Cardano's founding developer, Input Output (IO), will transfer control of key infrastructure components like the Haskell node, Plutus smart contracts, and Daedalus wallet to independent teams starting August 2026, completing the process through 2027. This move aims to decentralize governance and reduce reliance on IO, with community groups overseeing the transition. While this could enhance resilience and trust, Cardano's low ADA price and Total Value Locked raise questions about its market position. The next year will be critical to see if this decentralization strengthens Cardano or signals its decline among smart-contract platforms.
Cryptocurrency prices showed a general decline with Bitcoin trading near $64,026, down 0.20%, and Ethereum falling 1.81% to $1,838.37. Other major coins like BNB and XRP also experienced drops, reflecting ongoing market volatility. Stablecoins remain...
Cardano developer Input Output is transferring control of key blockchain components like the Haskell node, Plutus platform, and Daedalus wallet to external specialist teams starting August as part of a decentralization effort. This move aims to reduc...
Cardano's price fell 1.39% to $0.1628 as traders increased short positions ahead of the Van Rossem hard fork scheduled for July 18, 2026. Despite the price drop, large holders (whales) accumulated ADA to the highest levels since 2023, signaling confi...
Cardano founder Charles Hoskinson predicts significant growth for ADA over the next two years as the ecosystem extends beyond its core blockchain to include privacy, artificial intelligence, and decentralized finance (DeFi) applications. He highlight...
Cardano has introduced native support for BLS12-381 elliptic curve cryptography in its Plutus smart contracts, enabling the verification of thousands of signatures on-chain at a low and predictable cost. This technology compresses multiple signatures...
