Dsupport.io: The Future of Decentralized Funding for Creators on Cardano
Are you a content creator or project leader looking for a way to receive financial support directly from your community? Dsupport.io, an innovative platform built on the Cardano network, is here to revolutionize the way you receive funding.
By connecting with compatible wallets like Vespr and Yoroi, Dsupport.io allows users to send support in ADA directly, without intermediaries, giving creators full control over their funds. Unlike traditional platforms, this decentralized system protects both creators and supporters, ensuring secure, fast, and transparent transactions.
Join Dsupport.io today and be part of the new era of decentralized funding on Cardano! #cardano #ADABullish #ADA $ADA
Cardano is in another league, some still don't see it.
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36Crypto
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Cardano to Hand Over $681.9 Million Treasury Control to Community
The post "Cardano to Hand Over $681.9 Million Treasury Control to Community" first appeared on 36crypto.com News. In recent developments, #Cardano has been set to achieve a groundbreaking milestone by transferring control of its $681.9 million treasury to its community. This move, highlighted by crypto asset tracker TapTools, underscores Cardano's commitment to decentralization and community governance. A data screenshot attached to the TapTools post on X shows that Cardano's treasury holds its native ADA tokens valued at $681.9 million at the time of the post. Unlike most blockchain protocols, Cardano's treasury consists solely of ADA tokens rather than a variety of stablecoins or other digital assets like Bitcoin and Ethereum. Cardano Treasury Structure Reflects Increased Network Activity Observers consider Cardano's growing treasury reserves a reflection of increased network activity. Like most blockchain networks, Cardano uses its treasury to foster ecosystem development. As with most blockchains, Cardano utilizes the treasury to incentivize application growth within the ecosystem. Experts have referred to this structure as one of the core supports for the future sustainability of the project. The withdrawal of control in the hands of the community is a crucial part of the development of Cardano, which is based on one of its key concepts – decentralization. Based on the present stage outlined in Cardano's roadmap, the project operates under a three-tier governance system. The Cardano Foundation mainly covers platform management and marketing. Other aspects of governance are Input Output Global (IOG), known as IOHK, which performs research and development initiatives for Cardano, and EMURGO, which centers on business opportunities. Cardano's focus on a decentralized treasury is considered to be one of the breakthroughs in the blockchain space. Here, Cardano demonstrates how important it is to involve the community in managing significant funds, thus setting a precedent for other blockchain projects. The repositioning is expected to increase the number of people who can work collectively toward a better future for the network. It is not just a ritual to transfer the treasury control but an utterly functional process in the direction of decentralization. It expresses Cardano's confidence in its community to self-govern and manage the staking and distribution of the asset. This change is expected to mean that there will be more exciting initiatives and creations in the Cardano ecosystem because people involved in the ecosystem will have a say in financing. Cardano's decision to hand over its $681.9 million and reach out to its community has been seen as a positive step towards a fully decentralized entity. This strategic move will benefit community governance and the Cardano ecosystem's continued growth and development.
Cardano is up for great things, the network's vision is designed for a bright future. 🚀🚀
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WealthMagnet
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Bullish
I don't have enough $ADA 🚨
Knowing all of the amazing features Chang is bringing to Cardano in July & taking note of major countries like Argentina & Brazil showing interest in $ADA, I believe Cardano is becoming the World's dominant Decentralized infrastructure! $10 $ADA 🚀🌕
Disclaimer The information provided in this article about Cardano (ADA) is for reference purposes only and does not constitute any investment advice. Information such as historical market performance, technology development and project progress mentioned in the article is based on public information and does not represent future market trends or investment results. The purpose of this article is to share information and promote the exchange of knowledge and is not to recommend a specific investment strategy.
Cardano Foundation partners with Universidad Tecnológica Nacional (UTN) of Buenos Aires to expand blockchain #education and adoption. 🤝 Further collaborations through ADA Labs for Blockchain Applications (ALBA) & @cardanosolar. Read more: https://go.cardanofoundation.org/3KIg4mJ @frbautn
#cardano #ADA $ADA Cardano: From $0.017 to $3 in 2020 and Outlook for 2025
Cardano (ADA) has been a notable cryptocurrency, experiencing a notable rise from $0.017 to $3 during the Bitcoin halving in 2020. This performance has sparked the interest of investors and enthusiasts, who are now looking at the halving progress towards the end of 2024 beginning of 2025 with anticipation and questions about Cardano's future potential.
During the Bitcoin halving in May 2020, Cardano started its journey from a modest value of $0.017. However, what followed was impressive growth that brought its price to $3 per token. This astronomical increase represented an impressive 17529.41%, demonstrating the explosive potential of this cryptocurrency.
At this halving, the question arises: could Cardano replicate its previous success and reach new heights in 2024-2025? Considering the astonishing growth experienced during the 2020 halving, where Cardano went from $0.017 to $3, and applying a similar approach to the current price of $0.45 per token, the projections are intriguing. If the trajectory continues, Cardano could reach a value of around $80 per token by the end of the halving bull cycle in 2024.
Cardano's growth potential is undeniable, as evidenced by its impressive rise from its initial value to its all-time high during the 2020 halving. Cryptocurrency investors and enthusiasts are keeping an eye on the possibilities that Cardano offers. If the past is any indication of the future, Cardano could be on its way to reaching new heights and establishing itself as one of the leading cryptocurrencies on the market, providing exciting opportunities for those who choose to invest in it.
**Chaos on the Solana Network: Extreme Congestion Causes Panic Among Users!**
Solana's network, acclaimed for its speed and efficiency, faces an unprecedented crisis. Recent reports reveal massive congestion that has left users and developers in a state of desperation and frustration. Promises of processing 50,000 transactions per second have collapsed in the face of reality, with wait times ranging between 30 and 50 seconds and an effective transaction rate that barely reaches 1,100 to 1,200 TPS under saturated network conditions.
This collapse is not an isolated incident. Liquidation attempts on Solana-based DeFi protocols have exacerbated the situation, with bots specifically designed to overload the network, preventing users from increasing their collateral to avoid liquidations. This tactic has led to a "settlement massacre" on Solana projects, leaving countless users with significant losses.
The question on everyone's lips is clear: Is Solana really the revolution it promised to be or are we facing the collapse of a giant? Confidence is fading as the network faces these congestion problems again and again, raising serious questions about its long-term viability. Users, fed up with broken promises and financial losses, begin to look for more stable and reliable alternatives.
In the meantime, the Solana team is working around the clock on updates to mitigate these issues, promising improvements in the next 8 to 12 weeks. However, the community is skeptical: will these solutions arrive in time to regain lost trust or is it already too late for the so-called "Ethereum killer"? Only time will tell, but one thing is certain: Solana's future hangs in the balance.