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<p>Advocates of decentralization and blockchain technology are sure to welcome the formation of a new group dedicated to bolstering open-source initiatives.&nbsp;</p><p>The cause for celebration is the establishment of PRAGMA, a member-driven, non-profit association. This association comprises prominent players in the Cardano ecosystem, including the Cardano Foundation, Blink Labs, dcSpark, Sundae Labs, and TxPipe.&nbsp;</p><p>United by a common goal, these five founding entities are committed to nurturing an alternative open-source ecosystem that extends beyond Cardano to encompass other blockchain platforms. First Steps PRAGMA’s initial priority will be to bolster existing open-source initiatives within the Cardano ecosystem, with a particular focus on the Aiken and Amaru projects.&nbsp;</p><p>Aiken serves as an alt Read article: <a href="https://cexplorer.io/article/cardano-ecosystem-strengthens-with-the-launch-of-pragma">Cardano Ecosystem Strengthens With The Launch Of PRAGMA</a></p>

Cexplorer

Cardano Ecosystem Strengthens With The Launch Of PRAGMA

<p style="margin-left:0px;">This week the positive developments continue to trickle in for the Cardano Ecosystem with much buzz around recent developments and upcoming upgrades. The Cardano Foundation has announced a members based organization (MBO) that will focus on open-source software development to drive innovation within the ecosystem and improve the developer experience. This article delves into the Pragma MBO, how it can benefit the ecosystem, and more.</p><p><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>New MBO Announced</strong></h2><p style="margin-left:auto;">&nbsp;</p><p style="margin-left:0px;">On Monday, April 22nd, 2024, the Cardano Foundation announced the ecosystem’s latest initiative: a Member Based Organization named Pragma. This new MBO comprises the Cardano Foundation and collaborative teams from various software engineering firms, including Blink Labs, dcSpark, Sundae Labs, and TxPipe, all dedicated to fostering an open-source software ecosystem.</p><p style="margin-left:0px;">Pragma is committed to democratizing software development for the Cardano ecosystem, promoting collaborative innovation, transparency, and community-driven development. It seeks to provide a safe home and governance framework for blockchain software projects, emphasizing the importance of shared expertise and open-source methodologies.</p><p style="margin-left:0px;">Currently, Pragma supports significant projects like Aiken, a cutting-edge next-generation smart contract language, and Amaru, an open-source Rust node client. These initiatives aim to enhance client diversity on the Cardano blockchain and build software solutions that increase blockchain utility and adoption.</p><p style="margin-left:0px;">The organization operates collaboratively by members from multiple backgrounds in a decentralized fashion, supporting operationally independent maintainer committees with services such as intellectual property advice, backend infrastructure, and training workshops. Pragma is funded by membership fees and contributions and aims to set an example as a decentralized and transparent organization that incubates and supports blockchain software ecosystems, starting with Cardano.</p><p style="margin-left:0px;">By providing useful solutions and fostering a structure to support and incubate projects through open-source software, Pragma not only enhances the developer experience on Cardano but also aims for widespread adoption and business value within the ecosystem.</p><p><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>The Importance of Open-Source Software</strong></h2><p style="margin-left:0px;">Open-source software plays a pivotal role in the technology sector by promoting collaboration and innovation. By allowing developers to share, modify, and improve code, open-source projects accelerate technological advancements and ensure a higher level of security through community scrutiny. Additionally, they foster an inclusive environment where developers from around the world can contribute, regardless of their affiliation with any specific company. This democratic approach not only speeds up software development cycles but also helps in building robust, community-tested software solutions.</p><p><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>How Will Pragma Benefit the Cardano Ecosystem?</strong></h2><p style="margin-left:0px;">Pragma’s commitment to fostering a diverse array of open-source software directly enhances the developer experience on the Cardano platform. By providing a rich toolkit of resources and programming languages tailored to blockchain development, Pragma will enable developers to build more efficiently and innovatively.</p><p style="margin-left:0px;">This availability of varied and specialized tools not only attracts a larger pool of developers but also stimulates the creation of cutting-edge protocols and applications. As more developers engage with Cardano, leveraging these advanced tools and open-source projects, the ecosystem becomes a hotbed for innovation. This influx of technological advancements and applications is likely to attract more users, subsequently growing Cardano’s network effect. The cumulative effect of Pragma’s efforts ensures that Cardano remains at the forefront of blockchain technology, continually evolving and expanding its influence.</p><p><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>Conclusion</strong></h2><p style="margin-left:0px;">The momentum within the Cardano ecosystem shows no signs of slowing, bolstered by the recent unveiling of the Pragma MBO. This initiative highlights a deep commitment to open-source development, aimed at enhancing the developer experience and spurring innovation. As Pragma expands its range of open-source projects, it not only draws more developers but also enriches the ecosystem, strengthening Cardano’s rate of adoption.</p><p style="margin-left:0px;">You can find out more about Pragma at the following link: <a href="https://pragma.builders/"><u>https://pragma.builders/</u></a></p>

