Cardano Crypto Developer (ADA) Will Focus On Increasing ADA Smart-Contract Performance And Scalability

Cardano will optimize smart-contracts. (Quantitatives-Unsplash)

JAKARTA – Crypto Cardano (ADA) is rumored to be getting an increase in terms of performance and scalability of smart-contracts in 2022. The announcement was made by the Director of Marketing and Communications for Hong Kong Input Output (IOHK) Tim Harrison.

He stated that the upgrade would take place over the next few months. A number of new features will be released, Cardano will also group these features to make them easier to manage.

“We are now in the very last stages of preparing for our February release, the first of three major code drops (June and October to follow) upgrading the core network in 2022.”

Harrison said the main focus of many of the upgrades would be to increase the "delivery predictability" of the Cardano ecosystem as reported by The Daily Hodl.

“This clustering strategy has one obvious reason: predictability. Cardano has grown significantly, and is expected to grow even more as 2022 goes on. By creating custom release windows, companies that rely on Cardano's infrastructure know exactly when a major release is coming, so they can prepare accordingly.”

Harrison explained about the increase. The first upgrade will contain five upgrades aimed at Cardano ecosystem developers. Later, after system optimization, the crypto that belongs to the Ethereum killer lineup will be able to accommodate various decentralized financial applications or DeFi, smart contracts, as well as decentralized exchanges or DEX.

At the time of writing, the price of the Cardano cryptocurrency itself is trading at the level of Rp. 13,779. ADA prices have increased by 7.7 percent in the past week. Meanwhile, ADA's all-time highest price (ATH) was at Rp44,039 which was inscribed on September 2, 2021, as reported by data from Coingecko.