ADAvaultA recent article by Emurgo reminded us that there is a massive strength that Cardano has that is somewhat unremarked on and under appreciated; Native Tokens. Unlike all other Blockchains using Smart Contracts to create layer 2 tokens, such as Ethereum which uses the ERC-20 standard for fungible tokens, Cardano allows for Tokens to be…
You will likely have seen news over the last few days on the collapse of FTX, the exchange led by Sam Bankman-Fried and the sister company Alameda which was essentially their trading arm. This high profile collapse follows hot on the heels of Terra/Luna (Do Kwon), and Celsius (Alex Mashinsky) and has had similar negative…
A recent article in The Economist covering the current health status of some of the tech ‘darlings’ caught our eye: Over the past year, the firms that epitomise these [new tech] business models — Uber and DoorDash; Netflix and Spotify; and Snap and Meta (which has tumbled spectacularly out of the trillion-dollar club) — have…
Transaction Bytes per Second (TBPS). This metric measures the total transaction data throughput on chain and it’s been increasing consistently. We think this is a much much more meaningful metric than Transactions Per Second (TPS). Why? On an extended Unspent Transaction Output (eUTxO) chain like Cardano a simple metric of TPS does not reflect the…
A couple of interesting stats from the latest Kraken Intelligence report. First up is the on chain dominance which as expected shows a weakening of altcoins relative to Bitcoin which is typical of bear market cycles. Note that Cardano (ADA) is performing well against other altcoins, with potential for a stronger performance as we head…