TapTools

Open Source Software MBO Launched on Cardano

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						<div><a target="_blank" href="https://www.cointrust.com/wp-content/uploads/2024/04/pragma-cardano-blockchain.jpg"><p><img src="https://www.cointrust.com/wp-content/uploads/2024/04/pragma-cardano-blockchain.jpg" alt="pragma cardano blockchain" /></p></a></div>
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								<p>The Cardano Foundation introduced PRAGMA on April 22, unveiling a strategic initiative aimed at catalyzing open-source development within the Cardano blockchain ecosystem and beyond. As a nonprofit organization, PRAGMA has forged partnerships with dcSpark, Blink Labs, TxPipe, and Sundae Labs, collectively endeavoring to establish a robust blockchain ecosystem for Cardano and other blockchain platforms.</p>
<h3>Expanding Global Presence</h3>
<p>PRAGMA has embarked on its operational journey in Zug, Switzerland, marking a significant milestone for the organization as it ventures into new territory and extends its global footprint. The establishment of a presence in Zug underscores PRAGMA’s commitment to fostering innovation and collaboration within the blockchain space on an international scale.</p>
<h3>Supporting Diverse Open-Source Projects</h3>
<p>Central to PRAGMA’s mission is the active support of a diverse array of open-source projects within its initiative. These projects, ranging from established to emerging endeavors, play a crucial role in advancing the objectives of PRAGMA. Notable examples include Aiken, a platform dedicated to the advancement of smart contracts, and Amaru, a Rust-built full node. By nurturing such projects, PRAGMA aims to cultivate a conducive environment for streamlined and efficient development within the open-source blockchain community.</p>
<h3>Advocating Open-Source Maturity</h3>
<p>Frederik Gregaard, CEO of the Cardano Foundation, expressed the organization’s commitment to advancing the open-source maturity of the Cardano ecosystem. Gregaard emphasized the Foundation’s advocacy for collaborative initiatives that enhance the diversity, quality, and quantity of blockchain solutions. Through initiatives like PRAGMA, the Cardano Foundation seeks to position Cardano as a frontrunner in the open-source blockchain community, driving expansion and innovation in the ecosystem.</p>
<blockquote>
<p>🔊Announcing PRAGMA! 🤩</p>
<p>We’re proud to be part of this member-based <a target="_blank" href="https://twitter.com/hashtag/opensource?src=hash&amp;ref_src=twsrc%5Etfw">#opensource</a> association alongside <a target="_blank" href="https://twitter.com/blinklabs_io?ref_src=twsrc%5Etfw">@blinklabs_io</a>, <a target="_blank" href="https://twitter.com/dcspark_io?ref_src=twsrc%5Etfw">@dcspark_io</a>, <a target="_blank" href="https://twitter.com/SundaeSwap?ref_src=twsrc%5Etfw">@SundaeSwap</a> &amp; <a target="_blank" href="https://twitter.com/txpipe_tools?ref_src=twsrc%5Etfw">@txpipe_tools</a></p>
<p>PRAGMA will focus on <a target="_blank" href="https://twitter.com/hashtag/blockchain?src=hash&amp;ref_src=twsrc%5Etfw">#blockchain</a> software &amp; fostering an open source ecosystem for Cardano.</p>
<p>👉<a target="_blank" href="https://t.co/FWZCak6eYX">https://t.co/FWZCak6eYX</a> <a target="_blank" href="https://t.co/vRHqqrEkkR">pic.twitter.com/vRHqqrEkkR</a></p>
<p>— Cardano Foundation (@Cardano_CF) <a target="_blank" href="https://twitter.com/Cardano_CF/status/1782390649376899197?ref_src=twsrc%5Etfw">April 22, 2024</a></p>
</blockquote>
<h3>Strategic Goals for Developer Community Expansion</h3>
<p>Aligned with the PRAGMA initiative, the Cardano ecosystem has outlined ambitious goals to expand its developer community by 2025. This strategic objective aims to broaden Cardano’s influence within the open-source blockchain community, providing developers with ample opportunities to contribute to the ecosystem’s growth and evolution.</p>
<h3>Market Performance</h3>
<p>Currently, the price of Cardano (ADA) stands at $0.503, reflecting a slight downtick of -1% over the past 24 hours. However, the cryptocurrency has demonstrated significant growth of 8.50% over the course of the past week, indicating a positive trajectory in its market performance.</p>
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Cointrust

