Here's the most recent fintech, crypto and blockchain news from all around the globe:

Cryptocurrency Hub online community appreciates and cherishes the time and effort its members invest communicating, interacting and contributing on its platform and as a token of appreciation and giving back to the community we came up with a a prize points system based on members activities in the community! Yaaaaayyyyyy 😎

So that's how it will work:

Registered members earn points based on certain activities. Each activity has a number of points for each action taken. These points will be added for each member automatically.

Points will be calculated according to the below formula (subject to change upon the discretion of the admins):

Don't forget that you can invite new members to our community and help it grow while collecting points for each invited member! 🤪

The regular crypto giveaway will be in the form of weekly Cardano (ADA) and monthly Ripple (XRP) prizes! 🎁😁

Weekly Cardano (ADA) prizes (2 winners):

Every end of the week a First Prize will be given to 1 winner (1st highest number of activity points collected for the corresponding week): 30 ADA

Every end of the week a Second Prize will be given to 1 winner (2nd highest number of activity points collected for the corresponding week): 20 ADA

Monthly Ripple (XRP) prizes (1 winner):

Every end of month one Prize will be given to 1 winner (with the highest number of activity points collected for the corresponding month): 50 XRP

Members usernames will be of course announced in due dates and contacted to have their crypto prizes transferred to their wallets addresses.

Remember the more you are active and contributing to the growth of our online community the more points you earn and the more chances you get to win BIG with us! 😛🤗

Good luck to everyone! 👏

Cardano, with its innovative approach to blockchain technology, is gaining momentum in India's thriving blockchain development landscape. Let's delve into the rise of Cardano and explore the emerging trends in blockchain development in India, with a focus on Cardano blockchain development companies.

As Cardano continues to evolve as a leading blockchain platform, it's crucial to understand its impact on the Indian blockchain ecosystem. With its focus on scalability, interoperability, and sustainability, Cardano offers a promising foundation for various blockchain-based solutions across industries.

In India, the demand for blockchain development services, including Cardano, is witnessing significant growth. As businesses and enterprises explore the potential of blockchain technology to streamline operations, enhance security, and foster innovation, the need for skilled blockchain developers and reputable development companies is on the rise.

When it comes to Cardano blockchain development in India, partnering with the right company is essential to harness the full potential of this advanced blockchain platform. Here are some key considerations when choosing the best Cardano blockchain development company in India:

1. Expertise and Experience: Look for companies with a proven track record of expertise and experience in Cardano blockchain development. Assess their knowledge of Cardano's unique features, such as its layered architecture, proof-of-stake consensus mechanism, and smart contract capabilities.

2. Portfolio and Projects: Review the portfolio and past projects of Cardano blockchain development companies in India. Evaluate their experience in developing and deploying Cardano-based solutions across various domains, such as finance, healthcare, supply chain, and decentralized applications (DApps).

3. Technology Stack and Tools: Inquire about the technology stack and development tools used by Cardano blockchain development companies. Ensure they have access to the latest Cardano development frameworks, libraries, and resources to build robust and scalable applications.

4. Compliance and Regulation: Compliance with regulatory requirements and industry standards is critical in blockchain development, especially in sectors like finance and healthcare. Choose a Cardano blockchain development company in India that prioritizes compliance with relevant laws and regulations, such as KYC/AML (Know Your Customer/Anti-Money Laundering) and data privacy regulations.

5. Collaboration and Communication: Effective communication and collaboration are essential for successful blockchain projects. Partner with a Cardano blockchain development company that values transparent communication, understands your project requirements and actively involves you in the development process.

6. Support and Maintenance: Post-launch support and maintenance are vital for the long-term success of Cardano blockchain projects. Ensure the development company offers comprehensive support, regular updates, and timely bug fixes to keep your Cardano-based applications running smoothly.

By partnering with a reputable Cardano blockchain development company in India that aligns with your project goals, requirements, and values, you can embark on a successful journey to leverage Cardano's capabilities and drive innovation in the Indian blockchain ecosystem.

BBC and ITV submitted a joint bid and are sharing insurance of the games-ITV showing  of the institution video games, the BBC one-at the same time as knockout video games will be divvied up at a later date. Each broadcasters will show the final.

https://www.newbloggingaboutanything.com

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According to founder Charles Hoskinson, Cardano’s development is exciting this summer.

