Altcoins News

Story: AdaPay payment gateway from Cardano and COTI is now Live for Real-Time Use

By Steven Anderson

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Cardano Foundation, in collaboration with COTI, have released AdaPay, a payment solution that allows merchants to accept ADA and to receive fiat money on their bank accounts.

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The procedure for making the payment using AdaPay is well explained in a video released by the foundation.

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There has been a lot of hype around the balance check, the upcoming snapshot, and the release of the test net.

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The Shelly era is all set to start.  The Shelly test net is provisionally set to be available for December 09, 2019.

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IOHK is currently building the Cardano, and they will be taking a snapshot of the current blockchain on November 29, 2019.

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The incentivized Shelly Testnet will allow the holders to earn real ADA, which is the native currency of Cardano. The process of holding Cardano is known as staking.

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The staking process affects the Proof-of-Stake Protocol as there is an Ouroboros protocol that will choose the lucky punter.

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When compared to the top 20 tokens, the Cardano might start with a correction from a recent high.

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