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Seiza: Cardano (ADA) Blockchain Explorer is Now Live

Cardano ADA Seiza

Cardano
has released a blockchain explorer, Seiza, to make it
easy to track transactions on the platform. The development was announced by
EMURGO, a section of Cardano’s team that develops, supports, and incubates
commercial ventures.

In
a tweet,
EMURGO said:

“We are excited to unveil ‘Seiza,’ an all-new official Cardano Blockchain Explorer developed by EMURGO! Starting right now, you can visit the website. With Shelley slated in the near future, Seiza provides utility & transparency for ADA holders.”

The Dawn of
Shelley Phase

The
release of the blockchain explorer comes at a time when Cardano is gearing up
to go through an upgrade nicknamed Shelly and which number two on Cardano’s
road map. The Shelly upgrade is in honor of Percy Bysshe Shelley, an English
poet of the 18th century.

With Shelly, Cardano aims at improving its network’s decentralization together with providing more stability with its Proof of Stake consensus mechanism

Cardano
is taking a rather untrodden path in the consensus world. Their aim is to simplify
reentry of nodes after being offline. Apart from nodes, ADA holders will be
able to delegate their stake to participate in the production of new blocks
through a stake pool. In return, Cardano “will
provide incentives to those who delegate their stake and become active
participants in the PoS consensus protocol.”

A Delegation
Certificate Bind Everything and Everyone Together

Since
everything is being handled on-chain, a delegation certificate will be created
on the Cardano blockchain to act as a binding digital document between ADA
holders that have delegated their coins and the stake pool operator.
Unfortunately, ADA holders who delegate their coins will also need to pay the
stake pool operator “to perform these
services on their behalf.”

A
quote
from Shelley’s works that best echoes with Cardano’s goals of full
decentralization reads:

“And on the pedestal, these words appear: My name is Ozymandias, King of Kings; Look on my works, ye Mighty, and despair!”

Those
that should despair at the mighty works of Cardano are centralized blockchain
platforms and those that have a poor implementation of the Proof of Stake
consensus mechanism.

Goguen, Basho, and
Voltaire

Apart from Shelly, Cardano has three other notable upgrades on the way; Goguen, Basho, and Voltaire. Each of these upgrades brings in something new to the platform.

For example, the Goguen upgrade targets to build a next-generation virtual machine plus a universal language framework targeting future blockchain technologies. As such, the upgrade aims to enhance security and dependability.

After minimizing the risk of vulnerabilities, Cardano will concentrate on improving performance, scalability, and an additional dose of security through the Basho upgrade. Voltaire will be the last leg of Cardano’s existing roadmap. With Voltaire, Cardano will introduce a governance model together with a treasury system.

“Cardano’s on-chain governance model introduces several conceptual breakthroughs, including that (1) it is a hybrid system in which participants can either vote directly or delegate their vote, (2) delegation and voting are performed simultaneously, and (3) all votes are done in private.”

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TRON (TRX) Leading by Gain: Latest for DApps and the Disappearance of the Tron-Casino

TRON

Per time of writing, the 11th largest cryptocurrency by market capitalization TRON TRX is leading the pack by percentage in increase for the last 24-hours with 7.30% while being followed by Cardano (ADA) right on its tail with 6.74%. For the weekly trade, the pair TRX/USD had a similar performance as other altcoins from the top-ten list as BTC stretched out its dominance standing 5.7% in the green since the week started – which is not close the same for the following coins.

TRX
Source: coinmarketcap

The team behind Ethereum’s first row competitor – Tron Foundation (Tron TRX) brought to its followers and supporters the Sun Network. Right now, as introduced in the beginning of April 2019, it is one of the largest networks for deploying dapps (decentralized apps) – a 2nd layer scalability solution.

[The] Sun Network is a TRON scaling solution, incorporating a series of scaling projects such as sidechain and cross-chain communication [protocols]; DAppChain is part of the TRON side chain solution. Other details of the side chain solution will be announced later. – Marcus Zhao

The platform will be supporting the improvement of TPS rate or transactions per second rate parallel with raising the efficiency of smart contract execution – based on the announcing blog post.

