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Cardano Spot
@CardanoSpot
Community-driven Social media app | Follow us for Cardano content | Download App: AppStore: https://t.co/PuTmAbWvNY | PlayStore: https://t.co/cIEIDY7C8h
Jun 4, 2023 • 14 tweets • 6 min read
Have the bots taken over?

What went down with the @CockCoin_ada DEX launch?

And why are people selling DEX sniper bots for 80,000 Ada?

Read this thread and please share it with others:

1/13 Image Disclaimer:

• This thread is a hypothesis & not a fact.

• It's also not an "expose"; the aim is to help explain the chain of events better.

• We could also be wrong, and this could be an inside job.

2/13
Jun 2, 2023 • 7 tweets • 4 min read
Do you struggle to keep up with the latest news or research projects?

We got you covered!

We highlight some of the best #Cardano content from this week:

1/7 Image DeFi Report Q1

Check out our comprehensive report that delves into the analysis of the current state of DeFi.

It compares the different protocols and what's working and not working for them. Divided by sections - DEXs, Lending, and Stablecoins

cardanospot.io/news/state-car…

2/7
Feb 7, 2023 • 12 tweets • 4 min read
Valentine's Hard fork Combinator - a love affair with other chains

It revolves around CIP-0049.

A cryptography change that allows better interoperability with Bitcoin/Ethereum, higher privacy, and hypercharges sidechains.

Let's get into it

1/12 Image Today we will cover

1. Public-Private Key cryptography

2. SECP256k1

3. CIP-0049

3. Benefits

2/12 Image
Jan 20, 2023 • 13 tweets • 5 min read
Cardano's Reward Sharing Scheme and CIP 50

Staking is the bedrock of #Cardano.

We are one of the most decentralized chain with 3000+ pools and 25+ MAV.

How do we improve decentralization and security? What's CIP - 50?

Let's dive into it

#CardanoCommunity

1/13 Rewards Sharing Scheme:

Cardano rewards stakeholders for securing the protocol.

You can 'pool' resources, which a staking pool operator runs.

The rewards-sharing scheme aims to bring a state where the stake is decentralized and distributed to favorable honest actors.

2/13
Oct 12, 2022 • 10 tweets • 4 min read
@axotrade - Redefining DeFi on Cardano

#Cardano has the superpower to parallelize transactions and fit thousands of transactions in one.

Dapps on Cardano have to be built to use this superpower, and #Axo is leading the charge.

We will talk about:

• How TradFi exchanges work?

• How DeFi DEXes work?

• How DeFi on Cardano works?

• How Axo hopes to change this?
Oct 4, 2022 • 15 tweets • 5 min read
The Power of eUTXO

Cardano combines the security of Bitcoin and the programmability of Ethereum.

It allows for processing secure and scalable smart contracts.

Cardano advances Bitcoin's innovation and continues to build with values that define this industry.

Think Different! Image Basics First:

Blockchains are ledgers, they keep a record of things like coins, #NFTs, etc.

Blockchain architecture differs on the rules they use to keep a record.

A UTXO model keeps a record of transactions while an account based keeps a record of the balance in accounts.