Cardano News Update, User Inflows, Interoperability, DDoS Update - 28th June 2024
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 Published On Jun 28, 2024

Smash the like on the X post
https://x.com/astroboysoup/status/180...


Community Migration:
There's a noticeable trend of individuals and projects migrating to Cardano from other ecosystems like Ethereum and Solana. Reasons cited include dissatisfaction with governance issues and higher engagement levels within the Cardano community.

https://x.com/ZKDID_/status/180645993...
https://x.com/BaerEvo_/status/1806455...
   • Solana Maxis Coming to Cardano?!!!  

Governance and Community Engagement:
The Interim Constitution Committee (ICC) election results were announced, bringing key community members into governance roles. This reflects ongoing efforts to strengthen decentralized governance within the Cardano ecosystem.

https://x.com/IntersectMBO/status/180...
https://www.intersectmbo.org/news/mee...

Project Catalyst Updates:
Fund 12 of Project Catalyst is open for voting, allowing community members to fund proposals that advance the Cardano ecosystem. This initiative aims to support innovation and development within the community.

https://x.com/Catalyst_onX/status/180...

DDoS Attack Recap:
Cardano recently experienced a DDoS attack, prompting technical responses and updates. A hotfix was deployed, requiring node operators to upgrade to version 8.12.1. There were misunderstandings in media coverage about the attack's details, which were clarified by community members like Mert and others.

https://x.com/IntersectMBO/status/180...
https://x.com/0xMert_/status/18063434...
https://x.com/danogo_2023/status/1806...
https://x.com/StakeWithPride/status/1...

Interoperability and Ecosystem Growth:
Cardano's ecosystem is expanding with interoperability initiatives. This includes integration with Cosmos SDK through Inter-Blockchain Communication (IBC), allowing projects to bridge with over 115 interconnected blockchains. Notable integrations include Maya Protocol and Wanchain, enhancing cross-chain transactions and asset swaps.

https://x.com/Cardano_CF/status/18063...
https://cardanofoundation.org/blog/en...
https://cosmos.network/ecosystem/apps/
https://x.com/GoMaestroOrg/status/180...
https://x.com/wanchain_org/status/180...

Timestamps
00:00 Intro
01:48 Solana Degens Making Moves to Cardano
03:15 ICC results
04:52 Shout out to Summon Platform
05:12 Catalyst Fund 12 is Open for Voting
06:15 Update on the Spam Attack
07:32 What others are saying about Cardano DDoS
08:43 Break down of numbers in the DDoS
12:49 Cardano Interoperability
15:21 Maya Protocol Cross-chain transactions
15:57 Wanchain Bridge DOT to Cardano
   • Polkadot & Cardano: $DOT Exists on Ca...  



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===
*** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky.    • Learn Cardano Podcast Outro Music  
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