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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.


Cardano: A Deep Dive

5 hours ago 17 minute read 3 comments JaseDMF

Dear reader,   As Ethereum raises the stakes and merges into its new identity, the hype surrounding ETH killers may appear to have calmed down somewhat. This successful transition to proof-of-stake doesn’t rule out the competition altogether. One suc...

What Happens To L1 Tokens Today? (03 Oct 2022, Monday)

18 hours ago 8 minute read 0 comments quantdoge

  "What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes m...

OMG Cardano!!

30 Sep 2022 1 minute read 1 comment TwoDogsCaged

As I have written in previous posts, I am new to cryptocurrency. I first found Jasmy, and feel it has a solid foundation and quite frankly am kind of surprised at how it is not more valued than it is at this time.  I like the foundation Jasmy has, ho...

Cardano Project Catalyst - Fund 10 Challenges

30 Sep 2022 1 minute read 0 comments Cryptotexty

As the Fund9 results arrived, we now know the challenges for the next Fund - Fund10. Fund 10 of Project Catalyst starts on November 2, 2022. More than a month to wait, but if you have time - you don't need to wait, you can already study the challenge...

What Happens To L1 Tokens Today? (30 Sep 2022, Friday)

30 Sep 2022 12 minute read 0 comments quantdoge

"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes mac...

5 Years of Never-Ending Innovation — Happy Birthday Cardano!

29 Sep 2022 1 minute read 3 comments ADA Crunch

  Five years ago today (September 28, 2017), the Cardano Blockchain was born. Five years later, the blockchain has gone through many iterations and improvements (including the recent VASIL hard fork). But what is next?   Matsuo Bashō was a haiku po...

What Happens To L1 Tokens Today? (29 Sep 2022, Thursday)

29 Sep 2022 11 minute read 1 comment quantdoge

  "What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes m...

What Happens To L1 Tokens Today? (28 Sep 2022, Wednesday)

28 Sep 2022 11 minute read 0 comments quantdoge

"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes mac...

Cardano Governance - Project Catalyst Fund9 results

27 Sep 2022 1 minute read 0 comments Cryptotexty

Finally, the Fund9 Project Catalyst voting results are now confirmed. This Fund lasted longer, for about one month more, due to technical reasons, but finally, the results are available and you can read them in detail here. In the results spreadsheet...

Cardano conducted its super-important Vasil hard fork last year

27 Sep 2022 1 minute read 0 comments Stormgain

Since the launch of smart contract support, the Vasil hard fork has been a major event for Cardano. The update is designed to increase network bandwidth and reduce developer costs. In just 24 hours, the coin saw its value increase by 5%. The black s...