No, not every project on Cardano is a separate company. Projects on Cardano can take various forms, including: While some of the larger and more structured projects may be run by established companies, many are not separate legal entities but rather decentralized efforts or collaborations within the Cardano ecosystem.

As of 2024, there are over 1,500 projects being developed or deployed on the Cardano blockchain. These projects span various sectors, including: This rapid growth has been driven by the network’s upgrades, including the Alonzo hard fork in 2021, which introduced smart contract functionality, and subsequent developments in the ecosystem. Cardano’s focus on research-driven, peer-reviewed…

Cardano is a decentralized, proof-of-stake blockchain platform designed to offer a secure, scalable, and sustainable environment for the development of decentralized applications (dApps) and smart contracts. Cardano is a collection of open-source, patent-free protocols. It’s a platform that enables you to store, transform, and manage value, identity, and governance. Cardano follows research not opinions or…

Plutus can be described as both a platform and a programming language for the Cardano blockchain, depending on the context. Here’s how these roles are distinguished: 1. Plutus as a Programming Language 2. Plutus as a Platform Summary So, Plutus serves both as the language for smart contracts and as part of a platform to…

Yes, Cardano supports smart contracts. The capability for smart contracts on the Cardano blockchain was introduced with the Alonzo upgrade in September 2021. This marked a significant milestone in Cardano’s development, enabling decentralized applications (dApps) and more complex functionalities on its platform. Key Points About Cardano Smart Contracts: Cardano’s smart contract functionality continues to evolve…