Djed: implementing algorithmic stablecoins for proven price stability

Djed is the first coin to use formal verification to eliminate price volatility

18 August 2021 Olga Hryniuk 7 mins read

Djed: implementing algorithmic stablecoins for proven price stability

Cryptocurrency volatility is one of the obstacles to its wider adoption. Blockchain technologies provide benefits such as transparency, data immutability, and proven security of financial operations. Yet, it is harder than fiat currencies to predict how the market will behave, or forecast the value of a digital currency. This hinders using cryptocurrencies as accounting and…

Why they’re calling Cardano ‘the green blockchain’

Staking process avoids the massive energy use and hardware pollution caused by Bitcoin and Ethereum mining

17 August 2021 Fernando Sanchez 4 mins read

Why they’re calling Cardano ‘the green blockchain’

Ever since Satoshi Nakamoto published the Bitcoin whitepaper in 2008, Bitcoin has had its fair share of controversy, often being in the limelight for the wrong reasons. The biggest criticism is how much the mining activities of Bitcoin’s protocol, based on proof of useless work, are damaging the environment. Turns out, well, a lot.

At the time of writing, Digicomist estimates that mining consumes 99.37 terawatt hours (TWh) of electricity annually. To put this figure into perspective, that’s 0.55% of the electricity produced in the world each year, enough to run a country such as Malaysia or Sweden

Project Catalyst Fund6 – our biggest, boldest & best Cardano community innovation fund yet

Our exciting experiment continues with new challenges, new features and a $4m fund

13 August 2021 Kriss Baird 3 mins read

Project Catalyst Fund6 – our biggest, boldest & best Cardano community innovation fund yet

This week, we launched Project Catalyst Fund6, with $4m worth of ada available. Proposers can submit proposals for projects that received funding to address real-world challenges and help to build Cardano’s ecosystem.

Fund6 is our most ambitious fund yet, with more funding being distributed in Fund6 than in all the previous funds combined. For Fund6, we expect around 150 new…

Connecting the unconnected, banking the unbanked

World Mobile and IOHK seek to disrupt the global telecommunications market

11 August 2021 Alex Hamilton 6 mins read

Connecting the unconnected, banking the unbanked

Since the pay-as-you-go boom of the late 1990s, mobile phone use has grown sharply. Yet, half of the world’s population remains unconnected. That’s nearly four billion people, most of whom live in disadvantaged or remote areas.

There are many reasons why people may not be able to gain access to a mobile network. Lack of infrastructure is the main cause because network providers…

A closer look at the cFund

First announced at last year’s Shelley summit, the cFund is an early-stage investment fund focused on innovative companies primarily utilizing the Cardano blockchain and its technology.

28 July 2021 Fernando Sanchez 5 mins read

A closer look at the cFund

As we move closer to smart contracts on Cardano, fund activity is now accelerating. We spoke with David Roebuck, Principal at Wave Financial, to find out more about the fund and its goals.

What is the cFund?

The cFund is a crypto-native hedge fund managed by Wave Financial in partnership with IOG. The fund employs an early-stage venture strategy and invests in innovative…