DooTron – a Tron gambling decentralized application has disappeared the last week without any trace or explanation. Before vanishing, it launched its second game called Shoot.

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BTC and ADA Are Showing Positive Signs With Strong Bullruns and Weaker Corrections

The
cryptomarket is going through some good times, recovering from the sharp fall
it had during 2018. The recovery of the global marketcap, and the high number
of developments around cryptos and blockchain technologies has led many
analysts to claim that we are close to witnessing not only a stabilization of
the markets but also a bullish trend in the short term.

Of all the crypto currencies on the ecosystem, BTC has always been the reference token, not only for holding the most powerful position in the top 10 but also for having the highest number of users and software developments.

BTC is Having a Great Week

BTC has
experienced a significant price increase. After a period of constant “Bart
Simpsons”, it finally seems that the most important cryptocurrency in the world
broke the 5k resistance. This marks an a crucial milestone as it is a a value
that could not be reached for months.

However, during the last few hours BTC was curiously bullish. The token easily broke the 5.4K to flirt with the 5.6K band. If this trend continues, it could be said that BTC has been bullish for the entire past week, winning between 500 to 600 Dollars per token.

BTC. 30 minute candles. After the big green candle, 5580 has become a new support
Bitcoin (BTC) 1day candles. courtesy Tradingview

Cardano (ADA) Also Shows Some Positive Signs

Another token that has been specially bullish is Cardano (ADA) The project that promises to solve the “blockchain trilemma” experienced a a surge of about 10% in less than 24h, standing at one point almost at $0.08 per token.

One of the reasons for this rise is the positive reaction of the market to the announcement by Charles Hoskinson (head of the project) saying that IOHK managed to close a an association with the Ethiopian government to popularize the use of Cardano in that region.

According to Mr. Hoskinson, thanks to this partnership the Ethiopian authorities, the government will allow its citizens to use ADA to make payments as if it were fiat. Also, residents of Addis Ababa, the capital of the country, will be able to use ADA to pay for public transport services in the city.

Right now, Cardano (ADA) experienced a correction that placed the token back to the support at 0.074 USD. The token then went up again to 0.075 with signs of another possible bullish trend in the short term

Currently the bullish trend seems to be solid in most of the markets. The signs of a trend reversal are not strong enough to be frightened, however it is important to follow the charts, remembering that cryptocurrencies are extremely volatile.

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Cardano ADA/USD Returning to $0.0800: Going for Stellar XLM Position after Reaching $2 bln market cap

ADA Future

With the leading pair BTC/USD finally breaking above the major $5,400 – a wave of positive predictions flooded in from analysts and the crypto-community in general as per today’s performance.

Read – Bitcoin To Rally Past $6,000? Crypto Analysts Weigh In

The highest gaining for the top-ten leading cryptocurrencies is the 10th ranked by market capitalization Cardano (ADA) which now is counting above $2.0 billion market capitalization and it seems like it is closing-in to XRP’s rival Stellar XLM that is standing at $2.193 bln. Per time of writing the pair ADA/USD is changing hands at $0.0773 with 5.10% increase in the last 24-hours.

Source: coinmarketcap

Taking in-consideration the well impacting effect of the complete market sentiment, seeing how the daily trading trend is cleared with a chance of positively closing above it is possible that in the few coming days Cardano’s native token ADA will return at $0.0800 or above against the US Dollar.

In a previous title related to Cardano, the team at EWN highlighted Charles Hoskinson’s [Cardano Founder and Inside Outside Hong Kong CEO] opinion on the future of crypto. Mr. Hoskinson gave a critical take on ETH and EOS during and interview with Fortune in the beginning of the month. He told his interviewers that the strength of cryptocurrency moving forward will be through defining itself as a decentralized industry–one that necessitates ‘leaderless-ness.’

“This is the first time ever where we’re flirting with the idea of a corporation without a CEO or a country without a president. That is a very big challenge and it’s something I think will consume the majority of the 21st century for the cryptocurrency space.”

He sees other projects in the same industry as they are promoting a top-down approach, establishing figures that are similar to a “president or king or committee or group that we’ve endowed with special powers.” According to him true decentralization would be a bottom-up community.

