* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, August 26, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Cardano Founder Celebrates Blockchain’s Cost-Effectiveness

April 20, 2024
in Technology
Cardano Founder Celebrates Blockchain’s Cost-Effectiveness
Share on FacebookShare on Twitter

The founder of Cardano, Charles Hoskinson, has praised blockchain’s performance, especially its cost-effectiveness. 

The applause came following Cardano’s completion of a block transaction for 1,600 recipients at a cumulative fee of just $2.38. This feat demonstrates Cardano’s prowess in cost reduction, presenting it as a highly scalable network.

Highlights of Cardano’s Beauty in Cost-Effectiveness

In a post on April 17, the GPU highlighted what it tagged “The Beauty of Cardano.” According to Medium, Cardano processed eight transactions for 1,600 recipients in a single block on the network. The GPU noted that the total cost of the transactions amounted to 5.16 ADA, worth $2.38.

Dedium’s post revealed the blockchain’s ability to handle large volumes of transactions at a reduced cost. A deeper scrutiny revealed the block was created two months ago and stands out in terms of its processing speed, size, and low commission. 

Notably, the eight transactions that constitute the block cost 0.64 ADA each, for a total of 5.16 ADA worth $2.38. 

The block in question contained 800 ADA transfers worth $422.76 and 800 MYUSD. Cardano charging only $2.38 for such a large transaction indicates an improvement.

Cardano has recorded an upgrade in its transaction output, which spiked its technical performance. This overall implication brought a drastic drop in its cost, drawing the attention of many within the crypto community.

The beauty of Cardano
1 block
8 TX
1600 unique recipients
Total Fees ……. 5.16 ADA or 2.38$ pic.twitter.com/yH5gxKrOQL

— Dedium | GPU Computing Network on Cardano (@DediumNetwork) April 17, 2024

In response, Hoskinson, the brain behind the blockchain, applauded Cardano for this exceptional performance. Though not much, he appreciated the progress, tagging it as “honest work.”

https://t.co/cIQdKSxWY5 pic.twitter.com/rWbGvOGh6R

— Charles Hoskinson (@IOHK_Charles) April 17, 2024

Cardano Upgrade Supports Its Route to Success

Cardano has proven its stance in the industry with outstanding achievements using its Extended Unspent Transaction Output (EUTXO) model. The innovative design contributes to its technical prowess.

Also, the edge-cutting model remains a robust pedestal for Cardano’s rising. It aids the blockchain’s complex logic in processing transactions and maintains its efficiency and finality.

Moreover, Cardano has completed its Alonzo upgrade, which laid out support smart contracts and for multi-asset. 

Hoskinson’s recent reaction regarding Cardano’s cost-effectiveness and performance underscores the network’s remarkable advancements. The blockchain has ramped up efforts to extend its boundaries within the industry.

Through its innovative approach and upgrades, Cardano has resolved some scalability challenges applicable to blockchain networks like Ethereum. 

A recent post from the Cardano Foundation indicated that Cardano bagged the winner of the best layer one solution in 2024. This marks another great feat for the network and its large community in the decentralized finance space.

Amid the several reactions to Cardano’s recent cost reduction, a prominent ADA community member, @EdnStuff, gave a striking post. He noted that the network’s progressive success reflects the ability to “work smarter, not harder.“

Meanwhile, ADA trades at $0.4624, following a surge of 3.94% over the past 24 hours. With a market cap of $16.47 billion.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/cardano-founder-celebrates-blockchains-cost-effectiveness/

Tags: CardanoFoundertechnology
Previous Post

New Meme Coin on BASE Blockchain Has the Potential to Make Millionaires

Next Post

Crypto analyst Predicts Bitcoin Consolidation and Identifies Altcoin Bottom

STEM camps offered at National Museum of Nuclear Science and History – KRQE

STEM camps offered at National Museum of Nuclear Science and History – KRQE

August 26, 2025
7 things people do when they care too much about what others think – VegOut

7 Signs You’re Caring Too Much About What Others Think

August 26, 2025
The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

How AI and Technology Are Transforming the Future of Interactive Entertainment

August 26, 2025
First look: ‘Whistle Blowers’ doc focuses on the crisis facing youth sports officials – NBC 5 Dallas-Fort Worth

Inside the Crisis Facing Youth Sports Officials: An Eye-Opening Look at ‘Whistle Blowers

August 26, 2025
South Carolina city selected to host 2027 Diamond Youth Baseball World Series – WRDW

South Carolina City Selected to Host the Exciting 2027 Diamond Youth Baseball World Series

August 25, 2025

Brazil’s low-voltage consumers could save 16% on power bills – Valor International

August 25, 2025
‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

August 25, 2025
Georgia lawmakers plan for federal cuts to already ‘underfunded’ public health services – Grice Connect

Georgia Lawmakers Prepare to Fight Federal Cuts Threatening Public Health Services

August 25, 2025
Poverty and Policy, Not Politics, Drive Crime in American Cities | Opinion – Newsweek

How Poverty and Policy Drive Crime in American Cities-Beyond Politics

August 25, 2025
Pressured researchers in ecology and conservation demand support to guarantee fair interactions with stakeholders – ScienceDirect.com

Pressured researchers in ecology and conservation demand support to guarantee fair interactions with stakeholders – ScienceDirect.com

August 25, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (789)
  • Economy (809)
  • Entertainment (21,689)
  • General (16,671)
  • Health (9,850)
  • Lifestyle (823)
  • News (22,149)
  • People (810)
  • Politics (818)
  • Science (16,020)
  • Sports (21,309)
  • Technology (15,791)
  • World (791)

Recent News

STEM camps offered at National Museum of Nuclear Science and History – KRQE

STEM camps offered at National Museum of Nuclear Science and History – KRQE

August 26, 2025
7 things people do when they care too much about what others think – VegOut

7 Signs You’re Caring Too Much About What Others Think

August 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version