Altcoin News

Cardano (ADA) Overtakes TRON’s (TRX) 10th Place: 1.5 Version Bullish Trend Continues

Development

Following-up IOHK’s [one of the three-branch arms that run the Cardano project] announcement of the release of Cardano 1.5, the momentum that the price gained is still keeping up and living to its expectations.

Per time of writing – the pair ADA/USD is changing hands at $0.05874 marking the highest gain among the top-ten cryptocurrencies by market capitalization for the last 24-hours of 10.50% [leading BTC’ market by 10.10%]. The performance hoisted Cardano up to the 10th position replacing the famous and much respected project – TRX Tron by Justin Sun. Turning back to the price against the US Dollar, ADA has increased since beginning of February over 60.00%. While reaching and overcoming the major $0.0600 will present itself as a real-hurdle, for the upcoming days it is looking well for any near term trader.

Source: coinmarketcap


Today we release Cardano 1.5 on the Cardano mainnet. The Cardano 1.5 release is a milestone because it is the last major Cardano release of the Byron development phase, which we have been in since the launch of mainnet. – Maki Mukai in Cardano’s official forum

Key highlights of the release:

  • Byron to Shelley
  • Protection against 51% attacks – Ouroboros BFT
  • The evolution of Ouroboros will continue with a HF with the move to Ouroboros Genesis
  • Additionally – Update of Daedalus.

A few weeks ago, the venture and commercial arm EMURGO announced that it is planning to expand further into India via opening a blockchain academy. Called EMURGO Academy – the institution targets to train developers that are interested into blockchain-crypto developing thus increasing adoption of block-tech. EMURGO’s academy aims at supplying talented developers with the tools needed to thrive in the blockchain industry.

“The big accomplishment is just learning how to have a cryptocurrency in the market, learning how to have a product that can evolve at a reasonable pace, and being able to actually execute on the science, because the science is so very complicated and it’s all new protocols. And being able to actually go from the lab to a specification to code, and have a reasonable vision of how we’re actually going to roll that code out and ship it to people and get it to work. I think that that’s what I’m most proud of.”

Alex Tomzack
About author

Alex Tomzack is a crypto-enthusiast and has been fascinated since first hearing about it. Loves technology, writing, culture while being a regular trader and holder of digital assets. Email: [email protected]
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