Roadmap and achievements of ADA Coin

Cardano has ambitious goals for 2018 which includes the deployment of a system of smart contracts which, if successful, will represent several improvements over the Ethereum blockchain.

Cardano is a project that began in 2015 to change the way cryptocurrencies are designed and developed. A particular set of innovations is to provide a more balanced and sustainable ecosystem that better reflects the needs of its users as well as other systems seeking integration.

Cardano's Proof of Mining Participation

Cardano uses a new Ouroboros proof of participation algorithm, which determines how individual nodes reach a consensus on the network. The algorithm is a crucial part of the Infrastructure that supports Ada cryptocurrency and is a major innovation in the blockchain and chnology. Ouroboros eliminates the need for an energy-consuming work proof protocol, which constitutes a barrier to expanding the blockchain for much wider use.

Designed a team led by the chief scientist of the IOHK, Professor Aggelos Kiayias. the stake protocol, which has been mathematically proven to be surely secure, and the first to have undergone peer review thanks to its acceptance at Crypto 2017, the main cryptography conference. The level of security demonstrated by Ouroboros is comparable to that of Bitcoin's blockchain, which has never been compromised

Cardano Achievement in 2018

Launch of KVEM TestNet:

May 28 marked the launch of Cardano's first smart contracts "KEVM" testnet. The testnet deployed in a correct build version of the Ethereum virtual machine (EVM) in the K structure. This technology was produced collaboratively by Runtime Verification with the support of IOHK.

Prof. Grigore RosuI said that it is a huge step forward not only for Cardano but also "for the promise of third generation channels". Smart contracts written with the K framework, including existing Ethereum-based smart contracts, will leverage the enhanced security benefits offered by KEVM and in addition, allow for easy optimization and badysis phases that will ultimately make the codes safer.

Daedalus:

The electronic purse of Cardano is called Daedalus, one of a kind. on the market. It gives users the ability to enable decentralized applications in blockchain crypto-currency. So, it's both very powerful, versatile and safe. The wallet up to now has left a lot to be desired, and the Cardano community has asked for more features. The team is responsive, which shows a good dynamic between developers and the community.

Those who have downloaded the Daedalus Wallet may remember that the synchronization process can take a long time. In April, the software was updated to streamline this process. The portfolio also had a little delay in displaying the portfolio after being refreshed, which was corrected

New Global Partnerships:

Their co-founder and CEO Charles Hoskinson recently signed a preliminary agreement with the government of Ethiopia to set up a training center and recruit local talent to work on Cardano. The roadmap also provides for the establishment of a research and development center in Vietnam specializing in APIs and tools for developers.

By offering training and incentives to local programmers, IOHK can quickly develop the base of developers familiar with their software. . These countries, overwhelmed by inflation, will win big crypto economy in full growth. This means that local demand for blockchain-based applications will likely be high in the coming years. Having a strong local presence could be a great blessing.

Emurgo, Investment Arm, based in Cardano, Japan:

Emurgo invests in start-ups that will create real applications to run on Cardano. These include Traxia, a commercial finance start-up working on the securitization of unpaid invoices.

Emurgo also announced partnerships with Sirin Labs, producing a smartphone specifically designed for cryptocurrency users named FINNEY. The same partnership announced with the Tokyo University of Science to hold a number of lectures on campus to educate Cardano.