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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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Ludos Protocol Makes a Strong Case for Investors in Blockchain Gaming



Ludos Protocol

As games migrate to the blockchain and become increasingly complex, Ludos Protocol is set to capture this new market. It’s creating a solid ecosystem of DApps and toolboxes that provide Blockchain as a Service for developers to build and maintain sidechains.

Ludos Protocol solves one of the biggest issues that has given investors qualms about blockchain gaming: scalability. An overcrowded mainchain is a perennial problem that has hindered the progress of even the best-funded blockchain gaming applications. Thanks to a hybrid of Proof-of-Work and Proof-of-Stake consensus algorithms, Ludos Protocol is able to implement a multi-sidechain system. This allows any populated game to deploy its own sidechain of transactions while keeping the mainchain throughput at a minimum.

This is why Ludos Protocol has attracted investment from fund behemoth Softbank, whose previous ventures include Uber and Alibaba. Ludos Protocol is the fund’s third-ever foray into blockchain.  

Industry trends attest to Softbank’s interest in Ludos Protocol. Gaming produced a global revenue of over $200 billion in 2017, according to the latest report by Digi-Capital. It is a figure that is expected to grow to $300 billion by 2021, making the industry one of the most lucrative in the digital economy. It is also one of the ripest for change by blockchain technology. The development of a comprehensive blockchain infrastructure that suits the evolving needs of the…

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Why Investors Should Closely Follow the Earnings Season



earnings season

The earnings season has arrived, and investors around the world are excited to see what reports are companies going to publish. This is important as these reports contain companies’ earnings for the current year, which can provide investors with some valuable insight.

No matter what announcements the company has made throughout the year, it is the earnings report that indicates the firm’s true performance. As such, it often has a significant impact on its public image, the price of its stocks, as well as investors’ interest.

Earnings reports can open up new opportunities

When it comes to the cryptocurrency markets, 2018 has brought both, volatility and stability. Most of the time, prices were relatively stable, but this state was only reached after a harsh drop in January 2018. Since then, several smaller price surges, followed by just as large price drops, hit the market once again.

As a result, crypto traders were prompted to look for alternative investments. Earnings seasons often present numerous opportunities for resourceful investors. Analysts claim that earning reports managed to significantly impact prices of shares (by over 5%) since 2001.

It is expected that a lot of companies will try to take advantage of the earnings season in order to make a comeback, especially after the hit that markets suffered back in October. Various firms will also likely show insight into how the market behavior affected their profits and business, in general.



TokenPay Litecoin Verge

Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.

The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.

In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.

In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.

Charlie Lee made his remarks known saying:

“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…

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