ADALend Makes It On \u201cThe Essential Cardano List\u201d By IOHK<\/a><\/strong><\/em><\/p>\nOn the decentralization side, Hammond talks about the network\u2019s plans to further decentralize the blockchain. The software engineer didn\u2019t give many details on this, but this will likely be a situation where Cardano puts the community more in control of what happens on the network. The revelations from Hammond are evidence of the fact that IOHK is continuing its work to make the blockchain the best it can be.<\/p>\n
Featured image from Bitcoin News, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"Cardano successfully deployed the Alonzo Hard Fork Combinator over a month ago, which has no doubt been one of the most important upgrades to happen on the network Alonzo HFC brought with it smart contracts capability on the network and with this came decentralized finance (DeFi) services to the ecosystem. Developers could now develop and deploy decentralized applications (DApps) on the Cardano blockchain. This provided a boost for the network and Cardano continues to work with developers to get their DApps deployed on the blockchain. After this milestone, a question on the minds of supporters has been, \u2018What\u2019s next?\u2019 With the Alonzo HFC operating as intended, the developers behind the blockchain can now move to the next phase. This phase is referred to as the Babbage era. Related Reading |\u00a0Cardano Loses 3rd Spot On Crypto Top 10, Why It May Drop Even More The Next Big Step Kevin Hammond, software engineer at Input Output gave an update on what the developer was working on next. Hammond revealed that IOHK was moving into what they referred to as the Babbage era. This phase which is named after Charles Babbage, the mathematician credited as \u201cthe father of the computer\u201d, is meant to smooth out any wrinkles that may be leftover after Alonzo. ADA price at $2.32 | Source: ADAUSD on TradingView.com IOHK will roll out various performance improvements on the blockchain in this phase. These, Hammond said, are improvements which the developer had been working on for some time but had not yet launched. The developer intends to improve the sinking speed, and in addition, will address performance issues that operators have pointed out since the Alonzo HFC has been in operation. This part is important in ensuring that users of the network have a smooth experience when carrying out activities on Cardano. Realizing The Best Of Cardano The Plutus Language on the Cardano network is also getting an upgrade. Hammond revealed that the developer was planning on improving the language by introducing a new Plutus Language version on the blockchain. The Plutus script-specific aspects of the network will be improved to allow for a faster and increased volume of transactions in each block. This new Plutus version will feature additional features which were created due to demand from the user base. Since the network has seen increased activity from the developer-side, it has also come with various requests on the things that they would like to see the network do. Related Reading |\u00a0ADALend Makes It On \u201cThe Essential Cardano List\u201d By IOHK On the decentralization side, Hammond talks about the network\u2019s plans to further decentralize the blockchain. The software engineer didn\u2019t give many details on this, but this will likely be a situation where Cardano puts the community more in control of what happens on the network. The revelations from Hammond are evidence of the fact that IOHK is continuing its work to make the blockchain the best it can be. Featured image from Bitcoin News, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":474336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,84514,84515,12332,84370,84164],"class_list":["post-474331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-alonzo-hfc","tag-babbage-era","tag-cardano","tag-cardano-blockchain","tag-cardano-network"],"acf":[],"yoast_head":"\n
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This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/ktsl888.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano Set To Enter The Babbage Era After Alonzo HFC Milestone","url":"http:\/\/ktsl888.com\/news\/cardano\/cardano-enter-babbage-era\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/cardano-enter-babbage-era\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/10\/cardano-3.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/10\/cardano-3.jpeg?fit=1280%2C720"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","alonzo hfc","babbage era","cardano","cardano blockchain","cardano network"],"dateCreated":"2021-10-21T23:00:02Z","datePublished":"2021-10-21T23:00:02Z","dateModified":"2021-10-21T23:00:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano Set To Enter The Babbage Era After Alonzo HFC Milestone\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-enter-babbage-era\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-enter-babbage-era\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/cardano-3.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/cardano-3.jpeg?fit=1280%2C720\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"alonzo hfc\",\"babbage era\",\"cardano\",\"cardano blockchain\",\"cardano network\"],\"dateCreated\":\"2021-10-21T23:00:02Z\",\"datePublished\":\"2021-10-21T23:00:02Z\",\"dateModified\":\"2021-10-21T23:00:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/10\/cardano-3.jpeg?fit=1280%2C720","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/474331"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=474331"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/474331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/474336"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=474331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=474331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=474331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}