Cardano [ADA] Solving the Sustainability Problem
Funding development efforts has posed to be quite a challenge especially seeing the fact that raising money via Initial Coin Offerings [ICOs] is a one-time-only occurrence
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.
Funding development efforts has posed to be quite a challenge especially seeing the fact that raising money via Initial Coin Offerings [ICOs] is a one-time-only occurrence
Input Output Hong Kong [IOHK], the company behind the Cardano blockchain, recently released two programming languages that will expand the programmability of smart contracts as well
The Cardano Foundation has taken further strides in getting its house in order as it elected a new chairperson and council members in the famous Swiss
Cardano [ADA] has had a 22.9% depreciation in value over the past seven days from around 0.04265 USDT on the 29th of November to 0.03289 USDT
As the chart demonstrates, Cardano [ADA] has declined over the past seven days as its price moved from $0.04627 to the current $0.04189, representing a 9%
IOHK have announced the date and venue of the inaugural PlutusFest where the organization and other players will look into the Plutus platform and its implications
The internal unrest in Cardano seems to have been settled in a rather civilized fashion. The chairperson, Michael Parsons, has officially resigned from his position as
Following Pascal Schmidt’s replacement of Michael Parsons as the chairperson of Cardano Foundation, the CEO of former parent organization of Cardano, Charles Hoskinson, expressed his thoughts
Despite a few intra-organizational conflicts, Cardano has a lot of positives to show for this year warranting a round of applause from various crypto enthusiasts. Dapps
One of Cardano’s parent organizations, Emurgo, has announced its plans to partner with IOHK to develop a new cryptocurrency exchange with Cardano as the base cryptocurrency.
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