Cardano: Governance, Decentalized Exchange, Eco-friendly Technology

Cardano News & Announcements

Cardano Foundation

- Why Blockchain Governance, What is it?

Cardano blockchain's governance module, Voltaire, will be inclusive and sustainable - it will allow anyone to make proposals, give feedback on other proposals, and receive funding; additionally, it will be more inclusive for voting on funding proposals. 

 

The treasury model for funding sustains growth because it doesn’t rely on outside financing, and the treasury grows as the network grows. When both a voting and treasury system are in place, Cardano will be truly decentralized, and the future will be in the hands of the community..

Read more: Blockchain Governance; what it is and why it matters

 
Input | Output

- Orion Brings One-Stop Crypto Marketplace to the Cardano Blockchain

Orion Protocol intends to be the first decentralized gateway for the entire digital-asset market, which aggregates liquidity across both decentralized and centralized exchanges as well as swap platforms. The objective is to create a one-stop-shop for buying and selling on the blockchain, pushing crypto towards mainstream adoption by providing a single, non-custodial point of access for crypto traders on all major exchanges. Orion is also is exploring a future where digital assets like NFTs can be accessed as easily as the traditional financial market. Ultimately, Orion seeks to bring together all markets for all investors. Once fully operational, accessing NFTs and cryptocurrencies will be as easy as buying stocks and commodities.

 Read more: Orion to bring one-stop crypto marketplace to Cardano 

EMURGO

- Cardano's Environmentally Friendly Blockchain Technology 

The Cardano blockchain, since its inception has been designed to be a scalable, sustainable, and interoperable - with a research-driven approach that provides a greener alternative with it's Proof of Stake (PoS) algorithm.

For product traceability and enterprises that are focused on delivering sustainable products to their environmentally-conscious consumers, EMURGO’s Trace solution is an ideal solution already in live production with Indonesian coffee processors, track ing sustainably-farmed coffee beans. EMURGO Trace is a platform that can be used to develop frameworks appropriate for your business, utilizing Cardano’s green PoS blockchain technology.

Read more:  Cardano's “Green” Blockchain Technology Leads the Industry

 

Cardano Foundation, Input|Output and Emurgo Review

Cardano News & Announcements

Cardano Foundation

 
- Cardano Uses Significantly Less Energy, with the Same Level of Security, as Bitcoin

In Bitcoin’s and other proof of work protocols, 99% of the energy consumption is used to just select a block producer. Cardano uses a proof of stake protocol, much more energy efficient. In comparison, Cardano uses only six gigawatt-hours of energy annually compared to 115.85 terawatt-hours used by Bitcoin.

• Cardano: 6 gigawatts = ~2 average power plants
• Bitcoin: 115,850 gigawatts = Rank 31st in country’s energy consumption, surpassing the Netherlands.

Read more: Cardano uses significantly less energy while maintaining the same level of security as Bitcoin

Input | Output

- ERC20 Converter allows Ethereum tokens to run on the Cardano Blockchain

By enabling the migration of ERC20 tokens, Cardano focuses on delivering a value-proposition that leverages Cardano’s advantages over Ethereum. In particular, Cardano's higher capacity for transaction processing and lower fees when compared with Ethereum's high cost, and often highly congested traffic.

Read More: Bringing ERC20 to Cardano

Emurgo

 
- Blockchain Provides Solutions for the Oil & Gas Industries

In the oil and gas industries, blockchain-based solutions can be useful. As a capital-intensive industry, spare parts, leaks, repairs, and many other things have to be constantly tracked all around the world...international supply-chains become extensive and hard to follow...legal agreements have to be crafted and executed across many jurisdictions.

All of these areas can be improved by the application of blockchain to digitally automate these processes while securing, sharing, and updating at the same time through a tailored solution accessible by all stakeholders.

Read more: How Can Blockchain Provide Solutions to the Oil & Gas Industry

 

ADAX, State-of-the-Art Crypto Exchange Built on the Cardano Blockchain

Decentralized Exchange Protocol on the Cardano Network

 Cardano’s scientific-research first approach to smart contracts is redefining the future of DeFi, ushering in a totally new approach to business.

 

The current proof-of-work consensus design of the Ethereum mainnet has been a drag on DeFi expansion, 15 transactions per second is too slow and fees of hundreds of dollars per transaction are simply too high. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano will soon launch smart contracts - this technological, often referred too as blockchain 3.0, is a significant milestone for the industry.

ADAX will provide a suite of Cardano-tailored DeFi solutions and will become a powerful trading venue within the Cardano ecosystem, introducing a trustless protocol that facilitates token swaps, non-fungible token (NFT) trading, and broader reorientation of the crypto world towards Cardano.

 

Read more: ADAX - State-of-the-Art Decentralized Exchange Protocol Built on the Cardano Network

 
Other Cardano/ADA Related News

5 Stars - Charles Hoskinson: Thoughts on the Market and the Ecosystem

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- Cardano: What is This Green Crypto & How Does it Work
 
Visit: https://www.scotsman.com/lifestyle/money/cardano-what-is-the-green-crypto-how-does-it-work-share-price-and-can-it-rival-bitcoin-and-ethereum-3251017