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.

✔Cardano is trying to build a cryptocurrency chip

4 hours ago 2 minute read 0 comments CIZED🦋

IOHK; The company responsible for developing Cardano's cryptocurrency project is working to develop an open source, low-cost chip. Charles Hoskinson; In connection with the cryptocurrency chip, he explained that the activity of IAVC in the blockchain...

The difference between a MainNet and TestNet

12 hours ago 1 minute read 1 comment Jumble

Introduction A blockchain is an electronic distributed ledger. A blockchain network operates on a “main network”. This is the location where transactions occur. The name “MainNet” is short for main network. Before a change is made to a MainNet of a b...

Top 3 crypto news for the week (LTC, BAT, ADA, DAI)

15 hours ago 2 minute read 6 comments Call me Steven

Alrighty, so, without further ado, let's dive right in. This week's top 3 news on LTC, BAT, ADA and DAI:   3. Atari partners with Litecoin Foundation Saying Atari has been here for a while is an understatement. One of the most iconic names in the gam...

Cryptocurrency Updates - 24/05/2020

19 hours ago 1 minute read 0 comments Gamer boy1110

      Binance Mobile Apps Updates for iOS & Android Binance released iOS App Version 2.12.0 Android app version 1.22.3 Details:   Monero (XMR) Released GUI Version   Update Nitrogen Nebula, GUI   Update here:         Tezos Development AMA...

The Covid-19 Vaccine Might Cause the US Market to be Bullish and Stronger.

23 May 2020 1 minute read 1 comment drmudpro

The Covid-19 pandemic seems to be still making waves in the US, right now Corona cases are 1,9M and 403,000 recovered but the death toll seems to be increasing rapidly from 78,000 last week to 97,000 this weak. With this, the economy might be on its...

Cardano Is Working On A Microchip That Would Give Crypto A Money-Like Experience

23 May 2020 3 minute read 2 comments PassionCryptodotcom

Cardano is working on a crypto-native microchip that would allow cryptographic transitions without Internet access, potentially providing a fiat-like experience to hundreds of millions of people worldwide. In a recent interview, Charles Hoskinson dev...

Cardano's Researching a Microchip That Enables Crypto Without Internet Access

22 May 2020 1 minute read 0 comments Abhi K

Cardano (ADA) founder Charles Hoskinson, in a recent interview with CoinTelegraph, revealed that the IOHK team was working on a microchip that would facilitate cryptocurrency transactions without the need for internet access.  The chip is being resea...

The Effects of Too much coin Supply?

21 May 2020 1 minute read 2 comments drmudpro

Now Crypto market seems to be dominating the world, there are more than 1000 different types of coins on the market right now. Companies go through ICO then after they go on IPO were they will be offering it tokens/coins to the public. Whenever a cry...

Major Difference Between Ripple, Bitcoin & Other Crypto Coins

21 May 2020 1 minute read 0 comments drmudpro

Ripple is not too volatile as compared to Bitcoin, its a bit stable as a result of its huge maximum coin supply. Ripple is the name of the owning company and the crypto name is XRP. It was released in 2012, it is an open-source protocol that supports...

Cryptocurrency Updates - 21/05/2020

21 May 2020 1 minute read 0 comments Gamer boy1110

Binance to  Launch the Bitcoin Pizza Day Promotion - won up to $50,000 in BNB   Activity period: 2020/05/22 0:00 AM to 2020/05/29 0:00 AM (UTC).   There is three type of reward  Regular pizza : Reward - 10,000 USD  Large Pizza : Reward - 25000 USD Su...