Cardano (ADA)

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Cardano (ADA) is a cryptocurrency and technological platform created by Charles Hoskinson, co-founder of Ethereum, in 2015. It is a decentralized platform that will be capable of running financial applications currently being used by everyday individuals and businesses. It was designed to tackle the problem of scaling that Ethereum currently faces.

The key feature of Cardano is the sheer amount of due diligence and care that goes into building the project considering that it is watched over by 3 organizations: The Cardano Foundation, the non-profit regulated entity; IOHK, a research and development firm created by Hoskinson to build financial services using blockchain; and Emurgo, a Japanese company that develops and incubates commercial ventures who want to revolutionize their industry using blockchain.

Cardano is also described as an evolution of blockchain into the third generation. The first generation blockchain was Bitcoin, allowing the secure and direct transfer of value between two parties. The second was Ethereum, allowing smart contracts to be run on top of the blockchain. However, these two generations presented many problems such as scalability and sustainability. Cardano is a third generation blockchain that intends to solve the problems of scalability, interoperability and sustainability.

ADA is the cryptocurrency behind the entire Cardano project and is the unit of transfer on the network. The entire project is special because it is built on scientific philosophy and peer-reviewed academic research thus creating High Assurance Code - a higher quality of code compared with non-peer-reviewed code. The Cardano team do not follow a roadmap, instead they follow a set of principles and philosophies that everybody must adhere to. This may create high confidence code, however, this also creates an issue of very long development periods.

In this tag you can discover Cardano (ADA) news, price prediction, opinion and analysis created by users.


Japan's majority party will propose the introduction of a state cryptocurrency

1 day ago 1 minute read Roberto D. $0.26 tipped

Reuters, with an article published a few hours ago, reports that the ruling party in Japan intends to propose the issue of a digital state currency; about 70 MPs from the majority party are promoters of the proposal for the launch of a digital Yen. T...

The Gemini cryptocurrency exchange receives SOC2 rating for its custody services

1 day ago 1 minute read Roberto D. $0.10 tipped

Gemini, the New York cryptocurrency exchange founded in 2014 by the twins Cameron and Tyler Winklevoss, has just completed a type 2 SOC (acronym for Service and Organization Controls) evaluation; the news, even if expressed in somewhat obscure langua...

Up to 1 BTC just by daily login - No Documents Needed

2 days ago 1 minute read kingscrown $0.48 tipped

Chinese new year is coming and many exchanges make bonuses. Sadly some of them are hardcore to take part of ie on BitMax you have to reffer people, make them do KYC and then you and referrals (and those who you invite) as a group have chance to win p...

ADA Cardano presses the accelerator and anticipates the Ouroboros hard fork in mid-February

4 days ago 1 minute read Roberto D. $0.35 tipped

The news was disseminated directly by Charles Hoskinson, co-founder of the project and currently CEO of IOHK (one of the three entities of the triumvirate that guides the platform), during a live streaming on 17 January; the CEO said he was convinced...

Battle of the Smart Contract Platforms - Ethereum vs EOS vs Cardano

4 days ago 7 minute read cam_elica_24 $8.66 tipped

Image Source: Bitcoinist The rise of blockchain technology has revolutionized pretty much everything around us. But while bitcoin and other cryptocurrencies showed us that it was indeed possible to facilitate decentralized peer-to-peer payments, it...

Davos 2020: Cardano forms a new partnership with IBM

5 days ago 1 minute read zogintl $0.29 tipped

  In his latest video published on YouTube, Charles Hoskinson, CEO of Cardano, delivered some important updates on the ADA blockchain, including a new partnership with IBM. The video was published on January 17th and explains, among many things, the...

Cardano Ecosystem expects O-BFT hard fork to happen in mid-February

6 days ago 1 minute read Tokenhell.com $0.17 tipped

The Ouroborus-BFT hard fork is expected to happen in the next month as the Cardano ecosystem anticipates O-BFT hard fork in mid-February. Cardano blockchain has entered into the Shelley phase. In this phase, Cardano, by implementing the Ouroborus BFT...

Anyone want 1000 USDT?

6 days ago 1 minute read Roberto D. $0.24 tipped

I have been using KuCoin exchange for a long time as it offers the possibility to trade many cryptocurrencies, some of which are unknown but which in my opinion have a good chance of "flying high", mind you I'm not saying that I will get rich or that...

USA to exclude crypto transactions below 200USD from taxes ?

6 days ago 1 minute read kingscrown $0.56 tipped

For time first time since ages USA seems to want something to ease the life of people and proposed to exclude all those small trades and transactions below 200USD from having to be taxed.I feel they saw numbers one can generate yearly with a bot or a...

Help disappeared with my bat balance over 6 $

1 week ago 1 minute read lancelot7 $0.15 tipped

Hello friends I worked hard in the last days creating articles and bringing news there rakeram the site and took more than half of my bats and exchanged them for hydro that is worth nothing return my tips were more than 50 followers that I gained in...