When we talk about smart contracts Ethereum (ETH) was the great pioneer, then came Tron (TRX), and now developments in the Cardano (ADA) network could surpass those of the two mentioned above. Smart contracts allow the development of DApps, which are for many the next frontier in the cryptographic sector. Many developers favor an excellent smart contract development space. But the big question is why Cardano is surpassing heavyweights like Ethereum and Tron.
Cardano [ADA] advances firmly
While other platforms have developed at a frenetic pace, Cardano took a step back and relied on its scientific and research-driven approach to learn more and come up with excellent features. Through the latter coupled with its history with Ethereum, Cardano gained a following from the crypto community.
The movement online about Cardano smart contracts depicts how the latter arena has also gained a liking from not crypto enthusiasts at large. Many are impressed with development at Cardano together with also praising the leadership skills of Charles Hoskinson who’s the CEO of Cardano. He is also a former co-founder of Ethereum network.
Besides that, Cardano unique proof of stake algorithm protocol Ouroboros has enabled the system as a whole get praises from developers. In addition to that, Ouroboros consumes less power compared to Ethereum proof of stake algorithm. Ouroboros uses a peer to a peer-reviewed protocol which enables Cardano to use less power alongside being a safer proof of work algorithm.
Alongside all the above, Cardano has continued to push the development of its smart contract platform into the next level by continuing with the process of writing smart contracts. The latter developments ensure developers improve the level of operation at the Cardano network hence attracting more developers
In addition to this we have seen this week how the courses of Marlowe and Plutus came to Udemy completely free, this shows how much is encouraged in Cardano and its charge of developing it, IOHK, in that the material is openly available to any user who want to enter the Cardano world.
Furthermore, plans have been set in motion to launch Cardano debit cards soon. The debit cards will be a game changer in the sector since they will enable cardholders transfer funds directly from their Ouroboros wallet to Cardano’s debit cards. Debits cards can be used anywhere with ease.