Cardano (ADA) News, Price Predictions, Opinions and Analyses Created by Users

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.

Weekly CHIA Update #5

11 hours ago 3 minute read 0 comments k1ll1van1ll1

Allright.. what a week! So this week transactions with CHIA went online and for me it was a big success! I can't believe 1 XCH is still worth about 1000$, I thought we will be in a 20$ region!  I remember getting some downvotes and bad words when I p...

CHARLI3, Cardano's Chainlink?

23 hours ago 3 minute read 0 comments ChildOfTheMany

Seeing as how I have waited for what feels like forever for Smart contracts and dapps to be developed on Cardano. I have naturally been elated lately with talks of the Alonzo upgrade in summer, and with Cardano's Ethiopian government partnership that...

10 May 2021 (MON)- Cardano (ADA) Daily Risk Report

10 May 2021 5 minute read 2 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...

SEGA Says That Its NFTs Will "Almost Definitely" Involve Harm to Animals

10 May 2021 1 minute read 5 comments Crypto Alphabet

Following concerns over energy consumption, SEGA says that its line of NFTs will rely on a renewable energy source: animals. Going forward, transactions involving the cryptocurrency NFTs will be powered by woodland creatures locked in mining machines...

Manage your Netflix, Spotify, Disney ++, and other paid subscriptions and earn REVU

9 May 2021 3 minute read 0 comments ChildOfTheMany

  So if you are anything like me, you have a paid subscription or two. Netflix, Spotify, , Apple TV, Linkedin and many more offer these services for our convenience, but none the less it can get hectic and become a hindrance come time to manage, pay,...

Revuto: One-Stop Solution for all Subscriptions

9 May 2021 5 minute read 6 comments warliezdiaz

A lot of millenials and zoomers have subscription to either or both Spotify and Netflix. This subscription model allows us to test a product or service without committing and full paying the full price unlike the generations before us who really need...

I'm Staking DUTCHY for CARDANO!

9 May 2021 1 minute read 2 comments CodyMac50

Several months ago, I joined a site called DUTCHY Corp. They have what they call Final AutoFaucet. Being a member for so long I have reached level 42 and have had two cash outs so far. The first, was my almost 12 TRX. My second was 50 Feyorra, or the...

Cardano Aims to Return to Top 5

9 May 2021 1 minute read 1 comment Nath Jr

Cardano, which many people believe as the next ethereum is on the verge of returning to top 5 by market cap. The gap between ADA and Tether (USDT) has narrowed to less than one billion. Currently Cardano is the second best performing crypto currency...

Revuto - Manage your money with this service!

9 May 2021 1 minute read 0 comments Dominus_Imperium

Hello guys, welcome again to my post where i show you how to earn passive crypto. However today i have some thing new that i came across and i beleive that this wil help all of you regradless of age to manage your finance effectively. Revuto This is...

Single Pool Alliance: What it is and Why it Matters

8 May 2021 2 minute read 0 comments Arkemmus

  Many of you know that Cardano does not use mining to validate its transactions and secure the network, but instead, it has a Proof-of-Stake mechanism called Ouroboros. This protocol aims to provide stability, scalability, and security with minimal...