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Cardano claims that it overcomes problems found in other cryptocurrencies, mainly that Bitcoin is too slow and inflexible and that Ethereum is not safe or scalable. [22] Like Bitcoin, Cardano uses a UTXO ledger model, though it is an extended version (EUTXO) [23] [24] to facilitate smart contracts and scripting languages. [25]
IOHK's key project is Cardano, a public blockchain and smart contract platform that hosts the ADA cryptocurrency. [8] [11] Hoskinson did not pursue venture capital for Cardano, saying that it ran counter to the blockchain's principles. [12] Hoskinson has also said that venture capital involvement might lead to an outsized control of a project. [13]
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NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal ...
Ouroboros BFT was an interim version used in 2020 to enable the switch between the Classic and Praos versions of Cardano using a hard fork combinator [7] that preserved the blockchain history; [8] [non-primary source needed] [9] Ouroboros Praos (2017) [10] provided security against fully-adaptive corruption in the semi-synchronous model. At ...
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The U.S. Commerce Department is looking into whether DeepSeek - the Chinese company whose AI model's performance rocked the tech world - has been using U.S. chips that are not allowed to be ...