CARDANO
What is Cardano?
Cardano is a fully open-source decentralized public blockchain and cryptocurrency project built by blockchain engineering firm, Input Output (IOHK). The platform maintains operations for its ADA cryptocurrency, and is multilayered, which gives the system the elasticity to be easily maintained and upgraded with a soft fork. Cardano uses a proof-of-stake (PoS) system, which allows for greater scalability and reduces electricity requirements. Cardano is the first blockchain platform to evolve out of a scientific philosophy and takes a research-first driven approach. Cardano describes itself as a third-generation blockchain platform, aiming to significantly improve shortcomings of the first generation, Bitcoin, and the second generation, Ethereum, including smart contracts. Please see below for Cardano news, Cardano ADA price predictions, and more.
Cardano is a fully open-source decentralized public blockchain and cryptocurrency project built by blockchain engineering firm, Input Output (IOHK). The platform maintains operations for its ADA cryptocurrency, and is multilayered, which gives the system the elasticity to be easily maintained and upgraded with a soft fork. Cardano uses a proof-of-stake (PoS) system, which allows for greater scalability and reduces electricity requirements. Cardano is the first blockchain platform to evolve out of a scientific philosophy and takes a research-first driven approach. Cardano describes itself as a third-generation blockchain platform, aiming to significantly improve shortcomings of the first generation, Bitcoin, and the second generation, Ethereum, including smart contracts. Please see below for Cardano news, Cardano ADA price predictions, and more.
Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools
IOHK CEO Charles Hoskinson recently introduced Cardano’s delegation portfolios and hardware updates for Cardano in a recent YouTube video.
Cardano’s Shelley Mainnet Enters Epoch 3 With Two Major Milestones Accomplished
The Cardano Shelley mainnet has already reached two significant milestones ahead of epoch 3 — reaching the target of 1,000 registered stake pools and having the first block produced by an external party other than Input Output Hong Kong (IOHK) and Emurgo.
Cardano Launches Project Catalyst—One Step Closer to Fully Decentralized Era Voltaire
IOHK, the blockchain engineering company behind Cardano has launched “Project Catalyst” in part of the network’s transformation into a self-sustaining system. Cardano aims to build a set of governance tools and processes that puts the future of the network in every ADA holder.
Cardano’s Shelley Hybrid Era: How Decentralized is the Cardano Network So Far?
Cardano successfully launched Shelley on July 29, a move towards a more decentralized network, with over 800 stake pools registered on its network so far. Cardano also recently introduced Project Catalyst, its experimental treasury system for its decentralized voting and proposal procedures.
Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet
Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.
Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.
Cardano’s Project Catalyst: Building a Decentralized Financial System to Remove "Top-Down" Governance
In order to fulfill the final components for Cardano’s Voltaire, including its evolution into a self-sustainable blockchain, IOHK introduced a new experimental treasury system combining proposal and voting procedures — Project Catalyst.
Cardano’s Stake Pools Reached 700 Just Five Days after Successful Shelley Hard Fork
Cardano’s Shelley hard fork was successfully launched on July 29, and within 8 hours, 267 stake pools have already registered. The Shelley hard fork took Cardano’s network into its second phase of development, succeeding the Byron era. The Shelley update enables Cardano to become more decentralized and autonomous.
Cardano’s Shelley Hard Fork Successful, Network on its Way to Become the World’s Financial Operating System
Cardano’s second developmental phase, Shelley has been successfully launched, the hard fork was successful in transforming Cardano into the Shelley era from Byron.The hard fork took Cardano from its Byron era to Shelley, to enable the network to become more decentralized and autonomous.
Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October
Cardano’s Shelley hard fork has crossed the threshold of no return, where the system will automatically upgrade at the end of the current epoch, on July 29. IOHK CEO Charles Hoskinson announced in a live stream on YouTube: “The hard fork is a go, and we’re marching towards it. The Shelley era will begin on Wednesday.”