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Singapore, Singapore--(Newsfile Corp. - November 29, 2021) - Ergo and Waves Enterprise have reached a cooperation since the beginning of November to bring an updated Oracle Pools framework to market. Waves Enterprise brings together enterprises, service providers, and decentralized applications in a trustless environment, utilizing the benefits of a public permissioned blockchain across a wide range of business use cases. Sidechains are used to build private- and hybrid- infrastructures to store metadata on the mainnet.

The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. This joint development opens the door to the possibility of Ergo's oracle data being usable across smart contracts and Dapps in both private and public blockchains.

Additionally, the Oracle Pool model allows for secure data aggregation in a decentralized environment and Ergo's research focuses on balancing the economic incentives for both actors and end-users, and efforts to refine the economic model to balance these incentives is currently in a testing phase.

Ergo is also working to optimize the bridge framework and timing of oracle data delivery in different environments, which will allow for flexible delivery which can be specified as needed, depending on the required use case. Waves Enterprise bridges this oracle data into the enterprise environment.

The future of business will be empowered by fault-tolerant smart contracts and distributed Infrastructure and Ergo's highly anticipated Oracle Pools offers a unique level of security, which is a mission-critical issue that must be resolved if DeFi is to see wider adoption.

The blockchain offers high-level security assurances and Oracles are currently the Achilles Heel in Defi, with single-source oracles creating a chokepoint...

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Written by Ergo Platform.

SingularityNET (AGIX-USD) cryptocurrency is currently on bullish momentum by 48.26% in the last 24 hours. At 13:55 EST on Tuesday, 30 November, SingularityNET (AGIX-USD) is at $0.3243.


Today’s last reported volume for SingularityNET is 9936759, 175.24% above its average volume of 3610125.18.

All-Time High and Low

SingularityNET’s current value is at $0.32, 65.99% below its all-time high of $0.95 on Sunday, 28 January.

SingularityNET’s current value is at $0.32, 4225.07% above its all time low of $0.95 on Friday, 13 March.

Market Cap and Supply

SingularityNET’s current market cap is at 316155778. The total supply is 1,000,000,000.00, maximum supply is 1,000,000,000.00, and the circulating supply is 975,795,966.35.

SingularityNET (AGIX-USD) Range

Regarding SingularityNET’s daily highs and lows, it’s 54.41% up from its trailing 24 hours low of $0.2100 and 1.33% up from its trailing 24...

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Written by Via News Editorial Team.

  • Smart contracts and network scalability has been Cardano’s challenge.

  • Despite this, Cardano (ADA) is still showing an impressive performance in the market.

Cardano (ADA) has been through a mix of positive and negative downsides since its inception. Starting from the past, it has been striving to get a smart contract for smooth platform functionality. Also, apart from this, one key thing that Cardano has faced is scalability, according to a report.

However, this makes people keep doubting how Cardano claims to be an Ethereum killer and also a third-generation blockchain. This was seen from the time that the Cardano team started to fight for smart contract acquisition to make the network stand out among the odds in terms of network scalability.

Cardano has already made a significant step forward by tackling some of its challenges. This includes the implementation of the Alonzo Hard Fork Upgrade, Basho, Mamba, and other network extensions for betterment. Seemingly, all these appear not to serve as a catalyst to solve Cardano’s underlying tragedy.

Mention to the community what are technical challenges openly but not in a sense of FUDing but rather that some solution needs to be found. This could also be a good thing because some community members in the spirit of the decentralized brain could start looking for solutions (research) or even start implementing them (development).

Nevertheless, regardless of all these, Cardano is still showing an absolute performance in the market. It keeps climbing ranks while rocking new all-time highs. At writing time, ADA price trades at $1.56 with a market...

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Written by Karikari Daniel.