On-chain government is an inevitable part of a decentralized blockchain project. Catalyst is a project that will try to introduce it on Cardano. Stakeholders should pay attention to the project and understand the importance in the context of the future success of Cardano.

The Voltaire era is about governance

Decentralization is a relatively old concept but it is something new in the world of the internet. While we are able to create decentralized protocols via network consensus we still do not know how we should decentralize their maintenance and development. It is hard to achieve decentralization on the level of…


Cryptocurrency fans believe that blockchain has the potential to disrupt banks and create a new form of sound money. There is a close relationship between national currencies and governments. The reality is that it is not possible to replace national currencies without having technologies that will substitute the functionalities of governments or help to build a new form of government. Let’s dive into the topic.

National currencies and tools for keeping their stability

A national currency is a legal tender issued by a country’s central bank or monetary authority. National authorities guarantee the acceptance of the currency as a means…


Digital scarcity is based on the trust of people that a given project will exist for a long time if not forever. Longevity depends on a sustainable economic model. The model itself cannot be stable and it depends on events in the real world. Let’s compare Cardano and Bitcoin from the perspective of longevity and durability.

Gold and digital scarcity

Gold is a natural resource. It is a metal that arose from the Big Bang. In contrast to other resources, the quantity of gold on our planet is literally very scarce comprising only 0.00000031% of the Earth’s crust. Gold is…


The future of all cryptocurrencies is open. Narratives change, technological capabilities are improved every day, big investors come and are interested in investments. Despite all these positives, it is difficult to anticipate what the future will look like. We will have a look at Satoshi’s vision and put it into context with Cardano.

Legacy of Satoshi

Satoshi Nakamoto is a famous pseudonym of a man or a team that put together and launched Bitcoin in 2009. Satoshi quietly abandoned the community and left behind a few other things. Besides the running Bitcoin network, we can read about the reasons why…


Alonzo hard-fork will bring smart contracts to Cardano. Let’s have a look at the history and the potential of smart contracts. We dare to think big about the future of technology.

History and the potential of smart contracts

You may be surprised that the idea of smart contracts is older than Bitcoin. Nick Szabo was the first man on the planet who mentioned the term smart contract in 1994. Notice that at that time, there was no decentralized blockchain network. In his work, Nick Szabo described smart contracts in the following way:

A smart contract is a computerized transaction protocol…


The Cardano main-net (Shelley era) has been launched in the middle of the year 2020 and so far it runs reliably and without any issues. There is a lot of scientific work behind Ouroboros Proof-of-Stake consensus and the practice shows that theoretical assumptions seem to be correct. People are asking why Ouroboros does not need to punish dishonest participants. Let’s try to answer the question.

Building a distributed network consensus is hard

Decentralization and security of any network consensus are key requirements for building a cryptocurrency. Network consensus is a digital process with many participants. Participants live in the physical…


In the Cardano ecosystem, you can participate in voting and thus actively influence the future of the project. Let’s have a look at it. We will show you how to do it via the Yoroi wallet.

Introduction

To be able to vote, you need to have a certain amount of ADA coins in your wallet. The balance will decide your voting power. To be able to vote, you need to let it know to the Cardano network. It is achieved by the creation of a voting certificate. The certificate can be created in Yoroi or Daedalus wallet and it is…


The possibility to issue tokens on Cardano increases the utility of the network. It will bring network traffic and new users. After the Mary hard-fork, Cardano will become a multi-asset ledger. Let’s have a look at what it means and what it brings to the Cardano ecosystem.

What are native tokens?

Cardano’s security and decentralization are related to ADA coins. ADA is the cryptocurrency of the Cardano network and you can stake it. You can also send ADA coins from address to address. Besides ADA coins, it will be possible to issue other tokens that will have similar properties as…


People can ask why the IOHK team works on Cardano if we have Bitcoin and Ethereum. Do we really need more public networks? These are fair questions. Let’s answer them.

Technology must evolve

We do not know any digital technology that would have been created once and survive without being constantly improved afterward. Technology must evolve or it gets obsolete sooner or later. Why is it like that? The answer is simple. Every technology evolves so when it is not the case for a given project then others will become mainstream. At least, we have such experience from history.

Have…


Cardano is a public global protocol with open source code. Millions of people can use it every day. The question is who should be responsible for maintaining the global protocol that is supposed to be decentralized?

How software development works

Many people do not understand how software development works. They might think that it is possible to create software that can be used forever as is when it is done. Similarly like a knife or shoes. Once a knife is produced you can buy it and use it for cutting foods. There is a catch. When a knife is blunt…

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Proud Cardano ambassadors Jaromir Tesar & Lukas Barta. Operators of Cardanians pool with ticker #CRDNS.

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