Charles Hoskinson, who is the CEO and founder of IOHK, as well as the leader of a team behind Cardano (ADA) cryptocurrency, recently held an AMA session in Toronto. The AMA took place on October 17th, and numerous investors and crypto enthusiasts used the opportunity to ask various questions.
Cardano’s possible collaboration with Hyperledger
The event covered quite a few subjects, from IOHK split with Cardano Foundation, over ADA markets, to Hoskinson’s thoughts about cooperation with Hyperledger. Additionally, participants also wanted to know what Hyperledger projects can Cardano contribute to in the future.
Hoskinson answered this by praising Hyperledger, and stating that there are a lot of great projects currently in development. He especially named two of them — Fabric and Sawtooth. He also mentioned Cardano’s team already being well-acquainted with the team behind Fabric, but not as much when it comes to Sawtooth.
Furthermore, Hoskinson praised Fabric project’s leader, Christian Cash. Cash is also leading IACR and, according to Hoskinson, is an excellent guy to have dinner with. Additionally, Hoskinson praised him for being one of the most prominent experts in distributed systems in the world. Following this, Hoskinson also addressed Cash’s project, stating that it is well-thought and well-constructed, as well as persuasive for permission ledgers.
He even stated that Hyperledger’s team seems to be interested in collaborating with Cardano, to an extent. In case that such collaboration does come to pass, Hoskinson mentioned several ideas. These include a new, Enterprise version of Ouroboros, but also another version of Ouroboros which would have probabilistic finality, and several others.
In case anyone missed it, here is the Kudelski audit report for Icarus https://t.co/HO2C2RdPiL they are an excellent firm and I highly recommend their work to all crypto projects
— Charles Hoskinson (@IOHK_Charles) October 19, 2018
What lies in Cardano’s future?
Hoskinson then talked about the new upcoming developments for Cardano’s ecosystem. Earlier, he announced the release of multiple videos regarding the Shelly project. This time, however, he also announced that Cardano’s new update, version 1.4 is currently ahead of schedule. Thanks to this, it will soon enter a testing stage.
A similar announcement came recently from IOHK, claiming that Daedalus 0.11.1 and Cardano 1.3.1 can be expected soon.
The community seems to have been pleased with these answers, with many of them being convinced that ADA will dominate the world someday. Others have praised Hoskinson for being open and willing to answer their questions.
At the moment, Cardano seems to be doing rather well. Numerous new updates are on their way, while ADA itself still holds the rank of 9th largest coin by market cap. At the time of writing, its price is at $0.0757 per coin, albeit with a slight drop of 1.10% in the last 24 hours.
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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.
NFTs are already being actively traded in markets globally. For…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has been…