On March 31, Cardano will become a fully decentralized platform, this means that over 1,800 community pools will be responsible for block production. Since the release of the Shelley update in July 2020, Cardano was slightly criticized by the DeFi community for issuing their own blocks while its SPO (stake pool operator) was being developed, instead of leaving the production to the community. Now the protocol is ready to become a fully decentralized platform. Cardano’s...
Read More »Charles Hoskinson Reveals Timeline for Cardano Smart Contracts Testnet
The founder of Cardano, Charles Hoskinson, tuned in through another video, explaining some of the next steps ahead of the team. In the laid-out roadmap, he outlined that a testnet for the long-awaited smart contracts on Cardano should be rolled out in late April or early May.Cardano Smart Contracts Getting CloserAt the time of this writing, Cardano’s native cryptocurrency, ADA, is trading at around $1.20 and sits on a market cap of almost $40 billion. This makes it the fourth-largest project...
Read More »Cardano to Support NFT Marketplaces, Hints Charles Hoskinson
While doing the necessary work on the upcoming hard fork Alonzo, Cardano’s founder Charles Hoskinson said that his project would also focus on NFTs and NFT marketplaces. He noted that Cardano has already carried conversations with several such marketplaces about potentially transitioning to its blockchain.Cardano and the NFT ManiaNon-fungible Tokens (NFTs) are undoubtedly the hottest trend in the cryptocurrency space this year. It enabled representatives of other industries, such as artists,...
Read More »Charles Hoskinson Offers Ideas On Satoshi Nakamoto
As the co-founder of Ethereum, Charles Hoskinson has always held a top spot in the crypto industry.Hoskinson Offers Another BTC-Related DishRecently, Hoskinson was one of a few investors to suggest that bitcoin could reach the six-figure range in the year 2020. Alongside individuals such as Ross Ulbricht of Silk Road fame, Hoskinson was quick to suggest that the world’s number one cryptocurrency by market cap could potentially hit $100,000 by the time the year was finished.Given that bitcoin...
Read More »Has Luck Run Out for Bitcoin This Year?
Bitcoin has taken another turn for the worse and is presently trading at approximately $6,160 at the time of writing.Bitcoin May Not Have a Good Year in 2020Both crypto ad stocks have fallen further after U.S. President Donald Trump warned that the first two weeks of April could be very difficult for Americans, bringing more coronavirus-related deaths and further damage to the country’s financial and economic infrastructures.But for the most part, this is still short-term damage. Everything...
Read More »Ethereum Price Bounces Back to $230 while Fundamental Metrics Continue to Increase
Ethereum price goes up as bulls seem like waiting for major bullish action. The developers are teasing the community with ‘big code update’ and prepare several possible upgrades, both controversial and useful.Since the lows of Q4 2019, Ehtereum price and network has gained significant steam. The hash rate, transactions per day, and the number of active addresses all rising. The network currently consists of around 7,100 public nodes. During the last 24 hours, ETH shows $3,71 billion of the...
Read More »2020: A New Era for Bitcoin Has Arrived
2020 is literally right around the corner. In what will be the final posting for Live Bitcoin News during 2019, let’s conclude our end-of-year series and examine how bitcoin might maneuver throughout the next 12 months, and how 2020 may stand in terms of bitcoin prowess.The Bitcoin Price Is Slated to Go BigWe’ve yet to begin the year, and already analysts and industry experts are going crazy with their price predictions for the world’s leading digital currency. Allegedly, this is the year...
Read More »Cryptocurrencies Work Thanks to Key People, Not Blockchains
The outsiders may believe fancy Telegram graphs showing Bitcoin‘s decentralization levels and metrics. However, many of that stats supply data from a parallel reality. Because you cannot claim full decentralization when the majority of the industry is maintained by the same three to five companies. The will of the investors, not the cyberpunk spirit, changes the price of coins or destroys companies.There are at least seven influential people in the crypto space, including investors and...
Read More »As Cryptocurrency Becomes Inevitable: Is Bitcoin on the Brink of a Santa Claus Rally?
The Bitcoin and crypto money markets have thrust in a downward pattern for quite some time, but with only half a month until Christmas, Bitcoin bulls are anticipated, could we be expecting another Santa Claus rally?The Bitcoin price forecast is approximately a part of the highs of its year so far, with most (but not all) altcoins struggling to stay closely related to Bitcoin and recording worse results.Currently, Bitcoin and crypto enthusiasts anticipate unexpected price growth, specialized...
Read More »Charles Hoskinson: BTC Will Hit the Six-Figure Mark Soon
Ethereum co-founder Charles Hoskinson believes that bitcoin is about to achieve big things.Hoskinson: BTC Will Reach $100,000Via Twitter, Hoskinson posted his beliefs that bitcoin could easily reach $100,000 in the coming years. This arguably puts him up there with the likes of venture capitalist Tim Draper, who has stated that bitcoin is likely to hit the six-figure mark by the time 2023 rolls in.Hoskinson’s words are intriguing in that he is the co-builder of arguably bitcoin’s biggest...
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