Blockchain
By Ayobami Abiola
1 / 10
Recent congestion in the Ethereum blockchain which led to the huge rise in the transaction fee has forced the hands of decentralized applications, protocols, and platforms to…
2 / 10
Cardano itself must have long foreseen what is presently happening as it has scheduled support for smart contracts before the congestion started.
3 / 10
Ethereum was successful experimentation that added a smart contract layer to the Bitcoin model of peer-to-peer transactions.
4 / 10
As the tradition of Cardano developers has been, the research teams have worked and published materials to showcase the various features and updates.
5 / 10
Part of these updates is Goguen which will bring smart contract features to the Cardano blockchain. The update is set to roll out towards the end of this year.
6 / 10
According to a recent blog post from Cardano Foundation explaining tokenization, the arrival of Goguen will enable Cardano to power potentially, thousands of smart contracts, and…
7 / 10
The community members are anticipating this update. There is surely going to be a paradigm shift after the update.
8 / 10
While explaining what Cardano has done to mitigate scalability issues of the blockchain, Charles Hoskinson revealed that they have found a way around bandwidth challenges-…
9 / 10
The core details (data) of a contract may not be useful to third parties, only the fact that tokens have been transferred and the receiver is a legitimate owner.
10 / 10
Cardano has prepared grounds to seamlessly service a huge number of users, Goguen is part of this plan.
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