Cardano Blockchain Chicago Virtual Meetup 2/25 Recap

Cardano 360 Monthly Update: New format – last Thursday of the month) Cardano360 - February 2021 - YouTube

Weekly Project Catalyst: https://www.youtube.com/watch?v=po4ufj2DiRc

Goguen Update

  • Phase 1 December – Metadata

  • Phase 2 March 1 (initiated Feb 24) – Native Asset and Multi-Assets Support

  • Update your wallet.

  • Phase 3 Q2 (April – June) – Plutus

Mary Hard Fork Combinator

  • product update fully automatically – Initiated Feb 24 and Launch March 1

  • Multi-asset support & Native token

  • Token Building

  • Native tokens differ from Ethereum - no smart contracts. Smart contracts are what make Ethereum very expensive.

  • Hold native tokens in the wallet

  • Tokens are under the same rules and security as ADA

  • SPO Minting native tokens

Daedalus

  • 3.3.1 wallet update

  • Daedalus Native token functionality – mid-March

Yoroi Wallet

  • 100,000 Active Users

  • Buy and sell in-app

Project Catalyst

Fund 3

  • Voter registration start have until March 3rd

  • $1 million in funding available to proposals

  • Over 20,000 members and voting

  • Voting available on Daedalus and Yoroi

  • The minimum amount of ADA to vote – 2500 ADA

  • Download Project catalyst app and link wallet ($70,000 in rewards)

  • 400k – developer experience to build apps and developer ecosystem.

  • 200K – how end users can benefit from the application

  • How to evolve project catalyst (processes). (self-healing loop)

  • Marking next funding rounds making users and developers aware of the catalyst

Fund 4

  • Start accepting proposals soon

  • Get involved now Entrepreneurs are welcome to make proposals. IdeaScale’s. Vote and comment on existing proposals.

Developer updates

  • Marlowe – financial agreements

  • Marlow playground 8.9k

  • Marlowe library – smart contract

  • Demos for building smart contract

  • Marlowe – User experience focus End use product -App to track smart contracts (prototype launch next month)

  • Glow – Programing language Dev Net available today

Partnerships

  • Celsius – crypto lending platform

  • ADA to land on Celsius soon

  • Lode Studio – Venture Studio “we what to be people go to build on Cardano” (Weapons grade infrastructure) – 100 research papers “can’t go wrong making sure things go right. Businesses are forming that are trusting Cardano’s infrasture outside of running stake pools.

  • NFT – “Proposal on catalyst” box car. Create infrastructure for NFT to build on Cardano

Africa

  • No Africa News but they are filming their special now to stay tuned.

Staking

  • 72% (23b) - 68% of total ADA staked (21.8 Billion ADA)

  • 257K - 133K delegators

  • IOG next round of delegation application in March

  • Saturation limit – decreasing from 64 million to 32 million March 31st.

  • Staking statistics - source

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