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Cardano aims to solve the blockchain trilemma through its sophisticated proof-of-stake (PoS) protocol called Ouroboros. However, its native token has been hard-hit by the bearish waves that have swept through the crypto market.
Is there a chance of a bull run soon?
Vasil Upgrade a Stepping Stone
The Cardano team, led by former Ethereum co-founder Charles Hoskinson, has been deploying upgrades. The latest is the Vasil hard fork, which makes the peer-reviewed blockchain more scalable with minimal user cost.
However, the team is not done yet, with even more scheduled upgrades expected in the future. At the moment, Cardano is reaping the benefits of the Vasil Upgrade, although its native token price has not reflected this.
Since the deployment of the hard fork, the transactions on Cardano’s layer-1 blockchain have doubled. Over 3,445 smart...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...