Cardano (ADA): A New Cryptocurrency and More - page 44.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

A new roadmap for Cardano will be introduced on the 18th of April (or slightly after that) of this year:

Quote from: https://forum.cardano.org/t/future-of-the-cardano-roadmap/20371

The Cardano roadmap is changing. We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18. CEO Charles Hoskinson will outline this vision in his keynote speech and the roadmap will be relaunched with a renewed focus on this milestone. For the time being, we will be removing the timer on the roadmap page as well as publishing intermittent updates about important software releases.

Team IOHK

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Cardano delivers yet another holy grail, this time for fungibility/privacy!!!

Quote from: https://eprint.iacr.org/2019/099.pdf

Sonic: Zero-Knowledge SNARKs from Linear-Size Universal and Updateable Structured Reference Strings

ABSTRACT

Zero-knowledge proofs have become an important tool for addressing privacy and scalability concerns in cryptocurrencies and other applications. In many systems each client downloads and verifies every new proof, and so proofs must be small and cheap to verify.The most practical schemes require either a trusted setup, as in (pre-processing) zk-SNARKs, or verification complexity that scales linearly with the complexity of the relation, as in Bulletproofs. The structured reference strings required by most zk-SNARK scheme scan be constructed with multi-party computation protocols, but the resulting parameters are specific to an individual relation. Groth etal. discovered a zk-SNARK protocol with a universal and updateable structured reference string, however the string scales quadratically in the size of the supported relations.Here we describe a zero-knowledge SNARK, Sonic, which sup-ports a universal and continually updateable structured reference string that scales linearly in size. Sonic proofs are constant size, and in the batch verification context the marginal cost of verification is comparable with the most efficient SNARKs in the literature.We also describe a generally useful technique in which untrusted “helpers” can compute advice which allows batches of proofs to be verified more efficiently.

Our Contributions

We present Sonic, a new zk-SNARK for general arithmetic circuit satisfiability. Sonic requires a trusted setup, but unlike conventional SNARKs the structured reference string supports all circuits (up to a given size bound) and is also updateable, so that it can be continually strengthened. This addresses many of the practical challenges and risks surrounding such setups. Sonic’s structured reference string grows linear in size with respect to the size of supported circuits,as opposed to the scheme by Groth et al. which scales quadratically. The structured reference string in Sonic also does not need to be specialized or pre-processed for a given circuit. This makes a large,distributed and never-ending setup process a practical reality.

CONCLUSIONS

Zero-knowledge protocols have gained significant traction in recent years in the application domain of cryptocurrencies, which has led to the development of new protocols with significant performance gains. At the same time, the requirements of this application have given rise to protocols with new features, such as an untrusted setup and a reference string that allows one to prove more than a single relation. In this paper, we present Sonic, which captures a valuable set of trade-offs between these key functional requirements of untrusted setup and universality. At the same time, as we demonstrate via a prototype implementation, Sonic has competitive proof sizes and verification time with the state-of-the-art.

tldr; Cardano fixed all the things that make Zcash shitty but kept the good stuff that makes Zcash marginally interesting

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

A nice article if you'd like to know about Cardano's security against 51% attacks:

How secure is Cardano?

https://medium.com/@undersearcher/how-secure-is-cardano-5f1e076be968

Over 170 questions (and answers) related to "staking pools" have been published:

https://docs.google.com/document/d/1kbjNdGyfomKxYfX1fHwCO2iwleVbx1XX9O9bNuWs99o

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

The first group of Cardano Ambassadors has been announced:

https://forum.cardano.org/t/announcing-our-first-group-of-cardano-ambassadors/20075

If someone would like to nominate somebody for the role of Cardano Ambassador at BitcoinTalk or any other such platform, that may be done by filling up this little form:

https://cardanocommunity.typeform.com/to/koCLwW

D1jay

copper member

Activity: 294

Merit: 5

Quote from: Raja_MBZ on January 17, 2019, 03:31:40 PM

Quote from: hush on January 17, 2019, 04:15:32 AM

Quote from: Raja_MBZ on January 13, 2019, 06:50:48 PM

I've been following Github activity of Cardano for a while, and I must admit that it's quite awesome!

No doubt these are amazing facts but they should have to develop a light weight wallet to store this coin with confidence. Deadalus is one of the most stupid wallet in the history of cryptocurrency and unfortunately I am using this and facing trouble to keep this update.

I've never faced any major issue with Daedalus; I'm not sure (and confused) why you think it's the "most stupid wallet in the history of cryptocurrency"... Roll Eyes

Plus:

Quote from: Raja_MBZ on January 07, 2019, 12:14:11 PM

You should only use Daedalus if you want a full node; if you don't want a full node, use a light-client wallet such as Yoroi.

Actually downloading Deadalus wallet is a pain at least from my experience, it literally gulp down all my data bandwidth Grin

and not to mention i have to wake up at wee hours of the morning to have strong signal for a bit fast download Cheesy

Didn't even know about an alternative wallet if not woulda certainly go for the latter, well i guess it's time to pickup some ada again now, hope they can develop lite version for a second option.

AlloM

full member

Activity: 798

Merit: 102

Quote from: Raja_MBZ on January 29, 2019, 02:58:30 PM

>Cardano is secure against fake stake attacks: Peer-reviewed design means Ouroboros is free from a flaw affecting many proof-of-stake blockchains

>ADA is now listed on Huobi Indonesia.

