Cardano’s Largest NFT Marketplace Sets New Community Milestone: Details

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Car­dano’s largest NFT mar­ket­place, the JPG store, has announced a new com­mu­ni­ty mile­stone on Twit­ter. This comes as the Car­dano NFT space con­tin­ues to gar­ner traction.

Aside from this, the Car­dano net­work is record­ing increased net­work activ­i­ty, with over 30,000 wal­lets added in the past week.

The Car­dano com­mu­ni­ty is enthused with expec­ta­tions. As report­ed by U.Today, Car­dano’s founder, Charles Hoskin­son, said he had a spe­cial announce­ment for Novem­ber, some­thing he had been work­ing on for the past four years.

Car­dano will soon enter the Voltaire era, which, accord­ing to Car­dano’s founder, will enable the net­work to show the indus­try “how to do decen­tral­ized gov­er­nance.” Accord­ing to Car­dano’s roadmap, Voltaire will be the begin­ning of Car­dano’s evo­lu­tion into a “tru­ly decen­tral­ized” blockchain net­work. Car­dano’s roadmap is char­ac­ter­ized by five phas­es, which are Byron, Shel­ley, Goguen, Basho and Voltaire.

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The Byron phase rep­re­sents the first incar­na­tion of Car­dano that allowed users to buy and sell ADA on a fed­er­at­ed net­work run­ning Ouroboros Clas­sic. This phase also saw the release of two Car­dano-native wal­lets: Daedalus, IOG’s offi­cial desk­top wal­let for ADA, and IOG’s offi­cial desk­top wal­let for ETH, Yoroi, a light wal­let by EMURGO for quick trans­ac­tions and day-to-day use.

Hydra for payments: another advancement

In a blog post, Car­dano builder IOG said it is col­lab­o­rat­ing with Obsid­i­an Sys­tems to dri­ve the devel­op­ment of use cas­es based on the Hydra Head pro­to­col, such as the Hydra for Pay­ments ini­tia­tive. The Hydra fam­i­ly of pro­to­cols is one of the key com­po­nents of Car­dano’s Lay­er 2 scal­ing jour­ney. The Hydra Head is the first in this suite of protocols.

Hydra’s pay­ment tool­ing will grad­u­al­ly roll out in Q4, 2022. The year 2023 will see new fea­tures, enhance­ments to the Hydra pro­to­cols and their eager use in Hydra for Payments.



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