Cardano successfully launches its first ZK-smart contract on the mainnet using Halo 2 technology, unlocking new possibilities for blockchain scalability 🚀

Cardano has successfully launched its first ZK-smart contract on the mainnet using the Halo 2 technology. This event marks an important step towards the implementation of ZK-applications in the Cardano ecosystem. The transaction involved freezing and unfreezing funds using Zero-Knowledge proofs, which required a fee of 2.03 ADA (around $1.90). The feature of Halo 2 is recursive proofs, which enhance scalability and security of the blockchain. This development strengthens Cardano's strategy for innovation and network expansion.