We have just decreased network fees on JPG Store by 50% β
How did we achieve this?
We upgraded to Plutus V2, allowing for smaller transaction sizes, which mean smaller fees when interacting with our new contract π₯
Power of Vasil! π₯
We are close to launching our Plutus v2 scripts. Here are some amazing benchmarks showing the upgrade (combining our Orderbook with Liquidity Pools)
Plutus v1 Transaction
Size: 14.73 kB
Fee: 1.44 $ADA
Plutus v2 Transaction
Size: 1.31 kB
Fee: 0.73 $ADA
.@artano__io, a Cardano-based #NFT project, recently published a blog sharing their findings from extensive testing. When utilizing #Plutus v2, they saw a 90%+ decrease in script size & a corresponding cost reduction of over 75%.
Read more: bit.ly/3pJMT8u
I heard you like v2:
π 50% less tx size
π reference scripts
π lower fees
π secret features that are going to blow your mind
Try to guess what's doing this transaction, powered by #Cardano Vasil
P.s. thanks @berry_ales for lucid π, let us know wen you are back
#DeFi
Hi Matthew, Trezor should work with Plutus v2 smart contracts. There was no user action needed. It should work with the current firmwareβοΈ
Hi! You can install Cardano v5 app after turning on developer mode in Ledger Live (Settings > Experimental Features > Developer mode). This will allow you to make Plutus v2 smart contract transactions while connected to a third party wallet for Cardano. More to come soon!
We implemented Trezor Plutus v2 support this week and will release Eternl v1.9.6 probably tomorrow.