Cardano to speed up smart contract platform activities: CIP-35

Cardano to speed up smart contract platform activities: CIP-35 2

The developer team planned to bring a new update in the Cardano Blockchain network to push development and update work with speed to help Smart contract platforms activities in the Cardano ecosystem. 

Cardano is popularly known as a rival of the Ethereum blockchain network and right now Cardano ecosystem is enjoying its milestone because of the influx of many Defi protocols in its ecosystem, thanks to Alonzo Hardfork which was introduced by the developers in September of last year to enable the feature of smart contract on Cardano blockchain Network. 

The director of IOHK communications, Tim Harrison, notified the Cardano supporters that core developer team IOHK proposed a new update to boost up the speed of new updates in the  Plutus Smartcontract protocols. 

Under the new proposal, all the Cardano smart contract-based Defi Protocols will be able to change/update the coding under better system procedure, so that developers can easily achieve the new updates approval in the platforms.

This new proposal is dubbed CIP-35. Under this proposal, developers will not only be able to get a precise understanding to introduce the update but also it will give a shorter path for them. 

Cardano facing criticism because of Slow growth 

In the past, Cardano founder Charles Hoskinson faced huge criticism in the crypto industry because of the slow development work in the Cardano Blockchain ecosystem. In particular, people were raising questions on the slow development work of the Smart contract feature. 

According to many experts, the Cardano team really took a huge time to introduce the smart contract feature. 

Now, the new proposal will surely bring a positive response for the Cardano team to make the system faster in short and precise ways. 

Read also: NYC Mayor says I support cryptocurrency, not crypto mining


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