Recent data released by the Blockchain analytics firm Santiment revealed that the Cardano network leads the way among other blockchains by development activity. This comes as Charles Hoskinson’s Cardano continues to build and make innovations that are projected to disrupt the blockchain space.
What Makes Cardano Stand Out?
Sharing this data on its X (formerly Twitter) platform, Santiment noted that the number 1 ranking came as a result of Cardano’s development activity, with the blockchain network recording 611.47 notable GitHub commits in the past 30 days to lead other projects.
Polkadot and Kusama Network came behind in second and third position with 500.67 GitHub commits each to their names. Meanwhile, the second largest cryptocurrency by market cap, Ethereum, came 10th on the list with 288.67 commits to its name.
Cardano becomes number 1 in development activity | Source: Santiment
The blockchain firm has added notable features to its functionalities and other products as part of its development activity. In one of the latest weekly development reports shared by Essential Cardano, it was noted that the Cardano team was working on updates to the Lace Wallet.
Following that, it didn’t take long for the updates to be finalized, as on October 10, Lace announced the release of the Lace 1.6 version on its X platform. Notable upgrades included a better User Experience (UI), and users can now customize their multitasking ratios by percentage.
Already Making Plans For The Future
The blockchain firm is currently in its Basho Era, its fourth development stage, which is focused on scaling and interoperability. As part of efforts to keep scaling and promoting interoperability, Cardano’s Hydra team (dedicated to this stage) recently implemented changes in the network layer and outlined the necessary design adjustments in an initial draft document.
The team also moved to enhance the network’s user experience “by enabling commits using inline datums.” On the other hand, the Mithril team also made certain optimizations and bug fixes.
The network is also gearing up for when it moves to the fifth and final development stage named Voltaire. This stage will be focused primarily on the network’s governance. As part of its efforts, the Cardano team also recently finalized the implementation of SanchoNet, which completes the second phase of its roadmap.
SanchoNet is the testnet that Cardano will use to roll out governance features for the blockchain. Following its completion, online delegate representatives (DReps) registration, delegation, and voting will commence on SanchoNet.
As of the time of writing, Cardano’s ADA is trading at $0.2459, over 0.20% in the last 24 hours, according to data from CoinMarketCap.
ADA continues to trade in a very tight range | Source: ADAUSD on Tradingview.com
Featured image from Shutterstock, chart from Tradingview.com
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Scott Matherson
Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
