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Burning ADA is like stealing food, says  Cardano’s creator

Burning ADA is like stealing food, says  Cardano's creator

Burning ADA, according to Charles Hoskinson Cardano creator, is on par with stealing groceries or stealing someone’s wife, among other things. One of the viewers of Charles Hoskinson ‘s ask-me-anything session recently expressed interest in the concept of deleting a portion of Cardano’s supply for the sake of scarcity, and Hoskinson reacted angrily and angrily. […]

Charles Hoskinson Proposes New Term for Smart Contracts Facebook

Charles Hoskinson Proposes New Term for Smart Contracts Facebook

According to IOG CEO Charles Hoskinson, the term “smart contract” is a misnomer when it comes to Cardano. Hoskinson advises that the new feature be referred to as “programmable validators” by the community. Matthias Benkort, an IOG developer, first noticed the semantic mistake. In his thread, he states that due to its eUTXO transaction format, […]

Alonzo upgrade on Cardano saw a surge of over 200 new smart contracts

Following the Alonzo upgrade on September 13, more than 200 smart contracts have been added to the Cardano blockchain explorer. The new smart contracts are in a timelock and cannot be used yet. The 200 smart contracts listed are now in a timelock, and developers cannot utilize them until they are released. The number of […]

BTC, ETH, and ADA all drops by double digits over the last week

BTC, ETH, and ADA all drops by double digits over the last week

Some of the industry’s largest cryptocurrencies including BTC, ETH and ADA have crashed by as much as 25% over the last seven days, according to CoinGecko. “In terms of Bitcoin , this is a fairly typical market pattern—a correction of sorts after a significant bullish period,” Jason Deane, Bitcoin analyst at Quantum Economics told Decrypt. […]

Cardano to Launch Smart Contracts Today by Implementing the Alonzo Hard Fork

Cardano to Launch Smart Contracts Today by Implementing the Alonzo Hard Fork

Cardano’s Alonzo hard fork has its skeptics. Cardano will usher in smart contracts at 21:44:51 UTC tonight by implementing the Alonzo hard fork. However, several decentralized applications have been delayed due to design issues, and Alonzo may only go live with a “few toy smart contracts” developed by Cardano’s creator. Smart contracts, which are self-executing […]