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Tag: Cardano News

Charles Hoskinson Says “So Much to Learn from Cardano” As He Takes a Swipe at Aragon Co-Founder.
18May By CryptolifedigitalNo Comments
Cryptocurrency

Charles Hoskinson Says “So Much to Learn from Cardano” As He Takes a Swipe at Aragon Co-Founder.

In the late tweet, Cardano founder Charles Hoskinson took a swipe at Aragon co-founder Luis Cuende. The latter had chastised Hoskinson's reply to Ethereum co-founder Vitalik Buterin's recent tweet concerning his contradictions in values. The Cardano founder had earlier responded to Buterin, saying, "It's not too late to come to Cardano." Read Also: SHIB Follower Number on Twitter Now Matches That of Dogecoin—3.3 Million https://twitter.com/IOHK_Charles/status/1526594761469087747 In a popular Twitter thread, Buterin opened up about contradictions in his values. Despite his love for decentralization and democracy, the Ethereum cofounder confessed that he tends to agree with intellectual elites more than ordinary people on many policy matters. In his response to the A...
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As Part of Vasil Hard Fork, Cardano’s Smart Contracts to Decrease Transaction Size in New Update
18May By Cryptolifedigital5 Comments
Cryptocurrency

As Part of Vasil Hard Fork, Cardano’s Smart Contracts to Decrease Transaction Size in New Update

The Cardano insight Twitter account stated that the Cardano network will ‌soon present a decreased smart contract transaction size after developers use CIP 31-33 proposals that will go live on Vasil Hard Fork. Read Also: What To understand As Far As P2P Is Concern. https://twitter.com/InsightsCardano/status/1526811482712944641 Cryptocurrency enthusiasts should already be familiar with a mechanism similar to Cardano improvement proposals, which were presented on the Ethereum network and called  "Ethereum Improvement Proposals." CIPs are formal, technical communication processes that happen off-chain and are designed to provide information to the Cardano Community. CIPs are not presented as commitments to existing projects on the Cardano blockchain and act ...
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Charles Hoskinson Backs up His Predictions, 4 Million Assets Were Issued on Cardano Ecosystem
17May By CryptolifedigitalNo Comments
Cryptocurrency

Charles Hoskinson Backs up His Predictions, 4 Million Assets Were Issued on Cardano Ecosystem

Cardano founder Charles Hoskinson responds to a critic who claims that his July 2020 prediction of the number of assets coming to Cardano has not yet come to fruition. Pointing to his framed July 2020 tweet, the Cardano founder responded, "Aged great," while referencing the Cardano ecosystem tracker, Cardano Cube. He notes that four million assets have been issued on Cardano. Read Also: 130.5 billion SHIB To Grab By the 1 Trillion Whales. https://twitter.com/IOHK_Charles/status/1526124603202056192 The number might even be higher, as recent statistics from IOHK show that 4.7 million native tokens have been issued on Cardano. Also, 937 projects are being built on Cardano, with 84 recent projects. Cardano is a proof-of-stake blockchain that uses network validators ...
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Cardano Experiences Main Milestone of 700,000 Users
16May By Cryptolifedigital4 Comments
Cryptocurrency

Cardano Experiences Main Milestone of 700,000 Users

As stated by the Cardano insights Twitter account, the project is about to celebrate 700,000 users on their subreddit as the number of wallets opened on the network exceeds 3.6 million. The Cardano ecosystem is expected to see the 700,000th user joining the subreddit in about two weeks, which will make the Cardano network one of the biggest crypto communities on the site. Read Also: Polkadot Recovers Another 7% Despite Bitcoin Slumps Below $30,000: Weekend Watch https://twitter.com/InsightsCardano/status/1525948012912058371 Cardano insights also added that most users interested in the blockchain are using an outdated wallet with no support for decentralized applications, which became a major factor for the advanced growth of the network. Despite the rising ...
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Cardano Founder, Charles Hoskinson: Vasil Hard Fork on Track, Testnet Set to Release by End of May
14May By Cryptolifedigital6 Comments
Cryptocurrency

Cardano Founder, Charles Hoskinson: Vasil Hard Fork on Track, Testnet Set to Release by End of May

Cardano founder Charles Hoskinson has stated that the Vasil Hard Fork remains on schedule. Cardano and its smart contract platform, Plutus, are set to undergo significant enhancements in the Vasil Hard Fork slated for June 29. Read Also: Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says https://twitter.com/InputOutputHK/status/1525152651117215744 To that end, IOHK hints that the testnet might launch by the end of May. https://twitter.com/InputOutputHK/status/1525152651117215744 Hoskinson has shown positive expectations that the forthcoming Vasil Hard Fork upgrade might provide a "massive performance improvement to Cardano" and its smart contract capabilities. The upcoming Vasil update will integrate four differ...
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Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says
14May By Cryptolifedigital2 Comments
Cryptocurrency

Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says

On May 12th, the Santiment analytics team observed an increase in Whale transactions on the Cardano chain, while the price dipped to the $0.40 level. The tweet even specified the times when this rise in transaction volume occurred – between 8 a.m. and 12 p.m. Read Also: What To Know About NFTs – A Guide to the Latest Trend in Blockchain Santiment said that whale transaction spikes as such are often followed by ADA price reversal. https://twitter.com/santimentfeed/status/1525197457847558144 currently, the top 7 coin ADA is trading at $0.5301 after recovering to the $0.6 zone from $0.4. At the moment, ADA is 82.72 percent below its historic peak of $3.10 reached on September 2. This year, on January 18, the coin managed to rise to a high of $1.6. Read Also: OpenSea NFT H...
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Cardano Launches New Daedalus Wallet Updates
13May By Cryptolifedigital1 Comment
Cryptocurrency

Cardano Launches New Daedalus Wallet Updates

Cardano's IOHK has brought to air that a new version of the Daedalus wallet, Daedalus 4.10.0 for mainnet, is now available. Daedalus 4.10.0 improves the display of unnamed native tokens and adds support for the Windows development environment, as well as fixing a pairing issue for Ledger Nano S on Windows. Read Also: Stepn (GMT) Rallies by 75% Following Massive Market Correction, GALA and MANA Report 60% Gains https://twitter.com/InputOutputHK/status/1524808698094358529 This release also includes a series of bug fixes and customer interface enhancements and integrates the present version of the Cardano wallet (which aids Cardano node 1.34.1). In another update from  IOHK, an invitation to a developer event on June 8 in Austin, Texas, is offered ahead...
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Cardano, Dogecoin, Shiba Inu Post Double-Digit Gains as Market Rebounds
13May By Cryptolifedigital2 Comments
Cryptocurrency

Cardano, Dogecoin, Shiba Inu Post Double-Digit Gains as Market Rebounds

As stated by the CoinMarketCap data, large-cap altcoins Cardano, Dogecoin, and Shiba Inu were seen posting double-digit gains at the time of publication. Cardano was up as much as 30%, while meme cryptocurrencies Dogecoin and Shiba Inu posted gains of 18.18% and 25.39%, respectively. Read Also: Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market Notwithstanding, the altcoin market had started to rebound elsewhere. Tether, the biggest stablecoin used in cryptocurrency exchanges to facilitate trade, has recovered from a previous mini-drop, assuaging fears on the general cryptocurrency market Tokens underpinning key DeFi protocols also recovered as several altcoins posted significant gains. Shiba Inu's recent listing on the Dubai exchange, Rain, has...
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Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market
13May By Cryptolifedigital2 Comments
Uncategorized

Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market

Almost all of the crypto market has turned green, except for a few exceptions like Terra (another 99% daily dump). After several days of massacres, bitcoin finally initiated an impressive leg up, resulting in a $6,000 green daily candle. Most altcoins also joined the ride, with massive price increases from Cardano, Polkadot, Avalanche, and others. Read Also: SHIB Spike 25% as Token Gets Listed on Top Middle East Crypto Exchange Bitcoin Taps $30K The volatile nature of the cryptocurrency market has been quite evident in the past ten days ago. On May 5, bitcoin stood close to $40,000, with the community anticipating another price jump. Still, the reality was majorly more brutal and violent. BTC was firstly dumped by $4,000 in hours before sliding below $34k just a few days af...
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Cardano Founder Shares Latest Information on Stablecoin Djed
11May By Cryptolifedigital2 Comments
Cryptocurrency

Cardano Founder Shares Latest Information on Stablecoin Djed

In a recent tweet, Cardano founder Charles Hoskinson has indicated the progress made on the Djed stablecoin building on Cardano. Djed, a decentralized algorithmic stablecoin for Cardano, developed by IOG and issued by COTI, was launched on the public testnet recently. Cardano founder Charles Hoskinson notes this as a major milestone for algorithmic stablecoins. Read Also: Dogecoin Foundation Employ Web Developer https://twitter.com/IOHK_Charles/status/1524295637298302976 The Cardano founder initially took a swipe at Terra following the UST collapse. Terra’s algorithm stablecoin, UST, suffered a fre fall to lows of $0.26 on May 11 after losing its peg. Terra’s native asset, LUNA, has also declined nearly 93% as the incident fueled negative sentiment among Terra holders. Char...
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