Category: Technology

Cardano (ADA) parent IOHK releases Daedalus mainnet wallet

IOHK has announced that Daedalus 1.0.0 mainnet wallet has finally launched and is now available to every user of Cardano (ADA). The launch of Daedalus comes after 18 months of work and marks the beginning of a series of important launches from IOHK that will bring about Shelley, the blockchain’s staking era. The company has…

April 24, 2020
Anyone Can Host a Crypto Exchange – Tim Draper Backed Startup Launches New WordPress Plugin

There’s a new plugin available that gives people the ability to launch a cryptocurrency exchange on any WordPress-based website. The project called Wpcryptoexchange is a product created by the Tim Draper-backed startup Draper Goren Holm. With the plugin, anyone can launch a digital currency trading platform that allows people to swap various cryptos and also…

April 22, 2020
Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

[youtube https://www.youtube.com/watch?v=SM7EyR3kXz8&w=560&h=349] While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token.…

April 21, 2020
With Cardano’s (ADA) Shelley on the way, long-term plans are being set

[youtube https://www.youtube.com/watch?v=xRmbPU__yq4&w=560&h=349] Charles Hoskinson, the CEO of IOHK, joined in on an episode of The Cardano Effect podcast to go over some of the details regarding the launch of Shelley. However, more long-term plans for the Cardano network, such as multi-asset wallets, reducing the blockchain size, and adding another proof of merit to the network…

April 21, 2020
Analyst believes Ethereum’s ETH 2.0 will bring the largest economic shift in crypto

The upcoming release of Ethereum’s second iteration, ETH 2.0, has been highly contested, but one data analyst believes it could be the driving force behind the largest economic growth in society. Adam Cochran, a professor of information science at Conestoga College, said that Ethereum’s economic policy will result in a reduced supply and a drastically…

April 20, 2020
Cardano’s (ADA) Shelley mainnet launch explained in the greatest detail yet

Charles Hoskinson, the CEO of IOHK, took to YouTube to provide a detailed explanation of how the launch of the Shelley era of Cardano will go down, diving deep into the two years of work and the million lines of code that will bring about the blockchain’s staking era. Shelley will launch in phases, first…

April 17, 2020
Stellar (XLM) based Akoin will be sole currency of a multi billion dollar city

Akoin, the cryptocurrency project created by global music star Akon, has secured a deal to become the main currency of the $2 billion technology city in Western Kenya. The Mwale Medical and Technology City (MMTC) is home to over 35,000 people and thousands of businesses, all of which will be using Akon’s Stellar-based cryptocurrency, the…

April 16, 2020
Cardano (ADA) update: most problems with PoS solved, Byron reboot bug-free

Charles Hoskinson, the CEO of IOHK, addressed the development status of Cardano in an Easter video update, saying that the ongoing Byron reboot has been successful and bug-free. Apart from that, he revealed that huge progress is being made in terms of governance and that both the community and the Cardano team have been working…

April 13, 2020
Cardano (ADA) product managers say ITN a huge success, Byron reboot will solve major problems

IOHK’s product managers have said that the Shelley Incentivized Testnet (ITN) has been a huge success, with over 1000 stake pools created and 38 percent of the ada (ADA) supply delegated. The recently implemented Byron reboot has laid the foundation for the mainnet deployment of Shelley, as it will help solve the problems with the…

April 6, 2020
Anyhedge to Launch Blockchain-Enforced Synthetic Derivatives for Bitcoin Cash

Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge aims to be the first decentralized finance (defi) protocol on any branch of Bitcoin and the platform will launch in cooperation with Cryptophyl’s new non-custodial exchange, Detoken. Also read: Film Reels and Steel:…

April 2, 2020