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Topic: Cardano (ADA): A New Cryptocurrency and More (Read 50842 times)

sr. member
Activity: 1988
Merit: 350
sr. member
Activity: 1579
Merit: 267
I am staking ADA on chain now and I can't wrap my had around how many times I get taxed on the same amount.

Plus I bought the self-compounding "ETN" share in the bank. To see how that performs. It only gets taxed once.

When you sell. I am in FIFO taxation zone. First in first out. Sounds great on paper.

Perhaps I go tell BitBoy my honest opinion.
sr. member
Activity: 1988
Merit: 350
Voted for 1205 proposals in Cardano Catalyst Fund 12




More details:
https://read.cash/@cryptotexty/voted-for-1205-proposals-in-cardano-catalyst-fund-12-233e96a8
hero member
Activity: 3080
Merit: 603
Aside from this post above ^ are there any other interesting things that are or about to happen with Cardano? it's on the top rank but I don't see more of the hype that we're having this bull run. I am optimistic on it like on the bear market but I guess that I am losing my patience waiting for it to do something interesting or shocking. It's about the shocking positively that it could show us some rise during this time since this is going to be majority of the altcoins moving up.
legendary
Activity: 1974
Merit: 4715
https://www.ethnews.com/cardano-unveils-chang-hard-fork-and-ouroboros-leios-consensus-upgrades-for-enhanced-scalability-and-governance/
Cardano Unveils Chang Hard Fork and Ouroboros Leios Consensus Upgrades for Enhanced Scalability and Governance
"Scheduled for the second quarter of 2024, the Chang hard fork is set to revolutionize Cardano’s decentralization by empowering ADA holders with voting rights on network proposals. Cardano’s user-centric governance paradigm is reinforced by this decision-democratization.

Concurrently, an upgrade to Ouroboros Leios is being developed with the goal of greatly improving scalability and transaction efficiency, in line with what ETHNews previously disclosed."
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well Cardano creator Charles Hoskinson had a important message on his new video. He is concerned traditional financial institutions are infiltrating the cryptocurrency sphere. And it can be complicating the the founding principles.
https://cryptonews.net/news/analytics/28560132/
https://www.youtube.com/watch?v=VbhvlEif2Iw
sr. member
Activity: 1579
Merit: 267
Just letting you know. I got ADA ETN on Saxo. Coinshares.

"CoinShares Physical Staked Cardano".
sr. member
Activity: 1988
Merit: 350
sr. member
Activity: 1988
Merit: 350
sr. member
Activity: 1988
Merit: 350
sr. member
Activity: 1988
Merit: 350
sr. member
Activity: 1988
Merit: 350
Cardano Project Catalyst Fund10 - Voting
https://www.youtube.com/watch?v=CzIj-R5F6Ho
sr. member
Activity: 1988
Merit: 350
Conversation with Kenric Nelson about Cardano Governance and Democratic Pluralism

https://www.youtube.com/watch?v=nB69WNSX_KA
sr. member
Activity: 1988
Merit: 350
Conversation with Allison Fromm about #Cardano Project Catalyst Evolution to Fund10

https://www.youtube.com/watch?v=SMYPAIiGi14
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well Cardano has had some criticism. And we are having problems going past price point of 30 cents.

But it doesnt matter for Charles Hoskinson. He is saying Cardano is here to stay. https://finbold.com/charles-hoskinson-reacts-to-criticism-cardano-is-here-to-stay/
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Cardano did see recent surges in DApp activities in the second quarter of this year by 49%. Activity on the Cardano blockchain is now 57,900 daily transactions.
This is the third quarter in a row that DApp activity on its blockchain has been increased. It did also cross the $180 Million Total Value Locked (TVL) milestone.
https://thecryptobasic.com/2023/04/17/world-mobile-token-takes-cardano-tvl-above-180m/
newbie
Activity: 7
Merit: 0
How many coins does ADA have? It is inflationary, right?
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well, Djed hit Mainnet so we are official now and on coinmarketcap https://coinmarketcap.com/currencies/djed

ADA is up 6% in the last week with total marketcap of $14 billion. It is trading for 40 cents each ADA. Its DEX Genius Yield $GENS is up 7% this month.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well there are only 2 more days in the month of January. I am very excited for the release of ADA stablecoin Djed to go live any time now.

It is set for mainet launch this week and we have all been looming forward to it. With the release of its stablecoin we can only hope there will be more adoption to the Cardano network.

ADA is up 5% in the last week with total marketcap of $13.5 billion. Many people are guessing we can see huge gains and price increases when Djed is launched even $1 per coin.
legendary
Activity: 1834
Merit: 1136
Cardano ecosystem set to expand with custom-built sidechains
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain.
The team behind the Cardano ecosystem will release a software toolkit later this month that will enable developers to deploy custom-built sidechains on Cardano aimed at improving the ecosystem.
https://cointelegraph.com/news/cardano-ecosystem-set-to-expand-with-custom-built-sidechains
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