The average crypto watcher, aware that Ethereum has just completed its long-awaited transition to a proof-of-stake validating system, may be wondering what the overall takeaway is from Thursday’s Vasil hard fork upgrade on the Cardano blockchain.
The significance of Vasil’s rather technical set of changes, which improve the ledger’s programmability and its throughput potential, perhaps requires some zooming out to view a bigger picture.
Cardano, sometimes touted as an “Ethereum killer,” is playing a long game. Critics of this process (split into “eras” named after Romantic poets, computer scientists and Enlightenment thinkers) often criticize the protocol for lagging behind other smart contract blockchains that already host thriving decentralized finance (DeFi) ecosystems and have amassed billions of dollars in total value locked.
But the early achievements of the foremost smart contract platform, Ethereum, are “brilliant but unstructured,” according to Aggelos Kiayias, chief...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
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...