The Rowlingstone Weekly Report Hello, Quoc-Khanh, thank you for reading our newsletters and for your ongoing support. We appreciate the massive amount of attentionl. Thanks!



Loopring Exchange Listings

The team from Loopring is in the process of getting LRC listed on more exchanges. They are in contact with multiple exchanges and will be relisted on Binance soon. Exact date still unkown.



In the meanwhile Loopring wants to get listed on Poloniex, and we need to show some volume... So, we made a link to the Poloniex Google form that pre-fills the form with Loopring's info. All you have to do is click send.



If you would be so kind :) LINK TO FORM



Ok - now onward to the newsletter! Share Tweet Forward



The team are developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed and seeks to evolve out of a scientific philosophy and a research-first driven approach.



There are three organisations that are contributing to the development of Cardano. The first is the Cardano Foundation, an independent standards body based in Switzerland with core responsibilities to support the community of Cardano users and to work with authorities on regulatory and commercial matters.



The second entity working on Cardano is IOHK, a leading cryptocurrency research and development company, which holds the contract to develop the platform until 2020. The final business partner is Emurgo, which invests in start-ups and assists commercial ventures to build on the Cardano blockchain.



The project is well funded and comprises of a global collective of expert engineers, researchers scientific and theoretical academics and legal counsel who have come together to create the Cardano Blockchain platform.



The Goals of the Cardano Foundation are to: To Study and Propose Blockchain and Cryptocurrency Regulation

To act as a Blockchain and Cryptocurrency Standards Body

To Protect, Enhance and Evolve the Cardano Ecosystem

To Aggregate, Educate and Grow the Cardano Community

To Serve as an Objective Organization for Enterprises to Join There is an exciting new Blockchain project that has burst onto the scene… Cardano is a decentralised public Blockchain and cryptocurrency project that has been built from the ground up and is fully open source.The team are developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed and seeks to evolve out of a scientific philosophy and a research-first driven approach.There are three organisations that are contributing to the development of Cardano. The first is the Cardano Foundation, an independent standards body based in Switzerland with core responsibilities to support the community of Cardano users and to work with authorities on regulatory and commercial matters.The second entity working on Cardano is IOHK, a leading cryptocurrency research and development company, which holds the contract to develop the platform until 2020. The final business partner is Emurgo, which invests in start-ups and assists commercial ventures to build on the Cardano blockchain.The project is well funded and comprises of a global collective of expert engineers, researchers scientific and theoretical academics and legal counsel who have come together to create the Cardano Blockchain platform.The Goals of the Cardano Foundation are to: Interestingly the team was founded by Charles Hoskinson who was the original CEO of Ethereum and who stands by the original ethos of Ethereum Classic. Jeremy Wood, another former Ethereum Executive, co-founded the foundation and works alongside Charles as is Chief Strategy Officer.



They have put together a global team of developers working in Hong Kong, Japan, Ukraine, Russia, UK and Argentina who have been working on the platform since 2015. The group have studied all 1000+ existing crypto projects and have taken the best ideas forward into their new platform.



All phases of the development cycle have been peer reviewed and the aim of the team is to create the best Blockchain platform possible. Cardano is a smart contract platform, much like Ethereum, but it is built on layers which allow the facility to upgrade and expand through the use of soft forks. This makes the need for hard forks unnecessary which is a blessing after all the drama and uncertainty that this has brought with other projects in recent times.



The Settlement layer is where the crypto currency resides and currently this is representing the Cardano ecosystem. The currency is called ADA named after the mathematician Ada Lovelace who created the first algorithm intended to be used by Charles Babbage’s Analytical Engine. She is recorded as being the first computer programmer in history. The Computing Layer is where the smart contracts are built and the Application Layer is where the Blockchain applications reside.



The team state that Cardano is going to be a secure, flexible and scalable Blockchain technology which is backed up by science and mathematics. Through the peer review process ADA has gained acceptance as being one of the first proof of stake coins that has provable security.



There is even a separate team of four developers who are dedicated to the development and maintenance of the ADA wallet (called Daedalus). One of the best features about the wallet is that you don’t have to download the entire chain and allows you to do what is called ‘checkpointing’.



This essentially lets you come into the chain where you started at so you don’t have to download the prior chain which is an awesome feature. The proof of state feature encourages honesty and long term participation.

The code is fully open source and the team are very active on Github. https://github.com/input-output-hk/cardano-sl



Through consensus and research, the team have developed the platform foundation using the Haskell protocol which is a proven programming language which has been around for a while. It offers distributed, cryptography superior security with a high degree of fault tolerance.



In addition, the twitter and telegram chats are very active which currently keep followers up to date on all developments.



So why haven’t we heard about Cardano before? The answer to this question is because the ico was launched in Japan with an emphasis on the Asian market. This is why the project launched so strongly on Coinmarketcap out of seemingly nowhere.



Cardano are entering a very competitive space but are bringing a lot to the table. They are currently listed on Bittrex and there are plans to sell ADA it out of ATM machines in Japan. You can even get an ADA debit card.



This is a really impressive company who will become serious competitors to the leading Blockchain technologies currently in the market space (and emerging ones). They have a strong team but are also hiring so there is a lot of room for this project to go. Cardano put a strong emphasis on transparency, being open source and striving to become the best Blockchain possible.



Rating:

Technology: 10

Team: 9

Research & Development: 10

Scalability: 10

Security: 10

Wallet: 9

Community: 8

Overall: 9.4 Share Tweet Forward Kucoin is a new exchange platform based in China. Kucoin.com is a bit like Binance. They operate from China, but their main market is internationally orientated. Kucoin is the token that you use on the platform for transaction fees (like Binance).



In contrast with Binance, Kucoin has a referral program that receives 40% of the gathered platform fees. 10% goes to the platform for operational costs and the other 50% generously goes to Kucoin holders as a bonus. The referral bonus itself can become a very nice passive income stream, and along with the Kucoin holder bonus this is a very interesting offer indeed. Also, at this time if you trade at Kucoin Exchange you receive 80% discount on your transaction fees, but remember this is a temporary offer. The team involved is an all-star team. There are people on board that worked on Antshares, Alibaba execs and so on. Very talented marketers and technical people involved. Highly connected bunch of people and we expect this one to go into new heights very soon.



This exchange is all about giving back and building long term value & stability. Next week we'll do a more in depth analysis of Kucoin.



Rating:

Technology: 7

Team: 9

Research & Development: 7

Scalability: 8

Security: 5

Wallet: 7

Community: 8

Overall: 8.2



Thanks for reading!, This edition might read a bit short... That's because behind the scenes we are very busy setting up the business for Rowlingstone! There are more things underway that will be revealed very soon.....



For now enjoy this and our previous reports and stay tuned! We will be back next week with another report. The above is not financial advice, we do not take any responsibility for your financial decisions or investments. Always do your own research.