The Cardano network continues to defy expectations and prove its doubters wrong. This time, the network has hit a new milestone, which suggests that users are indeed taking advantage of its smart contract functionality. Cardano Sees Significant Increase In Smart Contract Usage Data from Cardano Blockchain Insights has revealed an increase in the usage of…
Recently, the Cardano blockchain ecosystem and decentralized platform have experienced an unprecedentedly high percentage of load pressure, which has led to raised questions and concerns from the blockchain community. At the same time, its native token ADA’s price has struggled for months and has yet to record any significant gains and upside movements in the…
Cardano has been making important changes to its blockchain since the launch of smart contracts capability. This had brought with it an increased usage and thus needed to be more scalable to accommodate this increase. Since the launch in September, there have been a number of improvements to the network and the latest is the…
The Cardano Africa tour had been in full gear for a couple of weeks now, ending when Hoskinson had returned back to the States. Founder Charles Hoskinson had announced the tour after the successful launch of smart contracts capability on the blockchain and last month, the tour had kicked off. Hoskinson and the Cardano Foundation…
Cardano holds bragging rights for the network with the highest proportion of its circulating supply staked and it has not let go of this title. Cardano’s community is home to investors who are investing for the long term rather than trying to take short-term profits from the market. This means that most investors have their…
Bondly has announced a new functionality on the Cardano blockchain that is aimed at creators. Energy consumption has been a major problem on the Ethereum network, especially given the increased usage of the blockchain over the past couple of months. Developers behind the project have been working towards moving the network to proof of stake…
Cardano successfully deployed the Alonzo Hard Fork Combinator over a month ago, which has no doubt been one of the most important upgrades to happen on the network Alonzo HFC brought with it smart contracts capability on the network and with this came decentralized finance (DeFi) services to the ecosystem. Developers could now develop and…
Cardano has now lost its spot at the 3rd place on the crypto top 10 as its price had refused to move in accordance with the broader crypto market. While other altcoins had rallied alongside bitcoin, ADA had remained mostly stagnant. Despite the hype created around the project when smart contracts capability was launched last…
NFTs have been live on the Cardano network for a while. Before smart contracts capability had debuted on the network, users were able to mint and sell NFTs without needing a smart contract address. This has been one of the pulls towards the network and users have taken full advantage of this capability to trade…
Cardano featured in the latest release of the Grayscale Building Blocks, a monthly publication from one of the leading crypto funds in the world. The report focused solely on the third-largest cryptocurrency by market cap. An exposé of sorts. The report went through various aspects of Cardano, including its creation, leadership, community, and so forth.…