Read also:Cardano ADA Founder Charles Hoskinson Says Cryptocurrency Needs Interoperability

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Today’s Crypto Highlights: Tezos (XTZ), Basic Attention Token (BAT) and Cardano (ADA)

ADA XTZ BAT

As the crypto-pioneer returns above $4,000, altcoins are following-up with a speedy recover from the previous drop that occurred last week and not stopping while going for the November highs [2018] despite that the pair BTC/USD is battling all-day to overcome the major $4,100.00.

Outstanding is Cardano’s ADA/USD performance for the past days signaling how supportive the community is of the optimistic vision that its team set forward despite the hindrances met [with the public letters of disappointment published towards Cardano Foundation which set in motion the later-on changes in the leading board of the team] as IOHK, the team in charge of the development of Cardano (ADA), just announced the release of Cardano 1.5, satisfying the expectations of the community which directly was reflected with the upcoming days experiencing gain in value against the US Dollar.

Source: coinmarketcap

Last time the pair ADA/USD reached the $0.0700 level was in the end of Nov, 2018.

When it comes to double digit gainers – the 18th ranked cryptocurrency by market capitalization TEZOS XTZ is among the highest with 18.77% only in the last 24-hours as it is changing hands with USD at $0.9382 and potentially testing the important $1.0000 below which the pair XTZ/USD dropped back mid-November – five months ago.

The momentum as many are pointing out came due to the announcement of Coinbase Custody – a new service launched by Coinbase. The staking service by the crypto-exchanging platform will start with Tezos’ PoS service. It would allow investors to delegate their XTZ token holdings in running the Tezos blockchain. 

“The launch of Tezos staking through Coinbase Custody serves an acute need that existed up until now: a way for institutional participants who rely on a secure, offline custodian to take an active role in the network,” offered Kathleen Breitman, co-founder of Tezos. “Achieving our mission of creating a ‘digital commonwealth’ means facilitating participation for all, and that includes the institutional customers that Coinbase Custody brings to space.”

The Basic Attention Token, which transacts the token transfers via Ethereum’s blockchain, made its debut in the cryptocurrency industry with the target of resolving present marketing and advertising issues with which individuals have to deal with in the particular industry.
BAT has been designed to bring efficiency in the marketing and advertising industry. The digital token, BAT is exchangeable among publishers, advertisers as well as users. Per time of writing the BAT is increasing for 13.56% against the US Dollar only in the last 24-hours.

The post Today’s Crypto Highlights: Tezos (XTZ), Basic Attention Token (BAT) and Cardano (ADA) appeared first on Ethereum World News.

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Cardano (ADA) Overtakes TRON’s (TRX) 10th Place: 1.5 Version Bullish Trend Continues

Development

Following-up IOHK’s [one of the three-branch arms that run the Cardano project] announcement of the release of Cardano 1.5, the momentum that the price gained is still keeping up and living to its expectations.

Per time of writing – the pair ADA/USD is changing hands at $0.05874 marking the highest gain among the top-ten cryptocurrencies by market capitalization for the last 24-hours of 10.50% [leading BTC’ market by 10.10%]. The performance hoisted Cardano up to the 10th position replacing the famous and much respected project – TRX Tron by Justin Sun. Turning back to the price against the US Dollar, ADA has increased since beginning of February over 60.00%. While reaching and overcoming the major $0.0600 will present itself as a real-hurdle, for the upcoming days it is looking well for any near term trader.

Source: coinmarketcap

Today we release Cardano 1.5 on the Cardano mainnet. The Cardano 1.5 release is a milestone because it is the last major Cardano release of the Byron development phase, which we have been in since the launch of mainnet. – Maki Mukai in Cardano’s official forum

Key highlights of the release:

  • Byron to Shelley
  • Protection against 51% attacks – Ouroboros BFT
  • The evolution of Ouroboros will continue with a HF with the move to Ouroboros Genesis
  • Additionally – Update of Daedalus.

A few weeks ago, the venture and commercial arm EMURGO announced that it is planning to expand further into India via opening a blockchain academy. Called EMURGO Academy – the institution targets to train developers that are interested into blockchain-crypto developing thus increasing adoption of block-tech. EMURGO’s academy aims at supplying talented developers with the tools needed to thrive in the blockchain industry.

