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The future of Cardano - We can look forward to these 2 developments



Cardano attracted a lot of attention in 2021. The "Ethereum killer" has temporarily taken the position 3 of the most valuable crypto currencies behind Bitcoin and Ethereum and thus came on the map of more and more crypto investors. But what does the future hold for Cardano? We can look forward to these 2 developments soon.

The future of Cardano - “Ethereum Killer” is evolving

Cardano has been one of the most popular cryptocurrencies in the past few months. The ADA token even rose to 3rd place among the most valuable coins by market capitalization. In particular, the constant development of smart contract functions caused the price to skyrocket in the fall. The network impresses with its extremely sophisticated technology, which Ethereum can outperform in the area of ​​security, among other things.

With the newly developed Smart Contract functions, Cardano can now also benefit from the growing markets for NFTs and DeFi. But in the past few weeks, other networks, especially Solana, have made more headlines. However, there are some exciting developments pending at Cardano in the future.

Plutus Application Backend

The Plutus Application Backend (PAB) is an off-chain backend service. This is intended to facilitate the administration and processing of the requirements on the respective application instances. The PAB is intended to enable developers to act better with smart contracts.

The implementation should happen in September. It provides developers with the components that developers can use to create and test decentralized apps more effectively. Above all, developers can use a test environment before handing their applications over to the live environment.

2nd Hydra

As a Layer 2 system, Hydra is intended to scale the expanded blockchain. Hydra aims to reduce latency, increase throughput and improve transaction speeds. Hydra could achieve confirmation times of less than a second. The latency time in the Cardano mainnet is currently 20 seconds. 

Hydra will make it easier for Cardano to grow faster and to be able to host more and more smart contracts and dApps in the future. It can keep transaction costs low, which will continue to give Cardano a significant advantage over Ethereum in the future.

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