Over 2,300 Cardano Smart Contracts Are Waiting in Timelock, ADA Price Slides 20% Over 2 Weeks

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Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented. Cardano Has More Than 2,300 Smart Contracts Waiting to Be Deployed The Cardano (ADA) network upgraded last week and since then the most topical conversation among ADA proponents is smart contracts. The use of smart contracts on…

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