Blockchain platform Cardano topped the list as the busiest 2019 crypto project in a report published by analytical platform Santiment. The report was compiled using Santiment tools Sanbase and San Data, which analyzed over 1000 cryptocurrencies within the 12 months.
Cardano was billed as the busiest blockchain platform in terms of technical developments. The report attributed the growing developments of Cardano ecosystem which was cemented with the launch of the much-awaited Cardano incentivized Shelley testnet in December.
The Testnet which went live on December 13th already boasts of over 500 staking pools with expectations rising among crypto enthusiasts. Ethereum was narrowly behind with the report highlighting the major effort that developers have put towards achieving the impending Ethereum 2.0 upgrade.
The upgrade is expected to move the platform from the energy-sapping Proof-of-Work to the much efficient Proof-of-Stake system.
Cardano Continues to Add Major Developments to its Ecosystem
This recent report from Santiment echoes that of Flipside released some weeks back, in which Cardano was listed as among the top 12 blockchain platform for 2019. Cardano has continued to push developments within its ecosystem in 2020. The blockchain platform recently announced that it was preparing to undergo a hard fork in February.
The hard fork would integrate Ouroboros BFT consensus into the existing Shelley testnet. This consensus would be the first P-O-S consensus that matches the security of Proof-of-Work consensus on the Cardano ecosystem.
A successful fork would bring Cardano closer to its objective of a completely decentralized smart contract blockchain platform.
More Partnerships Expected from Cardano in 2020
It is often said that building partnerships is the lifeblood of crypto platforms. Cardano is not left behind, with the platform inking some major partnerships in 2019.
Sportswear giants New Balance agreed on a strategic partnership with Cardano to enable tracking for shoes for authenticity. Emurgo also partnered with the Ethiopian government to develop a new digital currency for the African nation.
2020 appears to be moving in similar direction with Cardano partnering with the Uzbekistan government to form a blockchain task force.
The taskforce is dedicated to developing a legal framework for security token offerings (STOs) and exchanges (STXs) in the country.