$ADA: IOG Gives an Update on ‘The Health of the Cardano Ecosystem’


Recently, Input Output Global (“IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), provided some interesting information about Cardano’s exciting ecosystem.

IOG started by saying that “Cardano projects are increasing” and that “Cardano has become more interoperable.” One example they cited is Milkomeda, which “delivers EVM compatibility to Cardano.”

They also mentioned that there are currently 14 Cardano-compatible wallets; a few examples are Daedalus, Flint, Nami, and Yoroi. By the way, on 22 January 2023, blockchain startup dcSpark announced an important update to its lightweight and user-friendly wallet for Cardano, which is called Flint. Version 2.0.0 was released on 20 January 2023 for Android and on 21 January 2022 for iOS:

Related:  Chainlink: Exploring the possibility of sustained whale interest amidst bull rally

Next, IOG mentioned that “Cardano native tokens can also be stored in hardware wallets for holders to store their private keys offline.” Cardano is currently supported by at least four hardware crypto wallets: Trezor Model T, Ledger Nano S Plus, Ledger Nano X, and BC Vault.

Among the Cardano DEXes IOG mentioned were SundaeSwap, MuesliSwap, WingRiders, and ADAX.




On

18 January 2023, popular and respected pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) said that there is “an insane amount of cool stuff” coming to Cardano and its ecosystem.

Here are a couple of examples of the projects — launching this year — that he is excited about:

Algorithmic Stablecoin $DJED

Fiat-Backed Stablecoin $USDA

Image Credit

Featured Image via Unsplash



Source link

Share this article: