Cardano (ADA): A New Cryptocurrency and More

[iCEBREAKER]

Cardano delivers yet another holy grail, this time for fungibility/privacy!!!

Sonic: Zero-Knowledge SNARKs from Linear-Size Universal and Updateable Structured Reference Strings


ABSTRACT

Zero-knowledge proofs have become an important tool for addressing privacy and scalability concerns in cryptocurrencies and other applications. In many systems each client downloads and verifies every new proof, and so proofs must be small and cheap to verify.The most practical schemes require either a trusted setup, as in (pre-processing) zk-SNARKs, or verification complexity that scales linearly with the complexity of the relation, as in Bulletproofs. The structured reference strings required by most zk-SNARK scheme scan be constructed with multi-party computation protocols, but the resulting parameters are specific to an individual relation. Groth etal. discovered a zk-SNARK protocol with a universal and updateable structured reference string, however the string scales quadratically in the size of the supported relations.Here we describe a zero-knowledge SNARK, Sonic, which sup-ports a universal and continually updateable structured reference string that scales linearly in size. Sonic proofs are constant size, and in the batch verification context the marginal cost of verification is comparable with the most efficient SNARKs in the literature.We also describe a generally useful technique in which untrusted “helpers” can compute advice which allows batches of proofs to be verified more efficiently.


Our Contributions

We present Sonic, a new zk-SNARK for general arithmetic circuit satisfiability. Sonic requires a trusted setup, but unlike conventional SNARKs the structured reference string supports all circuits (up to a given size bound) and is also updateable, so that it can be continually strengthened. This addresses many of the practical challenges and risks surrounding such setups. Sonic’s structured reference string grows linear in size with respect to the size of supported circuits,as opposed to the scheme by Groth et al. which scales quadratically. The structured reference string in Sonic also does not need to be specialized or pre-processed for a given circuit. This makes a large,distributed and never-ending setup process a practical reality.


CONCLUSIONS

Zero-knowledge protocols have gained significant traction in recent years in the application domain of cryptocurrencies, which has led to the development of new protocols with significant performance gains. At the same time, the requirements of this application have given rise to protocols with new features, such as an untrusted setup and a reference string that allows one to prove more than a single relation. In this paper, we present Sonic, which captures a valuable set of trade-offs between these key functional requirements of untrusted setup and universality. At the same time, as we demonstrate via a prototype implementation, Sonic has competitive proof sizes and verification time with the state-of-the-art.

tldr; Cardano fixed all the things that make Zcash shitty but kept the good stuff that makes Zcash marginally interesting

[bitcircle]

A new roadmap for Cardano will be introduced on the 18th of April (or slightly after that) of this year:

The Cardano roadmap is changing. We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18. CEO Charles Hoskinson will outline this vision in his keynote speech and the roadmap will be relaunched with a renewed focus on this milestone. For the time being, we will be removing the timer on the roadmap page as well as publishing intermittent updates about important software releases.

Team IOHK

It is interesting to keep eye on this project surely it will make this more great than before the development going on much faster. Cardano is project for next generation and it will open the door of opportunities and will make involve in this.

[Raja_MBZ]

A new roadmap for Cardano will be introduced on the 18th of April (or slightly after that) of this year:

The Cardano roadmap is changing. We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18. CEO Charles Hoskinson will outline this vision in his keynote speech and the roadmap will be relaunched with a renewed focus on this milestone. For the time being, we will be removing the timer on the roadmap page as well as publishing intermittent updates about important software releases.

Team IOHK

It is interesting to keep eye on this project surely it will make this more great than before the development going on much faster. Cardano is project for next generation and it will open the door of opportunities and will make involve in this.

IOHK CEO Charles Hoskinson To Announce Big Updates To Cardano Roadmap At ADA Event Summit

https://bitcoinexchangeguide.com/iohk-ceo-charles-hoskinson-to-announce-big-updates-to-cardano-roadmap-at-ada-event-summit/

[Raja_MBZ]

Cardano Washington DC meetup on 28th February 2019:

https://www.meetup.com/Cardano-Blockchain-Washington-DC/events/kntlnqyzdblc/


While you're sleeping, IOHK is working:

https://www.youtube.com/watch?v=tLQeHpyDhxU


Yesterday's Charles Hoskinson's surprise AMA session:

https://www.youtube.com/watch?v=1zR9gMSIZKs

[Raja_MBZ]

New update of Yoroi:

Yoroi (Chrome) v 1.3.0 is released! (Automatically updates)
- Daedalus Paper Wallet support
- French language support
- New "About Yoroi" tab

I've just used the "Daedalus Paper Wallet" recovery feature and it worked perfectly!

[iCEBREAKER]

This is bug report for Emurgo.

https://emurgo.in/about-us/ displays the staff pics with distorted dimensions when using Brave.

It's kind of funny but doesn't look professional  .

https://i.imgur.com/jORXXHR.jpg

[StyleForceOne]

Hello friends,
I would like to steal my cardano, preferably without a pool but just on my private pc, is that possible?

and how about the staking pools? Do I have to send them or stay in my possession on my wallet?
thx

[CoinCowgirl]

Can you please tell me more about ADA?

[StyleForceOne]

Hello friends,
I would like to steal my cardano, preferably without a pool but just on my private pc, is that possible?

and how about the staking pools? Do I have to send them or stay in my possession on my wallet?
thx

If I understand you correctly, you're looking to stake your ADA (Cardano), right?

