Before we get into the meat of this topic, let’s take a tour from the beginning. Built on top of the Ethereum network, Cardano was founded by one of the original creators of Ethereum. Charles Hoskinson, founder of Cardano, left the mainstream currency to work on Cardano as one of the new up and coming DeFis.

DeFi is short for Decentralized Finance. What this basically means is that all interactions are peer-to-peer, operating in the absence of or without the need of any central hub. This allows everything to remain anonymous and secure. The idea with Cardano was that it would also be very forward-facing, to allow developers to be able to develop on it.

Sure enough, Cardano has actually been one of the top developed platforms of all crypto. And that’s the reason why it has catapulted up into the fourth position as one of the most traded cryptocurrencies right now.

Cardano provides a lot of the same functionalities as Ethereum but it successfully works and operates at only a fraction of the cost of Ethereum. Ada was designed from the very beginning to be green, where Ethereum has been trying to switch to be green for quite a long time now. Cardano is actually started from its foundation as a green crypto. But what does being a green crypto mean, though?

Instead of doing proof of work, which requires tons and tons of computation that leads to more and more energy consumption to be able to figure out the algorithms to build these complex hashes to mine cryptocurrencies, Cardano works through the proof of stake concept. This allows you to just verify the stake on the blockchain. And this is where a staking pool comes in, which is sort of like the mining servers.

So here, proof of stake requires a tremendously less amount of electricity. This ultimately means that we’re a lot less wasteful and a lot better for the environment. With these based principles of founding of Cardano, they’ve also been able to keep the prices really low on the crypto. This has made it so that the gas fees to be able to use things on the network are cheap.

One of the big struggles with Ethereum right now is that because of its network congestion, Ethereum costs a pretty great amount of time and price, making its transactions a lot timely and expensive. However, with Cardano, most of these transactions are much lighter — party because it’s proof of stake vs proof of work. Here are more reasons why Cardano is better than Ethereum!

medium.com

Moving on, one of the big things Cardano was lacking until just recently was the ability to do a smart contract. A smart contract can range into various different things from storing a string of “hello world” and all the way up to very complex transactional algorithms of smart contracts between multiple parties. Here’s more about Smart Contracts.

smartcontractsez.com

However, in early September 2021, Cardano released its Alonzo Fork. This, from then, allowed Cardano, or Ada, to be able to perform and execute smart contracts. Right now, these smart contracts still require a developer and they’re still very heavy to do. But at the end of the day, all it matters is having the ability for smart contract to ultimately happen.

Because of all these changes, and constant progression and development, Cardano has catapulted up to be the fourth largest cryptocurrency. While it’s fourth on the blockchain for transactions, Cardano is actually at the very top in the list of commits per million. So that ultimately is based on how many commits have come to its code repository.

This ultimately means how friendly it is for developers to work on. This is a huge advantage because when you’re a developer and you want to go use something, one of the first things you’ll look at is how frequently its get repository is committed to. This will tell you how active the project is.

Coming to an end, Cardano is still a very active project. In fact, it’s arguably the most active project in all of cryptocurrency! So it’s a fantastic thing to build on for the future. And I’m excited for the opportunities that we have to be able to build on this new, up and coming technology. Thank you for sticking with me to the very end. As always, make sure to keep your kids protected with CleanRouter and CleanPhone so that you have the ultimate parental controls with how your kids use their phone :)

If you’d like to learn more about the same, kindly check out this video:

Now we are at a good point to buy in again ;)

We have to much planned for the next Weeks and want you to be part of it/know about it.

You can find a lot of up to date Information under the Documentation Page : https://weedswap.gitbook.io/weedswap/

Just a small Step into the Roadmap( way more to be announced soon )

✅ TRENDING ON REDDIT/TELEGRAM

✅ WEBSITE AND TWITTER LAUNCH

✅ MORE DEVELOPERS HIRED

✅ FIXED LAST OVERLAY BUGS

✅ MOBILE & USER FRIENDLY WEBSITE

✅ DOCUMENTATION

Kassandra is a decentralized autonomous organization that governs a set of tokenized data-driven investment funds, bringing a new class of investment products to the DeFi ecosystem: actively managed investment baskets without compromising the pillars of decentralization. All investment products made available through the Kassandra Protocol are permissionless, non-custodial, and actively managed by a third party.

The Kassandra Protocol allows partnerships with quantitative investment funds, external data providers, and fund managers to create a diversified portfolio of investment products, all managed by the Kassandra DAO.

The Kassandra DAO is controlled by the holders of the $KACY governance token, which is used to vote on proposals for protocol updates, to manage the existing investment products, and to create new products with new management strategies.

As for traditional fund managers, the Kassandra DAO benefits directly and indirectly from the success of the investment products deployed through the Kassandra Protocol.

After successful testing of their demo (deployed on Fuji Test Network), Kassandra DAO is looking to close their private investment round before IDO on Penguin Finance planned in Januray 2022.

Please find more info on the project detail page.

2. If you have $SHN tokens on the Ethereum mainnet, please bridge to the Polygon network following the steps described in this article.

3. The rate is denominated in dollars, however, the funds will be raised in $MATIC (not $USDC). Please make sure to have enough $MATIC to participate.

4. All tiers will have access to the private sale at 3:00 pm UTC on Friday, Jan 14th, following the “first come first served” principle.

5. Since the $KACY token is not yet launched, ShineDAO will issue a $KACY snapshot token ($KSAT). Snapshot of the bought $KSAT tokens will be taken as soon as the sale is finished and forwarded to the Kassandra team who is going to stake/vest the amounts to addresses who participated in the Private Sale and distribute $KACY on AVAX mainnet. To mitigate the risk, there is a binding investment agreement between ShineDAO’s legal representative and Kassandra’s legal representative.

6. Please note that 10 $KSAT = 1 $KACY. This doesn’t affect the $KACY rate but is the hacky solution to increase the accuracy of snapshot taken after the private sale.

7. Private sale $KACY tokens will be, subject to 3 months locking period from TGE (token generation event) and released in linear vesting in the next 9 months.

8. TGE (token generation event) will happen at IDO planned in January 2022 (with a token price of $0.7 per $KACY — 43% higher than the private sale).

9. ShineDAO community is a group of ambitious contributors with different backgrounds, skill levels, and availability. We share a mission to found, support, and become early adopters of promising Web3 technology. Complete the onboarding to learn more about getting involved with our projects.

10. Website / Twitter / Discord

11.