AD
AD
  • Cardano emerged as the most developed blockchain by GitHub activity in the last week. 
  •  The trend points to a very robust network even as Cardano gears up for more upgrades in 2023. 

Cardano has once again proven to not be slowing down its pace for development. The proof-of-stake (PoS) network emerged as the blockchain with the most GitHub development activity in the last week.

This is according to data pointed out by ProofofGitHub, a Twitter bot powered by Santiment. The data aggregated by the bot shows that Cardano recorded 542 notable GitHub commits. This is almost 100 more activities than the closest Polkadot and miles away from other networks, including Cosmos, and Ethereum.

Notably, the Cardano GitHub repository also saw the most development activity in the last update shared by the Twitter platform. With the trend, Cardano is on track to retain its status as the most actively developed network as it did in November.

The development activity surge is highly bullish for Cardano as it points to a robust and active network. Meanwhile, development activity is not the only indicator of Cardano’s present robustness.

In an update last week, Cardano’s parent group Input Output Global (IOG), revealed that 1,151 projects are building on Cardano while 111 projects had already launched. The network has also seen the deployment of 7.28 million native tokens.

IOG driving further development of Cardano

Much of the development activity in Cardano traces back to IOG. So far in 2022, the company has coordinated several massive upgrades to the Cardano network. These include the Vasil Hardfork, as well as several parameter upgrades to the network that preceded it.

Despite this, IOG is not resting on its laurels as it continues to release plans for further upgrades. It has been noted that 2023 will be the year Cardano fully deploys its governance mechanism as it enters the Voltaire era.

Meanwhile, IOG has also continued to publish research and educational materials to keep the Cardano community informed. Its latest think piece throws light on how Ouroboros (Cardano’s consensus mechanism) as well as Plutus, Marlowe, and Hydra handle time.

The blog posts highlighted that Ouroboros’ time handling pertains to how minted blocks are propagated to all nodes in a timely manner. Ouroboros’ time handling is unique as it features prospective determinism as opposed to other blockchains that have historical determinism.

The concept of perspective determinism means that a transaction that is yet to be added to the chain does not have a fixed effect on the chain.

Similarly, Hydra’s use cases for time include tracking the passage of time to compute and enforce the contestation deadline. Marlowe also uses time to regulate the deadlines and timeouts that constrain the execution of financial contracts. Meanwhile, Plutus uses time to track the transaction validity range defined by smart contract creators.


Recommended for you:
[thrive_leads id="228374"]
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Olivia Brooke has been writing about cryptocurrencies since 2018. She's currently fascinated by NFTs and remains committed to learning and writing about the broader cryptocurrency industry. Olivia holds a Master's degree in Economics, which has provided her with a strong analytical background to delve deeper into the economic implications and financial aspects of the cryptocurrency world. Her expertise and passion for the subject make her a valuable resource for understanding the dynamic landscape of digital assets and blockchain technology. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

Exit mobile version