News on All cryptocurrencies

Cardano plans to improve Onchain privacy features through a new collaboration

Cardano Dapp developers and users will be able to take advantage of Partisia Blockchain's privacy preservation tools for more robust privacy.

The Cardano blockchain (ADA) needs privacy features to help individuals live within the ecosystem and spend smoothly, without fear. Many Cardano users have prioritized privacy on the official blockchain forum. One user said, "privacy should be an important issue because it determines Cardano's values."

Take advantage of the privacy of Partisia blockchain

That said, Cardano's founding body, EMURGO, is proposing some changes to promote the privacy features of the network with a new partnership. As it turns out, his network needs to adapt to the recent surge in competitors and hacks.

In a press release today, the blockchain company announced a strategic partnership with Partisia, a Level 1 public blockchain protocol, to help Cardano onchain's decentralized privacy features.

Through this collaboration, Cardano dApp developers and users would be able to take advantage of Partisia blockchain's privacy that preserves zero-knowledge (ZK), multi-party computing. Additionally, the Partisia team will develop custom smart contracts for Cardano developers.

The first full version of Partisia's smart contract programming language designed for privacy is expected to debut by the middle of this year.

Cardano could recover from the decline

Recently, the Cardano blockchain doubled down on the bug bounty to protect its network from bad actors. The project called on hackers to identify vulnerabilities on the network.

The improved privacy features on the Cardano network could fuel demand for the altcoin. Another bullish catalyst that could drive ADA's price trend is the increase in the number of active addresses on the blockchain.

According to data from the crypto intelligence platform IntoTheBlock, Cardano has seen a significant increase in onchain activity, with the number of new addresses increasing by 167%. At this point, it might be interesting to do some trading on Bitcoin Pro. This is a safe trading platform, which requires minimal investment to get started.

Andrew Santillo

Andrea Santillo Freelancer expert writer in the field of digital finance and now also in the field of cryptocurrencies. Thanks to my linguistic knowledge I carry out research and studies on various sites and my articles are founded and deepened on these themes. Enjoy the reading

Share
Published by
Andrew Santillo

Recent Posts

The future of cryptocurrencies: new challenges and new opportunities

Cryptocurrencies have revolutionized the world of economics and investment, offering a decentralized alternative to traditional…

1 years ago

Can Cardano Beat Ethereum With This Massive New Move? 

Milkomedia-C1 announced the integration of the DJed stablecoin network on its platform. Milkomeda C1, a…

1 years ago

2 cheap cryptocurrencies to buy now

Cryptocurrencies have gained immense popularity over the last decade, attracting investors from all over the world. However,…

1 years ago

The Bahamas intend to strengthen the regulation of cryptocurrencies after the sinking of FTX

The former cryptocurrency exchange FTX was based in the Bahamas. The island nation has not been…

1 years ago

Shiba Inu scores huge due to superior technology

As Shiba Inu adoption skyrockets, the memecoin and the entire Shiba ecosystem…

1 years ago

Millions of users can buy, withdraw and exchange Bitcoins on Telegram messenger

The adoption of digital currencies such as Bitcoin has continued to grow unabated. Many…

1 years ago