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Here's Cardano Founder's Amusing Response to Recent NFT Growth

Tue, 10/25/2022 - 15:22
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Tomiwabold Olajide
NFT volumes rose 328% over weekend from prior one
Here's Cardano Founder's Amusing Response to Recent NFT Growth
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Cardano founder Charles Hoskinson has responded to the recent growth in the NFT sector. He responded, "Much Ghost Much Chain," alongside a GIF image posted on Twitter.

Cardano has often seen criticism in the past, most often that which compares it to a ghost chain.

Cardano: Community Predicts "Ethereum Moment" Bull Run, Here's How It Might Happen

CardanoNFT projects continue to gain traction with a new record of 4.4 million ADA reached on 24-hour volumes. According to StockTwits NFT data, NFT volumes rose 328% over the weekend from the prior one. Cardano also entered the top three NFT chains, flipping Immutable X to fourth place.

Cardano's Biggest NFT Project Sets Monumental Milestone, Here It Is

In a historic milestone, The Ape Society, Cardano's biggest NFT project in terms of collection share by 24-hour volume, also reached the 10,000 ADA floor price.

First Cardano smart contract in Typescript launches on testnet

As shared by Cardano's focused Twitter account, ADA whale, the first Cardano smart contract entirely written, compiled and serialized using Typescript has now been launched on the prepared testnet.

The Cardano blockchain was built using the Haskell functional programming language. Plutus, Cardano's programming language for smart contracts, and Marlowe, Cardano's domain-specific language for financial smart contracts, are both based on Haskell. Both off-chain and on-chain codes for Cardano are also written in Haskell.

Cardano Hits New Milestone in Smart Contracts Creation: Details

In July, Cardano founder Charles Hoskinson shared "the first-ever Untyped Plutus Core Program entirely generated and serialized using only Typescript."

This new milestone might imply that developers may be able to write smart contracts on Cardano using TypeScript soon.

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About the author

Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.