The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain decentralization index, IOG announced on its blog. The new service is the first of its kind and will use a “research-based” methodology developed at the university. The Edinburgh Decentralization Index (EDI) has been in development for several months and was introduced in Edinburgh on Nov. 18, but it is not yet operational, according to IOG: “The first step for the tracker is the creation of research papers detailing decentralization metrics and a considered methodology for compiling them into …

Charles Hoskinson, the founder of Cardano and one of the co-founders of Ethereum, said one of the biggest lessons crypto users could take away from the collapse of Terra and other projects was learning to appreciate those that withstood the test of time. Speaking to Cointelegraph at the Web Summit tech conference in Portugal on Nov. 2, Hoskinson said he had seen many companies in the crypto space collapse, from Silk Road to Mt. Gox. According to Hoskinson, protocols that survived were “resilient under an adversarial load,” capable of weathering both bear and bull markets — something of which many …

Followers of the Ethereum Classic Twitter account may have found themselves the unintended fans of an entirely new crypto project after Cardano founder Charles Hoskinson turned the account into the new community page for the Ergo community. The Ethereum Classic account had built up over 600,000 followers since its inception in July 2016, and up until Sept. 15, has been used to post about Ethereum Classic. However, as of Oct. 6, the Twitter page now reflects the Ergo Platform, a proof-of-work (PoW) blockchain capable of facilitating smart contracts, similar to Ethereum, with links to Cardano. In a lengthy thread pinned …

Cardano's (ADA) long-awaited Vasil update went live on Sep. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market. Sell-the-news hampers Cardano ADA's price has dropped by approximately 9.5% since the update and was changing hands for $0.43 on Sep. 26. The ADA/USD pair's drop was accompanied by a rejection candlestick on its daily price chart, confirmed by a brief rally to $0.48 on the day of the fork and a sharp correction thereafter. ADA bulls' muted reaction to the successful Vasil update is similar …

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum blockchain, got into a war of words with Ethereum developers on the implementation of proof-of-stake (PoS) consensus via Merge. On Sunday, Web3 investor Evan Van Ness shared an unpopular opinion claiming that the Ethereum Merge could have been shipped earlier. Vitalik Buterin, the co-founder of Ethereum, agreed to Van Ness’s comments and said they should have implemented NXT-like chain-based PoS. Hoskinson joined in the conversation claiming the Ethereum developers should have implemented snow white protocol instead to ensure a faster migration to proof-of-stake (PoS) consensus. You should have just implemented …

Cardano (ADA) will undergo a major network update called "Vasil" on Sept. 22, potentially making its blockchain more scalable and cheaper. Nonetheless, the news has failed to spark any decisive upside momentum in ADA's market. Macro factors weigh on ADA's best upside scenario In detail, ADA's price has risen approximately 3.5% to $0.51 since the Vasil launch announcement, including a circa 14% rally followed by its near-perfect wipeout. In other words, traders initially bought the Vasil hype but were quick to exit markets, as illustrated by the price action below. Cardano Founder Charles Hoskinson blamed "macro factors" for ADA's underperformance …

Cardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, to the release of its first lending and borrowing protocol, Aada Finance. Additionally, Cardano developer IOHK stated that they are close to clinching "three critical mass indicators" that would lead to the launch of their long-awaited Vasil hard fork in September. Vasil aims to improve Cardano's scalability and transaction throughput through pipelining. The upgrade could also improve the decentralized application (DApp) and smart contract capabilities by changing the Plutus script, a programming language used for smart contracts …

The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector. Tim Harrison, vice president of community and ecosystem at Input Output Global (IOG) — the developer arm behind the Cardano blockchain — told Cointelegraph that during the past year, the blockchain ecosystem has …

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, there were some major developments in the run-up to the upcoming Ethereum Merge slated for Sept. 15. Bitfinex became the latest crypto exchange to throw its support behind the chain split token. While DeFi bridge hacks have become a norm this year, developers behind Rainbow Bridge managed to foil an exploit attempt within seconds, leading to the hacker losing their safety deposit. The Tornado Cash developer who was arrested last week …

Input Output Hong Kong (IOHK), the blockchain company behind the Cardano network says the much anticipated Vasil hard fork is “ever closer” after revealing the state of three critical indicators that will trigger the mainnet update. In a Twitter thread posted on Aug. 25, IOHK shared its latest “rollout status” of the Vasil upgrade to its 265,800 followers, with updates on “three critical mass indicators” which will determine when the mainnet update will go ahead. This includes having 75% of mainnet blocks produced by nodes running 1.35.3, around 25 exchanges upgraded (representing 80% of liquidity) as well as the top …

Cardano co-founder Charles Hoskinson has told Congress it should make regulations for crypto but leave compliance up to the software developers. Hoskinson likened the ideal arrangement for crypto regulation to the way banking self-regulation works during a Thursday congressional hearing, telling legislators, “it’s not the SEC or the CFTC going out there doing KYC-AML, it’s banks:” “It’s a public-private partnership. What needs to be done is to establish those boundaries, then what we can do as innovators is write software to help make that happen.” The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) …

Input Output Hong Kong (IOHK), the blockchain engineering firm behind the Cardano network, has released some “disappointing news,” announcing a one-month delay to the long-awaited Vasil upgrade. The Vasil upgrade is set to provide a “massive performance improvement to Cardano” and its smart contract capabilities, according to Cardano co-founder Charles Hoskinson. It was previously slated to go through on June 29. However, the latest estimate is now set for the last week of July. IOHK’s head of delivery and project Nigel Hemsley noted in a Monday blog post that the core Input Output Global (IOG) team working on the upgrade …