Here’s How Cardano Network Has Changed Since Vasil: Details

Cardano

More developments coming to Cardano dApps

The Vasil update was rolled out on the Cardano mainnet on 22 September, while the full capabilities were deployed on 27 September.

A comparison between the current network statistics and those before the Vasil update (Sept. 16, precisely) indicates some changes to the network in terms of growth.

Currently, 102 out of 98 projects have been launched on Cardano, meaning three new projects have been launched in the weeks since Vasil. Cardano’s native tokens have now grown from 6.1 million to 6.4 million. Token policies have increased from 61,664 to 63,064.

The number of Plutus scripts has jumped from 3,233 at the time to the current 3,474. The number of transactions grew from over 50 million to 51.8 million, implying an increase of 1.8 million. The number of projects building has grown from 1,100 to 1,120, indicating that 20 more projects have started building on Cardano in the weeks since Vasil’s launch.

As Cardano Founder, More Developments Coming to Cardano DApp Charles Hoskinson A tweet in response to SundaeSwap’s Hydra demo stated that “Hydra is coming to Cardano One DApp at a time”.

Cardano decentralized exchange (DEX) SundaeSwap has disclosed a successful demo test of the Cardano scaling solution, Hydra, which it says represents a major leap for its scaling journey and Cardano as well.

Cardano Z nears launch

Djed, the algorithmic stablecoin created by Cardano and the COTI network, is now in the process of being phased out. As U.Today reports, the Djed team has previously stated that it is looking forward to the Vasil upgrade that will allow the scalability needed to securely run the stablecoin on the mainnet.

Now that Vasil has successfully launched, one major thing left, according to the team, is the final audit results, which will see if any critical issues are discovered.

If there are no issues, the Djed team says it will go ahead and deploy the stablecoin on the mainnet. According to a new update from COTI CEO Shahaf Bar-Geffen, the final audit report for the Djed stablecoin is scheduled for the end of November.

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