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    Home » Cardano

    Cardano News and Updates

    What is Cardano?

    Cardano is a public blockchain working under the Ouroboros Proof-of-Stake algorithm. It’s touted to be the first one to have been founded on peer-reviewed research. It was founded by Charles Hoskinson – a mathematician who also co-founded Ethereum.

    Cardano is also developing a smart contract platform that is supposed to deliver more advanced features than its competitors. It should serve as a stable and secure platform for developers to create enterprise-level decentralized applications (dApps).

    How Does Cardano Work?

    Cardano was primarily initiated as a two-layer protocol that separates the ledger of the accounted figures from the reason for which these figures are passed from different accounts.

    This distinct separation lets the smart contracts (still to be deployed) on the platform be more compliant.

    Cardano works through the Ouroboros Proof of Stake (PoS) algorithm. The core innovation that Ouroboros introduces beyond security is a modular and flexible design that enables the composition of many protocols to enhance the overall network functionality.

    Cardano’s Token: ADA

    ADA is the native token of Cardano. Interestingly, it’s named after Ada Lovelace – a 19th-century mathematician who is recognized as the very first computer programmer, also the daughter of the poet Lord Byron.

    Every ADA holder also holds a stake in the network. Token holders can also delegate their tokens into a staking pool and earn rewards and participate in the governance of the blockchain.

    Going forward, once Cardano’s smart contracts are live, ADA should also be usable for a variety of applications and services.

    It has become one of the world’s largest cryptocurrencies, with a total supply of 45 billion.

    What Are The News With Cardano in 2021?

    In 2021, Cardano moved closer to integrating smart contracts on its network and continued with the new developments, in general.

    On March 1st, the team launched the Mary update. It introduced core Goguen features of native token functionality and multi-asset support. On the other hand, Goguen is a major upgrade stage on the Cardano roadmap that introduces smart contracts and also the ability to build decentralized applications.

    Recent Cardano News

    Cardano’s Charles Hoskinson Predicts How Long This Crypto Winter Will Last

    Cardano’s Charles Hoskinson Predicts How Long This Crypto Winter Will Last

    May 12, 2022 16:13 Chayanika Deka

    Charles Hoskinson said that a downfall of a stablecoin project does not mean the end of crypto.

    Cardano’s Charles Hoskinson: We Are in a Bear Market

    Cardano’s Charles Hoskinson: We Are in a Bear Market

    May 9, 2022 14:55 Dimitar Dzhondzhorov

    According to Charles Hoskinson, no announcements or developments can currently boost ADA's price as crypto is in a bear market.

    Cardano Whales Bought 200 Million More ADA in 5 Weeks

    Cardano Whales Bought 200 Million More ADA in 5 Weeks

    May 3, 2022 10:58 Chayanika Deka

    As price hovers near 15-months low, Cardano whale addresses holding 1 million to 10 million ADA have resumed accumulating.

    Cardano Revamps Block Size by 10% To 88KB in Latest Upgrade

    Cardano Revamps Block Size by 10% To 88KB in Latest Upgrade

    Apr 27, 2022 12:11 George Georgiev

    To improve scalability, Cardano has introduced a new upgrade that ramps up its block size by 10%, from 80KB to

    Cardano’s IOHK Shares Updates With New Cross-chain Bridge Launched

    Cardano’s IOHK Shares Updates With New Cross-chain Bridge Launched

    Apr 26, 2022 17:01 Jay Zhuang

    The research and development organization behind Cardano claimed it continues to grow and flourish, with more NFT and DeFi projects

    Cardano Integrates On-Chain KYC in Compliance With Regulations

    Cardano Integrates On-Chain KYC in Compliance With Regulations

    Apr 22, 2022 20:15 Jay Zhuang

    Cardano taps know-your-customer services in collaboration with the industry's primary identity verification resource.

    Cardano Founder Explains What Users Should Expect From the Upcoming Vasil Hard Fork

    Cardano Founder Explains What Users Should Expect From the Upcoming Vasil Hard Fork

    Apr 14, 2022 01:10 Felix Mollen

    Charles Hoskinson, Founder of Cardano explains why he thinks the upcoming Vasil hardfork will be "major major major major".

    Snoop Dogg Collaborates With Clay Nation to Launch NFT Collection on Cardano

    Snoop Dogg Collaborates With Clay Nation to Launch NFT Collection on Cardano

    Apr 11, 2022 18:24 Chayanika Deka

    The hip hop mogul Calvin Broadus Jr a.k.a Snoop Dogg has turned his attention to Cardano with the launch of

    Cardano Foundation and University of Zurich Partner for Academic Blockchain Research

    Cardano Foundation and University of Zurich Partner for Academic Blockchain Research

    Apr 5, 2022 20:05 Andrew Throuvalas

    The Cardano Foundation furthers its assistance with blockchain education and research about consensus mechanisms.

    Retail Cardano Wallets Reached New All-Time High as ADA Jumped 5%

    Retail Cardano Wallets Reached New All-Time High as ADA Jumped 5%

    Apr 4, 2022 16:50 Jordan Lyanchev

    Retail Cardano investors have been on the rise in the past several months, while large whales have reduced their ADA

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