🚀 Cardano's First Privacy-Enabled Network Goes Live
#Cardano #Blockchain #Privacy #DeFi #Crypto #Cryptocurrency #Finance #TVL #Stablecoins #NetworkLaunch #ADA
Midnight Foundation announced that its network became operational on March 29, following the creation of the genesis block on March 17. According to NS3.AI, this launch marks Cardano's initial foray into testing Charles Hoskinson's assertion that blockchains require integrated privacy and compliance features to engage with regulated finance sectors. Cardano embarks on this trial with a market capitalization exceeding $9.1 billion. Data from DefiLlama indicates approximately $134 million in total value locked (TVL), around $47 million in stablecoins, and daily chain fees of less than $2,000.#Cardano #Blockchain #Privacy #DeFi #Crypto #Cryptocurrency #Finance #TVL #Stablecoins #NetworkLaunch #ADA
🚀 Satoshi Protocol Layer2 Settlement Network Launches with Upgrades
#SatoshiProtocol #Layer2 #Blockchain #DeFi #Governance #Decentralization #OnChainData #NetworkLaunch #Crypto #MultiSignature #ProtocolUpgrade #CommunityAutonomy
The Satoshi Protocol Layer2 settlement network officially launched on April 6, introducing enhancements in on-chain data statistics and computational capabilities. According to ChainCatcher, the Layer2 network now supports deep cumulative calculations on-chain, allowing for a more accurate reflection of team sizes and business data, thereby improving processing efficiency in complex scenarios.
In terms of governance, the protocol has transferred core permissions to a multi-signature contract and adopted a dual-track governance model, with developers and core community members each holding 50% of the decision-making power. The execution threshold is set at 65%, further enhancing decentralization.
This upgrade marks the protocol's transition towards community autonomy, providing a reference for technology and governance in the DeFi sector.#SatoshiProtocol #Layer2 #Blockchain #DeFi #Governance #Decentralization #OnChainData #NetworkLaunch #Crypto #MultiSignature #ProtocolUpgrade #CommunityAutonomy