Developers wanting to build on Cardano now have a new tool that solves a big problem: a dApp template that makes sense of Cardano s smart contract tooling.
The upgrade, called Plutus, is part of the larger Alonzo Upgrade.
Plutus will bring a number of improvements, including Plutus-powered smart contracts.
Cardano (ADA), a popular development platform and one of the largest Ethereum rivals, already published several updates over the past few months, which did not only bring new capabilities to its network but also caused its price to surge. Now, the project is preparing to launch yet another major update that will bring smart contracts through Plutus the project’s native language.
Recently, IOHK released a blog post with more information about Plutus, explaining that its contracts will consist of parts that run on-chain, as well as those that run off-chain on users’ machines. The blog post further revealed that both parts are written in Haskell programming language, but are compiled by Plutus.
Cardano Smart Contracts Update to Allow Blockchain Devs to Work with Auctions, Collectibles, Crowdfunding Use-Cases
Alonzo will be developing on
Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications.
IOHK, which supports Cardano development, notes in a blog post that at the beginning of March 2021, they implemented Mary ‒ which is described as a multi-asset protocol update that lets users develop “unique” tokens for transactions carried out on Cardano. With the launch of transaction metadata, then token-locking with Allegra in December 2020, and native token creation, the developers are “laying the foundation to establish Cardano as the leading smart contract platform,” the update posted by IOHK revealed.