– Cardano (ADA) has launched its SECP upgrade, which will increase interoperability and secure cross-chain development.
– The upgrade caused a mild positive response from the community on Crypto Twitter, with ADA prices rising 9.78%.
– Community members have expressed positivity about the upgrade but yet to share any critiques.
Cardano (ADA) Launches SECP Upgrade
Cardano has launched its SECP network upgrade, also known as the Valentine’s upgrade, enabling developers to use a broader range of multi-signature or threshold signature designs native to Cardano for creating cross-chain dApps that are secure, reliable and cost effective. The launch of the Valentine’s upgrade caused a mild positive response from the community on Crypto Twitter, with ADA prices rising 9.78%.
Positive Sentiment Among Community
Community members on Crypto Twitter have expressed scattered opinions about the SECP launch with positivity so far voiced by one user who shared: I dig it 💪🏼 pic.twitter.com/6l4aysXmQW— BG⭕42 (@BG4216). Thus far no critques in response to the upgrade have been shared.
Price Increase After Upgrade Launch
The price of ADA increased by 9.78% after the launch of the Valentine’s upgrade from its one month low of $0.33 recorded on January 18th trading at $0.38 at time of writing following implementation of SECP and reaching a peak of $0.39 in value on February 14th indicating mild positive sentiment among community in light of this update.
Developer Numbers Soar Following Upgrade
Following launch of SECP developer numbers on Cardano have been soaring with system providing interoperability for cross-chain dApp development enabling developers to easily create these applications with enhanced security and reliability as well as cost effectiveness due to new cryptographic primitives allowing broader range of multi-signature or threshold signature designs native to Cardano being available for use now thanks to this update .
Despite other notable developments in ecosystem leading up to this anticipated SECP network upgrade not eliciting overly enthusiastic response from crypto twitter community prior reaction post launch was relatively positive overall with price rises being seen upon implementation clearly indicating that love is indeed in air as Cardano enjoys much deserved recognition after successful activation Valentine’s Day Upgrade