What will be the result of the new improvement proposal?
Since the beginning of 2023, the Cardano network (ADA) has grown significantly. The continuous development of the network as well as future development plans have made Cardano known as one of the top altcoins.
According to Valx and quoted by U.today, one of the challenges of projects in the blockchain space is the lack of skilled manpower. However, the Cardano network has an experienced and skilled team that has undoubtedly helped to stabilize the presence of this currency among the top 10 cryptocurrencies in the market over the years.
Data from the ProofofGitHub service, which monitors the development activities of projects in their GitHub repositories, shows that the Cardano network is the most developed network among the top currencies in the market. In this ranking, Cardano has surpassed competitors such as Polkadat (DOT) and Cosmos (Cosmos). Cardano currently hosts more than 4,800 smart contracts on its network, and more than 1,000 projects are currently under development.
Additionally, Cardano is trying to integrate scripts written in Python for its smart contract platform. This innovative development is currently ongoing and was announced on January 10th via a transaction on the network.
In addition, it gives Cardano hot wallets new features that can attract more users.
Charles Hoskinson, the founder of the Cardano network, has repeatedly emphasized the importance of the user community and cooperation with other business partners to promote and grow the network. The implementation of this feature can play an essential role in achieving this goal. This change makes Cardano more user-friendly and can increase the market value and price of Cardano.
What will be the consequences of writing a proposal for the improvement of new work? The first time in the blog Valx. appeared.