Reaching a remarkable milestone, Cardano (ADA) has recorded an astounding 90 million transactions on its network. This accomplishment comes at a critical juncture for Cardano as it is ready to roll out revolutionary updates.
Since its launch, Cardano, which is frequently praised for its strong and research-based approach to blockchain development, has gradually gained popularity among cryptocurrency enthusiasts.
The fact that Cardano has completed 90 million transactions shows how widely accepted and useful it is, as well as how well it can accommodate a wide variety of use cases and transaction kinds.
The timing of this milestone is also important since it coincides with the upcoming release of network updates that will enable new levels of innovation and functionality as Cardano continues to broaden its reach and capabilities.
https://x.com/InputOutputHK/status/1787172011531452566
The Chang update, which is scheduled for this summer, includes the deployment of the Ouroboros Genesis, one of the most eagerly awaited enhancements. Nodes may now self-bootstrap from the Cardano network as a result.
The release of Ouroboros Genesis is anticipated to mark the arrival of the last and last roadblock on the route to complete P2P node operations, according to Input Output Global (IOG).
There may be more updates coming, like as one to Plutus, the Cardano blockchain’s smart contract platform.
McCracken, Rick Some of the Cardano Plutus V3 features that will be available in 2024 were described by DIGI, a Caradano SPO. These features include enhanced performance and throughput, smart contract migration from Ethereum, efficient smart contract size, side chain bridge creation, Mithril integration, and script execution related to governance.
With these upcoming network enhancements, Cardano is well-positioned to usher in a new phase of innovation and expansion, propelling further adoption and value generation for its community and ecosystem.
