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Extended UTxO (eUTxO) Model
The Extended UTxO (eUTxO) Model on Cardano is an advanced version of the Unspent Transaction Output (UTxO) model, which was initially used by Bitcoin. The eUTxO model enhances the original UTxO structure by supporting smart contracts and enabling more complex transactions on the blockchain. It was implemented with the Alonzo upgrade in September 2021, when…
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SundaeSwap
SundaeSwap is a decentralized exchange (DEX) built on the Cardano blockchain. It allows users to trade Cardano native tokens in a decentralized manner, using an automated market maker (AMM) model, similar to Uniswap on Ethereum. Project Status https://sundae.fi Key features and aspects of SundaeSwap SundaeSwap is one of the most notable DEX projects on Cardano,…
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Emurgo
Emurgo is one of the founding entities of the Cardano blockchain and serves as the commercial and venture arm of the Cardano ecosystem. Its primary mission is to drive the adoption and development of Cardano by building partnerships, providing funding, and supporting projects that enhance the blockchain’s ecosystem. Here’s how Emurgo contributes to Cardano: Through…
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The Advantages of Staking on Cardano Over Other Blockchains
Staking has become an increasingly popular way to earn rewards and support blockchain networks. Among the various platforms available, Cardano distinguishes itself with its innovative features and user-friendly approach. In this post, we’ll explore why Cardano’s staking system stands out and why it might be the ideal choice for you. A Sustainable and Energy-Efficient Protocol…
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Non-custodial liquid staking
Non-custodial liquid staking in Cardano is a concept that allows you to stake your ADA tokens to earn rewards without having to lock them up for a specific period. Here’s a breakdown of how it works: In essence, non-custodial liquid staking provides flexibility and liquidity by letting you participate in staking while keeping your tokens…
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Types of Addresses (Cardano)
Cardano uses several types of addresses within its blockchain architecture, each serving different purposes. Here are the main types of addresses in Cardano: Each of these addresses has a unique role, and their selection depends on whether you’re participating in staking, regular transactions, or smart contracts.
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What’s the difference between eras, intra-eras, forks, and development phases in Cardano?
In Cardano, eras, intra-eras, forks, and development phases refer to different stages or changes in the network’s evolution. Each term highlights a specific aspect of how the blockchain is upgraded or organized. Here’s the difference between these concepts: 1. Eras 2. Intra-Eras 3. Forks 4. Development Phases How They Interrelate: Conclusion In essence, eras are…
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List of Cardano Hard Forks
Cardano has undergone several hard forks since its launch, each one marking a significant upgrade to its blockchain. These hard forks have introduced new features, improvements, and functionalities to enhance Cardano’s performance, scalability, and programmability. Hard forks in Cardano do not signify division and differences within the ecosystem. On the contrary, they define a specific…
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Beginners Guide to Buying ADA from a Decentralized Exchange (DEX)
In the world of cryptocurrencies, Cardano’s native token ADA has gained significant attention due to its energy-efficient, eco-friendly blockchain and its focus on scalability and security. While centralized exchanges (CEX) like Binance or Coinbase offer straightforward ways to purchase ADA, decentralized exchanges (DEX) are becoming increasingly popular among crypto enthusiasts for their focus on privacy,…
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Non-custodial Transactions
Non-custodial transactions on Cardano refer to transactions where users maintain full control of their funds throughout the entire process. This means that at no point during the transaction does a third party (like an exchange or intermediary) take custody or control over the user’s assets. Instead, the users themselves initiate and manage transactions directly from…