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Cardano Ecosystem

    @genius-academy

    Genius Academy |

Educational platform by Genius Yield, a protocol on Cardano, that teaches DeFi concepts through simple-to-understand articles.

https://academy.geniusyield.co/

Data providers available on Atlas: Maestro
Genius Academy
Data providers available on Atlas: Maestro

As mentioned in the previous article, in order to build a transaction on Atlas you will need access to live blockchain data. For this reason, Atlas must be configured with a data provider to interface with Cardano.

05/08/2023

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427 views

What is Web3?
What is Web3?

The term "Web3" was originally coined in 2014 by Gavin Wood, known as founder of Polkadot and co-founder of Ethereum, who referred to Web3 as a "decentralized online ecosystem based on blockchain".

03/24/2023

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876 views

The Future of Digital Wallets: How NFTs and Tokenization Can Eliminate the Need for Credit Cards and Prevent Identity Theft
The Future of Digital Wallets: How NFTs and Tokenization Can Eliminate the Need for Credit Cards and Prevent Identity Theft

Non-Fungible Tokens (NFTs) have been making headlines in recent months as a revolutionary new way to own and trade digital assets. But what exactly are NFTs, and how do they relate to the concept of tokenization? In this article, we'll explore how NFTs, and tokenization can be used to eliminate the need for credit cards and prevent identity theft in the digital world.

03/02/2023

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939 views

Cardano sidechains explained: Midnight
Cardano sidechains explained: Midnight

In November 2022, Input Output Global (IOG) announced Midnight, a data protection-based sidechain solution for Cardano. One of the key features of Cardano's architecture is the ability to deploy sidechains, which are essentially separate blockchains that can interact with the main Cardano chain. In this article, we will explore Midnight and understand what the benefits for users and developers will be.

02/23/2023

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951 views

Why Cardano is Attractive for Decentralized Exchanges & DeFi Solutions
Why Cardano is Attractive for Decentralized Exchanges & DeFi Solutions

In 2014, Mt Gox Exchange almost buried Bitcoin and the entire cryptocurrency industry when a devastating hack saw the loss of $400 million worth of digital assets. At that time, the cryptocurrency exchange commanded over 80 percent of BTC trading volumes. It shook the crypto world to its core, sending long-lasting reverberations. Many subsequent exchanges would learn from the exchange’s lessons even though some hacks like CoinCheck came later. This latter event took place in January 2018, with over $510 million of users’ hard-earned funds being lost.

01/12/2023

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1.1K views

What is Cardano?
What is Cardano?

Cardano is a decentralized public blockchain platform that facilitates peer-to-peer transactions through its native cryptocurrency, ADA. By market capitalization, Cardano is one of the biggest cryptocurrencies in the world. Today, it is one of the fastest growing ecosystems with over 3.3 million wallet addresses, hundreds of dApps being developed, and billions of dollars in transactions each week.

01/11/2023

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1.1K views

Understanding Proof of Stake Methodology
Understanding Proof of Stake Methodology

Blockchain technologies are decentralized ecosystems managed by consensus mechanisms where the majority of parties (i.e., more than 50%) eventually agrees to the same reality. Consensus is a mechanism that helps a distributed network establish agreement on the validity of some shared data. Blockchain transactions are confirmed by employing a consensus mechanism among the various nodes in the network.

01/09/2023

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1.1K views

Phases of Cardano Technology
Phases of Cardano Technology

Cardano’s development has been organized into five phases: Byron, Shelley, Goguen, Basho, and Voltaire. Each phase is centered around a set of functionalities delivered during its duration.

12/20/2022

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1.6K views

Learning the Fundamentals of Cardano
Learning the Fundamentals of Cardano

Cardano is a 3rd generation blockchain platform which is more scalable and energy efficient by design compared to previous generations of blockchain like Bitcoin and Ethereum. The native currency of the Cardano ecosystem is called ADA, named after Ada Lovelace, the 19th-century mathematician often referred to as the “world’s first computer programmer”, and is the daughter of the poet Lord Byron.

12/19/2022

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3.7K views

How are Cardano Blockchain Transactions Completed
How are Cardano Blockchain Transactions Completed

You might already know that the Cardano blockchain can be used to transfer ADA or other native tokens, mint or burn tokens, execute smart contracts etc. in the process of the transaction. So in common terms, a transaction is an exchange of value among some parties and optionally executes programmed logic called smart contracts. With this picture in the backdrop, let us go a level deeper to break down how transactions are completed on the Cardano Blockchain.

12/18/2022

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1.2K views

Exploring Cardano Layer-2 Scaling Solutions: Sidechains, Hydra, Mithril, and Off-chain Computing
Exploring Cardano Layer-2 Scaling Solutions: Sidechains, Hydra, Mithril, and Off-chain Computing

Cardano is a modern blockchain created to delicately balance security, decentralization, and scalability. Scalability is a public blockchain’s ability to process many transactions without affecting performance. With enhanced scalability, the network can also transmit more data and handle more intensive operations like high definition blockchain video gaming, enhancing user experience.

12/16/2022

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1.3K views

Details of the Vasil Hard Fork Combinator (HFC): What You Should Know
Details of the Vasil Hard Fork Combinator (HFC): What You Should Know

When IOHK began working on Cardano in 2015, their overarching objective was to launch a superior blockchain platform that was scalable, sustainable, and capable of hosting high-demand decentralized applications (dApps). A lot of progress has been made over the past few years. Currently, IOHK is optimizing the network, enhancing scalability for real-world trustless dApps to function seamlessly in a high-performance environment.

12/15/2022

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1.2K views

Cardano Stake Pools Explained
Cardano Stake Pools Explained

Cardano stake pools are block-producing server nodes that reliably hold the combined stake of various stakeholders in a single entity (Cardano stake pools literally pool the stake that has been delegated to them). Cardano stake pools take care of producing new blocks and processing transactions acting as the core of the Cardano proof-of-stake protocol called Ouroboros.

12/14/2022

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1.2K views

Understanding Crypto Launchpads
Understanding Crypto Launchpads

Whether you look forward to funding your project at an early stage or invest in the project before it becomes a mainstream one, crypto launchpads are a great place to look. They allow founders to get access to the funding in a secure and decentralized way.

11/02/2022

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2.2K views

Genius Yields DEX Launched!

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