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Cardano - YFarmX | Crypto News & Education
Saturday, December 21, 2024

Cardano Network

AcademicRigor

Cardano, launched in 2017, stands out with its academic rigor, underpinned by over 90 peer-reviewed papers, aiming to enhance blockchain's scalability, interoperability, and sustainability. Its proof-of-stake protocol, Ouroboros, promotes energy efficiency and security, positioning Cardano as a leader in sustainable blockchain solutions. With upgrades like Voltaire enhancing governance, Cardano is transitioning towards full decentralisation, empowering its community with voting rights on network improvements. Despite market fluctuations, Cardano's ecosystem thrives, with significant growth in DeFi TVL and ongoing developments promising further integration and utility, reflecting its commitment to long-term technological advancement.

Cardano News

Charles Hoskinson Reacts to Criticism Over Cardano’s DeFi Ecosystem Growth

Charles Hoskinson, founder and CEO of Cadano, has once again responded to critics -- this time around Emin Gün Sirer, the founder and CEO of Avalanche's Avalabs. Cardano's DeFi ecosystem has been criticized for its slow pace of growth, as reflected in its TVL.

Cardano NFT space and Metaverse record growth

As of this writing, Pavia, Cardano's first Metaverse project, has over 22,000 landowners holding pavia.io land NFTs. The NFT-Maker platform has generated hundreds of thousands of NFT projects for the Cardano ecosystem.

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