Logo
Cardano Ecosystem

Elevenews

04/27/2023

·

53 views


Cardano (ADA) and DApps: A Match Made in Blockchain Heaven? - ELEVENEWS

Cardano (ADA) offers several compelling advantages for developers seeking a robust platform for their DApps. First, Cardano’s proof-of-stake consensus algorithm, Ouroboros, distinguishes it from its peers....

Cardano (ADA) and DApps: A Match Made in Blockchain Heaven? - ELEVENEWS

Cardano (ADA) offers several compelling advantages for developers seeking a robust platform for their DApps.

First, Cardano’s proof-of-stake consensus algorithm, Ouroboros, distinguishes it from its peers. This protocol enables secure and efficient transaction processing, addressing the scalability issues that often plague blockchain networks. Cardano’s capability to handle a high volume of transactions simultaneously without compromising security is a significant advantage for DApp developers aiming for user-friendly applications.

Second, Cardano is built on a layered architecture that separates the ledger of account values from the reason why values are moved from one account to the other. This offers developers greater flexibility and enhanced security compared to other platforms where smart contracts and transactions are bundled together.

Third, Cardano’s smart contract platform, Plutus, is designed with high precision and offers strong security guarantees. Developers can craft contracts with more assurance that they will behave as intended, reducing the risk of costly bugs and exploits.

Fourth, Cardano places a strong emphasis on peer-reviewed research. Every upgrade and feature is rigorously tested and scrutinized, contributing to a robust and reliable platform. This scientific rigor can inspire confidence among DApp developers about the platform’s long-term viability.

Lastly, Cardano has a strong and engaged community. Developers can find ample resources, tools, and community support to assist them in their DApp development journey. Additionally, the Cardano Foundation’s commitment to building partnerships across academia, industry, and government sectors bodes well for the platform’s future growth and acceptance.

Input Output Global (IOG), the organization behind Cardano’s research and development, recently shared its weekly development report for the week ending on Friday, April 21, 2023.

The report unveiled a striking infographic that captured the ecosystem’s remarkable growth and achievements. The platform has seen the launch of 124 projects, the creation of over 8.15 million native tokens, and 7,783 Plutus scripts in action. Additionally, 1,227 projects are actively building on Cardano, while the network has processed an impressive 65 million transactions.

News Source

AD

NotifyLog - One stop tool for events tracking and analytics

NotifyLog is a powerful tool for events tracking and analytics. It helps you to track events from your website, mobile app, and server.CREATE YOUR FREE ACCOUNT


Read Original Article on Elevenews

ORIGINAL SOURCE

https://elevenews.com/2023/04/27/cardano...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


NotifyLog - One stop tool for events tracking and analytics

More from Elevenews

See more
Here's Why Cardano (ADA) Tokens Are Different from Other Blockchains' - ELEVENEWS
Elevenews
Here's Why Cardano (ADA) Tokens Are Different from Other Blockchains' - ELEVENEWS

last Friday at 11:50 AM

·

11 views

Related News

See more
WingRiders Governance Token

Featured News

See more
WingRiders Governance Token



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)
NotifyLog - One stop tool for events tracking and analytics