, IOHK shared statistics regarding network growth in a chart provided. Currently, 925 projects are being built on Cardano, up from 917 previously. Fifty projects have recently launched on Cardano, while the number of NFT projects is at 5,441. Github connects also totaled 2,995, while Cardano native tokens stood at 4.5 million. The number of wallets holding the ADA token recently surpassed the 3.6 million count.
Despite the developments, Cardano did suffer a significant backlash. One of the most common criticisms has to be its comparison to a"ghost chain." Overall, the Cardano blockchain might be said to have evolved significantly, with a Santiment report indicating that Cardano was the most developed cryptocurrency network on Github in 2021.
A critical parameter change took place last week, in which block size was increased from 80KB to 88KB to allow for more transactions and scripts in a single block. Cardano and its Plutus smart contract platform are also set to undergo a major update in June, dubbed the"Vasil hard fork."Despite this, Cardano participants and the community as a whole are not relenting on Cardano's wider adoption.
Along these lines, Input-Output Global plans to release a new permissionless EVM sidechain this year. This sidechain aims to make it possible for Cardano developers to write Solidity smart contracts and create EVM-compatible dApps and ERC20-compatible tokens.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »