The Cardano Foundation has recently announced a new Java-based data provisioning tool to enhance developers’ experience building applications on the Cardano blockchain.
“The framework will be released under an open source license to equip developers and partners with an additional tool for chain indexing, increasing the diversity of the Cardano developer ecosystem,” the statement noted.
Cardano Project Led By Engineering Team
The Cardano foundation recently announced in a blog post that its engineering department is taking the lead in developing a provisioning tool to enhance access to data on the Cardano blockchain.
“The Cardano Foundation’s Engineering Team has recently taken on the work of developing a Java-based data provisioning tool called Ledger Sync, which gives access to Cardano blockchain data.”
Learn more: How To Mine Cardano and Earn More Coins
According to the statement, a common issue encountered by numerous blockchain-based systems is the inefficient retrieval of data in a random access manner. This problem arises due to the storage organization, which typically follows a linked list format.
Improving Access to Cardano Information
It explains that up until now, to access the transactions stored in block number 200 on Cardano, an application would have to iterate over the first 199 blocks before reaching the block that contains the desired information.
Furthermore, if a blockchain network continuously expands, this approach becomes infeasible.
“Cardano, for instance, currently has more than 9.5 million blocks minted on mainnet.”
At the time of publication, Cardano (ADA) price stands at $0.37.
Meanwhile, this comes amid Cardano’s price scaling the $0.35 resistance for the first time in 85 days. BeInCrypto pointed out recently that Cardano whales sprang into action in late October, buying up 80 million ADA within the last 10 days.
Learn more: How To Stake Cardano (ADA)
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.
Credit: Source link
