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  • #021: 🚧 Building the future on Cardano: Why developers should take notice in 2023

#021: 🚧 Building the future on Cardano: Why developers should take notice in 2023

Plus: Easing the developer journey: 5 Cardano projects leading the way

Author

Laura & Sooraj
January 09, 2023

Welcome to This Week In Cardano

Read time: 5 minutes

If you want to:

  • Quickly gain fundamental blockchain knowledge

  • Use a metric-base assessment framework to make informed decisions

  • Have example assessments of major Layer1s already bring you way ahead of 95% of the people in the space

Then this eBook is for you👇

A 3-Step Metrics-Based Assessment Framework for Layer1 Blockchains (eBook) (ENG)

🏆 The First Book in Crypto that provides a metric-based Assessment Framework to evaluate Layer1 Blockchains based on the dimensions of the Blockchain Trilemma. It's an easy-to-understand and accessible Assessment Framework for blockchain evaluation based on the 3 dimensions of the Blockchain Trilemma indicating the degree of decentralization, scalability, and security.❓Maybe you know some or all of this: ❌ You are new to the crypto space and you feel lost in all the diverse and opposing information❌ You don't know where to look for trustworthy information❌ You have no time to do endless hours of research❌ You have been in the crypto space for a while and you are tired of all the hype and coin pumps.❌ You want to build your profound understanding of different blockchain projects❌ You want to understand the differences between projects from a fundamental, metrics-based perspectiveBut don't worry. We have been there, too. This is why we wrote this book!When it comes to classical stock evaluation, standardized frameworks, metrics, and procedures exist.What is already common sense in this asset class is a green field in the crypto market. Here, many bases their investment decisions due to complexity and information asymmetries on following the hype on Twitter or the narrative of influencers who might just want to dump a coin.This eBook sheds some light on the currently unstructured, distributed, and inconsistently crypto asset market.🤔 How is this possible, you might ask?The ebook provides you with a go-to framework for a Layer1 Proof of Stake Blockchain Assessment.......so that you will be able to understand:✅ What is the difference between stock evaluation and crypto assessments?✅ Why is a metric-based Assessment Framework essential to evaluate Layer1 blockchain projects?✅ What is the Blockchain Trilemma and why is the Assessment Framework based on it?✅ What metrics does each dimension of the Blockchain Trilemma contain?✅ How to apply the Assessment Framework - A simple guide.✅ Example assessments that show you step-by-step how to apply the Assessment Framework✅ A list of resources to research the metrics and to conduct your own assessment of Layer1 blockchains. 💎 How you benefit from the book:💎 You gain fundamental blockchain knowledge you would need weeks or months to collect the information from websites, Youtube and Twitter💎 You have a go-to framework that provides an understanding and gives an indication of the status quo of Layer1 Proof of Stake Blockchains, regarding their degree of decentralization, scalability, and security 💎 You have guiding principles and fundamental metrics at hand that helps you when it comes to making investment decisions. (because conducting such a quantitative assessment before making an investment decision should be a prerequisite for everyone in crypto for the long-term game.)💎 The provided example assessments of major Layer1s already bring you way ahead of 95% of the people in the space who just follow the next best Crypto influencer when it comes to their investment decisions.📖 What you will get - A sneak peek into the outline of the bookIn chapter 1 we will dive into the crypto assessment and shed light on why a metrics-based assessment framework is important.Chapter 2 deconstructs the development of the L1 Proof-of-Stake Blockchain Assessment Framework based on the Blockchain Trilemma and provides a detailed step-by-step guide and explanation of what metrics the Assessment Framework comprises.Chapter 3 provides example assessments of major Layer 1 Blackchins and demonstrates the practical application of the developed framework. Finally, Chapter 4 provides you with the most basic resource links to apply the Assessment Framework to conduct your own assessmentThis Assessment Framework has been deliberately designed to be as simple and accessible as possible so that also crypto beginners can work with it. I hope it will help you to start analyzing the fundamentals of existing or upcoming blockchain projects and to make more informed decisions.🎁 After you buyAfter you purchase the eBook, the download link will take a few minutes to come to your email inbox due to PDF stamping. Make sure you enter the correct email address at checkout. It can take up to 10-15 minutes before you receive the link. Be patient :)What if you haven't received the link?If you don't get the email with the link within 30 minutes reach out to us and we'll send it manually as soon as we can! Gumroad can act up sometimes :( ⚠️ Important noticeThis is a PDF download. No physical product will be mailed to you.We don't accept returns of the eBook - for obvious reasons. Make sure it's for you before you buy.

https://bit.ly/3PXcPcR

Hi Cardano Community,

Welcome to This Week In Cardano - your daily Newsletter covering the major updates in the Cardano Ecosystem!

