Connect with us

Blogs

Google (NYSE: GOOGL) to partner up with Cardano (ADA) soon?

Published

on

Cardano

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.

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of Pxhere.com

Altcoins

DeFi Wizard Raises $750k from Blockchain Investment Bigshots, to Simplify Multi-chain DeFi Legos

Published

on

Bengaluru,, India, 24th February, 2021, // ChainWire //

In order to give shape to their ‘one-click DeFi contracts creation’ dream, Defi Wizard has raised a total of $750,000 from X21 Digital, AU21 Capital, Amsterdam-based TRG Capital, DeltaHub Capital, NGC Ventures, and ExNetwork.

Speaking on latest development Defi wizard founder and CEO, Anand Kamath said: 

“It gives us immense pleasure to announce that our platform, DeFi Wizard has attracted the attention of leading blockchain investors and funds.”

DeFi Wizard aims to help cryptocurrency companies and businesses seamlessly create digital assets, without any hassles, with the objective of becoming an all-in-one token creation platform. 

Investment Usage

This recently concluded fundraising round is an important milestone for Defi Wizard. It will fuel the development of the platform along with operations/maintenance.

Other ways in which Defi wizard will receive assistance is with liquidity bootstrapping for Uniswap listing, alongwith added global and regional promotional efforts to generate awareness for the platform. 

About Defi Wizard

Defi wizard is a dashboard for building DeFi (decentralized finance) smart contracts with a few clicks. It offers real-time programmer analytics and allows users to create smart contracts for ERC20 / BEP20 / EDST, staking, yield farming, governance, cross-chain bridge, gasless relayer baked in.

As per the latest statistics, more than five projects are already using DeFi Wizard’s staking services and more than $100M AUM has been locked through the smart contracts generated through the…

Continue Reading

Altcoins

99Bitcoins takes over the “Dead Coins” project to become the cryptocurrency undertaker

Published

on

Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple – create a list of coins that have ceased to exist after the hype died down.

A coin can become “dead” due to a variety of reasons such as its development being halted, having no one that uses or trades it, being exposed as a scam and more. While the project was initially maintained only by its founders, it was later outsourced to the cryptocurrency community which was allowed to add their own dead coins.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, owner and founder of 99Bitcoins. “The fact that anyone can add a dead coin themselves made the list of coins very inaccurate. We’ve spent days going through the complete list and sifted out all of the coins that were buried alive, so to speak. For example, Bitcoin, Tron, Dogecoin and Tether are just some of the coins that were listed when we took…

Continue Reading

Altcoins

99Bitcoins takes over the “Dead Coins” project to become the cryptocurrency undertaker

Published

on

Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple – create a list of coins that have ceased to exist after the hype died down.

A coin can become “dead” due to a variety of reasons such as its development being halted, having no one that uses or trades it, being exposed as a scam and more. While the project was initially maintained only by its founders, it was later outsourced to the cryptocurrency community which was allowed to add their own dead coins.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, owner and founder of 99Bitcoins. “The fact that anyone can add a dead coin themselves made the list of coins very inaccurate. We’ve spent days going through the complete list and sifted out all of the coins that were buried alive, so to speak. For example, Bitcoin, Tron, Dogecoin and Tether are just some of the coins that were listed when we took…

Continue Reading

Press Release