Cardano is a decentralized blockchain platform and cryptocurrency created in 2017. Its native cryptocurrency, ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystem through its use of a proof-of-stake consensus algorithm, which requires less energy than traditional proof-of-work algorithms.
Cardano’s development is driven by a scientific approach, with a focus on academic research and peer-reviewed papers. Its goal is to create a scalable and interoperable blockchain that can support a wide range of decentralized applications and use cases.
Cardano’s team has also created a unique governance model that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.
TL;DR Significant advances in Cardano technological development during the week. Preparations for the release of important updates and improvements in different areas of the project. Notable
TL;DR Wallet Growth: Cardano’s wallet count has surpassed 4.65 million, with an average daily increase of 2,100 wallets, highlighting significant adoption and growth. Smart Contract Expansion: The network
TL;DR Mehen Finance has launched USDM, the first fiat-backed stablecoin on the Cardano blockchain, marking a significant step towards broader adoption. The stablecoin is fully backed
TL;DR Charles Hoskinson refutes rumors about the abandonment of the Hydra scaling project. He highlights the importance of Hydra in Cardano’s roadmap for scalability. He emphasizes
TL;DR Cardano P2P Upgrade: The community is urged to update pools to the 8.7.3 full P2P version to fix a bug and enhance security, with 68% adoption among
TL;DR Hoskinson reaffirms leadership in Cardano and dispels rumors of departure. Hoskinson’s active participation on social media reassures the community. The Midnight project aims to protect
TL;DR Cardano (ADA), a proof-of-stake blockchain platform, has added $2 billion to its market value within a 24-hour trading session, driving its market capitalization to $27.68 billion.
TL;DR Arthur Hayes, ex-CEO of BitMEX, shares his views on the crypto market, its trends, challenges, and opportunities. Hayes predicts a bull market for Bitcoin and Ethereum, but
TL;DR Charles Hoskinson, CEO of Cardano, accuses the XRP community of carrying out an intense campaign of attacks against him. During a question and answer session,
TL;DR Sui has experienced a rapid ascent in the DeFi space, surpassing competitors like Aptos, Cardano, and Near in terms of total value locked (TVL), with
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy
