{"id":526027,"date":"2023-04-07T17:00:19","date_gmt":"2023-04-07T17:00:19","guid":{"rendered":"https:\/\/uniquehot.com\/?p=526027"},"modified":"2024-06-11T14:34:56","modified_gmt":"2024-06-11T14:34:56","slug":"cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/","title":{"rendered":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How"},"content":{"rendered":"

The Liqwid liquidity market and liquid staking protocol, two large decentralized finance (DeFi) projects on Cardano, have recently announced<\/a> major implications for the Cardano (ADA) ecosystem. They have announced integrating Charli3\u2019s oracle price feeds to secure collateral and liquidations in the SHEN market.\u00a0<\/span><\/p>\n

Charli3 is a decentralized oracle provider that operates on the Cardano blockchain. As the first oracle provider on Cardano, Charli3 provides a decentralized node network that allows projects to supply secure, accurate, and safe data to their platforms and communities.\u00a0<\/span><\/p>\n

Charli3\u2019s decentralized node network is designed to provide a framework for projects to access a wide range of data, both on-chain and off-chain. This data can take many forms, including asset prices, weather data, and gaming results.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Loss Taking Spikes, Why This Could Be Bullish<\/a><\/div>\n

First Oracle Integration On Cardano\u00a0<\/b><\/h2>\n

According<\/a> to Cardano’s ecosystem ambassador, Yevhen, Charli3\u2019s decentralized infrastructure is crucial to the network’s decentralized finance (DeFi) ecosystem. Oracles play a crucial role in providing external data to smart contracts, allowing them to execute complex functions and make decisions based on real-world data.\u00a0<\/span><\/p>\n

Furthermore, Charlie3\u2019s Oracle price feeds are designed to be highly secure and resist attacks. They use a decentralized network of nodes to aggregate price data from multiple sources and provide a single reliable price feed, making it more difficult for any node or source to manipulate price data.\u00a0<\/span><\/p>\n

In addition, Charlie3\u2019s Oracle price feeds are highly customizable, allowing protocols like Liqwid to select the specific price data source it wants to use. On the other hand, these Oracle feeds are designed to be scalable, essential for supporting the growing demand for DeFi protocols on Cardano.\u00a0<\/span><\/p>\n

Integrating Charlie3\u2019s decentralized price feeds a significant milestone for the protocol. It ensures that the price data referenced within its market is accurate, continuous, and resistant to centralized oracle price manipulations.\u00a0<\/span><\/p>\n

This will further help Liqwid create new loans, update collateral values, and initiate liquidations for undercollateralized loans. By integrating Cardano native oracle service provider Charli3\u2019s price feeds, Liqwid is moving towards a fully decentralized lending protocol on Cardano.<\/span><\/p>\n

Now, as the first protocol to integrate with a Cardano native decentralized oracle protocol, Liqwid has stated that it aims to set a focus on decentralization and safety for other protocols within the Cardano DeFi ecosystem to follow.\u00a0<\/span><\/p>\n

Is ADA Poised To Rally With This New Integration?<\/b><\/h3>\n

According to Yevhen, the strong demand from whales played a significant role in the first quarter rally of ADA. As the demand from whales increased in Q1, the price of ADA also increased to its yearly high of $0,420, which according to Yevhen, attracted more investors to Cardano\u2019s native token.\u00a0<\/span><\/p>\n

\"Cardano
ADA whales buying more coins in the last month. Source: Yevhen on Twitter.<\/a><\/figcaption><\/figure>\n

Per Yevhen\u2019s analysis, ADA has seen a shift in recent weeks, with whales beginning to \u201cscoop up\u201d the coin. Furthermore, over the past four weeks, addresses holding 1-10 million ADA have reportedly added over 150 million ADA coins to their holdings, worth $60 million at the current market value, showing a bullish bias among the whales, as they are accumulating more ADA.\u00a0<\/span><\/p>\n

