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Cardano, one of the most famous proof-of-stake blockchains, has celebrated its fifth anniversary. According to the CEO of Input Output Charles HOSKINSON, 3238 smart contracts have been launched on Cardano since the implementation of the Alonzo hard fork that took place last September. Over six million native tokens have been issued, the vast majority of which are owned by the public.
Cardano also ranks highly among other blockchains when it comes to the number of daily transactions and developer activity as measured by GitHub commits. Hoskinson claims that Cardano is also one of the most widely accepted cryptocurrencies based on the Gini coefficient. The founder of the cryptocurrency emphasized that Vasil, launched on September 22, is the most complex upgrade implemented by Cardano.
Basho, the fourth era of Cardano development, will focus on network scaling. Input Output plans to launch a Hydra Layer 2 solution in the near future. During the Voltaire era, the final stage of development, the blockchain is expected to become a self-sustaining system, meaning that it will no longer be controlled by Input Output. According to Hoskinson, Voltaire will be released to the market by the end of 2023, marking the end of the original Cardano roadmap.
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