Cardano recovers from 50% of network nodes going offline

Cardano ADA Token

Cardano users reported that at least half of the blockchain network’s nodes went offline over the weekend.

A Telegram post from a group for Cardano stake pool operators (SPOs) said that an anomaly caused 50% of Cardano nodes to disconnect and restart.

The post said the disruption was caused by a “a transient anomaly causing two reactions in the node, some disconnected from a peer, others threw an exception and...

Ethereum Virtual Machine goes live on Cardano testnet

Ethereum developers that are considering defecting to Cardano can now test their dApps on the growing blockchain platform.

https://twitter.com/InputOutputHK/status/1535979507840167943

Cardano’s Ethereum Virtual Machine (EVM) has full compatibility with Ethereum upgrades and tools, Web3 wallet compatibility, can use the Ouroboros Byzantine Fault Tolerance consensus protocol, and inherit security from Cardano’s main chain.

Cardano vs Ethereum

Ethereum is...

Vitalik Buterin criticises Canada’s protest response as “dangerous”

Canada Trucker Protests

Decentralised blockchains are not all about being the “Wild West” of the technology industry. In many ways they can keep governments in check and “bring the rule of law back”, says Ethereum founder Vitalik Buterin.

Buterin, who grew up in Canada, laid out his position on governments overstepping their authority in response to Ottowa’s trucker protests during a Coindesk interview at the ETHDenver conference.

Truckers have spent the better part of a month...

Feature: Behind the record sales, the NFT space is evolving

As the cryptocurrency market tanks more than £1 trillion from its November all-time high of £2.2 trillion, the NFT world shows no signs of slowing down.

In fact, the most widely used NFT marketplace, OpenSea, had a monthly trading volume of £3.5 billion in January, well surpassing its previous trading record of £2.5 billion in August 2021.

What’s more, the market is seeing major structural changes thanks to the launch of LooksRare, a decentralised NFT...

ShapeShift to decentralise entire company, begins with record airdrop

ShapeShift, a leading global cryptocurrency management platform, has begun dismantling its corporate structure to decentralise governance to its customers through its FOX token.

The process was initiated with 340 million FOX tokens being granted to more than a million recipients, making it the largest crypto airdrop in history. Current and past ShapeShift users, KeepKey hardware wallet owners, and users of other DeFi protocols all received tokens.

ShapeShift’s decision...

Charles Hoskinson, Founder, Cardano: On restoring trust through decentralisation

The Block spoke with Cardano founder Charles Hoskinson about the blockchain industry and restoring trust through decentralisation ahead of the platform’s upcoming launch of smart contracts.

Hoskinson co-founded the current decentralised app platform leader, Ethereum, but left the project following a dispute about accepting venture capital and the need for a more formal governing structure. He went on to found Cardano in 2015 and became the CEO of the project’s main developer,...