Now Cardano users will be able to transfer ADA tokens to multiple addresses at once.

Cardano is an 8th-ranked crypto project by 24 hours global trade volume of its native token. The initial aim of this crypto project is to make blockchain technology highly efficient and suitable for big businesses to use the crypto network in payment methods. The developer team behind Cardano blockchain doesn’t work on behalf of the current trend, instead focuses to make Cardano blockchain a reliable and efficient blockchain network.

Typhon wallet is a dedicated Crypto wallet for Cardano lovers. In this wallet, users can Stake ADA, send & receive NFT, and much more. 

On 27 June, Typhon wallet released a 2.2.0 upgrade to allow the users to send ADA tokens to multiple Cardano addresses with a single click. 

It is worth noting that here this feature will not be helpful for those Cardano lovers, who remain in their own needs and trade activities but surely it will be helpful for those people, who use Cardano as a salary payment for multiple users. In short, this feature will allow high-scale Cardano blockchain user crypto companies to make efficient transactions.

Through this feature, transaction fees will be applicable near to double over usual fees but not will be high like the case of the Bitcoin network.

A user also asked for the fees system, then the Typhon wallet team replied and confirmed that it will be beneficial for this feature users significantly.

Cardano Vasil Hardfork

At present, the whole developer team behind Cardano blockchain is busy testing the ready code to introduce an upgrade in the Cardano Blockchain, which will be named Vasil Hardfork.

Vasil Hardfork was scheduled to take place by the end of this month but some panic among the mind of the Cardano developer team forced us to reschedule the Hardfork.

During a video session on YouTube, Cardano founder Charles Hoskinson said that they rescheduled the Hardfork event to get more time to find bugs on the test net, so that upgrade can go more smoothly.

Read also: Morocco is in talk with IMF for its crypto regulation framework development



Source link

Author

Comments are closed.