ADA Stake Pool Operator: 8 Reasons to be Excited about Cardano

Cardano Community Member Discusses Blockchain Developments

Reddit user GenZod7 (ADA Stake Pool Operator Unspent/1UP) recently elaborated on eight reasons to believe in the Cardano blockchain project.

Reasons to believe in Cardano by ADA stale Pool Operator
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Why Cardano is the Real Deal

1. Adrestia

Adrestia is a product team working on developing tooling and client interfaces around Cardano. Their mission is to create an easier bridge between end-users applications and Cardano core node by pushing out higher level interfaces to interact with the Cardano blockchain…

2. Ogmios
Ogmios is a translation service written in Haskell running on top of Cardano-node. It offers a JSON-WSP interface through WebSockets and enables clients to speak to Ouroboros’ mini-protocols via remote procedure calls over JSON. Ogmios brings the Ouroboros mini-protocols to the Web, effectively allowing light clients to interact with a relay node in a very simple and efficient way…

3. Daedalus Flight 
Daedalus Flight is a new ‘pre-release’ version of the Daedalus wallet. IOHK has invited the community to help test the wallet in a series of rolling releases by finding bugs, testing new features, sharing feedback, and submitting feature requests. Please note that Daedalus Flight is working on the mainnet and uses REAL ADA…

4. The Byron Reboot
The Byron reboot is a series of updates to multiple components of the Cardano network. Namely the Cardano node, but also the Cardano explorer, the wallet backend, and the Daedalus wallet itself. The first part of the Byron reboot – a totally new node implementation…

5. Jormangandr ITN
Jormungandr is a node implementation, written in rust, with the initial aim to support the Ouroboros type of consensus protocol. A node is a participant of a blockchain network, continuously making, sending, receiving, and validating blocks. Currently, Jormungandr is running as an Incentivized Test Network (ITN), where users who held their ADA in Daedalus or Yoroi in late November are able to stake…

6. Plutus (Smart Contracts) – Goguen
Plutus provides an execution platform and functional programming language that runs on the Cardano settlement layer and provides considerable security advantages. It delivers an easier, more robust way to show that your smart contracts are correct and will not encounter the problems found in previous smart contract language design. By using Plutus you can be confident in the correct execution of your smart contracts…

7. Marlowe – Goguen
Marlowe is a new language for modeling financial instruments as smart contracts on a blockchain. It has been designed for people who are business engineers or subject experts rather than experienced developers. It is a simple domain-specific language (DSL) which comprises a small number of powerful building blocks that can be assembled into expressive financial contracts. It is embedded in the Haskell language, which has its own established ecosystem and testing framework…

8. Shelley
Full Decentralization. The Time is Almost Upon Us.

   Read the entire post, including links to other resources: 8 Reasons to Believe in Cardano

*Information contained herein is not to be construed as investment advice, always complete your own due diligence.
 

Cardano Blockchain 3.0 • ADA Cryptocurrency

Cardano Foundation, Input Output and Emurgo support the Cardano blockchain 3.0 platform.
Entities Supporting the Cardano Platform

Cardano developer Input Output is an engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities and corporations; the Cardano platform has been developed with more advanced features than any protocol yet, and is the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers, drawn from around the globe, began by deconstructing the concept of a cryptocurrency and incorporating a groundbreaking Proof of Stake Algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer-reviewed, academic research to build Cardano from the ground up.
 
The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol.
 
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain. EMURGO develops enterprise-grade applications, builds developer tools, invests in startups, and provides blockchain education; the company has offices and manages projects in Singapore, Japan, the USA, India, and Indonesia. EMURGO is a founding member of the Cardano protocol.

EMURGO Webinar, Beyond the Block: How Blockchain Can Improve Supply Chain

Blockhain Solutions & Use-Cases for Supply Chains

EMURGO provides blockchain solutions for developers, startups, enterprises and governments for the Cardano platform.
Don’t miss this FREE blockchain webinar! EMURGO Traceability Solution is a blockchain-based solution for enterprises & organizations to verifiably and securely trace products in a supply chain from origin source to end consumer with data transparency and immutability. EMURGO is a founding member of the Cardano protocol

Date: Friday, May 1st
Time:
9:00pm JST


Webinar Agenda:
– The basics of blockchain technology
– How does blockchain add value to the supply chain?
– Use cases for blockchain integration into supply chain models
– Live discussion of EMURGO Traceability Solution integration with Blue Korintji Coffee
– Q&A session

More Info & Registration:
EMURGO Beyond the Block Webinar: How Blockchain Can Improve Supply Chain


Cardano Blockchain 3.0
ADA Cryptocurrency

Cardano Foundation, Input Output and Emurgo support the Cardano blockchain 3.0 platform.
Entities Supporting the Cardano Platform

Cardano developer Input Output is an engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities and corporations; the platform offers more advanced features than any protocol yet developed, and the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers drawn from around the world started by deconstructing the concept of a cryptocurrency; then, incorporating a groundbreaking Proof of Stake algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer reviewed academic research to build Cardano from the ground up.
 
The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol.
 
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain. EMURGO develops enterprise-grade applications, builds developer tools, invests in startups, and provides blockchain education; the company has offices and manages projects in Singapore, Japan, the USA, India, and Indonesia. EMURGO is a founding member of the Cardano protocol.

