Cardano Releases Solution that Scales More than Visa’s Payment Network

Cardano launched its off-chain scalability protocol “Ouroboros Hydra” after 5 years of development. On March 25, Cardano launched its off-chain scalability protocol, Ouroboros Hydra, after 5 years of development. An announcement sent to Cointelegraph claims that the protocol vastly increased scalability and low latency for the Cardano blockchain while using little storage on the network’s […]

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Cardano to Roll Out Commercial Infrastructure, Denies Coronavirus Delay

Cardano is working on implementing commercial infrastructure, Charles Hoskinson says development is on schedule. Proof-of-stake (PoS) blockchain Cardano (ADA) is working on implementing commercial infrastructure. The coin’s officials have reassured the public that development is on schedule. During a March 13 YouTube livestream, Charles Hoskinson — the CEO of IOHK, the firm behind Cardano — […]

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IOHK Donates $500,000 to University of Wyoming’s Blockchain Lab

IOHK donates $500,000 in ADA cryptocurrency to the University of Wyoming to advance blockchain research and development. IOHK, the software company behind Cardano, announced on Feb. 14 a donation of $500,000 in Cardano (ADA) to support and develop the University of Wyoming’s (UW) Blockchain Research and Development Lab. Professor James Caldwell, Assistant Professor Mike Borowczak […]

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