![Cardano [ADA] Foundation reflects at a year of "incredible growth"](https://crypto-economy.com//wp-content/uploads/2021/12/cardano-foundation.jpg)
Cardano [ADA] Foundation reflects at a year of “incredible growth”
Cardano foundation published a report about actions and performance results in 2021, calling it a year of incredible growth. The last months were very productive and
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.
Cardano foundation published a report about actions and performance results in 2021, calling it a year of incredible growth. The last months were very productive and
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Cardano-based lending platform MELD is all set to leverage the “Force Bridge” as a mechanism to ramp up liquidity for its platform.
Cardano introduced a new peer-to-peer (P2P) testnet. Input Output is now working with a small group of pool operators to test the functionalities. The testnet will
Cardano [ADA] has been on a downtrend since hitting an ATH in the first week of September. The post effects of the recent drawdown further dragged
Cardano’s [ADA] indecisiveness comes at a time when the broader crypto market attempted to revive the bulls. After an impressive September, the asset went on a
Cardano’s [ADA] rally earlier this year was a game-changer. However, the bullish trend flipped drastically. Unlike its peer altcoins, Cardano hasn’t established new all-time highs since
Cardano [ADA] has been in shambles after a slew of corrections this few weeks. Following the mammoth bearish month of October, Cardano depicted signs of recovery.
Cardano-based Ardana will build a cross-chain bridge between Cardano and NEAR protocol as per the terms of a new strategic partnership between the two teams.
Thanks to the Alonzo update, Cardano [ADA] managed to swoop in and join the big leagues. However, its current price inaction poses a serious threat. But
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