A minor milestone, but an important one for our delegators to ADV2. First block minted in Epoch 241, with the another block for 242. The stake is steadily increasing and block production will become more reliable as it does. When pools are smaller the returns are more variable, however small pools can enjoy a run…
Native Assets
Details of the Cardano native assets implementation are available on the developers site. The introduction notes: Native Tokens is the name of Cardano’s Multi-Asset (MA) support feature, which enables users to transact with ada, and an unlimited number of user-defined (custom) tokens natively. Native support offers distinct advantages for developers: there is no need to…
Set the controls…
So we learn that Cardano will get native multi-asset support in February as part of the Mary hard fork. Native assets, no added complexity through smart contracts, no heavy gas fees. To say this is a big deal is a bit of an understatement. And general adoption rates are increasing very nicely. For the 8th…
Metcalfe’s Law
Cardano passed an important milestone in recent weeks. It wasn’t the price of ADA, as welcome as the increase is for people who have held it since the peak in 2017. No, it was the size of the stake pool network that secures the Cardano block chain and which uses Proof of Stake rather than…
There’s a lot more than meets the eye
We were reviewing the Polkadot design the other day and noted that they are using libp2p for the networking layer. It fits in with the project ethos, has enabled developing the system quickly, and after all why go to the trouble of building a custom networking layer? What did Cardano do? They didn’t use libp2p.…