In a recent video, Hoskinson shared his vision for the project’s future, setting high standards for expansion and advancement. He also stressed the importance of regulatory certainty to ensure Cardano’s long-term success. With strategic partnerships and a focus on regulatory stability, Hoskinson seeks to decentralize the network and expand the Cardano ecosystem.

Decentralization and expansion of Cardano’s network

Hoskinson has an ambitious plan for next summer, which includes forming strategic alliances to decentralize the Cardano network further. His goal is to enhance the functionality of Smart Contracts and expand the project ecosystem.

The vision is to establish Cardano as a scalable, secure, and durable blockchain platform by meeting these goals. With a more decentralized network, Cardano developers expect to offer better services and attract more developers and investors.

Importance of regulatory stability

In addition to the technical expansion, Hoskinson highlights the need for regulatory stability in the cryptocurrency industry. He recognizes the importance of complying with legal requirements to encourage innovation, protect consumers and ensure the long-term viability of cryptocurrencies.

Hoskinson advocates creating a climate that promotes the growth and use of cryptocurrencies through explicit rules and regulations. Transparent regulations are especially relevant as institutional investors show interest in cryptocurrencies and can provide certainty to Cardano stakeholders.

Cardano’s recent successes and potential

ADA’s recent successes have strengthened its market position and increased investor and user confidence in its potential. Cardano’s Total Locked-in Value (TVL) has reached new levels, demonstrating the growing interest in Cardano within the DeFi ecosystem.

These achievements further support the project’s appeal and increase the anticipation around the ideas and improvements Hoskinson will reveal in the coming weeks. The cryptocurrency community is eager to see how Cardano will develop over the summer and how the project will address regulatory challenges to ensure its long-term viability.

Hydra: Cardano’s Innovation for Scalability

During his video update, Charles Hoskinson highlighted the importance of Hydra, Cardano’s layer two technology. “We’re seeing great progress on the Hydra layer,” Hoskinson indicated, suggesting that his development team is on the right track toward implementing this critical piece of Cardano’s infrastructure.

Hoskinson emphasized that “Hydra is important because it will allow Cardano to adapt as it grows, to serve more users and process more transactions.” Hydra plays a crucial role in Hoskinson’s long-term vision for Cardano. Growth and adaptability are essential in the dynamic and constantly evolving world of cryptocurrencies, and scalability is a critical factor in this equation.

Not only that, but the implementation of Hydra is one of the most awaited developments on Cardano’s calendar for this year. “One of the most thrilling things this year is that we will see the implementation of Hydra,” Hoskinson enthused. Cardano fans and cryptocurrency enthusiasts will undoubtedly be keeping an eye out for this news.

Charles Hoskinson on open-source mentality

He stated that “Hydra is being built open-source. We follow an open-source model because we want the entire community to participate.”

The open-source philosophy is fundamental in cryptocurrencies and blockchains, enabling collaboration and transparency in developing technologies. By adopting this approach, Cardano ensures its technology is open to community review and contribution and aligns with the industry’s decentralized ideals.

He noted, “We believe that building Hydra open-source is the best way to secure its long-term success.” In this regard, Hoskinson sees the open-source model as a critical factor in ensuring that Hydra lives up to expectations and can adapt to future challenges in the cryptocurrency space.

Finally, Hoskinson highlighted that “building Hydra is an important milestone for us, a game-changing innovation in terms of scalability in cryptocurrency.” This statement reinforces that Hydra is important to Cardano and can influence the entire cryptocurrency industry.

“By developing Hydra, we are anticipating the future of the Cardano ecosystem, and that is something we are very excited about,” concluded Hoskinson. Continuous innovation and anticipation of the future are critical to success in the cryptocurrency industry, and Cardano is on the right track.

Governance and Democracy in Cardano: Giving the Community a Voice

In his video, Charles Hoskinson addressed the governance issue in the Cardano network. He stressed that “governance is a key element to the long-term success of any cryptocurrency. At Cardano, we are working to ensure that governance is open, transparent, and democratic.“

Hoskinson emphasized that Cardano is implementing a governance model allowing the community to participate actively in decision-making.

“We are creating a system where ADA holders can vote on improvement proposals. We believe this is crucial to make certain that Cardano’s direction is in the hands of those who care most about its future.”

Charles Hoskinson

This approach seeks to decentralize the network further and, in doing so, allow ADA holders to influence Cardano’s future direction. This vision represents a commitment to democracy and active community participation in Cardano’s evolution.

