As of January 25, the number of smart contracts based on Plutus, a Cardano-based smart contract platform, had reached 996, just four smart contracts shy of the 1,000 mark.
Finbold previously stated that there were 888 smart contracts on the Cardano platform in December; this latest feat demonstrates that Plutus has grown in popularity among developers since the September upgrade. Despite the fact that Cardano has undergone numerous network enhancements, the adoption of smart contracts was a watershed point in the ecosystem.
However, the most crucial elements affecting Cardano’s success are developer adoption and the amount of decentralised apps (dApps) connecting to the Cardano network. Throughout the development process, Cardano has warned that users and developers should expect roadblocks, particularly in the early stages.
It’s a wrap for this story.
