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HomeBlockchain NewsCardano-based smart contracts surpass the 3,000 mark for the first time

Cardano-based smart contracts surpass the 3,000 mark for the first time

The Cardano (ADA) network had a significant update in September 2021, which included the incorporation of smart contract functionality, making the blockchain capable of faster scalability and performance.

The Carfano creator noted things are moving in the right direction ‘steadily and systematically.’

“We’re kind of in the final stages of testing in that respect. So unless anything new is discovered, I don’t anticipate that we’ll have any further delays.”

He added that only a few ‘edge situations’ need to be fixed, and the Cardano team will hopefully be ready to deliver an update with more news around the middle of August.

Finally, Finbold reported on August 2 that the world’s first digital asset bank Sygnum Bank revealed that now their ‘clients can conveniently and securely stake Cardano’ through the bank’s institutional-grade platform ‘to generate staking rewards.’

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