This trend is also reflected in ADA\u2019s supply distribution, which shows that addresses holding between 1000-10 million ADA have been accumulating the token. Overall, the shift towards whale accumulation of ADA is a positive sign for the Cardano ecosystem.\u00a0<\/span><\/p>\n

Furthermore, the growth of the Cardano DeFi ecosystem is likely to attract more investors and users to its network, which could further lead to a boost in the price of ADA in the mid-term. ADA is trading at $0.383, with a slight decline of 0.1% in the last 24 hours.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts<\/a><\/div>\n
\"Cardano
ADA trading sideways for the last 24 hours on the 1-day chart. Source: ADAUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Image from Unsplash, chart from TradingView.com<\/p>\n","protected":false},"excerpt":{"rendered":"

The Liqwid liquidity market and liquid staking protocol, two large decentralized finance (DeFi) projects on Cardano, have recently announced major implications for the Cardano (ADA) ecosystem. They have announced integrating Charli3\u2019s oracle price feeds to secure collateral and liquidations in the SHEN market.\u00a0 Charli3 is a decentralized oracle provider that operates on the Cardano blockchain. As the first oracle provider on Cardano, Charli3 provides a decentralized node network that allows projects to supply secure, accurate, and safe data to their platforms and communities.\u00a0 Charli3\u2019s decentralized node network is designed to provide a framework for projects to access a wide range of data, both on-chain and off-chain. This data can take many forms, including asset prices, weather data, and gaming results.\u00a0 Related Reading: Bitcoin Loss Taking Spikes, Why This Could Be Bullish First Oracle Integration On Cardano\u00a0 According to Cardano’s ecosystem ambassador, Yevhen, Charli3\u2019s decentralized infrastructure is crucial to the network’s decentralized finance (DeFi) ecosystem. Oracles play a crucial role in providing external data to smart contracts, allowing them to execute complex functions and make decisions based on real-world data.\u00a0 Furthermore, Charlie3\u2019s Oracle price feeds are designed to be highly secure and resist attacks. They use a decentralized network of nodes to aggregate price data from multiple sources and provide a single reliable price feed, making it more difficult for any node or source to manipulate price data.\u00a0 In addition, Charlie3\u2019s Oracle price feeds are highly customizable, allowing protocols like Liqwid to select the specific price data source it wants to use. On the other hand, these Oracle feeds are designed to be scalable, essential for supporting the growing demand for DeFi protocols on Cardano.\u00a0 Integrating Charlie3\u2019s decentralized price feeds a significant milestone for the protocol. It ensures that the price data referenced within its market is accurate, continuous, and resistant to centralized oracle price manipulations.\u00a0 This will further help Liqwid create new loans, update collateral values, and initiate liquidations for undercollateralized loans. By integrating Cardano native oracle service provider Charli3\u2019s price feeds, Liqwid is moving towards a fully decentralized lending protocol on Cardano. Now, as the first protocol to integrate with a Cardano native decentralized oracle protocol, Liqwid has stated that it aims to set a focus on decentralization and safety for other protocols within the Cardano DeFi ecosystem to follow.\u00a0 Is ADA Poised To Rally With This New Integration? According to Yevhen, the strong demand from whales played a significant role in the first quarter rally of ADA. As the demand from whales increased in Q1, the price of ADA also increased to its yearly high of $0,420, which according to Yevhen, attracted more investors to Cardano\u2019s native token.\u00a0 Per Yevhen\u2019s analysis, ADA has seen a shift in recent weeks, with whales beginning to \u201cscoop up\u201d the coin. Furthermore, over the past four weeks, addresses holding 1-10 million ADA have reportedly added over 150 million ADA coins to their holdings, worth $60 million at the current market value, showing a bullish bias among the whales, as they are accumulating more ADA.\u00a0 This trend is also reflected in ADA\u2019s supply distribution, which shows that addresses holding between 1000-10 million ADA have been accumulating the token. Overall, the shift towards whale accumulation of ADA is a positive sign for the Cardano ecosystem.\u00a0 Furthermore, the growth of the Cardano DeFi ecosystem is likely to attract more investors and users to its network, which could further lead to a boost in the price of ADA in the mid-term. ADA is trading at $0.383, with a slight decline of 0.1% in the last 24 hours.