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CARDANO

 
What is Cardano?
Cardano is a fully open-source decentralized public blockchain and cryptocurrency project built by blockchain engineering firm, Input Output (IOHK). The platform maintains operations for its ADA cryptocurrency, and is multilayered, which gives the system the elasticity to be easily maintained and upgraded with a soft fork. Cardano uses a proof-of-stake (PoS) system, which allows for greater scalability and reduces electricity requirements. Cardano is the first blockchain platform to evolve out of a scientific philosophy and takes a research-first driven approach. Cardano describes itself as a third-generation blockchain platform, aiming to significantly improve shortcomings of the first generation, Bitcoin, and the second generation, Ethereum, including smart contracts. Please see below for Cardano news, Cardano ADA price predictions, and more.
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Cardano Releases New Daedalus Wallet for the Shelley Testnet Ahead of Shelley Hard Fork
Input Output (IOHK), the blockchain engineering company behind Cardano has released the new Daedalus wallet for the Shelley testnet, less than a week after the Cardano Virtual Summit.

IOHK Rolls Out Shelley Upgrade to Cardano Ahead of Public Participation on the 7th of July
IOHK rolls out Shelley upgrade to Cardano ahead of public participation on the 7th July

Cardano Addresses Fake ADA Giveaway Claims on YouTube
Cardano CEO Charles Hoskinson has once again come forward to address the issue of cryptocurrency scams targeting his ADA empire and has been quick to refute any associations phishers made with the Cardano Foundation.

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch
Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.

Overthrowing Bitcoin? Charles Hoskinson Says Cardano Set to Become the Next Best Crypto
In his latest Periscope video, Charles Hoskinson, the creator of Cardano, once again emphasizes that the smart contract platform would become technologically superior to leading networks like Bitcoin and Ethereum or any other blockchain in the industry this year.

Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway
Cardano, an independent body, based in Zug, Switzerland just partnered with COTI, an enterprise-grade fintech platform, to create an ADA payment solution for merchants.

Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin
Cardano founder and IOHK CEO Charles Hoskinson recently announced in his YouTube video that the current roadmap for the Shelley hard fork will be going according to plan, scheduled on July 29, 2020.

Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases
Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems
The Cardano Foundation has partnered with the South African National Blockchain Alliance (SANBA) in a bid to expand blockchain adoption and bring financial inclusion to the country of 59 million.

Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era
The blockchain engineering company behind Cardano, Input-Output (IOHK) announced in a blog post that the Shelley code was successfully implemented in Cardano’s mainnet. This announcement marks the biggest upgrade to the Cardano blockchain so far, with the deployment of the Shelley code confirmed to have been successfully released on the mainnet on June 30.

Cardano’s Shelley Hybrid Era: How Decentralized is the Cardano Network So Far?
Cardano successfully launched Shelley on July 29, a move towards a more decentralized network, with over 800 stake pools registered on its network so far. Cardano also recently introduced Project Catalyst, its experimental treasury system for its decentralized voting and proposal procedures.

Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts
Crypto gets its first bout in the ring with well-known crypto YouTuber Tyler Swope aka Chico Crypto going head to head against Charles Hoskinson Founder of Cardano.

June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.

Exclusive: Liberal Society Comes with Friendly Crypto Regulations
As a veteran lawyer in technology, Nathan Kaiser of Cardano Foundation shares his insights in identifying countries with friendly crypto jurisdictions. He also examined how different jurisdictions affect both on-chain and off-chain governance.

Exclusive: Does Forking Mechanism Allow for a Better Blockchain Governance Model?
Nathan Kaiser, Chairperson of the Cardano Foundation and a long-time lawyer in the technology sector, shares his views on the crypto regulatory issues in different jurisdictions and blockchain governance. In particular, Nathan examines whether forking mechanism allows for a better blockchain governance and the reason why “blockchain governance = community governance”.

Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.

Hong Kong Blockchain Ecosystem
HK Blockchain Ecosystem

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded
Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet
Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.

Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.

Cardano Will be “Extremely Competitive” in the DeFi Space With Upcoming Goguen Rollout
IOHK CEO Charles Hoskinson laid out the roadmap for September, including multiple performance improvements, and new wallet functions.

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools
IOHK CEO Charles Hoskinson recently introduced Cardano’s delegation portfolios and hardware updates for Cardano in a recent YouTube video.

Cardano Launches Project Catalyst—One Step Closer to Fully Decentralized Era Voltaire
IOHK, the blockchain engineering company behind Cardano has launched “Project Catalyst” in part of the network’s transformation into a self-sustaining system. Cardano aims to build a set of governance tools and processes that puts the future of the network in every ADA holder.

Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China
Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.

Cardano’s Shelley Mainnet Enters Epoch 3 With Two Major Milestones Accomplished
The Cardano Shelley mainnet has already reached two significant milestones ahead of epoch 3 — reaching the target of 1,000 registered stake pools and having the first block produced by an external party other than Input Output Hong Kong (IOHK) and Emurgo.

Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model
Input Output (IOHK) CEO and founder of Cardano Charles Hoskinson recently discussed the future of governance on the Cardano network in his YouTube video. The problem with governance is when large actors are able to decide, they could transform a protocol into something that would preserve the monopolies they already have.