Conclusion

Charles Hoskinson’s vision for Cardano this summer promises exciting developments and breakthroughs. His plans for decentralization, network expansion, and his focus on regulatory stability highlight Cardano’s ambition to become a leading platform in the blockchain industry.

Moreover, the project’s recent successes and increasing Total Blockchain Value support its potential to attract more investors and users. The crypto community is fervently awaiting the upcoming ideas and improvements that Hoskinson will unveil, hoping they will propel ADA, Cardano’s native cryptocurrency, to outperform Bitcoin, Ethereum, and other prominent cryptocurrencies.

In Short

• Despite the recent downswing, the Cardano ADA token, Total Value Locked, increased over 114% Since Feb.
• The Minswap exchange leads this figure with $57 million in blocked ADA.

Cardano’s TVL Over 400 Million ADA. The Cardano token price has touched $0.353 (May 11th), breaking the $0.36 support. However, the DeFi system of the said blockchain continues to grow. So what is the reason for such a paradox? Cardano achieved a significant milestone, as its blockchain’s total Value locked (TVL) surpassed ₳420 million. This achievement comes just over a month after TapTools, a Cardano wallet tracker, predicted a substantial increase in the network’s TVL.

It is worth noting that TapTools made this prediction and highlighted several factors that could play a crucial role in Cardano’s explosive growth in the coming months. Precisely the Cardano DeFi ecosystem has reached a TVL of ₳428 million, according to DefiLlama. This figure amounts to approximately $155 million when converted to U.S. dollars.

Indeed, if we take a short-term look, it could look more attractive, but ADA’s performance in 2023 is a 116% increase in Total Value locked in since the beginning of the year. In addition, Cardano’s TVL has seen an increase of almost 8% in the last month, indicating a steady adoption and expansion of its DeFi ecosystem.

Minswap takes the lead

Looking at the blockchain data, it becomes clear that Minswap is the leading protocol on Cardano’s network by a significant margin, with a TVL of $57 million. This decentralized exchange has a market share dominance of 29.84%. Indigo is the second-highest secured debt protocol, with a TVL of $30 million.

Other notable protocols within the Cardano DeFi ecosystem include WingRiders, Djed stablecoin, and Liqwid, which have TVLs of $15.6 million, $13.9 million, and $12.2 million, respectively. It is also worth explaining that the Total Value locked metric estimates the cryptocurrency locked within the DeFi protocols on a specific blockchain.

You can compute TVL by summing up the value of all crypto assets locked in various DeFi protocols, including cryptocurrencies used as collateral, liquidity, or staked in various DeFi applications. This metric is essential for measuring economic activity and how relevant a particular project is.

What is Total Value Locked (TVL)?

Total Value Locked (TVL) in crypto refers to all cryptocurrency assets currently locked in various DeFi protocols. DeFi stands for decentralized finance, which refers to financial applications built on blockchain technology, allowing users to access financial services without middlemen like banks or traditional financial institutions.

TVL is an essential metric for measuring the success and growth of the DeFi ecosystem. It provides an overview of the total assets users utilize within DeFi protocols. The higher the TVL, the more popular and successful the DeFi protocol is among the crypto community.

TVL has become an increasingly important metric in the crypto space, providing insight into the overall health and adoption of DeFi protocols. As DeFi continues to gain traction and mainstream adoption, TVL is likely to become an even more important metric for measuring the success and growth of the DeFi ecosystem.

What to expect from Cardano (ADA)price?

Altcoins may face challenges at this time due to the recent interest rate increase by the Fed. In the coming months, the Fed must stop this draconian policy for the price of altcoins to resume its recovery path from its all-time highs of 2021. Therefore, amid this uncertainty, the projection shared by most analysts is bearish. Dan Gambardello, a well-known cryptocurrency trader and analyst, offered an example of this view and said that ADA had been trapped in a prolonged period of sideways price action, generating frustration among investors.

Gambardello further explained that ADA’s chart formed a significant red rectangle, signifying a consolidation phase that lasted for nine months, with a narrow price range between $0.43 and $0.31. Although the altcoin broke out of this range, it quickly returned. However, he emphasized that prolonged periods of sideways movement are not unusual during bear market transitions.

Analyzing the daily chart of ADA from a technical point of view, the analyst highlighted a recent breakout of a descending wedge pattern. However, the price of the Cardano token struggled to overcome the resistance of the 20-day moving average. Leaving bearish projections aside, some events that may contribute to ADA resuming its upside are a resolution in the Ripple vs. SEC case and a worsening of the U.S. banking crisis.

