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Emurgo, a prominent arm within the Cardano (ADA) community recently announced the release of Tangata Manu, the Cardano chain target="_blank" rel="noopener noreferrer">adoption of Cardano blockchain, which aims at adding value to ADA holders by building and investing in projects initiated by organisations that adopt Cardano’s system and ideology into their ecosystem.
According to Wikipedia, the words “Tangible Manu” simply mean “bird man”. Tangata denotes human beings while Manu stands for “bird”.
Purpose Which Tangata Manu Will Serve for Cardano
Cardano (ADA) moves by day in its quest of improving its system for necessary recognition and adoption. Also, Emurgo is actually serving the purpose of its emergence by coming up with tangible projects that have direct and positive impact on Cardano Blockchain.
The release of Tangata Manu is another means initiated to make Cardano Blockchain data easily accessible, after being imported into database storage such as Postgres.
According to the info dispatched via Github, the major aim of inventing the product is to make provision for the main middle-layer functionality. The connection of new custom target="_blank" rel="noopener noreferrer">nvm is recommended for the installation. In terms of development, Docker is recommended, as well as application of local installation, but only one of the two options is notably advisable.
In terms of configuration, the body stated that “All the environment specific configurations can be found in $PROJ_ROOT/config folder. They are loaded using config package.”
Docker is as well recommended for the swift and well done setup of DB in dev environment.
Situation of Cardano (ADA) and other Cryptocurrencies in the Market
Cardano (ADA) has since overtaken Stellar Lumen (XLM) to occupy 11th position. However, both are actually very close to each other in terms of market capitalisation. At press time, ADA is trading at $0.045505, with relatively 4% price plummet on 24H basis.
The crypto market has been bowing to the bears over the past hours. Other top digital currencies, including the largest coin, Bitcoin, have lost a huge part of their accumulated prices.
Only Litecoin (LTC) has not recorded significant price loss lately. And this has been attributed to LTC indicating positive response to the latest halving conducted on 5th August, 2019.