A signed #Cardano transaction has updated the major protocol version to 9.0.
This means the Chang hard-fork is officially initiated and will be activated on September 1, 2024.
#Cardano is approaching the finale.
Byron: DONE
Shelley: DONE (liquid staking is the best in crypto)
Goguen: DONE (so far no hack in DeFi)
Basho: In progress (Ouroboros Leios & Peras, Hydra, Partner Chain Framework)
Voltaire: In progress (will be likely done in Q1 2025)
Cardano HardFork Update!
Binance are now ready 👏 which takes us to 64%..
Once @Poloniex, @HTX_Global and @bitgetglobal are ready we should hit the target of 85% of liquidity
Hydra can handle 7000 TPS without needing any token. The number of Heads is uncapped.
Hydra Head users validate transactions with each other for free. The incentive is not to be cheated by others.
L1 coins serve as a resource for decentralization and an incentive for fair behavior.
Most L2s that exist do not need any tokens. Especially the centralized ones.
L2 tokens are not usually used either for decentralization or as an incentive for the honest behavior of participants. Therefore, they often make no sense.
The existence of L2 tokens usually takes value away from L1. Money flows where there are users, i.e. network effect.
It may seem irrational, but the success of L2s doesn't transfer much to L1 value yet.
Have you enjoyed playing Doom on #Cardano Hydra state channels? 🚀
You now can run it yourself as we open sourced the code: https://t.co/Yiz1D5nT7c
Enjoy!🕹️
#gaming#blockchain#crypto
Who remembers DOOM on Hydra?
It was the best marketing for #Cardano. We should continue showing our technology in this way.
Read the article: https://t.co/hqexKFo0BA
33 exchanges are ready for the Chang hard fork including Binance. 11 are in progress. 11 has not been started.
It means #Cardano is Chang-ready.
Link: https://t.co/JrMa1ZTGZ0