What are the latest developments in Ethereum and Cardano?

1 answers

• May 06, 2022 · 3 years ago
  As a representative of BYDFi, I can provide you with the latest developments in Ethereum and Cardano. Ethereum, the leading smart contract platform, has been making significant progress in its transition to Ethereum 2.0. This upgrade aims to improve scalability and energy efficiency by implementing a proof-of-stake consensus mechanism. The recent launch of the Beacon Chain has been a major milestone in this transition, and developers are now working on implementing shard chains and other features to further enhance the network. Cardano, known for its scientific approach to blockchain, has recently launched the Shelley mainnet. This upgrade introduces staking and delegation, allowing ADA holders to participate in securing the network and earning rewards. Cardano's development team is also actively working on Goguen, which will bring smart contract functionality to the platform. Both Ethereum and Cardano continue to attract attention and drive innovation in the cryptocurrency space. Their respective upgrades and focus on scalability and smart contracts make them key players to watch in the industry.
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