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muchawaited – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Thu, 20 Jul 2023 14:42:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png muchawaited – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Shiba Inu's Much-Awaited Cold Wallet To Launch Next Week – Watcher Guru https://cryptocurrencypanther.com/2023/07/20/shiba-inus-much-awaited-cold-wallet-to-launch-next-week-watcher-guru/ https://cryptocurrencypanther.com/2023/07/20/shiba-inus-much-awaited-cold-wallet-to-launch-next-week-watcher-guru/#respond Thu, 20 Jul 2023 14:42:54 +0000 https://cryptocurrencypanther.com/2023/07/20/shiba-inus-much-awaited-cold-wallet-to-launch-next-week-watcher-guru/

Shiba Inu’s Much-Awaited Cold Wallet To Launch Next Week  Watcher Guru



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]]> https://cryptocurrencypanther.com/2023/07/20/shiba-inus-much-awaited-cold-wallet-to-launch-next-week-watcher-guru/feed/ 0 Lead Shiba Inu Developer Springs Big Update on Much-Awaited Evolution of Crypto Project Shibarium – The Daily Hodl https://cryptocurrencypanther.com/2023/04/01/lead-shiba-inu-developer-springs-big-update-on-much-awaited-evolution-of-crypto-project-shibarium-the-daily-hodl/ https://cryptocurrencypanther.com/2023/04/01/lead-shiba-inu-developer-springs-big-update-on-much-awaited-evolution-of-crypto-project-shibarium-the-daily-hodl/#respond Sat, 01 Apr 2023 10:50:59 +0000 https://cryptocurrencypanther.com/2023/04/01/lead-shiba-inu-developer-springs-big-update-on-much-awaited-evolution-of-crypto-project-shibarium-the-daily-hodl/

Lead Shiba Inu Developer Springs Big Update on Much-Awaited Evolution of Crypto Project Shibarium  The Daily Hodl



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]]> https://cryptocurrencypanther.com/2023/04/01/lead-shiba-inu-developer-springs-big-update-on-much-awaited-evolution-of-crypto-project-shibarium-the-daily-hodl/feed/ 0 Analyzing how ADA might respond to Cardano’s much-awaited Vasil hardhork https://cryptocurrencypanther.com/2022/05/23/analyzing-how-ada-might-respond-to-cardanos-much-awaited-vasil-hardhork/ https://cryptocurrencypanther.com/2022/05/23/analyzing-how-ada-might-respond-to-cardanos-much-awaited-vasil-hardhork/#respond Mon, 23 May 2022 02:59:59 +0000 https://cryptocurrencypanther.com/2022/05/23/analyzing-how-ada-might-respond-to-cardanos-much-awaited-vasil-hardhork/

Ahead of the upcoming Vasil testnet that is to launch in early June 2022, Cardano published an encouraging update. The network reported a strong foundation with many new projects planned out with Fund9 that are to be launched.

Cardano recently posted their Weekly Development Report to inform users about the ongoing development updates. The report has provided a timely update related to the recent activities on the network with the Vasil hardfork set to launch next month. The testnet is expected to be released in early June while the hard fork is set for launch on 29 June.

IOHK reviewed the work of various teams in the report with the Plutus and Marlowe teams doing brilliant work. The Plutus team added “Plutus.ChainIndex.App (runMainWithLog)” allowing it to process startup logs more efficiently while optimizing to the “MakeKnownM” builtin. The Marlowe team improved user optimization in the Marlowe Run. They also set up Sentry integration and fixed some mock-chain testing issues.

Source: IOHK

Project Catalyst announced the launch of Fund9 with a $16 million ADA grant and other ecosystem rewards. The project is expecting over 1,000 proposals with the launch set for 1 June.

A twitter user posted that NFT sales on Cardano hit $27 million in April which was acknowledged by Charles Hoskinson. In another NFT update, the IOHK report suggested the addition of 800,000 NFTs to Cardano since late March 2022. The rise in the number of minted pieces of non-fungible art and projects is linked to the Cardano network’s growth.

