Cardano just turned 7 years old and its developer, Input Output Global (IOG), shared about the milestone.

In a celebratory tweet, IOG wrote: “Happy Birthday Cardano. 7 years. Millions of transactions. Over a thousand projects. An unstoppable community.”

Cardano, a proof-of-stake blockchain platform and the first to be founded on peer-to-peer research and developed through evidence-based methods, was launched in 2017.

Cardano has processed 95.6 million transactions since its inception, indicating an increase in adoption. The network has also seen strong growth, with 74,700 Plutus scripts, the backbone of Cardano smart contracts, and 1.33 million authorized wallets, indicating a robust staking ecosystem.

Other highlights of the network include 226 research papers, 1,373 projects currently being built on the Cardano ecosystem, and 12 Catalyst funding rounds, supporting over 1,800 ideas to drive innovation.

Cardano’s journey has been marked by major upgrades and transformations over various periods. Cardano’s global impact is also highlighted in the clip as the platform has hosted several important events around the world.

Cardano Hard Fork

Cardano has undergone several hard forks (when all nodes switch, adopting new functions, validation criteria, or parameter values) during its 7 years of development, with some mentioned in the IOG post.

The Shelley hard fork was activated on July 29, 2020, introducing staking and decentralization features, transitioning the network from a federal system to a decentralized one.

Mary Hardfork launched on March 1, 2021, bringing native token functionality to Cardano, allowing users to create and trade with custom tokens.

The Alonzo hardfork took place on September 12, 2021, introducing smart contract capabilities using Plutus, allowing the deployment of decentralized applications (dApps). The Vasil hardfork took place on September 22, 2022, improving the scalability and performance of the Cardano network.

Most recently, Chang, deployed on September 1, 2024, introduced the decentralized governance feature of CIP-1694, allowing parameter changes and hard fork initiation, marking the first hard fork in the Conway era.

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