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Cardano swings from milestone to milestone

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Shortly after Cardano recorded an all-time high in wallet addresses, the next milestone is coming for the network.

Just in time for the end of the year, Cardano (ADA) is entering the big crypto stage again – in three ways. In addition to the already large growth in wallet addresses, there is now a new record in terms of network transactions. There Cardano was able to break the 20 million mark for the first time and is loud at the time of writing at just over 22 million.

In addition, something is happening on the Plutus-Platform. It was only at the end of September that the developer company behind Cardano, IOHK, announced its own dApp store. Now the decentralized exchange (DEX) could SundaeSwap to go down in the history books of the ETH competitor as one of the first applications. Like the DEX on Twitter announced, a first testnet launch is planned for the evening of December 5th (EST).

MonoX Finance Hack plays Cardano in the cards

In addition, Cardano boss Charles Hoskinson took the recent attack on the blockchain company MonoX Finance the occasion to once again highlight the strengths of the Plutus store. A hacker had previously managed to steal $ 31 million in tokens from the platform. The theft was possible because the attacker was able to exploit a bug in the DeFi service’s software, which is used to create smart contracts.

Hoskinson then praised its own AppStore in one Tweet at:

That is exactly why Plutus was written for Cardano. The good [Code]-Language and equipment works with developers and auditors, enabling them to write great and safe code. Bad [Code]- Speech, on the other hand, loads the weapon with which you will later be shot.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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