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IOG (Input Output Global), the developer of the Cardano blockchain, has added a new feature for developers of Plutus dApp. The company has added a resource section to encourage developers.

This news comes after IOG used the first blockchain decentralization index in collaboration with the University of Edinburgh. According to the company, the new web page will teach beginners about dApps (decentralized apps).

Also, it has resources that expert developers can use to build dApps with Plutus smart contracts. The company announced the news of the new page on Tuesday.

In addition, the page explains more about Plutus scripts, their creation, and their working mechanism. Furthermore, it describes how to use them to create dApps using illustrations and simple terms.

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The resources added include the Plutus Tx compiler, compilers and tools for intermediate languages, and Plutus Core. The Plutus Core is Plutus’ programming language.

Also, developers can access different how-to guides and tutorials in the resources section. They can learn how to write a scalable Plutus application, test Plutus contracts, analyze the size and cost of Plutus scripts, and how to integrate Plutus into other web apps.

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The latest development tallies with the platform’s plans for the blockchain. Frederik Gregaard, the CEO of the Cardano Foundation, stated earlier that Cardano wants to ensure blockchain education is accessible and available in diverse languages and delivery styles.

Meanwhile, the IOG partnered with the University of Edinburgh recently. They built the first blockchain decentralization index in the world, called the EDI (Edinburgh Decentralization Index).

The purpose is to create a transparent way to rate the decentralization of blockchain projects. The need arose after Charles Hoskinson, Cardano’s founder, voiced his displeasure over some crypto projects.

Cardano Is Developing A Multi-chain Wallet

According to Hoskinson, some crypto projects claimed decentralization without knowing what it meant. The Cardano founder believes reliability, control, and resilience should guide decentralized projects.

Last week, reports revealed that the number of wallets holding Cardano has increased. About 33,097 new wallets joined the Cardano ecosystem in one week.

This shows that more users are joining the community despite the ongoing crypto market downturn. Per data from Cardano Blockchain Insights, over 55,667 wallets have joined the network since November 13th.

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Meanwhile, Cardano is developing a new multi-chain cryptocurrency wallet, Lace. The Cardano founder said the wallet would increase the network’s size to over one billion users.

The wallet’s launch could cause a price rally for ADA, Cardano’s governance token. Moreover, Coinbase data shows that ADA is nearly 90% off its all-time high of $3.09 recorded in September 2021.


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Bradley Nelson

Bradley Nelson is a US based cryptocurrency news writer for Tokenhell, he helps readers stay up to date with the latest trends and news from the blockchain and crypto world. Bradley has been a crypto enthusiast since 2018.

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