Cardano outperforms EOS, Tezos, and Chainlink, up 70% in price
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Answer Cardano outperforms EOS, Tezos, and Chainlink, up 70% in price
The Cardano has risen in price in the last 30 days by 72.75%, and its price at the time of writing this article has reached $0.087.
As a result, the coin was able to return to the list of the top 10 coins on coinmarketcap in terms of total market capitalization, as its total market capitalization rose to $2.27 billion and surpassed EOS, Tezos and Chainlink, after which EOS returned to ninth place and Cardano in tenth place.
For one of the most important reasons for the rise of the Cardano currency, it is due to the early launch of the “Shelly” update, which is expected on July 29, where the entire Cardano developer community is working to do so.
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The first staking rewards in the Chile mainnet are expected to be available as of August 18, 2020.
In a new update, informed IOHK, which is behind the Cardano project, says preparations are going well so far.
Run preparations successfully and update the new cardano node:
On June 9, as part of the public phase of the SPO, more Stake Pool players will be added to the Friends and Family list to try out the new update.
So far there are a total of 50 Stake Pool operators that are active and they ensure the smooth running of 81 Stake Pools.
Further progress has also been made in the area of nodes, as a few hours ago the Cardano Node 1.13.0 update was released, which will serve as the standard node for the public test network.
The report says:
We had some issues with manual rotation of KES this week, but we are now implementing a fix that should address this from now on.
In total, there were 18 bugs and 16 feature reports of the Friends and Family Network development work.
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8 bugs and 4 FRs have already been successfully fixed, other bugs are being worked on at full speed.
Schedule the Cardano Virtual Summit:
Mr. Charles Hoskinson announced a few hours ago that the Cardano Virtual Summit will take place on 2 and 03 July 2020.
He will be among others attending the event, and notable speakers include Stephen Wolfram and Fenton J. Serv”.
There is a limited number of seats available to attend this event, so it is necessary to book in advance and if you are interested, you can book from over here.
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We live for the top.
– Charles Hoskinson (@IOHK_Charles) June 5, 2020
Read also:
The launch of Ethereum 2.0 could be a threat to the Cardano project
The founder of Cardano announces the official launch date of the “Chile” update
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