Scamming on Cardano (ADA) Rises As Alonzo Races To Completion
Input Output Global (IOG) CEO Charles Hoskinson sends out a warning to all Cardano users as scammers ramp up their efforts in the countdown to Alonzo’s release. The highly anticipated Alonzo phase is nearing completion, with September 12 penciled in for the hard fork event to occur. Currently, IOG is working on the process of […]
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Cardano will strive to become an Ethereum contender if the upcoming Alonzo update lives up to the expectations of being a game-changer. The Cardano Foundation is led by Charles Hoskinson, the founder of Cardano and also the co-founder of the Ethereum blockchain. On April 6, through his YouTube channel, he discussed Cardano’s roadmap covering the next four years in a video titled “Some Musings about the Roadmap.” In these musings, he mentioned that although the Cardano developers are working on solving the scalability issue and Cardano’s approach to it, he will only turn his attention....
Developers Input Output Global (IOG) rolled out Alonzo late Sunday evening, enabling smart contract functionality on Cardano for the first time. Naysayers had expressed doubt on whether that would happen at all, let alone happen on time. Nonetheless, with this major milestone under the belt, attention turns to the Cardano ecosystem and how it will […]
Recently, both institutional and retail investors have shown an increasing interest in Cardano. It is fast becoming the coin of choice for investors who are in crypto for the long term. Good news trots behind the coin as Cardano released a roadmap for the Alonzo hard fork that is scheduled to take place in the […]
On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would upgrade on September 12, 2021. The highly anticipated “Alonzo Purple” upgrade aims to boost the Cardano project with fully functional, advanced smart contract solutions. Alonzo Upgrade Scheduled for September 12 Cardano is looking to upgrade the network in the near future, as....
Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented.
Cardano Has More Than 2,300 Smart Contracts Waiting to Be Deployed
The Cardano (ADA) network upgraded last week and since then the most topical conversation among ADA proponents is smart contracts. The use of smart contracts on the Cardano network has been a holy....