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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Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
Cardano's New Algorithmic Stablecoin DJED
ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar.
Cardano Nodes Go Offline for Half an Hour
Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.
Cardano stablecoin shutters following launch delays
Ardana suspended work on Nov. 24, citing "funding and project timeline uncertainty" Ardana Labs will hold leftover money for the open-source initiative. Ardana's DANA tokens lost 99.85% of their value last year.
Cardano Chief Says He's Not Retiring Anytime Soon
Amid a wave of resignation, Cardano's Charles Hoskinson said he is not retiring soon
Cardano's Vasil Upgrade is Finally Complete
Cardano’s much-awaited Vasil upgrade will enable increased network capacity, higher throughput, and lower transaction costs on the peer-reviewed, proof-of-stake blockchain platform.
Cardano Blockchain to Stimulate Authenticity and Quality of Georgian Wine
To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardano blockchain.
Top 3 Altcoins to Watch This Week: ETH, MATIC, and ADA
The underlisted three tokens should be watched as the broader market keeps watch as the Ethereum blockchain transitions from the Proof-of-Work (PoW) model to the Proof-of-Stake (PoS) version
Cardano’s Vasil Hard Fork Upgrade Confirmed to Happen on September 22
The Vasil upgrade promises to include improvements to the Plutus programming language as well as introducing greater scalability for lower transaction fees.
Blockchain Technology can Radically Revamp Government Structures, Cardano Founder Says
Blockchain technology has the capability of revolutionizing government structures from the whelms of archaic processes to modern ones, according to Cardano founder Charles Hoskinson.

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