In a recent analysis by popular cryptocurrency influencer Ben Armstrong, also known as BitBoy Crypto, the potential of Cardano‘s native token, ADA, to make millionaires in the upcoming bull run was explored. His “moon math” is designed to help investors understand what they need to achieve their millionaire dreams by investing in ADA.

The cryptocurrency market is still in a phase of consolidation, while most of the coins this week saw some minor advances. Prices appear to be gradually rising despite some bearish sentiments hovering around.

From the beginning of 2023, Cardano’s ADA has gained by nearly 50% and is currently trading at $0.39. Nonetheless, Cardano has encountered stiff competition at the $0.40 mark. In particular, Cardano’s digital asset has hit a “colossal” sell wall worth 3.85 billion ADA.

Analyst and cryptocurrency researcher Ali Martinez highlighted the IntoTheBlock data to show how “Cardano whales” (those holding between one and ten million) had just purchased 150 million ADA tokens worth $57 million.

As Ali Martinez showed, there is a lot of selling pressure between $0.40 and $0.42. According to Ali, there is a significant 3.85 billion $ADA sell wall between $0.40 and $0.42. He continued by saying that if ADA can surpass this barrier, nothing should stand in the way of a price increase.

NFTs (Non-Fungible Tokens) have gained immense popularity in recent years, with various blockchain platforms providing the infrastructure to support the creation and trading of NFTs. One of the latest platforms to enter this space is Cardano, a third-generation blockchain platform that has been making waves in the industry. In this article, we will explore the potential of Cardano NFT marketplace and discuss its benefits.

What is Cardano?

Cardano is a third-generation blockchain platform that was launched in 2017 by the IOHK (Input Output Hong Kong) team led by Charles Hoskinson. The platform is designed to be scalable, sustainable, and secure, and it uses a proof-of-stake (PoS) consensus mechanism. Cardano is unique in that it separates its settlement layer from its computation layer, allowing for more efficient transactions and improved scalability.

What are NFTs?

NFTs, or non-fungible tokens, are unique digital assets that are stored on a blockchain. They are often used to represent ownership of a digital item, such as artwork, music, or videos, and can be bought, sold, and traded like any other asset.

NFTs are different from cryptocurrencies like Bitcoin or Ethereum because each NFT is unique and cannot be exchanged for another NFT. This makes them ideal for representing ownership of one-of-a-kind digital items, as they cannot be duplicated or counterfeited.

NFTs are created using smart contracts, which are self-executing contracts that are stored on the blockchain. These smart contracts contain all of the rules and logic for the NFT, including how it can be bought, sold, and traded.

One of the key features of NFTs is that they can be programmed with certain properties and behaviors. For example, an NFT representing a piece of artwork could be programmed to automatically pay a small percentage of each sale to the original artist.

Overall, NFTs have quickly become a popular way to buy, sell, and trade digital assets, and their use cases continue to expand.

The Potential of Cardano as an NFT Marketplace

Cardano has the potential to be a major player in the NFT space, thanks to its advanced technology and unique features. Here are some of the benefits of make a Cardano NFT marketplace:

Scalability: One of the main advantages of Cardano is its scalability. The platform uses a layering system that separates its settlement layer from its computation layer, allowing for more efficient transactions and improved scalability. This means that Cardano can handle a high volume of transactions without compromising its performance.

Security: Cardano is designed with security in mind. It uses a proof-of-stake consensus mechanism, which makes it less susceptible to attacks than proof-of-work mechanisms used by other blockchain platforms. Additionally, Cardano's code is audited and reviewed by experts in the industry, making it more secure than other blockchain platforms.

Sustainability: Another advantage of Cardano is its sustainability. The platform is designed to be energy-efficient and eco-friendly, unlike other blockchain platforms that consume a lot of energy. This makes Cardano a more sustainable choice for NFT creators and collectors.

Interoperability: Cardano is designed to be interoperable with other blockchain platforms, making it easier to create and trade NFTs across different platforms. This means that NFT creators and collectors can reach a wider audience and trade their NFTs on multiple platforms.

Conclusion

In conclusion, Cardano has the potential to be a major player in the NFT space, thanks to its advanced technology and unique features. With the help of NFT development company Cronj, you can launch of an NFT marketplace on Cardano in the near future, NFT creators and collectors will have another platform to buy, sell, and trade their unique digital assets.

