Cardano: You Cant Ignore ADA!! Latest Updates

Cardano: You CANT Ignore ADA!! Latest Updates 👀

– TIMESTAMPS –
0:00 Intro
1:52 Cardano Recap
4:11 Cardano Updates Part 1
6:02 Cardano Updates Part 2
7:59 Charles Hoskinson Under Fire
9:48 Cardano Smart Contracts Alonzo Roadmap
12:18 ADA Cryptocurrency Price Analysis
14:28 Charles Hoskinson ADA Holdings
15:55 Cardano Smart Contract Concerns
18:12 Conclusion

~~~~~

-
$ 54,279.000.42%

Useful Links

► Cardano Roadmap: https://roadmap.cardano.org/en/
► University Of Wyoming Cardano Staking Pool: https://www.uwyo.edu/wabl/cardano-stake-pool.html
► Cardano Djed Stablecoin Explained: https://dailyhodl.com/2021/07/17/cardano-creator-charles-hoskinson-unveils-details-on-crypto-project-djed/
► Charles Hoskinson India Drama: https://u.today/cardanos-ada-charles-hoskinson-receives-threats-from-indian-youtube-users-heres-why
► Cardano Smart Contracts Alonzo Roadmap: https://twitter.com/InputOutputHK/status/1397959272844206083?s=20

~~~~~

Cardano Recap

Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson and Cardano’s main net went live in the fall of 2017

Like Ethereum, Cardano is a smart contract cryptocurrency which seeks to be the backbone of the future of finance

Cardano Updates Part 1

In March, Coinbase finally listed ADA. In April, IOHK secured a partnership with the Ethiopian government. Also in April, The University Of Wyoming started staking ADA for extra income

Cardano Updates Part 2

In May, ADA was added to the Revolut mobile banking app. In June, ADA become available for lending and borrowing on Nexo. In July, ADA was added to Grayscale’s Digital Large Asset Trust

Charles Hoskinson Under Fire

If you’ve been watching Charles’ channel on YouTube lately, you’ve probably noticed that his recent videos have received an uncanny number of dislikes

This is because a popular Indian YouTuber called Ashkar Techy was hacked by scammers who created a Cardano giveaway scam livestream featuring Charles Hoskinson himself

Thousands of Ashkar’s fans have blamed Charles for the hack

Cardano Smart Contracts Alonzo Roadmap

The first stage is Alonzo blue, the second stage is Alonzo white, the third state is Alonzo purple and that’s when the test-net goes public with thousands of users

Alonzo Red and Black will just stress test Cardano’s smart contract scalability and stability and address any last-minute bugs that were not caught in the previous colors in preparation for launch

So far the Alonzo roadmap is on schedule, meaning we could see Cardano smart contracts live as soon as late August or early September

ADA Cryptocurrency Price Analysis

I could see ADA reaching 4-5 dollars by the end of the year assuming Bitcoin see’s another slingshot to the upside in September or October which is likely in my opinion

Charles Hoskinson ADA Holdings

Charles noted in AMA that he briefly became a billionaire during the last bull market, and that he became a billionaire again earlier this year. In both cases, ADA crossed the 1-dollar threshold

Charles revealed in his most recent AMA that his net worth is currently 2.5 billion dollars, which would suggest that he holds more than 1 billion ADA but less than 2 billion ADA

Cardano Smart Contract Concerns

For starters, there still doesn’t seem to be a comprehensive list of crypto projects that will be deploying on the Cardano blockchain. It also lacks cross-chain bridges with other key cryptocurrency blockchains

~~~~~

 

Cryptocurrency Exchanges

BlockFi

Binance

Kucoin

Changelly

HitBTC

Mining Softwares

Kryptex

The HiveOS

CudoMiner

 

All Crypto Guide

Disclaimer:
This is for informational purposes only. All Crypto Guide does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice.

You May Also Like

Bitcoin (BTC) $ 54,279.00 0.42%
Ethereum (ETH) $ 4,047.29 1.21%
Binance Coin (BNB) $ 592.86 0.40%
Tether (USDT) $ 0.997215 0.64%
Solana (SOL) $ 187.79 3.29%
Cardano (ADA) $ 1.52 3.15%
XRP (XRP) $ 0.932112 1.94%
USD Coin (USDC) $ 0.997915 0.56%
Polkadot (DOT) $ 34.37 1.69%
Dogecoin (DOGE) $ 0.201069 2.05%