Another very encouraging report from Messari that showcases the growth in the Cardano ecosystem has continued apace during the last quarter of 2023. They note: Cardano’s average daily transactions grew by 10.9% QoQ, outpacing the 1.6% QoQ growth in daily active addresses. The ratio of transactions to active addresses grew steadily over the past year,…
Category: Cardano Updates
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Rosen Bridge
Bridges are an important part of the crypto landscape to provide liquidity and integration between crypto ecosystems such as Bitcoin, Ethereum and Cardano. Historically though, bridges have suffered from insecure and centralised implementations with a long history of compromise by threat actors. A new bridge between Cardano and Ergo (simplistically a PoW partner of Cardano)…
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Cardano 360 November
It’s that time of the month again! Updates from the recent summit in Dubai feature heavily this month. Loads happening as ever. Details: The Voltaire update shared that the Cardano Ballot on CIP1694 opens on Dec 1 and closes on Dec 11 at 21:44 UTC. It’s worth submitting your feedback in this non-binding poll on…
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State of Cardano Q3-23
Time for the regular Messari report on the Cardano ecosystem. The key insights are: Strong progress as usual across the board. DeFi stablecoin progress has been particularly encouraging, showing a significant increase across the depths of the bear market.
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Scaling with Mithril
There are a few new scaling technologies on the roadmap that will help Cardano to operate faster and accommodate more users and dApps. The main ones planned are: In the recent paper by Pyrros Chaidos, and Prof Aggelos Kiayias they explore a new stake-based primitive, stake-based threshold multisignatures (STM, or “Mithril” signatures), which allows the…