Cardano Achieves 73.2 Million Transactions in Weekly Performance

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Cardano Transactions

Key Points:

  • IOG, the firm behind the Cardano blockchain, has recently released its weekly performance highlight.
  • 73.2M transactions were processed over the Cardano protocol last week.
  • There were a total of 78,063 token policies recorded and 137 blockchain projects launched.

Input Output Global (IOG), the firm behind the Cardano blockchain, has recently released its weekly performance highlight. The Cardano team has been building momentum over the last week to back a thriving blockchain ecosystem.

According to the latest information, 73.2 million transactions were processed over the Cardano protocol last week. There were a total of 78,063 token policies recorded and 137 blockchain projects launched during this time period.

Tremendous Growth

Cardano has continued to receive enormous developer support, therefore such tremendous growth milestones are not unusual for the platform. Teams working on some of IOG’s most creative products continue their efforts to bootstrap the network using the previously disclosed strategy to include the public in decision-making.

This past week was a significant achievement for the Cardano team, as they sent out a number of improvements to the whole platform. One of the highlights is that the core tech team has decided to pre-release “node v.8.2.1-pre for use on SanchoNet”.

Cardano has a novel structure, with individual groups responsible for developing each of its products. For the previous several months, Week-on-Week (WoW) growth targets have been issued with reports of significant milestones achieved by almost every team, including those working on Mithril, Lace, and Voltaire.

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Pooja Bhargav