PRAGMA: Driving Open-Source Innovation in Cardano Ecosystem

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<p>TL;DR</p>
<ul>
<li>Cardano celebrates the launch of PRAGMA, <strong>an independent open-source association</strong>, a key factor towards global scalability.</li>
<li>The aim is to <strong>foster a solid and diverse ecosystem to ensure the scalability and resilience</strong> needed in the crypto and financial market.</li>
<li>PRAGMA operates independently within the ADA community. <strong>Its initial projects, Amaru and Aiken, focus on enhancing the interoperability and functionality of Cardano.</strong><br />
<hr />
</li>
</ul>
<p><strong><a href="https://crypto-economy.com/knowing-cardano-protocol/" target="_blank">Cardano’s</a> founder, Charles Hoskinson, expressed excitement over the launch of PRAGMA, a new independent open-source association.</strong> This initiative signifies a pivotal step towards global scalability, a goal ADA aims to achieve as it aspires to become the world’s financial operating system.<span></span></p>
<p><strong>PRAGMA</strong>, formed through an alliance between the Cardano Foundation and other partners such as Blink Labs, dcSpark, Sundae Labs, and TxPipe,<strong> aims to foster a solid and diverse ecosystem</strong>. This diversity is crucial to <strong>ensure the scalability and resilience</strong> needed to establish itself globally in the crypto and financial markets.</p>
<blockquote>
<p>Multiple clients and a diverse and resilient ecosystem of open source projects and utilities are required for a global scale protocol seeking to build the financial operating system of the world. </p>
<p>I'm excited to see groups come together to start building these clients and… <a href="https://t.co/8HDuiX9Yl3" target="_blank">https://t.co/8HDuiX9Yl3</a></p>
<p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1782486474971058527?ref_src=twsrc%5Etfw" target="_blank">April 22, 2024</a></p></blockquote>
<p><strong>Hoskinson emphasized the importance of this association</strong>, stating that “multiple clients and a diverse and resilient ecosystem of open-source projects and utilities are required for a global scale protocol seeking to build the financial operating system of the world.”</p>
<p>It’s worth noting that <strong>PRAGMA operates independently within the <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank">ADA </a>community, without direct coordination with existing governmental entities such as IOHK.</strong> Hoskinson clarified that PRAGMA decided to form a completely different group and not coordinate with Intersect, another entity within the ADA ecosystem.</p>
<p><img src="https://crypto-economy.com/es//wp-content/uploads/sites/4/2024/04/ada-1.jpg" alt="cardano ada" /></p>
<h2>PRAGMA Will Enhance Cardano’s Interoperability and Functionality</h2>
<p>PRAGMA’s initial projects, Amaru and Aiken, are <strong>crucial for improving the interoperability and functionality of <a href="https://crypto-economy.com/cardano-staking/" target="_blank">Cardano</a></strong>. Amaru involves the development of a full node written in Rust, designed to operate alongside existing Haskell nodes in a fully interoperable manner. On the other hand, Aiken is a smart contract platform aimed at simplifying and enhancing the development of these contracts on the ADA network.</p>
<p>Frederik Gregaard, CEO of the Cardano Foundation, highlighted the significance of PRAGMA for the ecosystem as a whole, stating that it <strong>“represents a significant milestone on the path towards the maturity of the open-source ecosystem of Cardano</strong>, supporting collaborative initiatives that increase diversity, as well as the quality and quantity of blockchain solutions.”</p>
<p>PRAGMA plans to<strong> expand its membership to include developers</strong> within the ADA ecosystem by 2025. The long-term focus aims not only to integrate existing projects but also to stimulate<strong> the creation of new tools that can fundamentally improve the adoption and functionality of blockchain technology</strong>.</p>
<p>PRAGMA is another step for Cardano in its quest for global scalability and its goal of becoming the world’s financial operating system.</p>
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