Tag: Cardano

Cardano Vasil Upgrade Cuts Gas Fees by Nearly 50% and Transaction Space by 10x: ADA Decentralized Exchange

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Cardano (ADA)‘s Vasil hard fork has had a dramatic impact on the network’s efficiency, according to a decentralized exchange (DEX). MuesliSwap, a DEX built for Cardano, says the upgrade has reduced transaction sizes from 14.73kB to 1.31kB, and gas fees from 1.44 ADA to 0.73 ADA.  Cardano creator Charles Hoskinson touts the numbers quoted by the exchange. “10x savings on space at half the cost. I call that innovation.” The Vasil hard fork was designed to increase the scalability of the Cardano network. It went live on September 22nd. Explains…

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Cardano Price Misses Fireworks On Its Birthday, Will ADA Fall?

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The Cardano price has followed the general sentiment across the market and traded to the downside over the past week. The cryptocurrency lost its spot as one of the valuables in the crypto top 10 by market capitalization and could be poised to see further losses. At the time of writing, the Cardano price trades at $0.43 with a 6% loss and 2% loss over the last 24 hours and 7 days, respectively. As ADA trades to the downside, some major cryptocurrencies have been able to score profits and are…

bitcoin under attack…charles hoskinson under pressure

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Cardano Founder And ETH Dev Get Into A Tussle of Word On Twitter

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Twitter threads from last week reveal a series of heated arguments between Cardano founder and Ethereum’s co-founder, and Vitalik Buterin. Amid several backlashes caused by lapses in the Ethereum Upgrade, the co-founders argue over the execution of the POS consensus mechanism. A lot has transpired within the past days after the Ethereum upgrade. Also, there are more like the Shanghai upgrade to come. On Saturday, 24 September, Evan Van Ness, a Web3 investor, expressed his opinion regarding the Ethereum merge. Van asserted that the last ten days after the merge…

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Cardano bulls run out of steam after Vasil hard fork — 40% ADA price crash in play

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Cardano’s (ADA) long-awaited Vasil update went live on Sept. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market. Sell-the-news hampers Cardano ADA’s price has dropped by approximately 9.5% since the update and was changing hands for $0.43 on Sept. 26. The ADA/USD pair’s drop was accompanied by a rejection candlestick on its daily price chart, confirmed by a brief rally to $0.48 on the day of the fork and a sharp correction thereafter. ADA/USD daily…

CRYPTO TYCOON RICHARD HEART DOUBLES DOWN ON BITCOIN CRASH TO $11K PREDICTION!! – EP. 1038

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