
Cardano Developer Input Output Announces Network Parameter Update
Cardano developer Input Output HK (IOHK) has announced another network parameter update on the Cardano network as part of its scaling plans for 2022.
CardanoĀ is aĀ decentralized blockchain platformĀ and cryptocurrency created in 2017. Its native cryptocurrency,Ā ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystemĀ 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 onĀ academic researchĀ and peer-reviewed papers. Its goal is to create a scalable andĀ interoperable blockchainĀ that can support a wide range ofĀ decentralized applicationsĀ and use cases.
Cardano’s team has also created a uniqueĀ governance modelĀ that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.

Cardano developer Input Output HK (IOHK) has announced another network parameter update on the Cardano network as part of its scaling plans for 2022.

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Cardano has not been spared the whims of moody bears reading from the development in the daily chart. Losses of the past three months have been

Input Output announced a new upgrade on the Cardano blockchain, increasing the block size by 8KB.Ā

ADAX DEX announced the release of version 1.0 On the Cardano blockchain. After six months of development, the platform is now ready.
![Cardano [ADA] sees massive bullish influx; More profits ahead](https://crypto-economy.com//wp-content/uploads/2022/01/michael-fortsch-VUOldPdIkjk-unsplash-e1642441916240.jpg)
Diverging from the stagnant price action of the cryptocurrency market, Cardano [ADA] went on to post almost 30% in weekly gains.
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