Cardano developer Input Output Global (IOG) reported a surge in ecosystem growth, with 1,979 Cardano-based projects, including 603 new ones. The issuance of native tokens rose by 80,000, and Plutus scripts, a key for smart contract functionality, increased by 9,102, reaching a total of 100,800.
Several node updates were rolled out, including Node v.10.1.3, addressing critical issues, and Plan 529, linked to Epoch 529, set to initiate a key governance action for the Chang #2 hard fork in January 2025. This milestone offers stake pool operators (SPOs) and the Intersect Catalyst Committee (ICC) the chance to ratify Cardano's next major hard fork.
The Plutus team made strides in smart contract development, progressing with Agda-proof object serialization and introducing new enhancements to Untyped Plutus Core. Additionally, a Protocol Insights dashboard update was unveiled to improve network transparency.
Cardano’s recently approved constitution signifies a major step in decentralized governance. The community will decide on its ratification, with an on-chain vote anticipated in January 2025.
Cardano’s impressive growth in November, coupled with its strategic upgrades, positions the blockchain for a transformative year ahead.