Cardano Joins Linux Foundation as Gold Member


Cardano Foundation has joined as gold member

gimbal announced that he is now a member of the Linux Foundation. According to a blog post, the Cardano Foundation has joined as a Gold member, becoming the only non-profit organization active at this level.

As reported previously, Cardano Foundation Chief Open Source Officer Dirk Hohndel had a fireside chat with Linux creator Linus Torvalds at the Linux Open Source Summit in Austin.

Commenting on this event, Dirk Hohndel said: “The Cardano Foundation is focused on the adoption of blockchain technology, and we strongly believe that building a vibrant open source community around our technology is a key part of achieving this. objective. Foundation, with its outstanding track record as a facilitator of collaboration around exciting open source technology, is the perfect place for us.”

Cardano founder Charles Hoskinson is expected to appear today, June 23, before the U.S. House of Representatives Committee on Agriculture, Subcommittee on Commodity Exchanges, Energy, and Credit.

Hoskinson will testify and answer questions from committee members regarding the hearing titled “The Future of Digital Asset Regulation.” The Agriculture Committee oversees the Commodity Futures Trading Commission (CFTC).

Coincidentally, Input-Output Chief Scientist Aggelos Kiayias will also be speaking at the IEEE Conference on Dependable & Secure Computing today, June 23.

Cardano’s web3 innovations

The Daedalus wallet is the full node implementation of IOG and it is a desktop application. The full node implementation of IOG is a desktop program known as the Daedalus Wallet. IOG says it is creating Lace, which it describes as a “one-stop-shop” for all blockchain operations, to simplify the user experience of the wallet.

Lace is a lightweight wallet that would streamline online banking and serve as a gateway to Web 3.0. Users of Lace will be able to communicate with one another and with businesses directly, exchanging assets and data without the need for intermediaries.

At press time, ADA was trading up 2.12% at $0.473.


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