Technology

Crypto: Cardano (ADA) and its new smart contracts

In about 6 months, the number of smart contracts on the open source Cardano (ADA) blockchain has tripled. In addition, Cardano is expected to launch a JavaScript implementation as well as dApps for iOS and Android. At the same time, the Swiss bank began offering ADA staking to institutional investors.

The Cardano (ADA) Ecosystem Continues to Grow

The bear market does not hinder the development of the Cardano (ADA) ecosystem. As proof, the number of smart contracts supported by the blockchain recently crossed the 3,000 mark. There are currently exactly 3,014 smart contracts on the network, while there were only 1,000 in February 2022. At the same time, several developers are working to make Cardano (ADA) compatible with the JavaScript programming language.

The goal is to succeed in creating a connection between the ecosystem and all the browsers in the world. Similarly, Cardano intends to soon offer decentralized applications (dApps) that can run on iOS and Android. Users will soon be able to start sending and receiving ADA on their smartphones using Flint Wallet.

On this occasion, Sebastian Guillemot, CTO and co-founder of dcSpark, said: “The dApp browser is now available for iOS. Compatible with all dApps on Cardano! No developer settings are required. Our new fast backend is almost ready too! Android is in preparation. “.

In addition, the Cardano (ADA) blockchain is increasingly being used around the world. For example, earlier this month Swiss bank Sygnum Bank said it would now offer ADA staking. This new service will allow institutions to safely invest in the Cardano marketplace.

Amid all this good news about activity in the Cardano (ADA) ecosystem, there is some bad news as well. Indeed, the network recently announced another postponement of the Vasil hard fork, which is nonetheless a long-awaited one.

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