Cardano

Cardano is a decentralized public blockchain and cryptocurrency project launched in September 2017. The Cardano project consists of two layers: the first layer, which consists of a settlement layer, and the second layer, which consists of a computing layer.  Crypto staking is the process of holding a particular cryptocurrency to receive rewards. These rewards vary based on the number of coins or the time you hold them.  This process has become popular with investors and holders of various digital assets.…

Cardano Founder Charles Hoskinson has shared details of a week-long trip to Washington D.C, where he met with US lawmakers to discuss crypto-related policies. In a Youtube video, Hoskinson related his conversations which he says are another step towards changing how regulatory entities view the crypto industry. Crypto Policies in Need of Major Work Charles Hoskinson has reportedly spent the past few days mulling over the best course for regulation. In fairness, Hoskinson has always pushed clarity in government interactions…

On the Cardano ($ADA) network, Snoop Dogg aims to distribute unreleased songs as non-fungible tokens (NFTs). Clay Nation, a Cardano-based NFT project, collaborates with the rapper to make the change. What should we make of this new partnership? Most importantly, how can the deal affect the music and blockchain world? A New Way to Enjoy Snoop Dogg’s Music Snoop Dogg has long been a pioneer in hip-hop music and has contributed significantly to its development. Non-fungible tokens, the creation of…

After a long wait, many Cardano blockchain supporters saw SundaeSwap launch on the market a few days ago. This decentralized exchange (DEX) is the first experiment on the entire Cardano network. However, as we will see in this article, SundaeSwap has disappointed the first expectations of the market. Therefore, this article will analyze the SundaeSwap initiative and its initial problems that made traders nervous. Beyond these complaints, we will look beyond this initial DEX stop. In particular, we will propose…

Samsung wants to plant millions of trees with the help of the blockchain. Samsung Electronics America partnered with a company that uses the blockchain in its reforesting efforts. Veritree allows users to plant trees and verify that it produced the trees. They do this with the help of blockchain tech, tracking every step of the way. Samsung is partnering with climate solutions platform, Veritree, to manage the tree-planting initiative by harnessing blockchain technology to verify and track every step of the reforestation…

On Sunday, Bitcoin dropped more than 16% on its worse trading day since May. The largest crypto traded at a low at $43,000 before settling at above $47,000. Usually, other major cryptos follow Bitcoin's price movements. Unsurprisingly, most major cryptos posted losses in the double digits as well. For example, Ethereum, the second-largest crypto by market cap, dropped 15% to $3,900. Just yesterday, the most significant intelligent contract token traded at $4,600. Binance Coin traded at $545, dropping almost 13%…

2021 continues to be the defining year for Cardano (ADA). In terms of market capitalization, Cardano rose to the top as the third-biggest blockchain-based platform. As more Cardano projects step into the light, investors are optimistic about the future growth of Cardano. Cardano continues to become more flexible, sustainable, and fast as a uniform ecosystem. The consistent growth of Cardano has made it possible for projects to be viable and achieve growth without issues. Interestingly, ADA doesn’t share some centralization…

Crypto markets are in the red after a 7-week rally. Major cryptos dropped with Bitcoin on Tuesday, down from record highs just a week ago. Bitcoin was down 7.3% in the last 24 hours. At one point, the largest crypto briefly dipped below $60,000, going as low as $58,702. It later rebounded, trading at around $60,550. At the same time, the largest smart contract crypto Ethereum dropped 9.2% to $4,287. Binance Coin dropped to $583, 9% down in the same period. Solana…

Cardano is the first decentralized public blockchain platform developed on a research-first-driven approach. Charles Hoskinson, the co-founder of Ethereum, created it in 2015 and later launched it in 2017. It comprises a development team of global researchers and engineers. This platform's development continued thanks to academics, computer scientists, and their peer-reviewed papers. The Cardano ecosystem involves three founding entities that work together. These partners are EMURGO, IOHK Company, and The Cardano Foundation. Cardano in a Nutshell Cardano is a public…