Cardano (ADA): A New Cryptocurrency and More

[adatainment]

On July 2nd and 3rd, there will be a 2-day virtual summit to mark the beginning of this new era for Cardano.

Visit for speaker details and to register (free):
https://cardanosummit.iohk.io

Also please watch this teaser:
https://www.youtube.com/watch?v=BBX1LC5Quxs

[1713980252]

1713980252

[1713980252]

1713980252

[1713980252]

1713980252

[1713980252]

1713980252

[1713980252]

1713980252

[mich]

There are now over 200 stake pools on the Cardano (ADA) Shelley testnet

According to the company’s weekly product update, this week is set to see the implementation of Shelley functionality within the Daedalus wallet, as well as minor upgrades to KPIs and the overall user experience of the network.

https://cryptoslate.com/there-are-now-over-200-stake-pools-on-the-cardano-ada-shelley-testnet/

[mich]

Hoskinson: Cardano’s Prism will compete with Microsoft, new announcements

In an interview with Ryan Selkis from Messari, Charles Hoskinson, the inventor of Cardano and founder of IOHK, spoke about the progress of the project, the challenges of the last weeks and the future roadmap. As Hoskinson noted, Cardano had a reputation in recent years for taking a very long time to develop and making no progress.

https://www.crypto-news-flash.com/hoskinson-cardanos-prism-will-compete-with-microsoft-new-announcements/

[lemonandfriesonetwo]

Cardano’s IOHK and Global Blockchain Business Council Join Hyperledger

Hyperledger has attracted eight new members, spanning firms working on blockchain based supply chain solutions, payments, and token standardization.

https://cointelegraph.com/news/cardanos-iohk-and-global-blockchain-business-council-join-hyperledger

This is another piece of good news that is making CARDANO a really first class project. I really like it when projects come together to work, as opposed to fighting each other as we are all in this together. The Alternative is the current Financial System which is totally rigged and corrupt, or we move forward to a more fairer decentralized global economy. I know the price is retracing now, since the last pump as the market now is bleeding and the big guns are taking all their profits, but I am ready now for staking in August, so am just loading up every few days. I was loading up daily but now we have a falling knife scenario and don't know yet where the bottom is I will wait to see if we drop further before adding to my bag.

I also agree that soon enough we will see the price retrace back to the up trend.

[Anarchy101]

Hey, did Cardano team already released the date for the launch of shelly hardfork on the network? If yes can someone please tell me what that date is Thank you

[adatainment]

Hey, did Cardano team already released the date for the launch of shelly hardfork on the network? If yes can someone please tell me what that date is Thank you

Sure,
Shelley Code Release either on June 30 or July 7.
Shelley Hard Fork on July 29.
Rewards from incentivized testnet available on Aug 3.
First staking rewards from mainnet on Aug 18.

[othell_rogue]

Hey, did Cardano team already released the date for the launch of shelly hardfork on the network? If yes can someone please tell me what that date is Thank you

Sure,
Shelley Code Release either on June 30 or July 7.
Shelley Hard Fork on July 29.
Rewards from incentivized testnet available on Aug 3.
First staking rewards from mainnet on Aug 18.

Cool stuff, thanks for the heads-up!
So we get the incentivized testnet rewards until July 29 (before the hardfork) or we stop receiving them earlier?

[Anarchy101]

Hey, did Cardano team already released the date for the launch of shelly hardfork on the network? If yes can someone please tell me what that date is Thank you

Sure,
Shelley Code Release either on June 30 or July 7.
Shelley Hard Fork on July 29.
Rewards from incentivized testnet available on Aug 3.
First staking rewards from mainnet on Aug 18.

