IOHK is making headlines again after dropping an exciting announcement on their social media account. Check out their tweet below.
NEW BLOG: High engagement & low leverage; the principles at the heart of #Cardano’s #ADA rewards system. In this foundational piece, Chief Scientist @sol3gga outlines the choices made in designing Cardano’s scheme and compares it to other protocols https://t.co/UBL8mMYLL5
— Input Output (@InputOutputHK) November 30, 2020
The blog post is called, “Blockchain reward sharing – a comparative systematization from first principles – Navigating the diverse landscape of reward-sharing schemes and the choices we have made in the design of Cardano’s reward-sharing scheme.”
IOHK notes in the blog post that after a previous article, “Taking a more high-level view, we will examine from first principles, the general problem of reward sharing in blockchain systems. To recall, the two overarching objectives of any resource-based consensus system is to incentivize the following.”
We suggest that you check out the complete blog post in order to learn all the available details.
Cardano’s Charles Hoskinson wants to reach 1 billion users
In other recent news, just the other day we addressed an issue about the mainstream adoption of Cardano.
IOHK CEO Charles Hoskinson stated in a recent video that he plans to build community hubs across the major cities of the world.
He said that the community hubs would be tasked with helping to localize the use of Cardano among the local people in each of the communities.
Check out the video on YouTube where the subject is debated by Hoskinson.
Also, the other day, Charles Hoskinson dropped an important update for Goguen. Check out the tweet that he shared.
Goguen technical updatehttps://t.co/lfBAc3ECza for Cardano
— Charles Hoskinson (@IOHK_Charles) November 27, 2020
Regarding the price of ADA today, at the moment of writing this article, ADA is trading in the green, and the coin is priced at $0.169512.