Explaining in a thread of tweets, Plutus Core is Cardano's native smart contract language that provides a safe programming environment to create scripts with Haskell.
Plutus Core scripts enable the creation of dApps and multi-asset support on the blockchain . Interacting with a Plutus contract differs from interacting with an Ethereum contract as Plutus Core scripts do not go on-chain until used in a transaction. Founder Charles Hoskinson recently expressed positive expectations that the upcoming Vasil Hard Fork upgrade in June might provide a"massive performance improvement to Cardano" and its smart contract capabilities. The Vasil hard fork is scheduled for June 29 and aims to improve smart contracts capabilities and the user experience for Cardano developers, once implemented.
Cardano also reports another step in interoperability as Cardano-based assets can now move between chains seamlessly. Milkomeda has announced a recent update that enables the transfer of assets to Cardano from Milkomeda C1. This includes stablecoins like USDC and USDT. In recent updates shared by IOHK, there are nearly 900 projects in development on the network. The figure has grown by roughly 400 since March, after IOHK Vice President Tim Harrison shared that the total stood at around 500.
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