The NFT market has seen explosive growth in recent years, with more and more artists and creators utilizing this technology to sell their digital creations. Cardano's blockchain platform has the potential to become a major player in the NFT market, thanks to its unique features such as low transaction fees, fast processing times, and energy-efficient mining.

An NFT marketplace built on Cardano's platform could offer a more secure and efficient way for creators to sell their digital assets, while also providing a more user-friendly experience for buyers. With the continued growth of the NFT market, it will be interesting to see how Cardano's platform develops and evolves to meet the needs of creators and collectors alike.

References:

https://cardano.org/

Here's a brief overview where you'll see the most important aspects of this stablecoin coming soon to the Cardano network.

Pic by Antaranga on Pixabay

In Short

• DJED, the first stablecoin for Cardano, is just around the corner.

• It will be an "over-collateralized" stablecoin.

• Its operation has its base on ADA, DJED, and SHEN.

• SHEN is the token that brings additional properties to support DJED

• Decentralized exchanges are now ready to start trading DJED

The Cardano ecosystem is getting closer and closer to receiving its first official stablecoin, a coin known as DJED developed by the IOG (IOHK) and the COTI teams, which aims to expand the range of options available to those operating within the Blockchain.

Given that there are still many doubts about DJED, its proposal, its operation, and the mechanisms that will allow it to maintain parity with its reference fiat currency, below we present a summary with everything you need to know about this new stablecoin that arrives in the Cardano ecosystem.

What is DJED?

Other publications mention that DJED is a stablecoin that runs on the Cardano network. It will have parity with the US dollar. Although its operation is somewhat similar to other algorithmic currencies, specific differences make it more of an "over-collateralized" cryptocurrency.

Developers announced the proposal for creating this cryptocurrency at the end of September 2021, an initiative mainly designed to provide more options within Cardano's decentralized finance ecosystem. In this regard, its founding Djed White Paper reads:

"DJED is an algorithmic stablecoin protocol that acts as an independent bank buying and selling stablecoins for a price in a range linked to a target price. It is cryptocurrency-backed because the bank holds a volatile cryptocurrency in its reserve. The system uses the reserve to buy stable coins from users who want to sell them. And the proceeds from the sales of stablecoins to users are stored in reserve. In addition to stablecoins, the bank trades reserve coins to capitalize itself and maintain a reserve ratio significantly higher than one."

An overcollateralized stablecoin

In terms of its mechanisms that guarantee parity with the US dollar, DJED centers its operation on an over-collateralization model, which, although it has Cardano's native ADA token as the backbone for exchanges, also incorporates another asset known as SHEN that has additional properties to maintain the stability of the project.

Simply put, DJED works as follows:

• Its main collateralization cryptocurrency is ADA: Users can exchange DJED for ADA based on the associated exchange rate, for which there will be a Smart Contract from which swaps occur in both directions.

• Since the price of ADA can fluctuate based on market conditions, the SHEN token is introduced, which will serve as a second reserve asset and set a guaranteed rate on DJED of 400% - 800%.

• The parity of DJED with USD is over-collateralized, eliminating the need for a governance token, as seen in algorithmic models. The platform is fully decentralized, community-driven, completely open source, and has mechanisms for minting and burning DJED and SHEN.

The dynamics between ADA, DJED, and SHEN would guarantee the over-collateralization of the project, which goes even further than the simple algorithmic functioning under which some market exponents operate while ensuring complete decentralization as opposed to those stablecoins that work with fiat reserve systems.

Additionally, the DJED project will include periodic reserve testing of its assets, ensuring complete transparency in issuing, minting, and burning the associated tokens.

The role of SHEN

The interesting point for DJED comes from SHEN, the third component of the project that makes the difference and guarantees the stability of the project. It is a token whose value fluctuates according to the free market, but its owners can receive rewards for ADA for DJED and vice versa. The team explained its functioning as a reserve currency on its official COTI blog.

By buying and selling SHEN, users can maintain DJED's peg to USD while earning a share of the transaction fees in the reserve pool. Since the reserve currency is a tradable asset, users can also benefit from short- and medium-term price fluctuations as an additional incentive.

As SHEN will allow its owners to derive dividends from the exchange between ADA and DJED, developers designed the token so that its Smart Contract limits the possibility for someone to accumulate new tokens once they reach a maximum threshold. This detail will ensure fair distribution among existing holders.

