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Curated news from the Algorand ecosystem

Developer

ARC-0072 defines a base specification for smart contract non-fungible tokens on Algorand

ARC-0072 is a base specification for non-fungible tokens implemented as smart contracts on Algorand. The standard carries a living status, meaning it remains open to updates.

As a living standard, ARC-0072 can evolve as the ecosystem and its contracts develop. It provides a shared foundation that smart contract NFT implementations can follow, distinct from the earlier ARC-0003 specification which targets the built-in asset models.

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Developer
ARC-32 defines a standard for describing Algorand applications

The ARC-32 specification provides a method for describing an application so that application clients can fully understand its data and structure.

Developer
ARC-25 finalized, defining the WalletConnect v1 API interface for Dapps and wallets

The ARC-25 standard establishes an interface for decentralized applications (Dapps) and wallets to communicate using the WalletConnect protocol. The specification is marked as final.

Protocol Release
Algorand mainnet and testnet update to protocol version 3.9.2 with state proofs and 5 MiB block size

The Algorand mainnet and testnet have updated to version 3.9.2, a consensus protocol upgrade that introduces state proofs, increases the maximum block size to 5MiB, and implements AVM v7.