A New Chapter in Open-Source Blockchain Development

0
  • PRAGMA establishes a new era for Cardano, enhancing the blockchain’s infrastructure through innovative open-source projects.
  • The initiative kicks off with strong industry collaborations, setting a foundation for widespread blockchain adoption and technological advancement.

Following the significant recent upgrade on Cardano, as reported by CNF Post on March 12, 2024, the Cardano Foundation has enhanced its capabilities to safeguard crime-fighting data.Today, it was announced that the Cardano Foundation has launched PRAGMA. This new initiative marks a strategic step toward advancing open-source blockchain innovation.

PRAGMA, established as a not-for-profit association in partnership with Blink Labs, dcSpark, Sundae Labs, and TxPipe, aims to foster a robust ecosystem for Cardano and other blockchains, championing community-driven software development.

PRAGMA’s Vision and Launch

As detailed in a CNF YouTube video, PRAGMA is set to commence operations on April 22nd in Zug, Switzerland. This association is committed to creating a vibrant ecosystem for Cardano and other blockchains by nurturing the development of open-source technologies. This initiative supports the growth of projects like Amaru, a Cardano full node built in Rust, and Aiken, a platform designed to simplify and enhance smart contract development on Cardano.

Collaboration and Innovation

Echoing the sentiment of breaking barriers and building bridges, which I highlighted in my recent tweet, PRAGMA supports existing open-source projects and encourages the development of new tools like Amaru and Aiken. These projects are central to PRAGMA’s mission of fostering a forward-thinking development environment.

Leadership Insights

Sebastian Bode, Director of Engineering at the Cardano Foundation and a board member of PRAGMA, stated,

PRAGMA represents an important step forward in the Cardano Foundation’s mission to support Cardano becoming a public infrastructure. Together, we are a team of passionate software engineers from various backgrounds who build open-source tools for developers aiming for mass adoption of blockchain.

Frederik Gregaard, CEO of the Cardano Foundation, added,

At the Cardano Foundation, we are advocates for the open-source maturity of the Cardano ecosystem, supporting collaborative initiatives that increase the diversity, as well as the quality and quantity of blockchain solutions. PRAGMA represents a significant milestone on this path.

Goals and Future Plans

PRAGMA is dedicated to cultivating an open-source ecosystem for Cardano, initially focusing on key projects like ‘Amaru,’ a full node in Rust, and ‘Aiken,’ a platform designed to enhance smart contract development. The initiative plans to expand membership to include more developers within the Cardano ecosystem by 2025.

At the time of writing, the price of Cardano (ADA) stands at $0.51, reflecting an increase of 0.10% in the past day and 8.50% over the past week. In conclusion, the launch of PRAGMA by the Cardano Foundation signifies a critical development in the blockchain sector, emphasizing the importance of open-source collaboration in fostering widespread adoption and innovation. With strategic partnerships and clear objectives, PRAGMA is poised to lead a transformative era in blockchain technology.


Recommended for you:


Credit: Source link

Leave A Reply

Your email address will not be published.