What does the ADA price say?

Despite the accomplishments on the network, the price of native ADA token continues to stumble after the recent market sell-off. At more than $18 billion, Cardano current stands as the eighth biggest crypto asset by market capitalization.

ADA is currently trading at $0.54, being 3.54% up in the last 24 hours. However, ADA is till down from the weekly high of $0.6 because of the increasing turbulences of risk assets in the market. Another factor is the recent drop in the network volume which has reduced by 30% to $450 million. What’s more concerning is that the volume was $1 billion at the start of the week.

Source: Santiment

The social dominance was up to 3% yesterday after the release of the report. As reported, the IOHK update also contained details of the Vasil launch on Cardano which must have prompted social dominance. With this increase in dominance on social media, the Cardano ecosystem can expect volume to shoot up in the near future. The increase can also have an indefinite impact on ADA prices just in time for the Vasil hardfork.





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]]> https://cryptocurrencypanther.com/2022/05/23/analyzing-how-ada-might-respond-to-cardanos-much-awaited-vasil-hardhork/feed/ 0 Cardano (ADA) welcomes much-awaited smart contracts with launch of Alonzo https://cryptocurrencypanther.com/2021/09/23/cardano-ada-welcomes-much-awaited-smart-contracts-with-launch-of-alonzo/ https://cryptocurrencypanther.com/2021/09/23/cardano-ada-welcomes-much-awaited-smart-contracts-with-launch-of-alonzo/#respond Thu, 23 Sep 2021 03:50:41 +0000 https://cryptocurrencypanther.com/2021/09/23/cardano-ada-welcomes-much-awaited-smart-contracts-with-launch-of-alonzo/

Cardano (ADA) welcomes much-awaited smart contracts with launch of Alonzo | CryptoSlate

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The latest upgrade has finally brough smart contract functionality to the ambitious network.

Andjela Radmilac · September 14, 2021 at 2:00 am UTC · 2 min read

Cardano (ADA) welcomes much-awaited smart contracts with launch of Alonzo

Input Output Hong Kong (IOHK), the company behind Cardano, has announced that it has finally deployed the Alonzo upgrade. The HFC event took place at 21:47 UTC at the rollover before epoch 209 and marked the beginning of a new era for Cardano.

The Alonzo upgrade has enabled the integration of Plutus scrips onto the blockchain, allowing the implementation of smart contracts on Cardano.

Cardano’s biggest move yet is just the beginning

Tim Harrison, IOHK’s marketing and communications director, said while Alonzo’s launch was a moment for celebration, it is only just the beginning for Cardano. In a recent blog post, Harrison looked back at the long and tiring road IOHK had to go through in order to bring smart contracts to Cardano, noting that the biggest move towards the new era was made with the Byron reboot in March 2020. In July the same year, the Shelley upgrade pushed Cardano closer to becoming a truly decentralized network. This year’s Mary upgrade created a multi-asset network and introduced native tokens, pushing adoption and usage to its all-time highs.

The Alonzo upgrade builds on this success and acts as the backbone for a robust, booming DeFi ecosystem, Harrison said.

However, he noted that Alonzo was still a work in progress.

“Let us be clear. There will be bumps in the road. Early user experiences might not be perfect. Some early DApps will have issues. We’ll see some great development teams and some poor ones. This is a permissionless, decentralized blockchain, so this is inevitable. And a few DApps may prove insecure.”

IOHK has high expectations resting on this upgrade. The company expects dozens of projects to deploy through September and October, with the rollout pace accelerating throughout Q4. The dynamic dApp rollout will be followed by equally dynamic network maintenance.

“Over the coming months, we’ll continue our cadence of fortnightly releases of new code, regular maintenance upgrades, and major HFC events each quarter,” Harrison said. “We shall continue to tune and optimize the platform, adjust performance, and refine pricing parameters as we track and monitor usage patterns. Only real usage will reveal how we need to adjust our flexible and scalable platform over the months of growth ahead.”

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