-
What Happened with the Lucid Project and Its Deprecation?
The blockchain space is known for its rapid evolution, with projects constantly emerging, evolving, and sometimes being deprecated as technology advances. One such project that gained significant attention in the Cardano ecosystem was Lucid. Initially, Lucid was hailed as a promising development library for Cardano smart contracts and decentralized applications (dApps). However, as Cardano matured…
-
A Deep Dive on How Block Production Works in Proof-of-Stake (PoS)
Proof-of-Stake (PoS) has emerged as a popular alternative to Proof of Work (PoW) in the world of blockchain and cryptocurrency, offering a more energy-efficient and scalable solution for securing decentralized networks. One of the most prominent examples of PoS is Cardano, a third-generation blockchain platform that uses an advanced PoS protocol called Ouroboros. This article…
-
A Deep Dive on Understanding Hash Functions in Cryptocurrency
Cryptocurrencies like Bitcoin, Ethereum, and Cardano are built on cryptographic foundations that ensure security, transparency, and decentralized control. One of the most critical cryptographic tools underpinning these systems is the hash function. It’s an indispensable component in blockchain technology, contributing to everything from transaction validation to consensus mechanisms. In this deep dive, we’ll explore exactly…
-
What Type of Wallet Should Beginners Start With on Cardano?
As the blockchain ecosystem grows, Cardano has emerged as one of the leading platforms for decentralized applications (dApps), staking, and smart contracts. For beginners looking to get involved with Cardano, the first step is choosing the right wallet. Your wallet will not only store your ADA (Cardano’s native cryptocurrency) but also allow you to interact…
-
How Receiving Tokens on the Cardano Blockchain Works: A Simple Breakdown
In the Cardano blockchain ecosystem, sending and receiving ADA or other native tokens is a straightforward process, but it involves several important steps to ensure security and accuracy. If you’re new to Cardano or blockchain technology in general, you might wonder what happens behind the scenes when someone sends you tokens. Here’s a simple breakdown…
-
Key Stakeholders Behind Cardano: The People Shaping the Future of Blockchain
Cardano is one of the most innovative blockchain platforms in the world, distinguished by its academic rigor, secure infrastructure, and commitment to decentralization. Unlike many other blockchain projects, Cardano’s development is rooted in peer-reviewed academic research, which helps ensure its security, scalability, and long-term sustainability. Behind this ambitious project is a diverse team of visionaries,…
-
Understanding the Transaction Lifecycle in Cardano
The Cardano blockchain is a powerful, decentralized platform that supports secure, scalable, and sustainable transactions using its native cryptocurrency, ADA. Like most blockchain networks, transactions are at the heart of Cardano’s functionality. Whether you’re sending ADA to a friend, delegating ADA for staking, or interacting with smart contracts, understanding how transactions work in Cardano can…
-
Account-Based Model vs. eUTxO Model: A Deep Dive into Blockchain Architectures
As blockchain technology continues to evolve, different architectures are being adopted to improve scalability, security, and transaction handling. Two primary models currently dominate the landscape: the Account-Based Model, popularized by Ethereum, and the eUTxO Model, championed by Cardano. These models represent fundamentally different approaches to managing user balances, executing transactions, and supporting smart contracts. In…
-
How to Become a Stake Pool Operator on Cardano
Becoming a stake pool operator on the Cardano blockchain is an exciting opportunity for those looking to participate actively in the Cardano ecosystem while earning rewards. Stake pool operators (SPOs) play a crucial role in securing the network, validating transactions, and maintaining decentralization. If you’re interested in running your own stake pool, this guide will…
-
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…
