team is working on its roadmap. A new website to update the community, together with manuals, API references and core concepts will be prevented. Also not left out is the token minting and burning in a token compliant Hydra head.

Meanwhile the ADA is currently trading at $0.895, up by 5.23%. The coin is in an uptrend even though it traded in a tight range in the past few days. Since it has been consolidating for some time, we should expect an upswing in the coming days.

Author: Jinka Kamma

Jinka Kamma is passionate about the prospects of blockchain and the freedom cryptocurrencies afford people across borders. He holds small amounts of bitcoin and tether.