All Cardano investors and the community will remember this Valentine’s Day. According to reports, the SECP (Cardano’s Valentine upgrade) will go live on the mainnet February 14. It aims to facilitate cross-chain dApp development using the Plutus platform and advance the network’s goal of blockchain interoperability.
Tim Harrison, Input Output’s VP of community & ecosystem, shared more details about the upgrade via his Twitter handle.

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“February 14th #Cardano #Valentine @InputOutputHK
More on the upcoming upgrade here: https://essentialcardano.io/article/what-i”
– Tim Harrison, @timbharrison
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Milestones of SECP and Cardano
Many blockchains, such as Bitcoin, Ethereum, and Binance Coin, use SECP or SECP256k1 to implement public-key cryptography. To validate transaction signatures, it uses a key pair (public/private keys). The Cardano network will be able to enable multi-chain communications, which will allow DeFi developers to build unilaterally scalable Dapps.
While the Cardano team works hard to achieve its other technological advancement goals. The layer-1 blockchain executed over 5,000 smart contract on the network and was placed second in its GitHub Development activity.
Cardano price to rise?

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This upgrade will likely have an overall impact on the Cardano market. However, the ADA price is currently trading at $0.3606, down 6.8% in the last 24 hours and 10.31% over the week.
Also read: Cardano News – ADA Coin Sees Sudden Interest From Crypto Whales; Time to Buy?
Disclaimer: This article does not contain investment advice. The purpose of “Cardano Valentine Update Approaches; Price Rally On the Way?” is to inform and provide information about the latest trends in the crypto space. Anyone who plans to invest in crypto assets needs independent financial and professional advice.

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The content presented may contain the author’s personal opinion and is subject to market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.

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