\u00a0 Related Reading: Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts Image from Unsplash, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":526028,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[79508,12332,15138,6664,1558],"class_list":["post-526027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-adausdt","tag-cardano","tag-cardano-ada-price","tag-crypto","tag-cryptocurrency"],"acf":[],"yoast_head":"\nCardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How<\/title>\n<meta name=\"description\" content=\"The Liqwid liquidity market protocol, have recently made an announcement with major implications for the Cardano ecosystem.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How\" \/>\n<meta property=\"og:description\" content=\"The Liqwid liquidity market protocol, have recently made an announcement with major implications for the Cardano ecosystem.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-07T17:00:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:34:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1619\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How\",\"datePublished\":\"2023-04-07T17:00:19+00:00\",\"dateModified\":\"2024-06-11T14:34:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\"},\"wordCount\":670,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619\",\"keywords\":[\"ADAUSDT\",\"Cardano\",\"Cardano (ADA) Price\",\"crypto\",\"cryptocurrency\"],\"articleSection\":[\"Cardano\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\",\"url\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\",\"name\":\"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619\",\"datePublished\":\"2023-04-07T17:00:19+00:00\",\"dateModified\":\"2024-06-11T14:34:56+00:00\",\"description\":\"The Liqwid liquidity market protocol, have recently made an announcement with major implications for the Cardano ecosystem.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619\",\"width\":2400,\"height\":1619,\"caption\":\"Cardano\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/uniquehot.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How","description":"The Liqwid liquidity market protocol, have recently made an announcement with major implications for the Cardano ecosystem.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/","og_locale":"en_US","og_type":"article","og_title":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How","og_description":"The Liqwid liquidity market protocol, have recently made an announcement with major implications for the Cardano ecosystem.","og_url":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-04-07T17:00:19+00:00","article_modified_time":"2024-06-11T14:34:56+00:00","og_image":[{"width":2400,"height":1619,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How","datePublished":"2023-04-07T17:00:19+00:00","dateModified":"2024-06-11T14:34:56+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/"},"wordCount":670,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619","keywords":["ADAUSDT","Cardano","Cardano (ADA) Price","crypto","cryptocurrency"],"articleSection":["Cardano"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/","url":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/","name":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619","datePublished":"2023-04-07T17:00:19+00:00","dateModified":"2024-06-11T14:34:56+00:00","description":"The Liqwid liquidity market protocol, have recently made an announcement with major implications for the Cardano ecosystem.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619","width":2400,"height":1619,"caption":"Cardano"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/uniquehot.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\u2019s How","url":"http:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/cardano\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["adausdt","cardano","cardano (ada) price","crypto","cryptocurrency"],"dateCreated":"2023-04-07T17:00:19Z","datePublished":"2023-04-07T17:00:19Z","dateModified":"2024-06-11T14:34:56Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano (ADA) Takes A Step Closer To Full Decentralization, Here\\u2019s How\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/cardano-ada-takes-a-step-closer-to-full-decentralization-heres-how\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"adausdt\",\"cardano\",\"cardano (ada) price\",\"crypto\",\"cryptocurrency\"],\"dateCreated\":\"2023-04-07T17:00:19Z\",\"datePublished\":\"2023-04-07T17:00:19Z\",\"dateModified\":\"2024-06-11T14:34:56Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/ruben-hanssen-w7KTnKhIxFo-unsplash.jpg?fit=2400%2C1619","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/526027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=526027"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/526027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/526028"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=526027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=526027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=526027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}