Cardano latest news
Here are the latest news and updates about Cardano (ADA):
Recent Developments:
- Shelley Hard Fork: Cardano's Shelley hard fork was successfully implemented on July 29, 2020, marking a significant milestone in the project's development. Shelley enables the transition from a proof-of-stake (PoS) consensus algorithm to a decentralized, community-driven proof-of-stake (DPoS) consensus algorithm.
- Goguen Hard Fork: The Goguen hard fork, which is expected to introduce smart contracts to the Cardano blockchain, is scheduled for Q4 2020. This update will enable the creation of decentralized applications (dApps) on the Cardano network.
- Cardano's Partnership with Ethiopia: In August 2020, Cardano announced a partnership with the Ethiopian government to develop a blockchain-based identity verification system. This project aims to improve the country's identity management infrastructure and increase financial inclusion.
- Cardano's Integration with the Ethereum Network: In July 2020, Cardano announced that it would be integrating with the Ethereum network, allowing users to transfer ADA to Ethereum-based wallets and vice versa.
Upcoming Events:
- Cardano Summit 2020: The Cardano Summit is scheduled to take place on October 17-18, 2020, in Lisbon, Portugal. The event will bring together the Cardano community, developers, and industry experts to discuss the project's latest developments and future plans.
- Goguen Hard Fork: The Goguen hard fork is expected to take place in Q4 2020, which will introduce smart contracts to the Cardano blockchain.
Price Updates:
- ADA Price: As of September 2020, the price of Cardano's native cryptocurrency, ADA, is around $0.08 per coin.
- Market Capitalization: Cardano's market capitalization is currently around $2.5 billion.
Community News:
- Cardano's Community Growth: Cardano's community has been growing rapidly, with over 1 million active users on the project's social media channels.
- Cardano's Developer Community: The Cardano developer community has been actively contributing to the project's development, with over 1,000 developers working on the project.
Regulatory Updates:
- Cardano's Regulatory Compliance: Cardano has been working to ensure regulatory compliance in various jurisdictions, including the United States, Europe, and Asia.
- Cardano's Partnership with Regulators: Cardano has partnered with regulatory bodies, such as the Ethiopian government, to develop blockchain-based solutions that comply with local regulations.
Please note that the information provided is subject to change and may not be up-to-date. It's always a good idea to check the official Cardano website and social media channels for the latest news and updates.