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Jan 19 13 tweets 21 min read
🧵1/n

With 1K+ projects #BuildingonCardano, from wallets to DEXs, #DeFi and more, let’s look at the health of the #Cardano ecosystem.

#Cardano projects are increasing & Cardano has become more interoperable. @Milkomeda_com for example delivers EVM compatibility to Cardano.
🧵2/n
From full-node to browser-based, Cardano-compatible wallet options grew in 2022:

@YoroiWallet
@AdaLiteWallet
@lace_io
@GeroWallet
@NamiWallet
@FlintWallet
@NuFi_Official
@TyphonWallet
@exodus_io
@AtomicWallet
@CWallet_fi
@BeginWallet
Ledger Live
Daedalus
🧵3/n
#Cardano native tokens can also be stored in hardware wallets for holders to store their private keys offline. These hardware wallets include:

Trezor Model T
Ledger Nano S Plus
Ledger Nano X
BC Vault
🧵4/n
#Cardano has a number of community-built resources tools, such as:

@FreeLoaderz2022
@nmkr_io
@jogetworkflow
@blockfrost_io
@ada_anvil
@MartifyLabs
@CardanoKoios
@gimbalabs
@blockery_io
@BloxBean
@LucidCiC
Cardano Stack Exchange
🧵5/n

Cardano also has decentralized exchanges (DEXs) for users to securely trade their assets directly with other peers. Some of these #DEXs include:

@SundaeSwap
@GeniusyieldO
@MuesliSwapTeam
@wingriderscom
@adax_pro
@axotrade
@bynetprotocol
@blueshiftfi
@SpectrumLabs_
🧵6/n

#Cardano had non-fungible tokens (NFTs) before it had smart contracts. Some of the most popular #NFT projects include:

@pxlzNFT
@YummiUniverse
@DeadRabbitRS
@aeoniumsky
@BlockOwls
🧵7/n

The chain’s emerging NFT ecosystem is expanding beyond creator collections into exciting new models of utility. These include, but are not limited to:

@adahandle
@projectNEWM
@book_io
@adadomains_io
🧵8/n

For #NFT enthusiasts to buy, bid for, and sell tokens on the blockchain, they need marketplaces. Cardano’s NFT marketplaces include:

@Explosif_io
@artano__io
@jpgstoreNFT
And more…
🧵10/n

Data explorers allow blockchain users + devs to learn about the state of the chain and its ecosystem. Some of these include:

@CardanoBuilt
@LidoNation
@InsightsCardano
@oravecpeter - EUTXO.org
@RickyODonnell79 / #NFTJungle
@TapTools
@CardanoCube
🧵11/n
Some additional projects + project categories include:

Lending & borrowing protocols
@MELD_Defi
@lendingpond_ada
@AadaFinance
@liqwidfinance

Identity solutions
@IAM_X_IDENTITY
RootsWallet
@LearnerShape
@proof_space

L2 scaling solutions
@Milkomeda_com
@wanchain_org
🧵12/n
Alongside extensive desk research, we reached out to 150+ projects to assemble The #EssentialCardano Guide to the Ecosystem, which highlights some of the people & projects building + powering Cardano's future.

To go deeper, access the guide now: services.iohk.io/guide-to-the-e…
Our bad, there was a mistake in our previous tweet. Lucid project is run by @berry_ales. We offer this virtual cake as a token of remorse. 🍰

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More from @InputOutputHK

Jan 19
1/10: The next Cardano upgrade targeted for February will bring new built-in functions to #Plutus, the smart contract programming language for the #Cardano blockchain, to support ECDSA and Schnorr cryptographic signatures to make it easier for developers to build cross-chain apps
2/10: Different blockchains use different cryptographic signature methods, such as ECDSA and Schnorr signatures, which are used in #Bitcoin and #Ethereum, among others.
3/10: #Cardano uses the Edwards-curve Digital Signature Algorithm (EdDSA) with elliptic curve Curve25519 as its base curve (Ed25519) which is fast, secure and small in size, but not compatible with ECDSA and Schnorr.
Read 10 tweets
Nov 21, 2022
🧠 Hydra Head is the first in a suite of Hydra protocols that aim to increase network scalability. It's an L2 solution that works as an off-chain mini ledger between a small group of participants – similar to the main on-chain ledger but faster, more cost-efficient.
#Cardano
1/n
🔎 Hydra Heads are fast, scalable, isomorphic, and customizable.

Hydra Head transactions and ledger rules are similar to #Cardano’s mainnet, which allows easy support by existing systems like #DApps and wallets.
2/n
Hydra Heads are most beneficial to be used by a small group of participants who need to process many quick interactions. Use cases include bank-to-bank transfers, pay-per-use API services, #NFT auctions, and light wallet micropayments among others.
3/n
Read 6 tweets
Nov 19, 2022
Continuing live on stage, and here on the livestream, IOG's @khstandrews presents more on P2P #Decentralized networking and creating a fully decentralized and self-organized network.

Join us in the livestream!

#IOScotFest #Cardano #CardanoCommunity Image
@khstandrews Fun fact: Cardano turned five this year! Did you miss our blog celebrating the innovations happening across the ecosystem? Check it out here: iohk.io/en/blog/posts/…
@khstandrews For more technical updates, join us on our technical community Discord channel discord.com/invite/TGNHgG5Q
Read 4 tweets
Nov 16, 2022
Today, we take a look back at the third of Cardano’s roadmap phases: Goguen.

🧵 1/n
The Goguen phase

The Mary upgrade allowed Cardano users to mint tokens, including non-fungible tokens (NFTs), without smart contracts.

🧵 2/n
The Alonzo upgrade introduced smart contracts, adding the ability to build #DApps on #Cardano.

Alonzo also introduced the world to #Plutus, a purpose-built #smartcontract dev language and execution platform.

🧵 3/n
Read 8 tweets
Nov 15, 2022
As we continue looking back at Cardano’s milestones, today we focus on Shelley, Cardano’s second development phase. #CardanoADA

🧵 1/n
The Shelley phase

Shelley was a period of growth and development for the network, encompassing the critical early steps in Cardano’s journey to optimize #decentralization.

🧵 2/n
This phase saw the complete re-implementation of the Cardano node for improved reliability, assurance, and performance, and the ability to maintain and evolve the node over time.

🧵 3/n
Read 8 tweets
Nov 14, 2022
Over the next 7 days, we’ll look back at #Cardano’s previous development phases as we prepare for #IOScotFest and the #CardanoSummit. Let’s start where it all began: with Byron.

🧵 1/n
The Byron phase:

The first incarnation of Cardano allowed users to buy and sell ada on a federated network running Ouroboros Classic, the first academic research-based proof-of-stake protocol with a mathematically-proven level of security.

🧵 2/n
This phase also saw the release of two Cardano-native wallets:

Daedalus, IOG's official desktop wallet for ada
Yoroi, a light wallet by EMURGO for quick transactions and day-to-day use

🧵 3/n
Read 6 tweets

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