Cardano’s Project Catalyst: Building a Decentralized Financial System to Remove "Top-Down" Governance
In order to fulfill the final components for Cardano’s Voltaire, including its evolution into a self-sustainable blockchain, IOHK introduced a new experimental treasury system combining proposal and voting procedures — Project Catalyst.

Cardano ADA Price to See Upside Potential as Metadata Transactions Ready for Goguen
Cardano’s founder, Charles Hoskison recently announced new details about the protocol’s next phase, Goguen.

Cardano’s Project Catalyst Voting App Now Available on Google Play Store
Cardano’s Project Catalyst voting app has now been published on the Google Play store. This marks a huge step for the Cardano network.

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age
With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.

Cardano’s Shelley Mainnet Set to Launch, ADA Price Predictions are High
The third-generation blockchain Cardano is making some promising strides with its development plan as it matures into its more decentralized “Shelley Era.”

Cardano’s Shelley Hard Fork Countdown Has Begun, Tests Have Been Positive So Far
Cardano founder Charles Hoskison announced today that IOHK’s Director of DevOps Samuel Leathers has initiated the update proposal for Cardano’s Shelley hard fork. The countdown for the long-awaited Shelley hard fork on Cardano’s main network has begun and will take five days, as scheduled on July 29.

Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized
Cardano founder Charles Hoskinson recently explained in a video update regarding the accountability of the funding from Voltaire, its governance era.

Charles Hoskinson to Airdrop Kanye Coin and Pierce Coin to Demonstrate Cardano’s Multi-Asset Standard
With just one more day to go with the availability of participants being able to interact with the Shelley mainnet launched on June, 30; Charles Hoskinson, the founder, and CEO of Input Output (IOHK), the blockchain engineering firm behind the Cardano blockchain, took it to his “Ask me anything” (AMA) session on Youtube, addressing the recent news on the US Presidential candidates, Kanye West and Brock Pierce.

Cardano’s Shelley Hard Fork Successful, Network on its Way to Become the World’s Financial Operating System
Cardano’s second developmental phase, Shelley has been successfully launched, the hard fork was successful in transforming Cardano into the Shelley era from Byron.The hard fork took Cardano from its Byron era to Shelley, to enable the network to become more decentralized and autonomous.

Cardano's Goguen Rollout Could Directly Compete with Ethereum with its New Smart Contract Implementation
Cardano’s Goguen era, which marks the next period after Shelley, will be the era of implementing smart contracts and enabling decentralized applications (Dapps) on the network. The Goguen era is Cardano’s third development phase, which is expected to start in the third quarter of 2020 with the release of its testnet.

Charles Hoskinson Introduces “Multisig Pledging” to Level the Playing Field for Small Cardano Stake Pools
Charles Hoskinson recently revealed details about the current development state of Cardano’s different eras, including Shelley, Goguen, Basho and Voltaire.

Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October
Cardano’s Shelley hard fork has crossed the threshold of no return, where the system will automatically upgrade at the end of the current epoch, on July 29. IOHK CEO Charles Hoskinson announced in a live stream on YouTube: “The hard fork is a go, and we’re marching towards it. The Shelley era will begin on Wednesday.”

Cardano EUTXO Blockchain Upgrade Will Combine the Best Of Bitcoin and Ethereum
Cardano founder Charles Hoskins recently shared a file on his Twitter feed that outlined how the upcoming Goguen update will implement smart contracts using an extended UTXO purported to offer the best features of both the Ethereum and Bitcoin blockchain record keeping models.

Cardano CEO Getting a OneCoin Vibe from Federal Reserve's 'Infinite Cash' Statement
In an interview given to CBS's 60 Minutes on March 22, 2020, Neel Kashkari, the President of Federal Reserve Bank of Minneapolis made a controversial remark on being asked how the state would deal if the situation like 2008 financial crisis would come again due the Coronavirus outbreak.

Cardano’s Stake Pools Reached 700 Just Five Days after Successful Shelley Hard Fork
Cardano’s Shelley hard fork was successfully launched on July 29, and within 8 hours, 267 stake pools have already registered. The Shelley hard fork took Cardano’s network into its second phase of development, succeeding the Byron era. The Shelley update enables Cardano to become more decentralized and autonomous.

Charles Hoskinson: Cardano’s New Voting System Will Make ADA the Most Valuable Cryptocurrency
IOHK, the blockchain engineering company behind the Cardano blockchain, will develop a voting system that will make its ecosystem hard fork resistant.

Cardano Flags Suspicious Investment Claims of Individuals Posing as BTCNEXT Employees
The Cardano Foundation recently announced on their forum that they have received reports of suspicious claims from a group of individuals operating under the company BTCNEXT, a cryptocurrency exchange located in the Caribbean.

Cardano Becomes the 6th Largest Crypto as ADA Price Continues on Bullish Momentum
Cardano’s native crypto ADA has reached a two-year high on July 8, topping $0.138, up by 180 percent in the past 180 days. Cardano’s ADA cryptocurrency has been one of the top-performing tokens this year and has become the sixth-largest crypto. While its market capitalization remains lower than Bitcoin and Ethereum, Cardano’s ADA has surpassed Bitcoin Satoshi Vision (BSV), which currently ranks the seventh.