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Topic: Cardano (ADA): A New Cryptocurrency and More - page 57. (Read 50363 times)

sr. member
Activity: 453
Merit: 261
Look Morty magic internet money
this is the only tread I could find for ADA on btct. Is this correct ? Dont they have a official ANN here?

Where do I store ADA is it still a eth token?
full member
Activity: 238
Merit: 101
The team is very active, and it is clear that before offering its idea and the product is very well prepared, the expansion of the borders will not keep you waiting and the correct emphasis on those states.
full member
Activity: 546
Merit: 128
https://twitter.com/CardanoStiftung/status/976412667605913600
This morning, Long Finance’s Distributed Futures research programme, sponsored by Cardano Foundation, launched its latest report: “Liquidity Or Leakage - Plumbing Problems With Cryptocurrencies”. The full report will be available on their website soon.
sr. member
Activity: 588
Merit: 251
EVOS
After all it is pleasant to look behind work of harmonious team. Of course I do not know all subtleties in the project at the moment. But visually reverse side allows to judge development. In general a little even I regret now that at the beginning did not come into this project when in the market the price was ten times cheaper, now navryadl such price will be.
sr. member
Activity: 854
Merit: 257
16.03.2018 - Cardano Foundation Newsletter - https://forum.cardano.org/t/16-03-2018-cardano-foundation-newsletter/9646

And [DarpalRating] We went through 133 Blockchain projects Github, Here’s our Code Audit Report for February


member
Activity: 735
Merit: 17
IOHK | Cardano whiteboard; Cardano SL, George Agapov

This Cardano whiteboard outlines the work that has gone into the Cardano Settlement Layer since its development began in 2016. Consisting of three main parts – Core, wallet and networking – the code grew in complexity over the duration of the project as functionality was added to Cardano. George Agapov, Core developer at Serokell, the contractor working on Cardano, explains the challenges faced during development and how they were tackled.

George Agapov is a software engineer from Saint Petersburg, Russia. Currently, he is doing his Computer Science master’s degree at ITMO University. In parallel with studying he acquired 5 years’ experience of industrial programming, working with Web technologies, networking, creating software for financial industry (ForEx brokerage and backoffice). Having good experience with Haskell from university and being adept at functional programming.

https://www.youtube.com/watch?v=f01got8H-1k
hero member
Activity: 1092
Merit: 511
Cardano 1.1.0 software update has been released! Read all about this major package of improvements and fixes here: http://ow.ly/CbLl30iOp0G
member
Activity: 217
Merit: 17
ChangeNOW. Non-custodial and limitless exchange.
You are now able to buy Cardano on ChangeNOW with USD/EUR

Enjoy!

https://changenow.io/
hero member
Activity: 1092
Merit: 511
https://twitter.com/CardanoStiftung/status/970981173655719937
There will be an update push today. The process will start today and takes about 12 hours, once initiated, to propagate throughout the entire Cardano network. This update should help resolve some of the Daedalus issues some of you have faced.
full member
Activity: 504
Merit: 102
IOHK | Cardano: Shelley Update. March 2018.

Throughout Q2 and Q3 of 2018 the features of Shelley will be released, starting with delegation and stake pool testnets. Duncan Coutts, IOHK Director of Engineering, explores the progress of Shelley.

Duncan has more than 15 years' programming experience with Haskell and is a well-known member of the Haskell community. He helps maintain several popular libraries and tools including Cabal and ByteString. He has several years' experience in packaging the Haskell toolchain and took a leading role in establishing the Haskell Platform.

He holds a first-class degree in Computation and a D.Phil in Computer Science, both from Oxford University. He has published papers at international conferences, including ICFP. His research focus is on generating high performance code from idiomatic high-level Haskell code. This included co-authoring the ByteString and Binary libraries and work on stream fusion for lists. He has five years' experience teaching computer science, including four years spent teaching Haskell to mature students at graduate level.

https://www.youtube.com/watch?v=GLciKKGPeTg
legendary
Activity: 2156
Merit: 1070
Crypto is the separation of Power and State.
xpost highly relevant to Cardano:

Going by Callisto whitepaper, the supply is many billions so is huge so do not have high expectations from that.

TLDR: Two significant advantages of a large coin supply are improved price granularity and reduced psychological transaction costs relative to coins with a lower emission and/or higher value.


