News

Curated news from the Algorand ecosystem

Protocol Release

Algorand MainNet and TestNet updated to Go-Algorand 3.19.0

Algorand updated both its MainNet and TestNet to Go-Algorand version 3.19.0. The release adds support for hot and cold data directories, improves simulation endpoints, and speeds up private network startups through pre-generated keys. It also includes API enhancements and bug fixes. The update does not contain a consensus upgrade.

The release was announced on 25 October 2023 through the Algorand forum.

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Protocol
ARC-055 finalized, standardizing on-chain multisig storage and transfers

The Algorand Standard community has finalized ARC-055, a protocol that allows smart contracts to store transactions and signatures to simplify multisignature processes.

xGov Protocol
xGov-31 adds arbitrary decimal precision to the Algorand Virtual Machine

A new xGov proposal seeks to expand the capabilities of the Algorand Virtual Machine (AVM) by adding opcodes for exponential, logarithmic, and power functions. The change would introduce decimal float types to allow for more complex mathematical and financial applications, such as smart treasuries, that require high-precision calculations.

Protocol
ARC-200 defines a base interface for smart contract tokens on Algorand

The ARC-200 specification provides a base interface for tokens that function as smart contracts. This is a living standard track in the Algorand Research and Core (ARC) documentation.