“The big accomplishment is just learning how to have a cryptocurrency in the market, learning how to have a product that can evolve at a reasonable pace, and being able to actually execute on the science, because the science is so very complicated and it’s all new protocols. And being able to actually go from the lab to a specification to code, and have a reasonable vision of how we’re actually going to roll that code out and ship it to people and get it to work. I think that that’s what I’m most proud of.”

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Cardano (ADA) Attempt to Break Above $0.4800: Latest News Summary

Per time of writing one of the only in the green among leading coins by market capitalization is Cardano (native token ADA  ranked 11th) counting 3.35% increase in the last 24-hours. Despite that it is lower compared to Yesterday (10th of March) the transaction volume of ADA is currently on the rise reaching for the big $40 mln ($39.1 mln present) on various crypto-exchanging platform.

ADA

Source: coinmarketcap

The pair ADA/USD is currently changing hands at $0.04666 and as it is standing on the rising on the hourly trading chart it is possible that in the coming days the value will test the major $0.4800 with the chance of breaking above the monthly declining trend while riding on the supportive trend.

Coin News

Cardano (ADA) Latest:

– One of the three parties that make Cardano [ADA] the project that it is today – the venture and commercial arm EMURGO announced that it is planning to expand further into India via opening a blockchain academy.

Called EMURGO Academy – the institution targets to train developers that are interested into blockchain-crypto developing thus increasing adoption of block-tech. EMURGO’s academy aims at supplying talented developers with the tools needed to thrive in the blockchain industry.

– During YouTube’s Cryptocurrency Virtual Summit, the co-founder and creator of the 11th largest digital coin by market capitalization – Charles Hoskinson, also co-founder of Ethereum [coin lead by Vitalik Buterin], dug dipper into the progress which Cardano made until now since its debut and what kind of mindset does it take to run a project of this scale even during cold weather. According to Mr. Hoskinson, what stands the most out for him is the teachings that the road until now gave him and his team on how to introduce and make a cryptocurrency function in the market.

“The big accomplishment is just learning how to have a cryptocurrency in the market, learning how to have a product that can evolve at a reasonable pace, and being able to actually execute on the science, because the science is so very complicated and it’s all new protocols. And being able to actually go from the lab to a specification to code, and have a reasonable vision of how we’re actually going to roll that code out and ship it to people and get it to work. I think that that’s what I’m most proud of.”

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Ethereum (ETH), Cardano (ADA) and NEO Showcasing Resistance towards the Bears

With the speedy up and downs throughout the market, it has a reached a difficult state to predict what could take place or happen next. But, for the time being the one that is standing out heavily is Ethereum – the third largest by market capitalization.

Ethereum ETH

Without a doubt, the talk of the week is Ethereum and how its performance is closing-in dangerously towards Ripple”s XRP just-gained second place right below Bitcoin (BTC). Roughly two weeks after the fateful BCH civil war took the crypto market by surprise and threw it off a cliff, Ethereum and most coins took heavy blows by the bears. However, XRP appeared to stand ground and reach $4 bln more market capitalization just in a few days compared to the previous-second place holder.

Returning to the present, the very popular Ethereum is standing in the spotlight for the past week and so it is only half a billion far from Ripple’s XRP. Per time of writing the pair ETH/USD is one of the only in the green with 2.70% gain in the last 24-hours.

source: coinmarketcap

As XRP experienced heavy grinding throughout the year, many thought that Ethereum is history and now the real game is between the crypto-pioneer Bitcoin BTC and the speedy XRP.

However, the next weeks and months could counter-reply the ETH-bearish ideas spread in the crypto community. Case in point, the project’s Constantinople upgrade, the next step in Ethereum’s multi-year plan to integrate Serenity (Proof of Stake, sharding, etc.), is slated to activate over the next three weeks.

Constantinople, which will cut Ether’s issuance rate by 33% and activate short-term scaling solutions, will activate (via a hard fork) at the processing of the 7,080,000 blocks.

Read in details:

Ethereum (ETH) Closes In On XRP After 15% Gain

Showcasing good numbers are also Cardano ADA and NEO against the US Dollar. The pair ADA/USD has reached the level of $0.043 with 3.23% increase in the last 24-hours expanding the market cap gap between it and IOTA (MIOTA). Also, NEO is battling sellers to re-test the major $10.00 mark is it is counting 4.35% in the last day.

