Categories
Musings

Cardano Native Tokens

A 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…

Categories
Musings

Amazon denied it but…

So you may have seen the news in the last week that Amazon were working to accept crypto currency payments, starting with Bitcoin. Accordingly to an insider quoted in the City A.M. article: “Ethereum, Cardano and Bitcoin Cash will be next in line before they bring about eight of the most popular cryptocurrencies online,” she…

Categories
Site Announcements

ADAvault tokens

We have just minted 42,000,000 ADAvault tokens on mainnet. These will be used in future to represent ADAvault share capital, or some other form of stake in the business. We wanted to mint them now so we could reserve the name. Later this year, once we’ve worked out what structure they will represent, we intend…

Categories
Site Announcements

Protocol update incoming

Mary is go! Just in, IOHK confirmation that Mary hard fork is confirmed for March 1st. Native tokens here we come. We are on the launchpad, t minus 5 days…

Categories
Musings

Open Source Matters

Flicking through r/cardano and noticed this post which compares Cardano and ERC-20 (the Ethereum Standard for on-chain tokens). The comparison is interesting, although most seasoned Cardano followers will already know that the approach to native assets will be very strong compared to other implementations. What stood out more was a comment that Polkadot had reused…