Understanding Cardano, IOHK, and EMURGO

Cardano is the first decentralized public blockchain platform that developed on a research-first driven approach. Charles Hoskinson, the co-founder of Ethereum, created it in 2015 and later launched it in 2017. It comprises a development team of global researchers and engineers. This platform's development continued thanks to academics and computer scientists and their peer-reviewed papers. The Cardano ecosystem involves three founding entities that work together. These partners are EMURGO, IOHK Company, and The Cardano Foundation. Cardano in a Nutshell Cardano…

Cardano’s IOHK to Usher in a New Plutus DappStore Network

A blogpost report shows that Cardano sets to launch the Plutus Dapp Store through IOHK. The storefront is going to host every decentralized application running on Cardano's blockchain network. Plutus dAppStore could go live in the upcoming Cardano Summit, which starts on September 25, 2021. Improving dApp Interactions with Plutus Dapp Store Cardano is making major changes to its ecosystem, most of which aim at boosting the platform's functionalities. Such upgrades include the Plutus dAppStore, which projects to address two main…

Charles Hoskinson Re-confirms Launching of Smart Contract Support On September 12th 

On September 7th, Charles Hoskinson re-confirmed IOHK's tweet on submitting a proposal for the smart contract launch. Hoskinson confirmed that Cardano's smart contracts program will go live on September 12th.  The proposal should trigger the Cardano network Alonzo Hard Fork event on Sunday.  Smart Contract Support Coming Soon On Tuesday, IOHK and Charles Hoskinson announced that they already submitted a proposal to trigger the smart contract launch. IOHK has been famous for the developments of the Cardano network for several years. Cardano has had…

Cardano Alonzo Hardfork is Still on Schedule, Says IOHK’s CEO 

In his latest vlog, IOHK's CEO Charles Hoskinson announces the upcoming Alonzo hard fork is still on schedule. Meanwhile, the ADA token is rallying at $2.83, almost 12% in gains over the past week. The team behind the hard fork is already preparing for the public Alonzo testnet. IOHK is confident that the final product will go live on September 1.  Alonzo Upgrade and Smart Contracts Cardano has been around since 2015. It uses proof of stake to validate transactions.…

IOHK Submits Proposal for Final Alonzo Purple Upgrades

Earlier today, Input Output Hong Kong submitted a proposal for an upgrade to the Cardano testnet. The proposal sets out to complete the steps towards the Alonzo hard fork. Moreover, the Alonzo era is significant progress for the chain as it will support smart contracts on Cardano. According to a Twitter thread by IOHK, this upgrade will happen within the next few hours. Furthermore, the network will instigate the hard fork combinator, marking the final stages for the Cardano mainnet…

Cardano’s New Crypto Partnership with Confirm Faces Major Criticism

Cardano Foundation's announcement of its partnership with Confirm, an analytics provider, raised a lot of scrutiny in recent times. Through the partnership, custodians, exchanges, and other third parties can track Cardano's native ADA crypto held in their wallets.  Following the reveal, there have been major concerns circling the partnership by Weiss Crypto. What the Weiss Criticism Entailed Charles Hoskinson, the founder of Cardano, believes that partnering with Confirm will bring more adoption to the Cardano blockchain. After all, its purpose…

Cardano Sees Massive weekly Inflows as Active ADA Wallets Hit One Million

According to the Cardano Foundation, its network has finally achieved a critical milestone of 1 million ADA wallets. The escalation in the number of wallets on the Cardano network can be attributed to the recent upgrade that introduced smart contract functionality. ADA was among the best-performing cryptos before the market tanked last week. The cryptocurrency made successive highs as it spiked above $2.00 en-route to new highs of almost $2.40. ADA's price has risen more than 1,000 percent this year,…

Cardano is Including Backfilling and Documentation in its Developmental Efforts

People continue to debate mass adoption of cryptocurrencies. A few days ago, Weiss Crypto Ratings noted that Cardano is still among the leading coins when it comes to technology and adoption. This is expected because Cardano has attained several milestones within its domain in the first quarter and people expect more in the coming months. Part of the expectation is the most-awaited Shelley-migration. IOHK CEO and Co-founder, Charles Hoskinson featured in a livestream, noting that part of the efforts of Cardano team is complete…

IOHK To Educate People About Cardano Starting This Year

The company behind Cardano, IOHK, recently announced that it started prioritizing education this year. The company is mainly focusing on the development and expansion of its educational materials in 2020 as it transitions fully into the Shelley era. There is already a comprehensive plan for 2020 to broaden educational materials by the company’s education team. The team’s primary aim is to enhance the understanding of their technologies using various learning and trading assets.  IOHK also aims to offer knowledge and…

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