- IOHK and MELD are working collectively to resolve a difficulty on the testnet.
- MELD is delaying the mainnet launch to maintain consumer property protected.
- IOHK states that it’s dedicated to supporting DApp and DeFi initiatives constructing on Cardano.
Analysis and growth agency Blockchain Enter Output Hong Kong (IOHK) has introduced a collaboration with MELD, a DeFi protocol primarily based on the Cardano blockchain, to handle a difficulty affecting the processing of Cardano transactions on the pre-prod testnet.
We’re working intently with the MELD crew on an answer to the problem at the moment affecting the processing of Cardano transactions on the pre-prod testnet. We admire MELD bringing this matter to our consideration. https://t.co/rkkHc1FcR5
— Enter Output (@InputOutputHK) April 6, 2023
In a tweet, IOHK stated it was working intently with the MELD crew to discover a answer to the problem and appreciated that MELD introduced it to their consideration. The collaboration comes after MELD recognized the issue throughout an in-depth safety evaluation of its blockchain lending and borrowing protocol.
MELD beforehand delayed launching its protocol on the mainnet till the problem was resolved to make sure the security of consumer property. Moreover, MELD has confirmed that it’s collaborating with Enter Output World (IOG) on testing with the subsequent iteration of Node software program to raised perceive how they could collectively tackle the problem. Additionally they confirmed that they would offer additional suggestions on progress in April.
IOHK’s announcement underscores the corporate’s dedication as a Cardano associate to resolve any points which will influence the Cardano blockchain platform and its customers. IOHK expressed appreciation for MELD’s efforts to carry the matter to their consideration. MELD, for its half, additionally acknowledged the assist of IOG engineers.
The corporate added that it’s also exploring a number of quick and medium time period options for its growth or its intention to launch on Cardano. MELD additional said that it’s going to open up its sensible contracts and as soon as an answer that sufficiently mitigates the issue is in place, it’s going to make the required changes to its codebase and launch it on the mainnet.
IOHK additional said that it at all times appreciates collaborating with responsibly constructed DApp and DeFi initiatives on Cardano and can proceed to assist MELD throughout its journey in the direction of mainnet launch.
The submit IOHK Companions with MELD to Resolve Cardano Transaction Concern appeared first on Coin Version.
See the unique on CoinEdition
