Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Cardano
Cardano’s Shelly Mainnet: What is it and How Does it Operate?
The long-awaited launch is finally here, and investors are now anticipating what this launch means and how it will shape the blockchain market. Cardano's testnet went live on December 15th, 2019, and within 24 hours of going live, Cardano holders had staked over 5 billion ADA coins worth roughly $195 million. According to a Twitter report by the research and development company behind Cardano IOHK, over 120 staking pools went live within the first few minutes of operations. The tweet…
5 years ago
Charles Hoskinson Highlights Wyoming’s Trendy Cryptocurrency Developments
Charles Hoskinson donated $500k cryptocurrency to the University of Wyoming (Blockchain Research and Development Lab in Laramie) in the past week via Cardano’s research arm. After the donation, the joint creator of ETH and Cardano released an ask-me-anything session on YouTube. Hoskinson elaborated how fast the immediate wave of progress for cryptocurrencies is happening in the financial world. He praised Wyoming as a place to keep an eye on, noting the fantastic steps the state is taking towards the development…
5 years ago
The Beginner’s Guide to Cardano – What You Need To know
Cardano provides one of the most secure cryptocurrencies by mixing a scientific approach with philosophy. Most probably, the future of mainstream crypto as we know it. While miners inhabit most blockchain-based ledgers, Cardano amassed many mathematicians, scientists, and independent thinkers. Together they develop and support an open-source and patent-free platform where users can create and execute DApps and smart contracts faster on a multi-layer protocol. Like most decentralized and highly-promising public networks that use blockchain technology, Cardano has its native…
6 years ago
An Introduction to the Dapp Ecosystem
Imagine a day when your car, which sits idle 10 hours a day, puts itself up for rent. Imagine your computer, with idle GPU, utilizing it to render applications for others. Imagine your solar grid, which produced extra energy this month, automatically selling it to the highest bidder. All of this sounds too lucrative and Utopian. Well, yes. But that doesn't mean it can't be a reality. On the contrary, the era has already started when your applications will talk…
6 years ago