That is amazing article article and it is worth for it to read and understand why Cardano is different than other existing blockchain and how secure that. Thanks for sharing this update link no doubt ADA will be next big thing.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

>Cardano is secure against fake stake attacks: Peer-reviewed design means Ouroboros is free from a flaw affecting many proof-of-stake blockchains

>ADA is now listed on Huobi Indonesia.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

The Yoroi Wallet for Android is now available at Google Play Store:

https://play.google.com/store/apps/details?id=com.emurgo

I've been using it for the last few hours, and I must admit that it's yet another great piece of work by Emurgo! Grin

TradingIsBreath

newbie

Activity: 28

Merit: 0

Cardano is the first peer-to-peer transaction system based on scientifically tested theories. It aims to combine the transactional properties of Bitcoin with the Smart Contract and the DApps system of Ethereum.

Cardano is a decentralized, blockchain based system, powered by the ADA coin, the cryptocurrency which runs on the Cardano platform. Much like Ethereum, it is a smart contract-based system and can be used to run Decentralized Apps (called DApps). But Cardano is a layered system; i.e.

It has a separate layer which runs ADA exchange, and
A separate one which runs the Smart Contracts.
Cardano claims to be the first cryptocurrency which runs on a scientific peer review, which ensures its safety.

As the Cardano cryptocurrency, ADA, is not widely in circulation, it can be bought on a few of the major platforms, such as CoinSwitch, Binance and Bittrex, ATMs in Japan will soon be available to buy ADA. Other major platforms include KuCoin, ChangeNow, Cryptopia and more - all of which are available on CoinSwitch.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Cardano Classic is an ERC20 token, a complete scam package. It has absolutely no partnership/collaboration or whatsoever with Cardano:

2012

legendary

Activity: 1526

Merit: 1003

Cardano have so many surprises for this year I think it bottom out and it will move to higher floor in coming days. It's great chance to buy on every dip because it looking safe investment and future will be really bright.

statdude

legendary

Activity: 1498

Merit: 1000

Quote from: Piston Honda on January 17, 2019, 04:02:55 PM

now THIS i like to see

moon inbound (one day) lol

Impressive, but what are your feels on the Charles Hotchcoma or whatever leader himself? I could never get past the Ego. Roll Eyes

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Be on your guard, guys!

Quote from: https://twitter.com/Cardano/status/1087373432847810560

We have been notified that Cardano community members are receiving DM’s across Telegram and other platforms about Daedalus. Please ignore, they are scams. Updates on Daedalus will be shared by official accounts.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

Quote from: Raja_MBZ on January 13, 2019, 06:50:48 PM

I've been following Github activity of Cardano for a while, and I must admit that it's quite awesome!

now THIS i like to see

moon inbound (one day) lol

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: hush on January 17, 2019, 04:15:32 AM

Quote from: Raja_MBZ on January 13, 2019, 06:50:48 PM

I've been following Github activity of Cardano for a while, and I must admit that it's quite awesome!

No doubt these are amazing facts but they should have to develop a light weight wallet to store this coin with confidence. Deadalus is one of the most stupid wallet in the history of cryptocurrency and unfortunately I am using this and facing trouble to keep this update.

I've never faced any major issue with Daedalus; I'm not sure (and confused) why you think it's the "most stupid wallet in the history of cryptocurrency"... Roll Eyes

Plus:

Quote from: Raja_MBZ on January 07, 2019, 12:14:11 PM

You should only use Daedalus if you want a full node; if you don't want a full node, use a light-client wallet such as Yoroi.

hush

full member

Activity: 1288

Merit: 102

Quote from: Raja_MBZ on January 13, 2019, 06:50:48 PM

I've been following Github activity of Cardano for a while, and I must admit that it's quite awesome!

No doubt these are amazing facts but they should have to develop a light weight wallet to store this coin with confidence. Deadalus is one of the most stupid wallet in the history of cryptocurrency and unfortunately I am using this and facing trouble to keep this update.

Xandan

hero member

Activity: 1106

Merit: 504

Those statistics are showing how much work is going on in development but once again I would like to say they will have to come out with some light wallet or bootstraps for chain to make syncing easier and faster. I never experienced this bad with syncing/restoring any coin in so many years. This will be hurdle for adoption for new people they must pay attention to this syncing issue seriously.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

I've been following Github activity of Cardano for a while, and I must admit that it's quite awesome!

Xandan

hero member

Activity: 1106

Merit: 504

I will switch to lighter version of wallet off course but first to recover my ADA tokens. I see last upgrade brought unpleasant experience to many users those were using Deadalus and unfortunately support is poor. They need to work on existed issues before moving ahead. They wrote article by self declaring issue has resolved without feedback while we are facing restoring wallet issue.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

As the Shelley is planned to get released within this quarter, the design of Cardano's delegation mechanics is being finalized. This is going to be a very interesting quarter for Cardano:

https://twitter.com/IOHK_Charles/status/1082401822206279680/

Quote

Heading to Berlin for an internal workshop to finalize the design of Cardano's delegation mechanics. 50 pages of math to go through #ShelleyIsComing

On a side note, Cardano is among the top-ten gainers today within the first one-hundred coins (by market cap).

Topic: Cardano (ADA): A New Cryptocurrency and More - page 44. (Read 50707 times)