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Home»Cryptonews»Cardano upgrades mainnet, InQubeta’s AI attracts investors
Cryptonews

Cardano upgrades mainnet, InQubeta’s AI attracts investors

By 07/07/2023No Comments0 Views
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Cardano (ADA) is showcasing its dedication to progress and advancement by unveiling a new version of its mainnet. The team responsible for Cardano is encouraging stake pool operators (SPOs) to promptly embrace the latest Node version, 8.1.1, which was recently launched. This upgrade aims to streamline operations throughout the platform and enhance the overall efficiency of the Cardano blockchain network.

A major milestone for Cardano

One of the key focuses of this upgrade is to reduce epoch transitions, which are periods on the Cardano blockchain that last approx 5 days. Epoch transitions play a crucial role in the staking process and in generating new blocks on the Cardano network. By dispersing epoch boundary computations throughout the entire epoch, the latest version of Cardano aims to improve the user experience and the smoothness of network operations.

The recent upgrade to version 8.1.1 significantly changes how epoch calculations are performed. This results in accelerated network processes during epoch transitions, ultimately enhancing the overall performance and functionality of Cardano. With each epoch consisting of 432,000 slots and each slot lasting 1 second, the efficient execution of epoch transitions is vital for the seamless operation of the Cardano blockchain.

While Cardano continues to make strides in optimizing its network, another project that has caught the attention of institutional investors is InQubeta (QUBE). With its unique AI technology, InQubeta has positioned itself as one of the top crypto coins to consider for long-term investment.

QUBE: A unique AI token

QUBE is a utility token allowing investors to participate in fractional investment opportunities in AI startups. By offering reward and equity-based NFTs, QUBE allows investors to be part of the AI revolution. The token also operates on a deflationary model, with a 2% buy and sell tax going to a burn wallet and a 5% sell tax allocated to a dedicated reward pool. This mechanism helps maintain scarcity and incentivizes holders to participate actively in the ecosystem.

Built on the Ethereum blockchain, InQubeta leverages the established and accomplished ecosystem of Ethereum. This provides a solid foundation for the project and instills confidence in investors regarding its stability and security. Moreover, QUBE offers staking features that allow token holders to earn rewards, providing an additional incentive for long-term investment.

InQubeta goes beyond being just a utility token; it also serves as a governance tool. Token holders have the power to propose ideas, vote on proposals, and shape the future direction of projects within the InQubeta ecosystem. This democratic approach empowers the community and ensures that decisions are made collectively, creating a sense of ownership and involvement.

Furthermore, top smart contract security platforms like Block Audit and Hacken have thoroughly verified the project. This verification process ensures that the project adheres to stringent security standards, providing investors with peace of mind and mitigating potential risks.

Bottom line

Cardano’s latest mainnet upgrade and InQubeta’s unique AI technology have positioned both projects as attractive options for investors as the crypto market evolves. Cardano’s commitment to optimizing its network and enhancing the user experience aligns with the growing demand for efficient and scalable blockchain solutions. On the other hand, InQubeta’s innovative approach to AI investment and its strong governance model make it an enticing opportunity for those seeking exposure to the AI sector.

It’s important to note that investing in cryptocurrencies carries inherent risks, and individuals should conduct thorough research and seek professional advice before making any investment decisions. The crypto market can be volatile, and prices may fluctuate significantly. Careful evaluation of the fundamentals, technology, and potential risks is crucial when considering investments in projects like Cardano (ADA) and InQubeta (QUBE).

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