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Cardano ADA News: Chairman Pressured via Twitter

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Cardano ADA news
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It’s only natural for the crypto investors to want to see their chosen coin’s growth, expansion, and progress, in general. The same goes for Cardano (ADA) community, which is among the strongest and most vocal ones. The community is keeping a close eye on the coin’s progress, eagerly expecting any and all Cardano (ADA) news that would bring something new.

According to the coin’s roadmap, it still continues steadily on its course. The developers are working on creating a secure, decentralized network, developing a Quantum-resistant signature tech, and, of course, are working on the Daedalus wallet.

Despite all of this, the community is still getting impatient in their desire to see the progress of their favorite coin. Because of it, they recently put a lot of pressure on the Cardano’s chairman.

Cardano Chairmen under fire

Only yesterday, Cardano ADA news about the Foundation’s chairman, Michael Parsons, being under fire on Twitter spread all over the internet. The coin’s fans were not shy of criticizing Parsons, claiming that his commitment to the project is low. According to them, this is the reason why the coin’s development has been so slow recently, and why Cardano’s ecosystem has failed to grow as much as it could.

Some even asked for Parson’s resignation, believing that others would be able to do more for the coin’s growth.

Additionally, the upcoming London meetup was recently canceled without sufficient explanation. It would seem that many in the Cardano community were looking forward to it, and were even planning on attending it. Because of this, Parsons also received numerous questions regarding the event’s cancelation.

Clearly, the community is not satisfied with where Cardano is going at the moment, or at least, with the speed at which it’s traveling towards that destination. However, some also started to wonder whether Parsons’ role in the progress of the blockchain is actually as significant as many believe.

How much can Parsons actually influence the project?

Despite what many in the crypto community believe, the chairman’s role in the project’s growth is actually pretty important. Especially when considering the mission of the Cardano Foundation. Parsons is not only an important influence on the project’s overall growth, but his role is especially important in the short-term development.

Cardano’s goal at the moment is to expand its community, as well as its ecosystem. Because of this, many believe that it is Parsons’ responsibility to represent the project and increase its exposure. That way, more investors would join the Cardano community, and the coin would become that much stronger.

We can see just how much a good representative of the coin can make a difference when we take a look at TRON’s (TRX) Justin Sun. Sun is famous for being the most vocal crypto representative on Twitter, and because of that, it is among the best-known individuals in the entire crypto world. Following his efforts, TRON has managed to create just as vocal community, which is probably the strongest and most supportive community in the space.

Considering Parsons’ modest approach to spreading awareness about Cardano, it is understandable why the community is not satisfied with his efforts. Still, Cardano has always been known for taking its time and paying more attention to detail and quality. Because of that, and its very capable team, the coin continues to meet all of its milestones, and thus continue to grow at its own pace. Even so, the argument could be made that a more efficient method of spreading the awareness would be good for Cardano.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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