This PAGE celebrates us, Cardano Community. We went from a Ghost Chain to an entire city that grows and expands each day. At EPOCH 320, we stand
at 3M+ wallets, 3.5M+ tokens issued and 30M+ on-chain transactions. Countless projects are being built and funded via Catalyst and other novel funding ways like ISO.
The following artwork is a snapshot of the current state of Cardano and its community. Many of us delegated $ADA to a Stake Pool. Perhaps you even took part
in the conversation about MPO vs SPO or queued in a long line to get $SUNDAE. Every day we trade CNFTs at one of the available marketplaces and are excited
about many upcoming projects. Some of us joined Plutus Pioneer to become builders and Smart Contract engineers. Thanks to all of you, we now have a vibrant
community paving the way forward.
Twelve months ago, it was just a big construction site.
Today is a city that we built together.
This artwork serves as a snapshot that captures the state of the Cardano blockchain during epoch 320. At that time, the network boasted 3 million wallets, with 1.1 million of those wallets being delegated to a Stake Pool. Additionally, the Plutus Memory Unit Limit was set at 56M, a figure that has since been updated a few more times.
Since its inception, Cardano has faced a barrage of unfounded FUD, or Fear, Uncertainty, and Doubt. Over time, this FUD has evolved and adapted to the addition of new features and advancements in blockchain technology.
During epoch 320, there were 3140 active stake pools on the Cardano blockchain, each offering users the opportunity to delegate their ADA to help secure the network and earn rewards in the process. Since then, the number of active stake pools has steadily increased, reaching around 4000 at present. This growth in stake pools reflects the increasing interest and participation in the Cardano network, as well as the growing support from the community.
When SundaeSwap, a decentralized exchange built on the Cardano blockchain, launched in 2021, it quickly gained popularity among users eager to trade their ADA for other cryptocurrencies or tokens. However, this surge in demand put a strain on the network, leading to high traffic and slow performance for some users.
During the early days of SundaeSwap, it was not uncommon for users to experience endless waits for a "scooper" to pick up and execute their transactions. This was because each transaction needed to be processed by a "scooper," or node operator, who would check the transaction for accuracy and execute it on the blockchain. With a limited number of scoopers available, and a growing number of users eager to trade, wait times could stretch from minutes to hours.