News

Curated news from the Algorand ecosystem

Protocol Release

Algorand updates MainNet and TestNet to Go-Algorand 3.20.1

On 7 December 2023, the Algorand protocol updated both MainNet and TestNet to version 3.20.1. The release introduces a new endpoint for generating participation keys, network optimizations, improvements to catchup behavior, an applications rate limiter, and a change to how crash and state proof databases are stored.

The update was published to the Algorand Foundation's forum as a protocol announcement.

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Protocol Release
Algorand MainNet and TestNet updated to Go-Algorand 3.19.0

Algorand has updated its MainNet and TestNet to version 3.19.0, introducing support for hot and cold data directories, improved simulation endpoints, and faster private network startups via pre-generated keys. This release includes various API enhancements and bug fixes but does not contain a consensus upgrade.

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.