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Meet Icarus, the official Cardano Google Chrome extension to manage ADA



Cardano ADA

In recent times we can all agree that the biggest concern for the crypto community is whether or not the market will take off soon now, a fact because of which everyone seems to be eager for answers.

In this sense, despite the pronounced slump in the market, a remarkable work is being made by most of the top cryptos to overcome the worrying situation, and all seems to point that the approach is being centered in giving cryptocurrencies a bigger interaction with the masses, in other words, making the crypto market more mainstream.

In this matter, one of the cryptos that have been working on the creation and deployment of strategies of this kind is nothing less than Cardano (ADA). In fact, the Charles Hoskinson, CEO of the development group behind the ADA token (IOHK), stated recently that despite the current situation, we shouldn’t be that concerned. “We’ve been here before,” he said, “Everything’s fine” and it will be in the measure that we play an active role in the deployment of strategies.

Perhaps that’s precisely the reason why Hoskinson decided to bring forward the announcement of an open ledger initiative that was supposed to be announced on August 15th (tomorrow). Let’s see how it goes.

Google Chrome extension

Yesterday morning was the moment when the crypto community found out the initiatives of IOHK about a Google Chrome extension on Twitter. The message on the official Twitter account of IOHK read: “I’ve decided to do the August 15th Announcement a little early:” followed by a Youtube video in which the businessman explains the details of the project.

We already knew about the Prometheus project which was publicly announced. However, the news about another project dubbed Icarus came as a surprise for everyone, and as it seems, the development team of Cardano has been working tirelessly on these two project during the last couple of months.

Icarus will be a Google Chrome extension that will have the possibility of migrating to other browsers such as Mozilla, or even mobile applications. It will function as a wallet with all of the features that we know, and this without needing a full copy of the blockchain on the extension. As Hoskinson declared it, the extension will allow users to do everything they do on the Daedalus wallet, the only wallet service that supports ADA to the moment.

It was known as well that the Chrome extension is being configured using a mixture of the programming languages, Rust and Javascript, and that everyone who’s not able to access Daedalus for reasons such as network conditions would have the chance to use the extension instead. Some of the most outstanding features of the extension are:

  • Easy to install, just one click away from the Chrome store
  • Daedalus wallets could be imported
  • 2-3 minutes wallet recovery
  • Audit and security warranties

With the project, IOHK is expecting greater support from other wallets and exchanges of the sector, as well as for calling the attention of the developers’ community with the possibility of creating third-party applications. One can be sure that great things are marching for Cardano (ADA) with the Icarus project, so stay tuned!

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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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AZ FundChain Offers a Compelling Alternative to Traditional Crowdfunding



AZ FundChain

Although many tokens have collapsed during the ongoing altcoin apocalypse, the future remains bright for applications with real world usage.  Because of the ongoing bear market and limited trading opportunities, analyzing businesses with the potential to experience real world adoption should be the priority.  Part of that analysis should include looking at industries that need improvement.  During my analysis, one area that quickly popped up is the field of traditional crowdfunding and money circles.  And, as it turns out, AZ FundChain application offers a compelling alternative.

Problems with Traditional Crowdfunding

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Why no one should be using banks



why no one should be using banks

If government is the devil, the bank is a demon.

It’s not your money anymore.

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Government will know everything

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They can legally suspend your account or even steal your money

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Neteller to Launch a Crypto Exchange




The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

Neteller are optimistic about the exchange features of the digital wallet, claiming that they plan to add more cryptocurrencies in the near future. Neteller’s benefit is the ease at which one can begin their cryptocurrency trading journey. Not only do a range of banks offer services to fund the wallets and exchanges, but so do a variety of online payment options. This helps remove the barrier to entry that exists in…

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