This is what we have for you today:

  •  🚧 Building the future on Cardano: Why developers should take notice in 2023

  •  🚀 Easing the developer journey: 5 Cardano projects leading the way

  • 💎 Gem of the Day

This Week In Cardano

Your Daily Newsletter covering all major events happening in the Cardano Ecosystem

Building the future on Cardano: Why developers should take notice in 2023

Cardano has made significant progress in the past year, with the Vasil hard fork combinator event laying the groundwork for developing more sophisticated dApps on the platform.

However, to fully realize the potential of Cardano and attract more developers to the platform, it is necessary to provide developer-friendly tools that make it easier to build on Cardano.

Challenges and Barriers to Developing on Cardano

Developing on Cardano can be challenging for a variety of reasons.

The lack of documentation and onboarding materials

The lack of documentation and onboarding materials for new developers has been a major issue. Many developers have reported difficulty in understanding how to set up their development environment and use all the CLIs, tools, and services.

There is also a lack of simple examples and baby-step tutorials, as well as a lack of good documentation and guides for beginners.

This can make it much easier to get started with other blockchain platforms like Ethereum, Solana, Cosmos, and Algorand.

High entry barriers of Cardano development

Another issue is the complexity and high entry barriers of Cardano development. Many developers have reported that it can be painful to get started and use, with a steep learning curve and a lack of structured learning programs.

The Plutus Pioneer Program, while helpful for some, has also been reported to be time-consuming and difficult to complete in order to write useful code.

The lack of adequate tools hinders the development on Cardano

Developing on Cardano can be a challenging experience due to a lack of adequate tooling.

This can make it difficult for developers to get started with Cardano and create projects on the platform. There is also a lack of standardized, trusted tooling options, which can create uncertainty for developers looking to build on the platform.

But this situation is changing rapidly. 2023 will be the developer onboarding year for Cardano

Easing the developer journey: 5 Cardano projects leading the way

GimbaLabs: an API and CSK platform

GimbaLabs aims to support the Cardano community by providing resources and tools for learning about and building on the platform.

This includes offering developer training, live coding sessions, mini-projects, and open-source tools such as Cardano APIs and Cardano Starter Kits (CSK).

The platform's APIs serve as an entrypoint for developers, offering open and free interfaces for new adopters to explore ideas and launch proofs of concept for new projects.

The CSKs offered by GimbaLabs are open-source, Project Based Learning (PBL) opportunities that allow users to engage with the Cardano platform in the real world and learn through experience what it can do.

The GimbaLabs platform serves as a central source of information for these resources. It provides start-ups, Catalyst proposal teams, and institutions with the tools and supports they need to build on Cardano.

Streamlining Cardano development with Mesh

Mesh is a software development toolkit that aims to make it easier for developers to build WEB3 applications on the Cardano blockchain.

It includes a starter kit, documentation, guides, and an open-source library with various components that developers can use to build their projects.

Mesh aims to improve the developer experience by providing a starter kit, comprehensive documentation, and guides and tutorials to help developers get started and navigate the process of building on Cardano.

Demeter: The All-In-One Cardano Development Platform

Demeter is a software development platform that aims to make it easy for developers to build decentralized applications (dApps) on the Cardano blockchain.

It provides a range of tools and resources for developers, including a browser-based Visual Studio Code (VSCode) development environment called Workspaces, fully-synced Cardano nodes, and access to real-time and historical blockchain data through DB Sync.

Demeter also offers a range of Starter Kits, which are open-source code repositories contributed by the community that can be used as learning resources or as a starting point for projects.

In addition to these tools and resources, Demeter also offers a platform for developers to share their APIs and Cardano Starter Kits (CSKs) with the community.

Typescript Smart Contracts for Cardano

The plu-ts project aims to make it easier for developers to create smart contracts on the Cardano blockchain by implementing the Untyped Plutus Core specification in Typescript.

This will allow for more flexibility in the creation of parametrized smart contracts and Plutus Application Backends, and will also provide developers with testable code, inline documentation, and useful debug features.

By creating this tool, the plu-ts project hopes to foster a wider community of developers building on the Cardano platform.

Aiken: A New Smart Contract Language for Cardano

Aiken is a new programming language and toolchain for developing smart contracts on the Cardano.

Aiken aims at delivering high-quality tools for writing Cardano smart contracts.

The team behind Aiken aims to reverse engineer the Plutus core and build Rust implementations with the same features as Haskell.

The end goal is to make writing smart contracts easy and safe, with a complete and delightful developer experience.

That's it for today.

We will be back tomorrow with the major updates from the Cardano ecosystem as well as the L1 comparisons.

Interested in sponsoring this Newsletter?

💎 Gem of the Day 🧵

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research

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