Cardano and IOG (Input Output Global) are working together to elevate Plutus’ status. The smart contract programming language is set to receive a huge upgrade with the next Cardano update.
Set for February, the update will allow Plutus to support Schnorr and ECDSA (Elliptic Curve Digital Signature Algorithm) signatures. As two of the most popular signature schemes, Schnorr and ECDSA are used in many blockchains.
Currently, the scheduled time for the mainnet upgrade is February 14, 21:44 UTC. Similarly, IOG is trying to release the pre-production test environment on February 11, 00:00 UTC.
(By Scott Cook)