Monday, June 27, 2022
Home Crypto News Market Cardano Bags Gold Membership In The Linux Foundation

Cardano Bags Gold Membership In The Linux Foundation

- Advertisement -

Cardano has joined the globally recognized Linux Foundation in the capacity of a Gold Member.


Cardano has been a major force in the crypto and blockchain industry. The company has managed to keep upgrading its network, with the next upgrade, dubbed the Vasil upgrade, slated for the near future. Now, Cardano has taken a step to join the Linux Foundation.

The Linux Foundation is a non-profit organization dedicated to supporting a free code society via sharing of innovation and resources in an open source setup. Software companies contribute a great deal to this goal, and that’s why Cardano is joining the foundation.

Following the decision to admit Cardano, the Linux Foundation took to Twitter to announce the development. The Cardano community is overjoyed with the news. Earlier on, a clip from a recent event at the foundation was retweeted by Cardano’s community handle on Twitter.

What It Means For Cardano

Joining the Linux Foundation is a great play by Cardano in terms of publicity and acceptance as a global force regarding blockchain development. The company’s developer team, IOHK, has made a name as one of the strongest coding teams in the world. This is especially apparent from the many upgrades that the Cardano network has undergone over the past few years.

The move will also popularize Cardano’s products and possibly affect ADA’s price upwards in the future. However, the effects of ADA may not be felt now because of the prevailing harsh market conditions.

- Advertisement -


The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Albert Brown
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Crypto Winter Survival Guide: Frax (FRAX), PAX Gold (PAXG), And RoboApe (RBA)

How long will crypto winter last? That is the question on the lips of every crypto participant right now. Many newbies are scared at...

The Exciting Evolution Of Blockchain Gaming With Xchange Monster (MXCH) & Decentraland (MANA)

The words decentralized finance and game, these two industries have been combined together and from this combination the GameFi sector was birthed. For many...

TRON Price On The Up As Risk Of USDD Depegging Falters

  Tron Price is showing that the USDD depegging pressure is releasing. window.coinzilla_display = window.coinzilla_display || ; ...

Bitcoin Only Line Of Defense Is Holding But How Far? As Number Of BTC Exchange Inflows Increase

  Bitcoin does not have sufficient support below 20,000 dollars. window.coinzilla_display = window.coinzilla_display || ; ...

Baby Doge Coin Team to Burn 50 Quadrillion BabyDoge At Once

Baby DogeCoin Team to Burn 50 Quadrillion Coins Tomorrow After Community’s Approval.  window.coinzilla_display = window.coinzilla_display || ; ...

SEC Chairman Piles Pressure on Altcoins, Says ‘Bitcoin Is the Only One I Am Willing To Say Commodity’ 

For SEC Chairman Bitcoin is the only crypto that is a commodity. window.coinzilla_display = window.coinzilla_display || ; ...

Shiba Inu Soars Above 40% In Seven Days As Unification Brings Shibarium Launch Closer

SHIB has put smiles on investors' faces after its massive rally in the past seven days.  window.coinzilla_display...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.