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Recent data shows that the Cardano ecosystem is rapidly growing in terms of network activity and decentralized applications. The number of Cardano wallets is increasing by around 30,000 wallets per week. So what are the top Cardano dapps in 2022 that are driving the network’s growth?
There's a lot of buzz surrounding the Polkadot vs Cardano debate. Both blockchains have been dubbed "Ethereum killers," with advanced features and improvements to some of Ethereum's shortcomings.
Following the launch of the Goguen phase and the Alonzo hard fork, the number of applications within the Cardano ecosystem is increasing exponentially. The Cardano network currently sits as the third-largest blockchain and cryptocurrency project by market cap, preceeded only by Bitcoin and Ethereum. Moreover, a surge in activity in the Cardano ecosystem enhances the demand and utility of its native ADA asset. Strictly ADA coin, but often known as ADA token, Cardano's core cryptocurrency is a unit of exchange with cross-chain functionality. As such, the Cardano blockchain is becoming an increasingly popular choice with developers to design and deploy decentralized applications (dApps).
There are essentially two types of income people can make; active income or passive income. Every day, billions of people go to work to earn an active income, trading their time for money. This is something most of us are all too familiar with and something that can be hard to scale, as you basically need to trade more of your time to make more money. The flip side to this is making a passive income - where your income isn’t directly correlated to the time or resources you expend. Setting up a passive income is arguably the ultimate goal for those who wish to achieve financial freedom and independence. The advent of the cryptocurrency industry is providing some interesting new opportunities for making a passive income. Let’s take a look at how to earn a passive income with Cardano!
Smart contracts are some of the most fascinating and important inventions at blockchain developers' disposal. Essentially, smart contracts allow programmers to develop self-executing code that can be used in several fields such as decentralized finance (DeFi). This technology has the potential to save a huge amount of money for businesses and organizations all over the globe. As this technology has vast potential, several smart contract platforms compete in order to offer developers the best tools.
