Cardano Foundation states that Blockchain has come of age. And, therefore, they are announcing a very special event known as Cardano Africa. The event is scheduled for April 29, 2021. The partners organizing this event are Cardano Foundation, IOHK, EMURGO, Atala PRISM, and Cardano.org. The event is open for registration.
Cardano blockchain is the cryptocurrency project based on the Haskell coding language, which is highly secure. The entire project is based on peer-reviewed research. Cardano is created by a team of innovators and visionaries who are focusing on bringing about a positive global change. It is important to note that Cardano has surged more than 650% since the beginning of 2021.
ADA is slowly taking major parts in the market share. There is not of work happening in Cardano. The next hard fork is known as Alonzo.
Factoid Friday points to how this hard fork is named after Alonzo Church. They have named it after Alonzo Church because he was the inventor of calculus and also a major influence on functional programming.
Further, the Cardano Token Registry for On-Chain identifiers was introduced. The Mary hard fork introduced the ability to create native tokens on the blockchain. The Shelley hard fork led to rapid proliferation of stake pools. The community quickly took to native tokens and there are more than 600 tokens on the Cardano mainnet. The testnet environment has more than 1,500 tokens on the blockchain.
However, with so much power to mint tokens there need to be a support system to ensure the orderly growth of the ecosystem. To make this possible, Cardano Registry has been introduced. This registry is a trusted and curated collection of on-chain identifiers for all the tokens which are written and deployed on the Cardano blockchain.
Those who want to know more in detail about the Cardano Registry should verify the Cardano forum publication on it.
Long story made short: The Cardano Registry is a centrally-managed register which consists of the Cardano native token data and information. The Registry works as a truth source and potentially it is a place where the details of ‘on-chain identifiers’ are located.
These On Chain identifiers consist of public keys, hashes, token addresses, minting policies, and more.
The Registry will help map these identifiers to human-readable attributes. In simple words, the details of the native tokens can be seen through the registry in a format which will make sense to a non-developer. This will include a token’s name, a short description of function, an asset name, and a minting policy ID.
The registry will be centrally accessible and details of all the minted tokens will be available. Thus, relevant data will be available to those who need it. And the true character of the native tokens can be understood.
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