[Latest news on Cardano] As of 5/10, 2023.

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1. Cardano Blockchain Development Progress

The Cardano project has finally launched its long-awaited scaling protocol, Hydra. Hydra is a scaling solution that will allow Cardano to process up to 1 million transactions per second, contributing to improvements in performance, scalability, and security. This is a significant advancement for the Cardano ecosystem, demonstrating the potential of transformative technology. With this, Cardano appears to be on track to become one of the fastest and most efficient blockchains out there!

2. Metaverse Virtua Project

Big Immersive has launched the deployment of its virtual platform “Crypts and Condos.” The producer of the platform has revealed updates about the “Crypts” and “Condos” on the platform. Additionally, they mentioned the 3D NFTs that the company released for the first time. While the initial versions of these NFTs had technical issues, they have since improved them based on user feedback, and they now appear to be running smoothly!

3. ADA Market Analysis

ADA has shown a remarkable surge and is expected to continue growing! One of the major factors contributing to this growth is the work being done by the Cardano project to improve the network, which is supporting ADA and could lead to further increases in value in the future. Additionally, there are voices suggesting that other cryptocurrencies may also rise in tandem with the increase in ADA.

Quoted URL

https://www.youtube.com/watch?v=9oj6QOwLHYg
https://www.youtube.com/watch?v=QyTvFH56_gM
https://www.youtube.com/watch?v=ghj5R-t6zjg

AUTHOR

ADA HARVEST

Explanation of Cardano Staking by an Active SPO(Stake Pool Operator)

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