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from Crypto Weekly
by Cryptoweekly
Crypto Weekly
WOMEN IN
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Crypto
With the Crypto World opening up to the masses new research has shown that 26% of Investors in the US are women.
Over time, women have continued to enter the cryptocurrency industry, and the men’s cryptocurrencies club is finally opening up. Women play an important role in the blockchain and all related sectors like NFT, DeFi, and cryptocurrencies. 2020 saw an increase of almost 43% in women now working in digital currencies; today, they represent 26% of crypto holders in the United States. 53% of all people who want to learn about digital currencies are women. There are new trade and financing initiatives to help drive women’s participation within the blockchain. Women are using digital currencies to have more control over
Cardano smart contract
The long-awaited Cardano smart contract functionality will finally be implemented on the mainnet on the 12th of September. Input-Output (IOHK), the development team behind the Cardano blockchain, confirmed this in a recent tweet, saying the Alonzo hard fork marks the “start of an exciting new phase in our development as a #smartcontracts network.”
Cardano smart contract update submitted successfully
In the tweet thread, IOHK announced that the update proposal for the Cardano smart contract was successfully submitted on the mainnet. This will “trigger the hard fork combinator even on Sunday.” Already there are Cardano smart contracts running on the testnet, including MinSwap and SundaeSwap. However, the successful launch of the Alonzo hard fork, via Cardano’s unique hard fork combinator (HFC) technology, would bring this smart contract functionality to the mainnet. It will also introduce compatibility upgrades across Cardano’s software stack.
MinSwap, the first decentralized exchange to run on the Cardano mainnet, encountered a concurrency issue that meant only one user could interact with the protocol at a time.
People began speculating that the Cardano smart contract can’t hold with such an issue. However, IOHK recently addressed the claims, pointing out that Cardano uses a novel ledger approach that requires a different operational mechanism, unlike other protocols based on different blockchains like Ethereum. Already, solutions to the problem have been proposed, and some protocols on testnet were able to bypass the concurrency issue, including SundaeSwap.
their finances. Cryptocurrencies are anonymous and are ideal for women to escape from bad relationships where the significant other in the couple has gained financial control. Many women have become outstanding and savvy investors in cryptocurrencies. For example, in India, about 15% of customers in cryptocurrency transactions and exchanges were women, this number has increased in 2021, where it is already over 20%.
The Wall Street Journal has reported that one in four Robinhood app clients who trade digital currencies are women. The eToro Group digital trading platform also had similar findings, where they reported that since 2019, women’s participation in trading had doubled to almost 20%.