And among the associated benefits for SHEN users, the COTI team notes:

• SHEN holders receive all DJED and SHEN minting/burning fees.

• They will soon introduce a proxy reward system for SHEN users.

• The SHEN price will also correlate with the price of ADA, boosted by an upward multiplier.

• And in addition to the above, confirmed Cardano-based decentralized exchanges will also open Yield Farming groups to generate rewards through SHEN.

DeFi services for DJED

Given the high expectations among Cardano developers, enthusiasts, and users, several platforms within the network's Decentralized Finance (DeFi) ecosystem have already confirmed that they have the necessary mechanisms to support DJED and SHEN.

There is already feedback from at least two DEX platforms on Cardano, MuesliSwap, and MinSwap that they are ready for the stablecoin launch and will offer these coins as part of the liquidity pools on their services. In addition to the above, COTI's developers have announced that they expect DJED to be available in more than 40 Cardano-based dApps by its launch.

Alongside the development of the stablecoin, COTI has also been working on a DjedPay, a payments application using the stablecoin, which would allow users to transfer tokens to merchants and businesses.

Lars Brünjes, one of Cardano's leading developers, talked about the upcoming hard fork, "Vasil." He explains which improvements will result from the network upgrade.

(Pic by Andreas Prott on Adobe Stock)

Lars Brünjes holds a Ph.D. in mathematics, teaches courses on the Haskell programming language worldwide, and has been following Cardano from an early age as a developer at IO Global for over five years. The initial vision turned into a global network that has grown into one of the largest Smart Contract platforms.  

The Cardano native token ADA consistently ranks among the top 10 cryptocurrencies. With the upcoming hard fork "Vasil," Cardano is getting another upgrade that should significantly increase its performance. We wanted to know from Lars Brünjes: What are the concrete improvements, how does the scaling solution "Hydra" actually work, and where does Cardano stand out from Ethereum?

What to expect from the Vasil upgrade?

Smart Contracts will become more efficient and cheaper, i.e., they will need less memory and thus fewer transaction fees. With the upgrade, there is a change called Reference Inputs that allows certain classes of applications to transact much more simultaneously in one block than you could before.

It will be more powerful, perform better, faster, and lower storage space and transaction costs. For users, it will mainly be quicker and more affordable. For developers, there will be more opportunities to write even more powerful Cardano Smart Contracts that do more.

Hydra: The Layer 2 solution from Cardano

With the Hydra, Cardano's Layer 2 solution, you don't do transactions on the blockchain but off-chain. The mechanism is, in principle, quasi-free and as fast as you want. You exchange transactions independently of the blockchain, which is much faster and effectively free, but you can still use the blockchain to secure the transactions.

Bitcoin Lightning works similarly. You use features with time locks and half-signed transactions. Hydra has the same effect that you don't have to use the blockchain to do certain transactions, which is much faster and accessible but still has the security provided by the blockchain. However, Hydra has certain theoretical and practical advantages compared to Bitcoin Lightning.

The Smart Contracts you write for Hydra don't even need to know that they are running on Hydra. So it's a Hydra off-chain network. The part of the blockchain that Hydra handles looks precisely like the actual blockchain from the stakeholders' perspective. You don't have to customize code to run anything on Hydra specifically. That means it's much easier than taking existing stuff and running it on Hydra.

Cardano vs. Ethereum

Cardano has been developed from the beginning to be better than Ethereum and not to repeat the mistakes, especially not only those of Ethereum but also of Bitcoin. A big problem with Bitcoin and Ethereum is that they use Proof of Work (PoW), which is problematic, especially concerning climate change. Cardano was the first blockchain in the world where there was a mathematical proof that Proof of Stake (PoS) works.

Many people doubted the feasibility of PoS. Some even PoS was not valid as a consensus algorithm. Cardano showed that it is possible and is much more scalable and energy-efficient than Bitcoin and Ethereum, at least until the implementation of ETH2. Of course, it has environmental and very concrete financial consequences.

Transaction costs

The fact that the transaction fees on Ethereum are so high is ultimate because Proof of Work is so expensive. Ethereum's infrastructure for Smart contracts is bold and widely used. Solidity is the most commonly used programming language for Smart Contract development, but it quickly becomes costly. That's why Cardano developers made their blockchain so that the transaction fees are significantly lower.

They also provide two environments from Smart Contract Development. Based on Haskell, the Plutus programming language inherits many characteristics of its parent language, including its functional soul and secure development even at compilation time.