I am fairly new to Cardano and I can say these are really exciting times for the entire ADA community out there. The next couple of months will be really awesome if you are holding your ADA because of staking. Hopefully, we will be able breakthrough 1k sats

[mich]

Cardano Creator Charles Hoskinson Blasts the ‘Biggest Lie’ in Crypto: The Network Effect

“They say ‘we’re the dominant platform’. Yes, you’re the dominant platform. It’s like saying you’re the biggest fish in a very tiny pond next to the ocean. No one has won. We’re all fighting right now in a small pond.”

https://dailyhodl.com/2020/06/21/cardano-creator-charles-hoskinson-blasts-the-biggest-lie-in-crypto-the-network-effect/

[versprichnix]

i have the daedalus wallet and want to withdraw from one address only. How can i realize this, i don't see a coin control feature? i even cannot see how to extract the private keys. Can anybody give me a hint?

[adatainment]

Cool stuff, thanks for the heads-up!
So we get the incentivized testnet rewards until July 29 (before the hardfork) or we stop receiving them earlier?

No, the current ITN rewards are already depleted. (I think since 19th) But all the operators were asked to run the ITN infrastructure for at least another month to work out a plan/roadmap of what to do with the ITN going forward. The ITN is operated solely by the pool operators. They are the only ones in charge, the ones who can decide about it. Theoretically, this network could already now live on forever if the operators want it to. (without incentives of course)

[adatainment]

i have the daedalus wallet and want to withdraw from one address only. How can i realize this, i don't see a coin control feature? i even cannot see how to extract the private keys. Can anybody give me a hint?

The current version does not have such a coin control feature. Daedalus picks the UTXO automatically based on clever rules to prevent a lot of change and to avoid dust. But you can suggest a feature through the wallet UI if you like to.

Daedalus also does not allow you to extract the private keys in a convenient way. (that said I'm sure there are some hacky ways to decrypt the keyfile with your spending password and go from there)

[nista]

Hi guys. Can you suggest a trustworthy lightweight wallet for ADA?
I'm thinking something like coinomi or electrum...

[adatainment]

Hi guys. Can you suggest a trustworthy lightweight wallet for ADA?
I'm thinking something like coinomi or electrum...

Yoroi: https://yoroi-wallet.com
It's developed by Emurgo, the commercial arm of Cardano.

Adalite.io: https://www.adalite.io
AdaLite.io was developed by vacuumlabs, they were also responsible for the Cardano Ledger app and won the crypto puzzle at the IOHK Summit 2019.

[mich]

Cardano: ITN Balance Check and Shelley hard fork successfully tested

It’s been another great week on the Shelley testnet, with our pioneers helping more stake pools come onboard and the release of our first Shelley Daedalus wallet (initially just for pool operators). So far, so good – all going according to plan.

https://www.crypto-news-flash.com/cardano-itn-balance-check-and-shelley-hard-fork-successfully-tested/

[adatainment]

Just did this Twitter thread. It is packed with high-level Cardano information. Enjoy short, Cardano related explainer style videos - not just for all the new people:
https://twitter.com/adatainment/status/1275315145137369088

[adatainment]

Tune in for IOHK's latest edition of LIVE monthly show, where we're bringing you all the latest Cardano development news. Join your hosts Tim Harrison & Aparna Jue, and members of the Cardano team to hear all the latest updates.
https://www.crowdcast.io/e/rb5ymwzk/register

[mich]

Industry exec believes Cardano (ADA) will be the fifth-largest crypto in 2021

At the peak of 2018’s bubble, the altcoin was trading above $1.00. That coincided with a market capitalization of over $30 billion. At the time, Cardano’s market cap was the size of a mid-large-cap company.

https://cryptoslate.com/industry-exec-believes-cardano-ada-will-be-the-fifth-largest-crypto-in-2021/

[Anarchy101]

Any idea what's the current transaction per second on CARDANO is? And will the upcoming hardfork play any role in increasing the TPS of the chain?

[mich]

Why Cardano’s Ouroboros will be a game changing protocol, according to its chief scientist

Cardano’s proof-of-stake protocol is set to bring about unprecedented decentralization, but the mechanisms that drive it are still a mystery to many. Cardano’s chief scientist professor Aggelos Kiayias dove deep into Ouroboros and detailed the principles on which the ambitious protocol is based on.

https://cryptoslate.com/why-cardanos-ouroboros-will-be-a-game-changing-protocol/