A type of scam or fraudulent activity that occurs in decentralized finance (DeFi) protocols, particularly in yield farming and liquidity pools. In this scam, the creators or developers of a DeFi project manipulate the system in a way that causes investors or users to suffer significant financial losses.
CORE TECHNOLOGY
This week, the core technology teams worked on the upcoming node v.8.1.0, which will introduce more Conway era support, epoch boundary optimizations, and new network packages, among other improvements.
The ledger team made progress on the Conway ledger era, designing and working on implementing new certificates, and refactoring some of the ...
Background
Stablecoins have become an essential element of cryptocurrencies. Unlike traditional cryptocurrencies, stablecoins are designed to maintain a stable value against another specific asset or basket of assets, such as the US dollar or a commodity like gold. This stability makes them an ideal tool for use in decentralized finance (DeFi) applications....
The act of spending the same coin/token more than once. It is a potential issue in decentralized digital payment systems where transactions are recorded on a blockchain or a similar distributed ledger.
On the Cardano blockchain, double spending cannot occur due to the Extended UTXO accounting model.
an individual or entity that delegates their stake or voting power to a stake pool operator (SPO). SPOs are selected based on the amount of ada they hold or "stake" in the network.
By delegating their stake, delegators entrust the SPO with the responsibility of securing the network and validating transactions. In return, delegators can receive a portion of ...
DAO stands for decentralized autonomous organization. It refers to an organization that operates through smart contracts on a blockchain network. A DAO is designed to be autonomous, meaning it operates without the need for centralized control or intermediaries.
What is Cardano?
The Cardano universe is expanding with the arrival of a broad range of decentralized applications and exchanges. From games to decentralized finance (DeFi), Cardano covers the whole gamut of blockchain-based versatility.
As Cardano grows, so does its reach, its community, value, and adoption. This paper reflects all that Cardano is, what i...
New to Cardano? No worries, here’s a list of essentials to get you started
Disclaimer: Nothing in this article is intended to be professional advice, including without limitation, financial, investment, legal or tax advice. IO Global is not responsible for your use of or reliance on any information in this article.
Blockchain is one of the most influential...
Author: Tim Harrison - VP Community & Ecosystem
Last updated: 16th September 2022
Summary:
Increased functionality, performance & scalability; find out what the Vasil upgrade will bring to Cardano.
Article:
We’re now a little under one week away from the deployment of the Vasil upgrade, which significantly improves and enhances Cardano's capabilities. N...
Taking a closer look at IOG research, part 4. How layer 1 and layer 2 solutions create a faster and more resilient blockchain
Before you start, read:
Part 1: Cardano's foundational research
overview
Part 2: Overview of the research enabling smart contract support on
Cardano
Part 3: Research overview: tokens, stablecoins, and
fees
Previous blog posts del...
CORE TECHNOLOGY
The node, ledger, and consensus teams worked on the upcoming release of node v.1.35.2. This version will bring improvements and bug fixes found in the previous node versions during Vasil testing.
The teams continue testing Vasil functionality, working closely with DApps and projects building on Cardano. The Plutus V2 cost model was tempora...
The EUTXO Handbook
There currently are two major accounting ledgers in the blockchain space: UTXO-based blockchains (Bitcoin, for instance), and Account/Balance chains (Ethereum and others).
Cardano combines Bitcoin’s unspent transaction output (UTXO) model with the ability to handle smart contracts into an Extended Unspent Transaction Output (EUTXO) accou...