Real Life Adoption, Cardano

Daedalus Wallet Update

Daedalus just released a new update to their wallet, Version: 2.2.0 download here. This version of Daedalus includes significant improvements to sync times to the Cardano blockchain. Previously it was taking a long time to synchronize to the Cardano blockchain when you open your daedalus wallet. More information about this update.

Also there is a major update to the new node, v1.19 which is 100 times faster than the old node. The release of the Daedalus wallet v2.2 and the new version of the node software, both releases showed significant increase to the performance. IOHK will continue to work to improve the performance of both components of the Cardano ecosystem. So there is “still a lot to improve on the wallet backend”. Charles Hoskinson

Cardano Update

The release of Goguen will make Cardano “extremely competitive” in the DeFi space, with first use cases such as stablecoins, oracles and decentralized exchanges already in the pipeline. Charles Hoskinson

Cardano is getting into data oracles ahead of the Goguen era that will add smart contract functionality. The first two oracles are deployed on Ergo and provide price feeds for the two trading pairs: ADA/USD and ERG/USD. More information

September will also bring another major update to the Daedalus Wallet. As IOHK are focusing to adapt Multisig (requires one or more copayers to sign a transaction to send funds from the wallet). This feature will add more security to the Cardano ecosystem. IOHK is also wants to implement the “one-to-many” delegation. So delegators can delegate their ADA with one or more stake pools.

Emurgo Partnerships

Emurgo announces today a strategic partnership with Bidali - is a payment platform that helps small and large companies accept next-generation payments and grow their business. The partnership enables ADA holders to purchase items from more than 1,200 major retail brands (Amazon, Nike, Starbucks, Airbnb) and many more via Bidali’s online gift card platform.

“Cardano is a very promising project. As we’ve seen blockchain and other distributed ledger technologies develop, Cardano is third generation technology that is now finally getting us closer to the performance, scalability, and cost effectiveness required to bring the benefits of cryptocurrency to the mainstream and begin to solve some very large global problems. We’re very excited to be applying this towards the gift card space where fraud and lack of traceability are huge problems,” said Bidali VP of Growth Erik Ashdown.

Marketing will be the main focus for Emurgo, as the Cardano ecosystem continue to strive for more 'real world' adoption.

Staking Update

I have switch my ADA delegation to a different stake pool - 🌎₳ CardanoLAND🌎[ACL]. CardanoLAND preformed well so far for a smaller stake pool; 21.3m active stake, creating 23 blocks, charging ONLY 1% variable fee.

I'll continue to do more research about how to choose the best staking pools to delegate your ADA.

Thanks for stopping by :)