I heard the same "supply is many billions so is huge so do not have high expectations" naysaying when Cardano was 300 sats.

Instead of listening to the FUD, I listened to my FOMO and backed the truck up. Cool

More people need to understand the interplay of "round number bias" and the psychological costs (IE market friction induced by high cognitive load) of using high priced/low emission coins for small transactions.

How Round Number Bias and Psychological Pricing Affect Your Gains and Spending

You may have partied like it was 1999, but the big celebration was in 2000.  Your shopping cart is consistently full of products with prices ending in “.99”.  Your last salary negotiation involved numbers rounded off to the nearest $5,000 or $10,000.

All of these examples aren’t coincidence – it turns out that there is a round number bias in humans.  Closely related to that, pricing strategies known as psychological pricing or charm pricing have evolved to exploit your penchant for round numbers.

Round Number Bias: Your Brain Likes the ‘0’s

Humans have a round number bias.  It’s been passed onto us by socialization.

Think about it – picking a Base-10 number system was an arbitrary choice.  It was probably an anthropomorphic choice based on the number of fingers the average (fine, modal) human possesses.

However, something in our upbringing – or a combination of numbers and an evolved trait – means we’re just more comfortable with numbers ending with zero.

A large community of people enjoy being able to be Dogecoin millionaires and how much more fun it is tipping each other many 1000s of Doge rather than an equivalent value expressed as a tiny portion of a Bitcoin or Dash.

The objective value transferred is equivalent but the human psychology involved is nothing alike, because giving/receiving a 10,000 Doge tip is a subjectively more satisfying experience than using the equivalent 0.0001 Bitcoin or 0.001 Dash.

These kinds of cognitive artifacts result from brain structures relating to the human mind's sense of numeracy and its subitization engine.



Subitizing is the rapid, accurate, and confident judgments of numbers performed for small numbers of items. The term was coined in 1949 by E.L. Kaufman et al.,[1] and is derived from the Latin adjective subitus (meaning "sudden") and captures a feeling of immediately knowing how many items lie within the visual scene, when the number of items present falls within the subitizing range.[1] Number judgments for larger set-sizes are referred to either as estimating if insufficient time is available for observers to accurately count all the items present, or counting otherwise.

The accuracy, speed, and confidence with which observers make judgments of the number of items are critically dependent on the number of elements to be enumerated. Judgments made for displays composed of around one to four items are rapid,[2] accurate[3] and confident.[4] However, as the number of items to be enumerated increases beyond this amount, judgments are made with decreasing accuracy and confidence.[1] In addition, response times rise in a dramatic fashion, with an extra 250–350 ms added for each additional item within the display beyond about four.[5]


The best work in this space has been done our revered Professor Szabo.





His conclusion is neatly summarized by one of our favorite Bitcoin memes:



 Cheesy Cheesy Cheesy

One source of objection to high emission coins comes from reckoning using the metaphor of a publicly traded company's stock share structure.  Stocks with a very high number of shares are considered diluted, usually due to having many rounds of share issuance to raise capital after several unprofitable quarters/years.

The market sees stock buybacks and corresponding share issuance reduction as a sign of a strong company; investors like there to be fewer shares because the stock price may move up more easily due to reduced liquidity (recall that prices are set on the margin).

This metaphor may be of some use when considering coins that actually behave with shared characteristics comparable to a publicly traded company's stock, where 1 coin and 1 share equal 1 vote, such as Decred and Cardano.

But the metaphor breaks down when it's taken into account that the number of coins in a cryptocurrency's present/total emission is arbitrary.  IE, a Bitcoin is just an arbitrary number of satoshis and the number of atomic units may be limited artificially or as a result of the fundamental capacity of the 64-bit memory address space.

A coin's architect must make these design decisions despite the fact they are somewhat akin to picking magic numbers and after launch fairly 'set in stone' because of social contract considerations.

The coin's architect is thus faced with picking these magic numbers based on what has/hasn't worked for previous coins and their own taste (IE intuition).  The market then decides if the architect has good or bad taste in magic numbers (IE fundamental parameters).

The market's decision doesn't happen in a vacuum and depends on if the coin's emission/nomenclature parameters are a good fit for its intended/actual use cases.

Thus for Bitcoin, which is destined to become high-powered super money, a relatively low total emission of 21e6 is perfect.

