Since April, the number of smart contracts on Cardano has steadily increased. The latest statistics suggest a 300% increase in their number at the end of November, to reach 3,791 smart contracts in total.
Smart contracts explode the Cardano counter
Sunday, November 27, finbold returned to the situation of smart contracts based on Plutus, the platform dedicated to this purpose on Cardano. The numbers actually match to data from Cardano Blockchain Insights which are to be checked in the graphs below.
Apparently, Plutus recorded 2,822 additional smart contracts, just for the year 2022. In total, this platform lists 3,791 smart contracts, knowing that they were only 947 to land there on 1er January.
At the start of the third quarter, Cardano Feed said that Plutus recorded 271 new smart contracts between April 9 and May 8. On occasion, the counter showed 2,683 smart contracts.
Matthias Fitzi explained at the time that ” the recent activation of smart contracts on Cardano has led to a significant increase in user activity [et les] average transaction sizes. To cope with this high demand, the system’s current transaction start needs to be increased. »
The most powerful blockchain of the moment?
Apparently, the Cardano team has made a whole host of improvements in this ecosystem.
Here are a few :
- increased capacity of MVP Plutus Debugger scripts;
- rolling out full Babbage support implementation in Plutus tools;
- launch of the Plutus dApp resource page for developers;
- completion of the Vasil hard fork at the end of September.
Note that the Cardano community has raised doubts regarding the impact of the Vasil upgrade on Plutus. However, the main objective of this operation is to improve the scalability of the decentralized finance (DeFi) network. Against all odds, these changes have allowed smart contracts to take root on the blockchain in large numbers.
Charles Hoskinson must be proud of the achievements of his team at the moment: imminent release of the USDA and Djed stablecoins, addition of a hundred thousand crypto wallets… With these statistics in support, his desire to remain active in the professional environment seems justified
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