Ardana, a decentralized ecosystem that had been working on a Cardano stablecoin, has halted development because of funding and project timeline uncertainty. Some in the community have called it a scam.
Ardana, a decentralized ecosystem on Cardano, has halted its development, much to the dismay of the crypto community. The project tweeted on Nov. 24 that “recent developments with regards to funding and project timeline uncertainty” were the reasons behind the halt. It did note that the code would remain open source and that others could build upon it if they wished.
Ardana Labs will hold any remaining…