Cardano Hard-Fork Brings Interoperability and Security to Plutus Smart Contracts

• Cardano’s upcoming hard-fork event on February 14, 2023, will include new built-in functions to Plutus, the smart contract programming language for the Cardano blockchain.
• This upgrade will bring support to ECDSA and Schnorr cryptographic signatures, making it easier for developers to build cross-chain apps.
• The upgrade will enable greater interoperability and secure cross-chain DApp development, which may cause a bullish reaction in the ADA price.

Cardano is set to undergo a major upgrade on February 14, 2023. The upgrade, known as a hard-fork, will bring several new features to the Cardano blockchain, most notably, the ability of the Plutus smart contract programming language to support ECDSA and Schnorr cryptographic signatures.

ECDSA and Schnorr are two of the most widely used cryptographic signature techniques in the blockchain and cryptocurrency world. Bitcoin and Ethereum both employ these signature techniques, but Cardano utilizes the Edwards-curve Digital Signature Algorithm (EdDSA). This signature is incompatible with ECDSA and Schnorr signatures, making it difficult for developers to collaborate with other blockchains.

The new Cardano upgrade will make it possible for developers to easily build cross-chain apps and ensure the highest level of security. The new built-in features of Plutus will support ECDSA and Schnorr signatures, allowing developers to easily verify the cryptographic signatures of other blockchains. This enhanced interoperability will enable secure cross-chain DApp development and make it easier for developers to work with other blockchains.

The hard-fork event is likely to cause a bullish reaction in the ADA price, as it will provide Cardano with a competitive edge over other blockchains. Furthermore, the ability to develop secure cross-chain applications will open up new opportunities for developers and businesses to take advantage of the Cardano blockchain. This could lead to increased adoption and usage of the Cardano blockchain, which may result in a higher ADA price.

Overall, the hard-fork event is an exciting development for Cardano, and could potentially have a positive effect on the ADA price. With the new built-in features to Plutus, Cardano will be able to increase its interoperability with Bitcoin, Ethereum, and other blockchains, as well as provide developers with the ability to easily create secure cross-chain applications.

Ethereum to Reward Stakers With Shanghai Upgrade: Access ETH Rewards Now!

• The Ethereum network is preparing for its next upgrade after the success of its switch to a proof-of-stake (PoS) network, known as the Merge upgrade.
• The Shanghai update will enable stakers to access their rewards, including their initial ETH deposits.
• A few of the network’s core developers claim that the network is releasing the upgrades too quickly to avoid public criticism.

The Ethereum network is continuing its preparation for its next major update known as the Shanghai update. This new update aims to reward Ethereum users participating in the network’s staking program. After the success of its switch to a proof-of-stake (PoS) network, the Merge upgrade, Ethereum users have been staking their ETH to earn rewards, but they haven’t been able to withdraw their earnings. However, the Shanghai update will enable these stakers to access their rewards, including their initial ETH deposits.

The Shanghai update could be live within the next two months based on available information. However, a few of the network’s core developers claim that the network is releasing the upgrades too quickly to avoid public criticism. They argue that the upgrades are causing technical expenses that could have huge ramifications on the network in the long term. Micah Zoltu, one of the core developers, commented, “It seems we are not concerned about the future wellbeing of this network, but instead are only concerned about public opinion of the present.”

The crypto community is divided on this issue, with some developers advocating for a slower pace of development and others arguing that the upgrades should be implemented as soon as possible. Ethereum developers are also debating the best methods to test the Shanghai update, with many recommending the use of automated testing tools. Additionally, developers are considering the possibility of an emergency hard fork to fix any bugs that arise during the upgrade.

The Ethereum community remains optimistic about the Shanghai update, with many believing that it will be a major step forward for the network. However, whether or not Ethereum users will be able to withdraw their staked ETH after the update is still unknown. The core developers of the network will need to reach a consensus on the timing of the upgrade implementation and the best methods to test the update in order to ensure a smooth transition.

Twitter Introduces Coins Feature, Diversifying Revenue Streams

– Twitter is reportedly developing a feature that allows users to purchase crypto coins.
– This feature will allow users to support content creators of their choice at a small fee.
– Twitter Inc. is diversifying its revenue following a slump in advertising.

Twitter Inc., the Elon Musk owned social media platform worth $44 billion, is in the process of developing a new feature that will allow users to purchase crypto coins. This feature is expected to be powered by payment giant Stripe and will enable users to support content creators of their choice at a small fee. This comes at a time when the company has seen a huge slump in advertising revenue, and is consequently looking for new ways to diversify its earnings.

The development of this new feature is part of the transition of Twitter into the “everything app” that Musk envisioned when he acquired the company last year. In the past few months, the company has unveiled a plethora of new features, including its paid Twitter Blue, however the reception of Twitter Blue has not been as strong as hoped, with Musk himself not even possessing the blue mark. In addition, the company has been involved in several layoffs.

The new “Coins” feature will be accessible through a menu item, which will take users to a purchase screen. It is expected that with the adoption of Web3 features and the introduction of this new feature, the usage of Twitter will grow exponentially in the coming years.

In addition to the Coins feature, Twitter has also released a crypto feature that allows users to search for up-to-date price information. This is just one of the many changes that the company is making in order to stay competitive in the rapidly evolving world of social media, and to ensure that its users have the best experience possible.

Twitter’s commitment to providing their users with a safe, secure, and enjoyable experience is evident in their focus on the development of new features and the implementation of blockchain technology and cryptocurrency. It will be interesting to see how the company’s new Coins feature will fare, and if Twitter will become the go-to platform for crypto-enthusiasts.

Terra Classic (LUNC) Achieves Compatibility with Interchain Station, Price Drops

• Terra Classic (LUNC) has achieved compatibility with Interchain Station, as confirmed by lead developer Jared.
• The integration of the Terra network with other blockchains, including Osmosis, Juno, and SEI, is set to drive the Web3 industry forward.
• Following the announcement, the price of LUNC has dropped by 2.6%, trading around $0.00016310.

The Terra Classic (LUNC) blockchain has taken a major step forward in its development, as the lead developer Jared announced its compatibility with Interchain Station. With this integration, Terra network joins other blockchains such as Osmosis, Juno, and SEI to drive forward the Web3 industry. The Terra LUNC network boasts a market capitalization of roughly $981,178,831 and a 24-hour traded volume of around $97,623,378.

The announcement of the compatibility with Interchain Station did not have a positive effect on the LUNC price on Wednesday, as it dropped by 2.6% to trade around $0.00016310. However, the long-term impact of the integration is expected to be beneficial for the blockchain. DeFi developers will find it easier to access oracle data from different chains through the Interchain Station.

Originally, the integration was set to be unveiled on January 12, but technical delays forced the date to be pushed further. However, Jared surprised the LUNC community by announcing the integration earlier than expected. Additionally, he stated that a support team for the Interchain Station will be put in place in the upcoming days.

With this impressive development, the future of the Terra Classic (LUNC) blockchain is looking much brighter. The Interchain Station will enable seamless communication between different blockchains, allowing more projects to join the Web3 industry. As such, it is likely that the price of LUNC will recover in the long run.