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Cardano: You CAN'T Ignore ADA!! Latest Updatesby Coinbureau
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson and Cardano’s mainnet 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. 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.
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.
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.
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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 the 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
I could see ADA reaching 4-5 dollars by the end of the year assuming Bitcoin sees another slingshot to the upside in September or October which is likely in my opinion. 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
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
N.B. If you want to participate in a project that will be based on Cardano, you are at the right place. One of the most promising projects that will be built on top of Cardano is called Markethive. This is an imbound marketing platform along with a native coin called Hivecoin. The company will be launching its own crypto-exchange very shortly along with a host of services creating a rich ecosystem. Click here or the banner below and sign up and be awarded with 500 Hivecoin free!