Chief Scientist at IOHK – Blockchain 3.0, a Powerful Game Changer

Professor Aggelos Kiayias Provides Insight to Blockchain 3.0
 

Aggelos. Kiayias, Chair in Cyber Security and Privacy. University of Edinburgh UK and Chief Scientist at Input Output.
Follow Prof. Aggelos Kiayias on Twitter
Prof. Kiayias, Chair in Cyber Security & Privacy at the Univ. of Edinburgh in the United Kingdom and Chief Scientist at Input | Output, explains why third-generation blockchain Cardano will begin to live up it’s potential in 2020.
Ouroboros Hydra – “Solving this scalability problem is considered by many to be a holy grail…proof-of-stake (PoS) layer-2 blockchain protocol dubbed Ouroboros Hydra that is capable of scaling to the physical limits of global network capacity…each head can process up to 1000 transactions per second…”
Smart Contracts – “The real power of the protocol however is in its ability to enable general purpose smart contracts to become ubiquitous…allow millions across the developing world to enjoy access to previously inaccessible financial services, including remotely pay for vital services, from utilities to healthcare, with low-grade cellphones.” 
Read the entire article at: Digital Banking Trends of 2020
 

Cardano Blockchain 3.0 ADA Cryptocurrency

Cardano Blockchain ADA Cryptocurrency Separate Entities; Cardano Foundation, Input Output, Emurgo.
3 Entities Supporting the Cardano Project

Cardano developer Input Output is an engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities and corporations; the platform offers more advanced features than any protocol yet developed, and the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers drawn from around the world started by deconstructing the concept of a cryptocurrency; then, incorporating a groundbreaking Proof of Stake algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer reviewed academic research to build Cardano from the ground up.
 
The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol.
 
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain.

Cardano Blockchain Community Member Highlights 2020 Milestones

Cardano Project Set to Usher in Next Generation Blockchain Platform

Cardano Community member Max recently tweeted milestones expected to be completed by the project in 2020.

A Cardano Blockchain & ADA Cryptocurrency Advocate
Follow Max on Twitter
  1. Shelley Thanks to the Shelley release, Cardano will instantly become one of the (if not THE) most decentralized networks, with an incredibly active ecosystem of delegators and stakepools.
  2. Goguen Goguen will enable the creation of smart contracts written in Marlowe and Plutus on top of Cardano. Marlowe has been made to allow anyone to create dApps. Plutus has been specifically made for hardcore computer scientists.
  3. Ouroboros Hydra Hydra will enable nearly unlimited scalability, as each stakepool will be able to process 1000 tps. It’s like torrenting, the more people join, the better. 
  4. Basho Sidechains will be coming to Cardano thanks to the Basho release, allowing developers to create specific sidechains for games for example, or for specific regions like Africa for example.
  5. Prism Prism is an identity system coming to Cardano, allowing people to prove their identity on the blockchain.  
Cardano Blockchain ADA Cryptocurrency Supporting Entities, Cardano Foundation Input Output Emurgo
Three Independent Entities Supporting the Cardano Blockchain
Cardano is being developed by Input Output, an engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities and corporations; the platform offers more advanced features than any protocol yet developed, and the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers drawn from around the world started by deconstructing the concept of a cryptocurrency; then, incorporating a groundbreaking Proof of Stake algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer reviewed academic research to build Cardano from the ground up. 
The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol. 
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain.

US Regulator CFTC Pronounces Itself on ‘Actual Delivery’ for Digital Assets

US Regulator CFTC Pronounces Itself on ‘Actual Delivery’ for Digital Assets

The United States Commodities and Futures Trading Commission (CFTC) has finally pronounced itself on the definition of “actual delivery” of digital assets especially those delivered in a derivative product by a virtual asset platform.

The CFTC released a notification document on the same on Tuesday clarifying the matter which led to a court settlement back in 2016 in which Bitfinex paid a sum of $75,000 for allegedly violating trade regulations as provided for within the Commodity Exchange Act (CEA).

The commission alleged that despite the exchange ‘delivering’ funds in the form of digital assets to users on their margin platform, they still maintained control of these funds.

Following the Bitfinex settlement, the exchange’s defense team filed a petition with the commission asking for clarification on the “actual delivery” of assets given that the settlement did not provide the same. Over the years, several exchanges and interested parties have provided their opinions on the matter and now finally the commission has a definitive clarification.

“The Commodity Futures Trading Commission today announced [that] the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions involving certain digital assets. Specifically, the guidance clarifies the CFTC’s views regarding the “actual delivery” exception to Section 2(c)(2)(D) of the Commodity Exchange Act (CEA) in the context of digital assets that serve as a medium of exchange, colloquially known as “virtual currencies.”

In brief, the document states that “actual delivery” of a virtual asset is considered to have occurred when:

“(1) A customer secures: (i) possession and control of the entire quantity of the commodity, whether it was purchased on margin, or using leverage, or any other financing arrangement, and (ii) the ability to use the entire quantity of the commodity freely in commerce (away from any particular execution venue) no later than 28 days from the date of the transaction and at all times thereafter; and

(2) The offeror and counterparty seller (including any of their respective affiliates or other persons acting in concert with the offeror or counterparty seller on a similar basis) do not retain any interest in, legal right, or control over any of the commodity purchased on margin, leverage, or other financing arrangement at the expiration of 28 days from the date of the transaction.”

Heath Tarbert

CFTC Chairman Heath Tarbert released a statement saying that providing clarify was his commission’s core mandate and vision and that Tuesday’s announcement was part of the commission delivering on this mandate.

“This interpretive guidance not only fulfills that commitment, but it reflects my belief that the U.S. must be a leader in the digital asset space. These efforts are also especially critical when the hard-earned income of everyday Americans is at stake,” he said adding that “Under my leadership, the CFTC will continue to do its part to encourage responsible Fintech innovation through sound regulation.”


If you found this article interesting, here you can find more cryptocurrency regulation news

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