How Does Cardano’s Smart Contract Functionality Work?

How Does Cardano’s Smart Contract Functionality Work?

Blog Article

Cardano introduced smart contracts with its Alonzo upgrade, enabling developers to create decentralized applications (copyright). These contracts run on Plutus, a secure and functional programming language designed to minimize errors. Unlike Ethereum’s Solidity, Plutus aims to reduce vulnerabilities, making Cardano’s smart contracts more robust. The adoption of smart contracts has led to the growth of DeFi and NFT platforms on Cardano. As more projects build on the network, tracking the ADA price provides insight into its expanding ecosystem.