Cardano (ADA) is a blockchain technology that was founded by Charles Hoskinson. After inviting Justin Sun, CEO of Tron (TRX), to design the most exceptional blockchain tech in the world, there seem not be a stopping point for Hoskinson as he went to meet Google in London for possible partnership talks to foster cryptos and blockchain technology.
Cardano (ADA) potential partnership with Google
The meeting hosted Hoskinson and his IOHK team; it gave Google teams all over the globe the chance to put up questions about Cardano through conference calls.
It is important to know that IOHK is the company in charge of the coding aspect of Cardano platform and the company was invited by Google’s London office to give answers to the queries concerning the crypto’s next-generation protocols and also to explain the plan to outdo Ethereum. The details of the meeting will be made known for every enthusiast of Cardano (ADA) soon, according to Hoskinson.
Regarding Cardano meeting with Google, Hoskinson started with an introduction of what Cardano is, and how it functions. He further went ahead to explain the blockchain’s algorithm. Hoskinson, also the CEO of IOHK, further emphasized that the team is presently correcting the faults that their network has. As a result of the meeting in London, there may be a possible partnership between these two companies shortly.
Cardano is an open source blockchain technology that plans to solve the problem that most Ethereum users face which are, security, PoS consensus mechanism, and scalability. Cardano plans to give these solutions in a bid to outdo Ethereum through its algorithm called Ouroborus.
During the meeting, Hoskinson talked about Cardano’s and cryptocurrencies future, and a Crypto enthusiast raised a question on how Cardano plans to overtake Ethereum – Hoskinson answered by saying this:
“So many Java, C++ or Go developers are writing codes on Ethereum? You can’t, Ethereum doesn’t support any of these languages. They can’t even run a single viral app on the platform. If you look at the top 10 languages, none of them works on the system, so, by definition, all those developers aren’t developing for the system, they have to go and learn new tools and new stuff. With Cardano, first off, we’re backed-compatible, 100%, we’re running an EVM.”
It is evident that the blockchain has developers at heart due to its compatibility with different programming languages. These programming languages can be used by developers to develop smart contracts and decentralized applications on the blockchain.
Cardano (ADA) plans ahead
Cardano’s network called KEVM testnet is active at the moment, but Google employees asked Hoskinson on the first stride they aim to achieve this year, and he answered by saying this:
“Our goal is to release the next major version of Cardano sometime this year, called Shelly. We are really working really hard towards that. It might slip, but the odds are that it won’t… In parallel, we are releasing testnets for smart contracts. The first one will be released at the end of the month, and this is done with something called KEVM.”
Finally, it is important to note that Google is a company that has banned cryptocurrency ads, but its interest in Cardano’s blockchain project is quite intriguing. We hope to see a possible partnership between these two companies very soon.
And, of course, Google asking Cardano questions about blockchain and cryptocurrencies in general, refers to the fact that the search giant might be weighing the water before jumping into the crypto-river.
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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. One of the ways to have a successful…
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…
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