The Cardano network is just hours away from reaching a tipping point of centralization. According to a Nov. 6 tweet posted by IOHK, the Shelley testnet is scheduled to enter its next epoch at 21:44 UTC when public stake pools will become responsible for producing the majority of all blocks. Related Prior to the rollout […]
Category Archives: Coins
Goguen, the forthcoming era of the Cardano blockchain, is inching closer to its full implementation. In the most recent rollout update, two Cardano project managers provided some important updates on the development progress. Native tokens are almost here The Goguen era will bring smart contracts and native tokens to the Cardano blockchain. According to […]
In a recent blog post, the IOHK team spread the word about the upcoming major upgrade for Goguen that will allow Cardano to implement token locking prior to the launch of native digital assets (other than ADA) and smart contracts. Token locking on the Cardano ledger and smart contracts to follow The blog post says […]
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Cardano is making serious inroads into the decentralized finance (DeFi) industry. In a Dec. 10 tweet, Input Output Hong Kong (IOHK) has announced its tie-up with peer-to-peer cryptocurrency exchange Bondly Finance. Ditching Polkadot for Cardano Bondly is the very first DeFi project that will be powered by Cardano. This, according to the announcement, […]
XRP is on the cusp of being pushed out of CoinMarketCap’s top 5 after Cardano (ADA) soared over 40 percent in a single day. Image by coinmarketcap.com The Ripple-affiliated cryptocurrency remains in the red due to its issuer’s mounting legal troubles that prompted many trading suspensions/delisting announcements. As reported by U.Today, Ripple Labs was sued earlier this week by […]
In 1996 Andrew Weinreich launched SixDegrees, the first social media network to allow users to create a profile, show their friends list, and search the web to connect with other users. Fast Forward almost 25 years and the landscape looks remarkably different, but looking at the road from initial conception to the current state of […]
After being decisively toppled by Polkadot (DOT), Ripple-affiliated cryptocurrency XRP is now on the verge of being surpassed by Cardano (ADA), according to data provided by CoinMarketCap. Image by coinmarketcap.com Last month, as reported by U.Today, the struggling token slipped below Litecoin (LTC) on Coinbase’s delisting announcement, but it then managed to claw back some […]
Charles Hoskinson, CEO of Input Output Hong Kong software development studio tasked with Cardano (ADA) blockchain progress, shares his roadmap for Plutus platform stress tests. Smart contracts on Cardano (ADA) will be open source from March 2021. Smart contracts on Cardano (ADA): “Dress rehearsal” is on the menu According to Mr. Hoskinson, Plutus, a Cardano-specific smart contracts environment, […]
Plutus is a Cardano-based smart contract environment. Once the Goguen phase of Cardano progress goes live in mainnet, it will be able to onboard smart contracts for decentralized applications (dApps) and decentralized financial protocols (DeFis). Now, all enthusiasts are invited to deploy their contracts in the Plutus Playground devnet environment. Developers can experiment with building […]