What phase is Cardano in?

The Cardano project is now entering the Basho phase . This phase sees both on and off-chain improvements to the Cardano ecosystem. The last major update saw smart-contract capability added to the blockchain via the Plutus scripting language. Sign Up, Deposit and, Trade to Win Up to 130,000 USDC!

By November 2021, over 33 billion Cardano tokens were issued and in active circulation – getting closer to the coin’s maximum supply. Similar to Bitcoin but unlike Ethereum, the ADA token has a fixed supply limit with only 45 billion cryptocurrencies being able to ever exist in the coin’s lifetime .

Cardano is a decentralized, open-source blockchain network that launched in September 2017.

Cardano’s focus on scaling and interoperability grows As a result, assets can be transferred between the two blockchains through the bridge. Interoperability between Cardano, Solana and other L1 blockchains remains a future goal of other Milkomeda deployments.