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Polkadot Plans to Boost it ecosystem and Web3 platform

Polkadot, the blockchain network with the lowest carbon footprint, has set aside $21 million for ecosystem development.   A brief about Polkadot   Polkadot (DOT) fulfills three distinct purposes: governance, staking, and bonding. The Web3 Foundation launched Polkadot as an open-source project in 2005. The Polkadot project envisions a Web in which each user’s data…

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Cardano enjoys all-time high network activity

Thriving as a top-tier blockchain ecosystem, Cardano is fast approaching the maximum limit of its processing capacity as the network activity increases on the decentralized channel. While sustaining a constant value of more than 90% blockchain overload for eight days in a stretch, the Cardano blockchain has emerged as a strong player in the market….

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What is Cardano? How to stake ADA?

Cardano or ADA has undoubtedly become one of the fastest growing blockchain-based assets in the whole cryptocurrency space. Ever since it was released back in 2015, ADA, the native cryptocurrency of the Cardano blockchain, has been among the top 10 cryptocurrencies in terms of market capitalization. The technology associated with the network is developing at…

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DAY LONG NEWS ROUNDUP: LATEST NEWS 03/11/21

We offer you the top headlines which are affecting the blockchain and crypto space on 03/11/21 so you can stay informed on the latest updates. Cardano network reaches 2M wallets as it prepares to scale activities with Hydra upgrade In a recent tweet posted on Monday, the Cardano Foundation has declared that the number of…

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DAY LONG NEWS ROUNDUP: LATEST NEWS 26/10/21

We present to you the top headlines from 26/10/21 impacting the blockchain and crypto space so you can stay informed and updated on the latest information. Mastercard to offer crypto payments service for customers through alliance with Bakkt The global payments giant Mastercard has recently revealed that the thousands of fintech forms, US banks and…

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Ethereum vs Solana vs Cardano — who is DeFi’s favourite?

The general consensus regarding the future of cryptocurrencies is that it lies in the expansion of decentralized applications or DApps as we call them. Even though the hype surrounding the cryptocurrencies are based on their volatility and market capitalizations, it is true that ultimately crypto is a newly emerging software and like any other piece…

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Cardano To Receive $100 Million Investment From EMURGO To Bolster DeFi Adoption

Decentralized Finance or DeFi applications have become immensely important after the massively popular Alonzo Hard Fork event enabled smart contracts to operate on the Cardano network. The developers have been working tirelessly in order to bring their DeFi applications to the Cardano ecosystem. But since a considerable number of DeFi applications are already up and…

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Just 4 Days After The Alonzo Hardfork, Cardano Witnesses 40,000 Smart Contracts Being Deployed: How This Affects The Pricing

After September 12, 2021, smart contracts have been established as a reality on the famous Cardano network. After the significant launch of the Alonzo Hard Fork Combinator, developers around the world can now go ahead and start building smart contracts in the Cardano ecosystem. As a result, this would eventually enable the developers to create…

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Finally Cardano Launches Smart Contracts Post A Successful Hard Fork

The globally popular Cardano network has successfully completed its much anticipated hard fork event, and this has made way for them to introduce their exclusive smart contract scripts, which are powered by the Plutus. The previous month on the 12th of August, the Cardano Foundation had made a statement on Twitter that they had successfully…

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Input-Output Global Has Confirmed The Launch Of Cardano Smart Contracts On Mainnet For September 12th

The famous Input-Output Global or the IOG has recently confirmed on its Twitter handle that the much-awaited launch of the smart contract platform of the Cardano Blockchain on mainnet, which goes by the name Plutus, is scheduled to launch this month, on the upcoming Sunday, i.e., September 12th, 2021. As per the announcement on Twitter,…