Interestingly, Cardano has once again displayed its authority as one of the most stable and balanced networks as far as the crypto firm is concerned. The blockchain is jubilating for the big milestone as it operates without a single moment of outage or interruption.
As stated by the Cardano blockchain explorer, for almost 5 years now the company has been running uninterruptedly despite the extremely high load such as the one it experiences far back as 2021 when the network launched its smart contract technology.
According to the report, the Cardano network held on to 350 projects as committed by GitHub back in June. The stability of the network made the network one of the most developed and active chains in the whole crypto sphere.
The reasons for this high performance without interruption could be traced to;
- The low number of existing applications on the Cardano network.
- Also, Cardano receives a large number of updates in a relatively short time compared to networks like others like Solana and Ethereum.
Djed’s Partnership Is On The Increase Ahead Of Vasil Hard Fork
As the Vasil Hard Fork is fast approaching as well as the Djed moving towards the mainnet, the Cardano’s algorithm stablecoin, Djed has seen 35 fresh partnerships.
The completion of the Vasil Hard Fork and the end of the final audit may be an indication of the deployment of Djed on the mainnet says the Djed team.
As reported by Cryptolifedigital, the Hard Fork is awaited in the final week of July and as stated by the Djed team, this upgrade will make provision for the scalability needed to run Djed on the mainnet successfully.
At the moment, ADA trades at $0.522 and shows an 8.34% price increase in the last 24 hours.