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Tag: Cardano

Cryptocurrencies May Not Be the Answer in Times of Economic Instability, Research Says

Category: Altcoins, Bitcoin, Finance, Investment, News, Tech

Cryptocurrencies May Not Be the Answer in Times of Economic Instability, Research Says

The design and behavior of cryptocurrencies may make it an unsuitable replacement for fiat currencies, especially for people in economic and financial turmoil, noted fintech and blockchain research publication Diar on September 11, 2018.  Significant Degradation in Purchasing Power Diar recently published data that explores a range of cryptocurrencies from Bitcoin, Ripple, Bitcoin Cash, to ZCash and Nano. According to the data…

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What is Cardano’s Ouroboros Protocol?

Category: Blockchain, Development, Ethereum, News, Platform

What is Cardano’s Ouroboros Protocol?

Cardano is one of the most interesting blockchain platforms on the market today. Founded by a co-founder of Ethereum Charles Hoskinson, the blockchain platform was born out of the desire to standardize the development of new cryptocurrencies.  The Cardano Protocol Put more simply, Cardano is attempting to revolutionize the way cryptocurrencies are built by introducing the concepts of scientific research…

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IOHK Launches Second Blockchain-Based Contract Testnet Called IELE

Category: Blockchain, News, Tech

IOHK Launches Second Blockchain-Based Contract Testnet Called IELE

IOHK, a Hong Kong-based enterprise specializing in blockchain-based finance solutions, launched its second Cardano smart contract testnet dubbed “IELE” on July 30. IELE offers secure and efficient financial infrastructure to its potential users, in the form of a virtual machine designed to execute smart contracts on the Cardano blockchain. Additionally, developers will have a chance to fully explore the smart…

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Cardano: Creating Real use Cases for Blockchain Technology Globally

Category: Altcoins, Blockchain, Business, Development, News, Tech

Cardano: Creating Real use Cases for Blockchain Technology Globally

At a time when some have questioned the usefulness of distributed ledger technology, with officials of the Bank of International Settlements even claiming that blockchain will crash the entire internet if it were to handle the kind of transactions traditional databases of apex banks process on a daily basis. However, the Cardano (ADA) team is using the revolutionary blockchain technology…

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Community Calls out Stagnation, Cardano Answers with Rebranding

Category: Altcoins, News, Tech

Community Calls out Stagnation, Cardano Answers with Rebranding

IOHK announced on June 7, 2018, that they would be refreshing the Cardano branding to provide the community with more functional and information-rich updates. Cardano Resurrects After Community Demand In recent months, Cardano (ADA) came under fire from members of the broader cryptocurrency community who mostly believed the project development had stagnated, to the point of stalling, labeling the project…

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Cardano Launches First Smart Contracts Testnet, with Another Due for July

Category: Altcoins, Blockchain, News, Tech

Cardano Launches First Smart Contracts Testnet, with Another Due for July

Cardano, the world’s seventh largest cryptocurrency by market cap, quietly launched its first smart contract testnet on May 28, 2018, and the developments are tremendously forward thinking. Building Trust in Blockchain Projects According to an official release by IOHK, Cardano’s parent organization, the blockchain project launched its KEVM testnet, a “correct-by-construction” version of the Ethereum Virtual Machine (EVM), on Cardano’s…

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IOHK Introduces VR Tool to Explore Bitcoin’s Blockchain

Category: Altcoins, Blockchain, News, Tech

IOHK Introduces VR Tool to Explore Bitcoin’s Blockchain

Cardano’s creator IOHK will soon be rolling out a virtual reality (VR) based educational tool aimed at introducing blockchain technology to students. With the help of VR, learners will be able to experience blockchain technology in a rather novel way. The announcement was made by IOHK CEO, Charles Hoskinson. Cardano and Virtual Reality The Virtual Reality model will have the…

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Five Major Crypto Mainnet Launches Scheduled for Q3 and Q4 2018

Category: Altcoins, Blockchain, News, Tech

Five Major Crypto Mainnet Launches Scheduled for Q3 and Q4 2018

There are five major mainnet launches of different projects scheduled for 2018. These include those belonging to Tron, EOS, Zilliqa, VeChain, and Cardano. Each of these five projects is currently under development, and their test net versions have been released to selected developers for testing. Tron Project On March 31, 2018, Tron founder Justin Sun went live on Twitter and…

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Weekly Cryptocurrency Market Outlook May 8: Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar

Category: Cryptocurrency Market Outlook

Weekly Cryptocurrency Market Outlook May 8: Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar

BTCManager’s Weekly Cryptocurrency Outlook highlights the price action and technical indicators on a long-term basis to identify the best opportunities in the largest cryptocurrencies, such as bitcoin, ether, and others. BTC-USD (Bitstamp) Bitcoin exhibited the fifth week of straight gains for the week ending May 6. The weekly chart below shows that we have observed three record sessions, or near…

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Cardano Founder Signs Deal With Ethiopia to Explore Blockchain and AgriTech

Category: Altcoins, Blockchain, Business, News, Tech

Cardano Founder Signs Deal With Ethiopia to Explore Blockchain and AgriTech

Announced on May 3, IOHK has signed a memorandum of understanding (MOU) with Ethiopian government to onboard local developers to leverage Cardano’s blockchain platform and develop the AgriTech sector. Ethiopia is Fertile Land for Blockchain Tech The world’s most populous landlocked country Ethiopia has jumped on the blockchain bandwagon to boost its agriculture industry. The IOHK signed an MOU with…

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