The IOHK CEO Charles Hoskinson gave his perspective on why Cardano will outshine Ethereum 2.0. In an interview with Ben Armstrong, AKA Bitboy Crypto, Hoskinson spoke about Cardano having a simpler and more robust design than Ethereum. What’s more, he doubts whether this added complexity will result in higher throughput, better scalability, and more security…
ADA, a cryptocurrency backed by blockchain network Cardano, reached its best levels in the previous three years amid a major capital influx from Bitcoin to the altcoin market. The ADA/USD exchange rate hit $0.51 after rising more than 15 percent during the Asian session Friday. The pair’s gains appeared as a part of a broader…
XRP has had an extremely difficult run since 2017 and things have only turned worse. But somehow despite the poor performance compared to its peers, it has managed to hold onto a top five rank by market cap dating back as far as 2013. However, the legal blow dealt by the United States Securities and…
Cardano’s price started a strong surge over $0.2000, similar to bitcoin. ADA is showing positive signs and it is likely to continue higher above $0.2800 and $0.3000. ADA started a strong surge above the $0.2000 and $0.2400 resistance levels against the US dollar. The price is now trading well above $0.2600 and the 100 simple…
Developers IOHK implemented changes to the Cardano protocol yesterday in preparation for hard forking the network. But before freaking out, unlike other blockchains, IOHK points out that the network design handles new block production rules seamlessly. “To enable a smooth transition, Cardano automatically preserves the history of previous blocks. This allows the protocol to be…
Fully decentralizing Cardano is the network’s primary objective. But considering all of the factors in play, achieving this is no mean feat. Developers IOHK must take into account things like security, performance, stability, sustainability, and incentivization. Otherwise, the consequences of ill timing could be disastrous for the network. There are 20 parameters that control how…
At the time of writing, the U.S. 2020 election still hangs on a knife-edge, with either candidate still in the running to win. According to the BBC, Biden is ahead, but counting in Georgia, North Carolina, Pennsylvania, Arizona, Nevada, and Alaska has yet to close. “Mr Biden has 243 Electoral College votes, giving him the…
For nearly two years, Cardano has clashed with Wikipedia over its refusal to list a Cardano page. The online encyclopedia states the listing criteria come down to verifiable information sources and the inclusion of appropriate references. However, IOHK CEO Charles Hoskinson fired back last month by saying his project more than meets the requirements. Yet…
IOHK fired up the Cardano community by releasing details of the Goguen roadmap yesterday. After the successful rollout of Shelley, many look to Goguen as the final hurdle before challenging Ethereum on level ground. The roadmap puts the Goguen mainnet launch at around March 2021. Considering the frequent delays to Shelley, this represents an ambitious…
IOHK CEO Charles Hoskinson hosted a surprise AMA recently in which he announced a reduction in Cardano’s “D” (decentralization) parameter to 0.5. “That means we’re just about to cross a threshold here in a little bit for “D” to fall below five, which means more than half of all the blocks will be made by…