Category Archives: Solana (SOL)

Cardano Plunges 13 Percent Despite Smart Contract Launch

Cardano, the largest proof-of-stake blockchain, has successfully launched smart contracts after months of anticipation. The Alonzo upgrade was deployed at 10:44 p.m. UTC to much fanfare.     IOG CEO Charles Hoskinson is in a celebratory mood, urging Polymarket to donate $50,000 to the charity of his choice. As reported by U.Today, a prediction market, which […]

Charles Hoskinson Wins $50,000 on Alonzo Bet, Urges Polymarket to Donate Win to Kids Cancer Charity

On Sunday, Sept. 12, the long-anticipated Alonzo hard fork was launched on Cardano and enabled the smart contracts feature on this proof of stake (PoS) blockchain. The CEO of Input Output Global and founder of Cardano Charles Hoskinson has announced that he has won a $50,000 bet from the Polymarket team, a prediction market platform. The […]

Cardano (ADA) Welcomes First NFTs After Smart Contracts Release

Mr. Hammond, an expert in the Haskell programming language utilized in Cardano’s (ADA) architecture, displayed three non-fungible tokens created with a novel instrument. Pioneering “programmatic minting” on Cardano (ADA) According to Mr. Hammond, a first clutch of non-fungible tokens is released on Cardano (ADA) via Plutus script token factory. Just minted three NFTs using a Plutus […]

Cardano Creator Buries the Hatchet with Polymarket

Blockchain-based prediction market Polymarket took the high road and made good on its bet with IOG CEO Charles Hoskinson. It donated $50,000 on behalf of the mathematician and the Cardano community to the Magic Yarn Project. You good people https://t.co/giXIs77qEh — Charles Hoskinson (@IOHK_Charles) September 13, 2021 The largest of its kind non-profit organization crafts […]

Charles Hoskinson: MATIC Co-Founder Loses Alonzo Bet, Has to Donate $20,000 to Charity Now

Head of IOG and founder of Cardano, Charles Hoskinson, has taken to Twitter to announce that another donation to charity is coming related to Cardano. One of the MATIC co-founders has bet $20,000, saying that Cardano will fail to launch the smart contracts feature by Oct. 1. Sandeep Nailwal loses bet against Cardano According to screenshots […]

Cardano Alonzo Update: Over 100 Smart Contracts Already Running on Network

The world’s third-biggest blockchain has completed the Alonzo upgrade that brings smart contracts technology to the network. Implementation of the technology will help Cardano (ADA) to build a wide range of financial applications. Cardano is preventively solving the main issues of competing for blockchain by using predictable transaction costs. After the update, developers will be […]

Cardano (ADA) to Have Its Own DeFi Hub with Launchpad and DEX: Details

Backed by top-profile developers from EMURGO, Astarter decentralized finances (DeFi) hub is going to onboard pioneers of building on Cardano (ADA). Introducing Astarter: DEX, Money Market, Launchpad, Services According to the official announcement by the Astarter team, its product goes live to meet the requirements of 140+ early-stage companies ready to utilize Cardano (ADA) smart […]

Cardano to Have “Ultimate” Scalability with This Solution: Details

One week after Alonzo hardfork activation in mainnet, Input Output Global, the development studio behind Cardano (ADA), releases a detailed explanation of how the new platform can scale with Hydra. Advancing EUTXO with isomorphic state channels: What is Hydra? According to a blog post by IOG’s Software Engineering Lead Sebastian Nagel, Cardano’s (ADA) throughput will be increased […]

Cardano Creator Proposes New Term for Smart Contracts

IOG CEO Charles Hoskinson recently tweeted that the term “smart contract” is actually a misnomer when it comes to Cardano. Instead, he suggests that the community has to refer to the new functionality as “programmable validators.” The semantical inaccuracy was initially noted by IOG developer Matthias Benkort. In his thread, he claims that Cardano’s programmability […]

Cardano Creator Compares Burning ADA to Stealing Food

An angry and annoyed Charles Hoskinson recently lashed out at one of the viewers of his ask-me-anything session who mentioned the idea of destroying part of Cardano’s supply for the sake of scarcity. Not mincing words, Hoskinson said that the proposal stemmed from the user’s “greed and stupidity”: We are so glad that you can […]