On the other hand, you can use a more straightforward alternative, at least apparently, named Marlowe. It is a Domain-Specific language that uses a graphical approach for programming.

Cardano is a third-generation of Blockchain technology that comes with a Proof-of-stake mechanism. it performs in more scalable and technologically adaptable at any tech emerging occurrence. In trending, NFTs have a set of audiences are occurred in every season and it hasn't downfall under any circumstance. Thus attract your customers via Cardano Blockchain-based NFT Marketplace with distinctive features to amaze your crypto audience. Quote your business requirements about Cardano NFT Marketplace Development with maticz to build your NFT Marketplace in the best place.

Wow cardano #ADA crossed the 3 dollars barrier! Looks unstoppable at this stage. Most probably it has to do with the imminent release of mainnet and smart contracts later this month, but still wow! 🤯

After such a long consolidation #Cardano $ADA finally crosses the long awaited 2 dollars mark! 🚀 🌚 Congrats to all #ADA hodlers! Your patience has well paid off! 🎉🎊💪🏻

Finally #Cardano $ADA gets to the 1 dollar mark 🤯! Congrats #ADA hodlers, your patience paid off BIG time 💪🏻🚀🌚

A high of 60 cents for #Cardano $ADA.

I think what boosted #ADA price is the trust & confidence the project instilled in his community promising #Goguen mainnet launch at around March 2021. At this rate we can easily see ADA crossing the 1 dollar mark by mid this year or earlier.

What a day for #Cardano $ADA and #VeChain $VET! 🤩💪🏻
#ADA high: almost got to 53 cents 🚀
#VET high: over 3 cents 🌚

#altseason #crypto #bullrun #trading

WOW! #Cardano $ADA rocketed to around 49 cents before dropping again and now trading around 43 -44 cents.

#ADA Testnet is officially in the multi-asset era. It's successfully forked & applied the #Goguen 'Mary' native token upgrade to the #Testnet. The NEXT stop is #mainnet, EOM!

What a lovely day for #Cardano $ADA! got to 46 cents earlier today and now trading for 44 cents! 🚀 🌚

I'm frankly not surprised at all with #Goguen smart contracts update imminent release and all the amazing stuff folks at @IOHKMedia and the one & only @IOHK_Charles are cooking!

Would you just look at that beauty 🤩
#Cardano $ADA trading for over 42 cents! 🚀🌚 What a glorious day for #ADA indeed!

Not sure if that's another pump this time picking ADA as their coin of choice. All what I know is that I feel thrilled to see Cardano skyrocketing this way💪🏻🔥

#Cardano $ADA has it all:

1. Right fundamentals
2. Full decentralization
3. Stellar team of academic researchers
4. Massive #crypto community of supporters
5. A crystal clear development roadmap
6. Real life applications
7. A flawless smart contracts Ecosystem
#ADA can be No.1 🚀

#Cardano $ADA: the most decentralized network in the #crypto space! Don't take my word for it. Have a look at the attached screenshot. $ 6,743,368,303 in #ADA staked value!
Cardano is the very definition of what a genuine #blockchain project with real life applications should be!

Cardano has money inflow on the chart. the last time it happened there was a jump from .22 to .34 cents. If it pumps the same this time, your are looking at a .50 ADA in the next couple days. Alos, great fundementals, and Celsius just said they are moving to the cardano blockchain. It can do now what ETH 2.0 is trying to do with scaling and lower fees. And it is code compatable with ETH so that ERC-20 tokens can easily move to this blockchain. It is in a great place to blast off.

On another front and despite the repetitive crashes everytime there's a #bullrun or #Bitcoin #btc hitting a new ATH, @coinbase is still a powerhouse of a #crypto #exchange and them listing #ADA will definitely and significantly boost the price of #Cardano. My estimation is sometime 1st quarter 2021🙏🏻

#Cardano #ADA price is already reflecting the cheer immensity and power of the ambitious project behind it. It is currently trading at 25 cents which has already exceeded the current price of #XRP and many other top #altcoins. This is even before the imminent release of #Goguen😍

#Cardano $ADA has witnessed a 21%+ surge in price those last 7 days 🤩💪🏻. #altseason is in full steam but don't forget the updates released by Cardano helped: the successful launch of #shelly #mainet, the imminent release of #Goguen and the heading towards complete #decentralization! 🚀🌚