Cardano hits 5,000 smart contracts on its network
As of February 3, 2023, there were 5,006 smart contracts written with Plutus and currently executing on Cardano. The Cardano (ADA) network had a significant upgrade in September 2021, adding smart contract features and allowing the blockchain to handle transactions more efficiently and quickly. Despite a fall in Cardano’s price in 2022, the network’s growth […]
Top 7 Blockchain and Defi trends to look out for
The value of crypto assets and the underlying distributed ledger technology (DLT) has skyrocketed over the past decade. This article discusses the top 7 Blockchain and Defi trends to look out for this year. What is Blockchain? A blockchain is a form of distributed ledger technology (DLT), which employs encryption for the purpose of securing […]
Calimero Network raises $8.5m for NEAR sharding
Calimero Network has raised $8.5 million in a seed round co-led by Khosla Ventures, Lyrik Ventures, and NEAR Foundation. In a seed round that was jointly led by Khosla Ventures, Lyrik Ventures, and NEAR Foundation, Calimero Network secured $8.5 million. The money will be used to create NEAR protocol private sharding solutions. Calimero Network, a […]
The Potential Of Crypto And Blockchain For Environmental Sustainability
Crypto and blockchain have the potential to aid in the promotion of environmental sustainability. In this article, we explain how crypto and blockchain may promote environmental sustainability and encourage sustainable activities. Cryptocurrency has gone from being a topic of little interest to being ubiquitous. Cryptocurrency mining, the means through which new coins are issued into […]
4 Types of Cryptocurrencies
After the invention of Bitcoin (BTC), thousands of other cryptocurrencies have been created over the past few years. But each cryptocurrency is built on different blockchains which differentiates one from another, in this article we are going to review the four types of cryptocurrencies and their blockchains. What is cryptocurrency? Cryptocurrency is a digital currency […]