Menu for Cardano Clean Water Stake Pool

6/2/21

𝗖𝗮𝗿𝗱𝗮𝗻𝗼 𝗕𝗿𝗶𝗱𝗴𝗲𝘀 𝘁𝗵𝗲 𝗚𝗮𝗽 𝘁𝗼 𝗖𝗵𝗶𝗻𝗮, 𝗧𝗲𝗮𝗺𝘀 𝗨𝗽 𝘄/𝗡𝗲𝗿𝘃𝗼𝘀 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻

Nervos & Cardano Cross-Chain Bridge to Cardano

Nervos blockchain announces their latest project with IOHK, the developers of the Cardano blockchain, a cross-chain bridge connecting the Cardano and Nervos networks. Once completed, it will be Cardano’s first cross-chain bridge, potentially unlocking access to billions of dollars in completed transactions and further propelling Nervos and Cardano’s shared vision for blockchain interoperability.
 
 
The bridge will allow users to use Nervos and Cardano’s native currencies ($CKB and $ADA, respectively) interchangeably, as well as create their own tokens (user-defined tokens) across both blockchains. On both Layers 1 and 2 of the Nervos network, wrapped $ADA tokens will be available for use across the chain’s rapidly expanding suite of DeFi applications. Additionally, the bridge will enable developers from both chains to access services and features to expand their dApps and user bases.
 
The 1st bridge outside of Ethereum to connect with the Nervos ecosystem, its completion will mark an important milestone for Nervos as it builds solutions to support multi-chain applications by connecting with other chains, including Cardano, who shares Nervos’ vision for a truly interoperable blockchain ecosystem and provides a faster, cheaper chain alternative as Ethereum gas fees continue to be a problem for users.
 

 

Other Cardano/ADA Related News

5 Stars - Charles Hoskinson: Thoughts on the Market and the Ecosystem

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- Cardano: What is This Green Crypto & How Does it Work
 
Visit: https://www.scotsman.com/lifestyle/money/cardano-what-is-the-green-crypto-how-does-it-work-share-price-and-can-it-rival-bitcoin-and-ethereum-3251017

 
The Cardano Team
3 Entities supporting the Cardano Blockchain/ADA cryptocurrency are Input Output, Emurgo and the Cardano Foundation.
 Cardano Blockchain 3.0 | ADA Cryptocurrency

The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol.
  
Input|Output is the engineering firm developing the Cardano platform, which has more advanced features of any protocol to date, and is the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers, drawn from around the globe, began by deconstructing the concept of a cryptocurrency and incorporating a ground-breaking Proof of Stake Algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer-reviewed, academic research to build Cardano from the ground up.
  
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain. EMURGO develops enterprise-grade applications, builds developer tools, invests in startups, and provides blockchain education; the company has offices and manages projects in Singapore, Japan, the USA, India, and Indonesia.