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NewsBTC 2021-09-28 06:20:49

ADA, Alonzo, And 200 Smart Frozen Contracts

Amongst the madness in broader crypto, along with Cardano’s substantial volatility, the Alonzo hard fork update for ADA has sought to provide a solution to maintaining its powerhouse status, and continue to dominate the year. This solution, though, has some twists and turns that leave the bulls hopeful and patient. ADA And The Push To The Top Cardano has had an amazing run this year with the new wave of crypto bulls ready to see what ADA will become. Dubbed the “Ethereum killer,” Cardano and it’s founder Charles Hoskinson seem confident that his team will and project will dominate to become the top dog. With Hoskinson’s recent comments that the DeFi space in Cardano’s ecosystem is currently ‘up for grabs,’ smart contracts with Cardano have finally arrived. He also noted that DeFi is now seeing a second wave, and the winners of this move will feature both interoperability and liquidity, as well as the ability to move multi-chain, all with an easily predictable cost. “The way we constructed Cardano was for that second wave” – Charles Hoskinson The founder of Cardano has been one of the main individuals in crypto to express the need for more regulation, governance and much more throughout crypto, and he also understands decentralization is a major necessity. These reasons play a part in why Hoskinson and his team worked on designing Cardano, allowing it to fit and work perfectly with the ...

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