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Cardano [ADA] To Survive and Showcase ‘Interest’ in the long Run

Experiencing the current general market uncertainty, many crypto-enthusiasts and traders ask themselves more often which coin will turn as true value in the years to come.

Taking a look at the yearly chart and seeing the not-stopping price decline of the  virtual assets you can easily conclude that 2017 was the year of gold-rush while now technological potential is truly being the base of value comparison. Additionally, if one certain blockchain platform network does find its widespread adoption it does not mean that the native token will be part of the utilization too.

With the much anticipated atomic swap being underway various token’s have their value at risk as there is no necessity of holding on a coin for a longer time. One digital currency that will not be impacted by the last mentioned factor is Cardano and its price/value staking. Opening doors for a way to receive passive income via holding the token on a longer term, will give individuals a reason to go for the leading coin. Likewise bank interest that many use to stack value but with a dose of hype.

Additionally, the same speculative-train from 2017 could pass by again hoisting the prices exponentially, following the event of the cryptocurrencies finding complete usefulness.

Read Also:

Cardano (ADA), Stellar (XLM) See Green as Investors Respond to Coinbase

2 Reasons Cardano (ADA) Could Be Listed on Coinbase Before Stellar (XLM)

The Cardano Foundation recently wiped the dust off its one-month dormant Twitter account to issue a notable announcement, divulging that Cardano’s hierarchy had undergone a sudden shift. As Charles Hoskinson, one of the masterminds behind the Ethereum and Cardano projects alike, put it, “The Babylonian Captivity of Cardano Has Ended.”

Per a public statement issued by the Foundation, Michael Parsons, the former chairman, has stepped down from his role willingly, with this change taking effect immediately.

Weiss – Ratings: According to the recent study, XRP, XLM, ADA, and EOS were rated higher than “B,” meaning that the prestigious risk assessment firm recommends their purchase.

“These are among the few that are beginning to put it all together — the advanced tech and adoption in the real world. They’re not all the way there yet. But they’re making good progress.”

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Cardano (ADA) Blockchain Infrastructure Grows More Creating Promising Atmosphere for Investors

The first born out of philosophic research – Cardano (ADA) protocol. Very similar to Ethereum’s PoS mechanism but with improved speed and efficiency the platform delivers more advanced features without stepping down the original idea of crypto – decentralization.

While maintaining the balance of the three big ones: Decentralization, Security and Speed, Cardano attempts to improve proportionally forward with each release or published paper. This is the real vision of its founder – Charles Hoskinson, who is at the same time one of the individuals that commenced the Ethereum project.

“What we’ve done with Cardano is start with asking ourselves what a blockchain is. Does proof of work actually make a blockchain secure? Is there a way to build PoS with the exact same outcome? […] Can we do things in a way where we can achieve classical performance with decentralization so that we’re moving the tradeoff profile in a certain way? […] Every time Cardano publishes a paper we are taking a step forward.”

Bittrex, one of the leading cryptocurrency exchanges by trade volume around the world, announced a few hours ago its decision to enable crypto/fiat trading pairs for Cardano and Zcash. Its official account tweeted this and later confirmed via an email sent to its subscribers.

Bittrex is excited to open two new US Dollar (USD) markets, Cardano (ADA) and Zcash (ZEC), on September 5, 2018! …

The approval process is fast and once approved you can trade all USD markets Bittrex offers today and in the future. When approved for USD deposits and withdrawals we will reply with wire transfer instructions and you will enjoy industry-leading same or next-US-business-day deposits and withdrawals. Follow us on Twitter for new USD market announcements and the latest updates.

Its architecture and project infrastructure as a whole widespreads even more. Cardano Wallet specification will most likely produce the highest quality cryptocurrency wallet that meets certain standards. These specifications can vary  from what is expected as for example the user interface but more concentrate on the communication blockchain-software. IOHK CEO Charles Hoskinson added:

“The release of the formal specification of the Cardano Wallet Backend is a major milestone for us and for all crypto. You should demand this standard for all protocols”

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