As of now, you can't stake ADA. The staking (Shelley) will be active from March/April, only then you'll be able to stake your ADA. You'll definitely be able to use the staking pools for staking, and you won't have to send your ADA anywhere for that; your coins will stay with you!

ok thank you for the detailed explanation that helped a lot
that should hurry up I want to finally staken

[miningguru]

A new roadmap for Cardano will be introduced on the 18th of April (or slightly after that) of this year:

The Cardano roadmap is changing. We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18. CEO Charles Hoskinson will outline this vision in his keynote speech and the roadmap will be relaunched with a renewed focus on this milestone. For the time being, we will be removing the timer on the roadmap page as well as publishing intermittent updates about important software releases.

Team IOHK

It is interesting to keep eye on this project surely it will make this more great than before the development going on much faster. Cardano is project for next generation and it will open the door of opportunities and will make involve in this.

Yes, a lot of people have strong faith in this Cardno project even though the price of ADA is low but people still accumulating this coin due to because the potential development it is doing in the background. I hope Cardano is for long term investment which we can see the price of ADA will increase in the year 2020 easily.

[Piston Honda]

been buying for months.

let's fly baby!

[AlloM]

been buying for months.

let's fly baby!

It's worth to keep buying this coin now it getting established dev support is increasing and they are delivering some amazing features which will make this ecosystem more promising.

[Raja_MBZ]

IOHK Summit (Miami, Florida) coming up on 17-18 April.

Get the tickets (and the details), if you wanna be there: https://iohksummit.io/

The new roadmap of Cardano will be released within these two days as well.

[DigiSwap]

IOHK Summit (Miami, Florida) coming up on 17-18 April.

Get the tickets (and the details), if you wanna be there: https://iohksummit.io/

The new roadmap of Cardano will be released within these two days as well.

Nice. Ada need boost. But in general we should get some good news.

[Hullo]

It was effect of all the development that ADA just went upwards and many people got liquidated. This recent spike effected badly traders those were playing with ADA of similar highly potential coins continuously. Some of my close friends are repenting why they sold at around 1300 satoshi and are awaiting anxiously for another chance.

[2012]

It was effect of all the development that ADA just went upwards and many people got liquidated. This recent spike effected badly traders those were playing with ADA of similar highly potential coins continuously. Some of my close friends are repenting why they sold at around 1300 satoshi and are awaiting anxiously for another chance.

There is very simple method crypto is not for day traders in first attempt of rise majority of the people just got rekt. Actually it's for long term Hodlers who believe in the future of any project no doubt Cardano will be best project in coming days.

[CoinCodex]

Will Cardano be able to break the $0.088 resistance level?

https://coincodex.com/article/3437/cardano-price-analysis-0088-resistance-is-the-target-for-ada-bulls/

[Flypme]

We are excited to announce that ADA is available on Flyp.me, your instant accountless exchange.
Start flypping to ADA with 30 other cryptocurrencies straight from your wallet and without opening any new account.

Read more here: https://steemit.com/cryptocurrency/@flypme/exchange-cardano-to-30-cryptocurrencies-at-flyp-me-instant-and-accountless-exchanges





Twitter: https://twitter.com/flyp_me/status/1112797555614679040

[babos8383]

Will Cardano be able to break the $0.088 resistance level?

https://coincodex.com/article/3437/cardano-price-analysis-0088-resistance-is-the-target-for-ada-bulls/

Overcome to be sure can. But lately she's gone from a leading position. And it is already on the 10th place on coinmarketcap. I think it is not worth buying this coin

[gerstrix]

Is your Cardano ship about ready to sail…without you?

The Cardano project may be a next generation blockchain, making a brand new localized economy, and democratising finance in rising markets. It addresses the necessity for restrictive oversight while maintaining client privacy and protections through an innovative superimposed design. This software system stack is versatile and scalable , developed with the foremost rigorous educational and industrial software system standards. Cardano features a democratic governance model which will let the project evolve, and a visionary treasury system to fund it sustainably.

What makes Cardano (ADA) so special?

The Cardano settlement layer (CSL) stores and accounts for price, and may be a standalone blockchain with a token known as ADA. It’s what Bitcoin would seem like if it were engineered from scratch nowadays. Bitcoin’s energy-consumptive Proof of work accord mechanism has been replaced with the primary incontrovertibly secure Proof of Stake (PoS) rule, engineered specifically for Cardano. ADA users have similar privacy protections to bitcoin once transacting on the CSL, at a lot of larger speed and transactional capability as a result of its PoS rule. ADA is ready to be out there for commerce on exchanges in June.

Sources:

Some insight on ADA coin/Cardano
» https://bitcointalk.org/index.php?topic=2223889.0
CARDANO (ADA) Coin Review
» https://steemit.com/cardano/@jignesh/cardano-ada-coin-review
Cardano ADA is it a good coin?
» https://steemit.com/cryptocurrency/@milobits/cardano-ada-is-it-a-good-coin

Cardano Community Channels
» Slack: https://cardano.herokuapp.com/
» Facebook: https://www.facebook.com/groups/cardanocommunity
» Twitter: https://twitter.com/cardanocom
» Reddit: https://reddit.com/r/cardano

Is Cardano (ADA) the next in line to make it big?

Is Cardano (ADA) undervalued?

Is it possible to learn more about the project and its benefits? I can not find information. Why not in Telegrams?