Let’s revisit most memorable moments for Cardano ecosystem from 2022
The year 2022 was kaleidoscopically eventful for the Cardano ecosystem, with the Vasil update, the launch of EVM-compatible Milkomeda C1 and many more significant achievements. U.Today has summed up the top five things Cardano accomplished throughout the outgoing year.
Cardano’s Happy Vasil Day
No words can describe how much awaited the Vasil hardfork was for the Cardano community. Finally, after months of preparation and both the IOG and Cardano teams working around the clock, the historic upgrade went live on Sept. 22 at 9:44 p.m. UTC. Vasil introduced Plutus 2.0, a new version of Cardano’s native smart contract language, which made smart contracts more efficient and cost effective. Later on, the Vasil upgrade was implemented by such major crypto exchanges as Binance, Coinbase, Upbit, XT.com and many more, thus bringing utility to the blockchain.
“Pivotal moment”: Cardano now supports Ethereum dApps
The next milestone for Cardano in 2022 was achieving compatibility with Ethereum Virtual Machine (EVM), thanks to the launch of Milkomeda C1, a sidechain connected directly to Cardano. Milkomeda C1 allows users to seamlessly move assets between the two blockchains, making it possible to run popular Ethereum-based dApps on top of Cardano. This is accomplished with the wrapped smart contract technology pioneered by Milkomeda. Cardano founder Charles Hoskinson called the launch of the C1 Layer-2 solution “a great development” for Cardano.
Cardano ecosystem onboards over 1,000 dApps
Another milestone Cardano can pride itself on this year is the number of onboarded dApps to its smart contracts. According to a thread shared by the Input Output Global (IOG) team in June, there are over 1,000 projects building on Cardano, and the number continues to grow. The main sphere of Cardano’s focus is NFT: 40.2% of protocols belong to the “NFT collections” category, while over…
