Ahead of Cardano’s hardfork, new on-chain developments say this about its future…
ambcrypto.comToday, Cardano leads the pack in gains amongst the top ten crypto assets by market cap. The Cardano community has extended their unfazed support for the protocol. One highly popular, pseudonymous Cardano whale published a Twitter thread for potential investors who weren’t sure about Cardano.
Fair to say this got the community excited about Cardano’s long-term prospects.
<p lang=«en» dir=«ltr» xml:lang=«en»>3/Why was Cardano “slow to market”? It wasn’tMany others are BFT (Tendermint etc) while in Cardano a novel Nakamoto consensus L1 PoS was coded from ground up by cryptographers & academics
There are security, decentralisation and scalability implications you should understand pic.twitter.com/rHAG6315ue
— ADA whale (@cardano_whale) March 15, 2022
ADA recorded a fresh 4% surge as it traded shy of the $1 mark.
Cardano saw an impressive run in 2021-22 in terms of staking.
23 new Cardano ($ADA) poolsstaked about 1.5 billion ADA ($1.4 B) in the last 24 hours. This increased the cryptocurrency’s total supply staked to around 74%. Cardano staking pool analytics platform (pool.pm), in a series of tweets on 22 March, highlighted this development.
<p lang=«en» dir=«ltr» xml:lang=«en»>23 new #Cardano pools with more than 62M₳ stake each have been created during the last 12 hours, increasing by about 1.5 billion $ADA the total staked, now close to 74%.See the last whale delegations here:https://t.co/XiAOim2GO4
Pools names seem based on famous scientists. pic.twitter.com/U9S5saqSEq
— pool.pm (@pool_pm) March 22, 2022
The tweet added that each staking pool possessed more than 60 million Cardano staked, had over 5% margin, 0₳ pledge, and usually two whale sharks with more than 30 million staked. Such a large amount potentially indicated an
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