Thursday, May 6, 2021

Ratings: No Other Crypto Marshals the Same Level of Brain Power as Cardano (ADA)

Weiss Crypto Ratings, the leading provider of independent, unbiased, trusted ratings of Stocks, Mutual Funds, Cryptocurrencies, ETFs, and Financial Institutions, has recently released its rating regarding Cardano (ADA) advancement among other cryptocurrency projects.

In one of its recent rating tweets, the crypto rater pointed out that no other crypto project is at the same level as Cardano (ADA) when it comes to marshaling brainpower.

The crypto rater averred that Cardano is now featured among its list of cryptocurrencies with the highest technology scores.

“No other crypto we know of comes close to marshaling the same level of brain power as Cardano. And this is reflected in one of the highest Technology scores of all the cryptos we rate,” Weiss Crypto ratings shared.

IOHK Announces Reboot of Cardano Blockchain

According to a release, IOHK has announced a reboot of Cardano blockchain. The update is described as a transition from the “Byron-era codebase” to the “Shelley era”.

IOHK says the new iteration of Cardano node will be released on 31st March 2020. According to the report, the entire codebase has been re-written in the Haskell programming language.

The latest release expected to greatly improve the performance of Cardano network. Through the reboot, there will be changes to Cardano node, Cardano explorer, the wallet backend, and the Daedalus wallet.

Read IOHK’s explanation below:

“Work has also been underway to improve the Cardano explorer, the wallet backend, and Daedalus itself. The new explorer has been redesigned to make it easier to use, as well as having an updated visual design and more information available.

The improved wallet backend and associated services, collectively known as Adrestia, will allow exchanges and third-party developers to engage with the Cardano network using a collection of independent, self-contained libraries.

The newly extended APIs have been explicitly designed to meet the needs of larger exchanges, enabling ADA to be supported on even more platforms.  A new and improved Daedalus release will see support for the Yoroi wallet, transaction filtering, parallel wallet restoration – as well as some significant performance improvements.”

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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