Cardano’s Next Epoch Begins Tomorrow
Cardano’s Shelley is an enormous achievement, and this has been expected by the whole community for a really long time.
The upgrade will be definitely taking the project to the moon, and all that the ADA enthusiasts are waiting to see is the price of the coin to reflect this success as well.
Now, the Cardano community made an important announcement on social media, and you can also check it out below.
We’ve officially crossed the next #Shelley epoch boundary, triggering the next tranche of #ADA staking rewards (c. 12m) Over 1,100 pools have now minted 24% of the blocks. Our next epoch is Sept 2nd.#hodl #stakepool #Crypto
— Cardano Community (@Cardano) August 28, 2020
Someone had this to comment: “Correction: over 1,100 pools have an opportunity to mint (not “have now minted”) 24% blocks projected to be made during the current epoch. Extraterrestrial alien.”
Cardano talks security
In other news, the team behind the Cardano project has been addressing the various scams that are popping up in the crypto space, and they are teaching the community how to remain as safe as mobile these days.
We still regularly receive reports and come across messages where people are being scammed for ada.
Please beware of fake Daedalus and Yoroi apps floating around!
Stay Safe! https://t.co/OqFhQKnVjD
— Cardano Community (@Cardano) August 26, 2020
In a post on the Cardano forum, the team addresses more issues on how to remain safe.
They also address some potential scam scenarios and we truly recommend that you check out the original post for yourselves.
Anyway, speaking about the digital asset ADA, at the moment of writing this article, the coin is trading in the green and it’s priced at $0.124786.
ADA is currently up by more than 6% in the past 24 hours. Cardano enthusiasts are confident that the coin’s price will see a massive boost.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.