But for other coins, which naturally fulfill lessor/supporting roles as mere mediums of exchange, a far lower per-unit value is desirable as a way to leverage our visually oriented brains' (and resultant cultures') highly optimized, low cognitive load pathways for subitization and mental calculation.
member
Activity: 154
Merit: 24
Just taking into account the team contracted to work on it, that alone boosts it to a top 10 coin. The team is impressive and scientifically robust. Haven't seen that many PhDs and professors working on any other blockchain project.

PhDs are not a guarantee of succesfull project. PhDs like to research, talk and write articles and so far, this project is just a list of promises. The question is if they deliver.
full member
Activity: 199
Merit: 100
Just taking into account the team contracted to work on it, that alone boosts it to a top 10 coin. The team is impressive and scientifically robust. Haven't seen that many PhDs and professors working on any other blockchain project.
member
Activity: 518
Merit: 18
Cardano's Ouroboros: Proving Proof of Stake can work in the wild

http://www.ibtimes.co.uk/cardanos-ouroboros-proving-proof-stake-can-work-wild-1663150
newbie
Activity: 191
Merit: 0
I heard that ADA is going to develope their wallet and when holders transfer ADA coins to this wallet, they will be got profit. Is that right?
newbie
Activity: 40
Merit: 0
I didn't find any road Map.. do you guys have a link?
 
Kiss



Here it is -> https://cardanoroadmap.com/
jr. member
Activity: 139
Merit: 6
SIRIN LABS / Cardano Announce Strategic Partnership


 This partnership, with an organization as renowned and recognized as Cardano, speaks to the belief in the SIRIN LABS vision. This functionality speaks to the ability to bring a friendly and simplified user experience, which in-turn creates the mass-appeal to bring the blockchain into the hands of every person who uses a smartphone.

https://medium.com/@sirinlabs/sirin-labs-cardano-announce-strategic-partnership-61fc7fce6726

Two great projects but I still really don't know exactly why one needs the other, especially since SRN has its own onboard currency.
jr. member
Activity: 47
Merit: 1
I didn't find any road Map.. do you guys have a link?
 
Kiss

full member
Activity: 504
Merit: 102
SIRIN LABS / Cardano Announce Strategic Partnership



I am so excited to tell you about our new strategic partnership with Emurgo and Cardano.

What do they do?
Emurgo develops, supports, and incubates commercial ventures and helps integrate these businesses into Cardano’s decentralized blockchain ecosystem.

Cardano is a decentralised public blockchain and cryptocurrency project that is now a top-5 cryptocurrency by market capitalisation. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed, and it is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Their global development team is a collective of expert engineers and researchers.

Why is this important?
Not only will the FINNEY’s cold-storage wallet support Cardano’s native token (ADA), but the Emurgo team will also be aiding the SIRIN LABS R&D team to integrate the FINNEY smartphone and SIRIN OS with the Cardano protocol.

The availability of the ADA token within the SIRIN LABS ecosystem, will undoubtedly enhance the user experience and utility of the FINNEYTM smartphone, for both crypto enthusiasts and mainstream users.

The FINNEY’s cold-storage wallet will be designed to seamlessly interact between tokens and coins that are supported within the wallet. So first, the ADA token will be supported in the wallet. Next, we are creating a DApp store and providing developers with an SDK to significantly grow the number of DApps in existence. This partnership will bring ADA support and functionality to the DApp store, meaning that if you want to purchase an app from the DApp store, but you only have ADA stored in your wallet and since all transactions will need to be performed in SRN, you will be able to make that purchase in ADA. The wallet’s functionality will automatically and seamlessly exchange your ADA for SRN. Users will be prompted to approve a transaction for the appropriate amount of ADA, and then the phone will conduct the transaction in SRN.
 
 This partnership, with an organization as renowned and recognized as Cardano, speaks to the belief in the SIRIN LABS vision. This functionality speaks to the ability to bring a friendly and simplified user experience, which in-turn creates the mass-appeal to bring the blockchain into the hands of every person who uses a smartphone.

https://medium.com/@sirinlabs/sirin-labs-cardano-announce-strategic-partnership-61fc7fce6726
full member
Activity: 336
Merit: 100
Look at Cardano's Github, really very active, reaching an amazing 10000+ submission, and its competitor, EOS's Gitbub, is only submitting 1000+. Grin Cheesy Wink
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