Skip to content

Cardano launches Plutus DApp resource page for developers

Cardano launches Plutus DApp resource page for developers

After Input Output Global (IOG) announced the launch of the world’s first blockchain decentralization index, the builder of the cryptocurrency Cardano (ADA) informed the public about the new resource section for Plutus DApp developers.

Indeed, the Cardano Docs website is now richer by a web page where beginners can learn all about decentralized apps (DApps) and where more experienced developers can find a list of resources for building DApps using Plutus smart contracts, IOG said on November 22.

Plutus DApp development section. Source: Input Output

Education for all learner levels

Furthermore, the section details what Plutus scripts are, how they are created, how they work, and how they are used for creating DApps, in simple terms and with accompanying illustrations. The resources listed include Plutus Core (the programming language for Plutus), tooling and compilers for intermediate languages, and the Plutus Tx compiler.

Developers can also easily access various tutorials and how-to guides, such as on writing a scalable Plutus app, extending the basic Plutus app with the constraints API, testing Plutus contracts, analyzing the cost and size of Plutus scripts, as well as integrating Plutus into their own web apps.

The recent development is in line with Cardano’s plans for the near future, which aims to “ensure that education [about blockchain] becomes much more available, consumable, and accessible in multiple languages and styles of delivery,” according to the Cardano Foundation CEO Frederik Gregaard.

Ceaseless work at Cardano

In partnership with the University of Edinburgh, IOG has also recently unveiled plans for the world’s first blockchain decentralization index, dubbed the Edinburgh Decentralization Index (EDI), with a goal to establish a transparent mechanism for rating decentralization of public blockchain initiatives.

Earlier, Cardano founder Charles Hoskinson voiced his frustration with existing crypto projects that present themselves as decentralized without understanding the full meaning of the concept. In his view, decentralization should be guided by resilience, control, and reliability.

Last week, Finbold reported on Cardano recording a spike in the number of wallets, adding 33,097 in a single week. According to Cardano Blockchain Insights data, this growth continued until press time, when Cardano had 3,727,189 wallets, meaning it has added 55,667 wallets since November 13.

ADA wallets chart. Source: Cardano Blockchain Insights

Cardano is also working on a new lightweight multi-chain crypto wallet called Lace, which Hoskinson said would likely boost the network’s size to one billion users after it is fully rolled out. Its launch could possibly trigger a price rally for Cardano’s decentralized finance (DeFi) token ADA.

ADA price analysis

Meanwhile, ADA is trading at the price of $0.3147, which means it has gained 4.57% on the day but is still down 5.36% across the previous week and 12.80% compared to 30 days before, as the charts demonstrate.

Cardano 24-hour price chart. Source: Finbold

The market capitalization of Cardano at press time stood at $10.83 billion, making it the eighth-largest cryptocurrency by this indicator, as per CoinMarketCap data retrieved by Finbold on November 23.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account?

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.