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.

Why Bitcoin Will Rise To $500k

9 Feb 2021 1 minute read 0 comments Miner43

Tesla, a multi-billion dollar company owned by elon musk, has officially made a purchase of $1.5 billion worth of bitcoins. This is good news for bitcoin holders, but very bad news for first-time bitcoin investors. As the richest man in the world pur...

TOP 5 CARDAN WALLETS - Keep your coins safe

9 Feb 2021 3 minute read 0 comments gainer

Cardano is one of the most popular cryptocurrencies in the world. But how to choose a suitable wallet to hold it? Maybe our small analysis of the TOP 5 wallets for Cardano (ADA) will help you Cardano (ADA) and brief info The Cardano project was foun...

IOHK to Onboard 100 Million Users into Cardano (Africa Government Deal)

9 Feb 2021 1 minute read 0 comments Plue

As we are all patiently waiting for the Cardano Africa Special to be unveiled, an interview with John O’Connor, IOHK’s Director of African Operations revealed that a BIG Government deal will most likely be closed by the end of February.    "What I ca...

A New Competitor to Ethereum in Decentralized Finance

9 Feb 2021 1 minute read 2 comments natalia-irish

That overhauling Ethereum 2.0 would lead to higher efficiency, better adaptability, and more security for Ethereum, he decided that all of this would contain Chairman Cardano's plan for the decentralized account. DeFi and Dapps are the business secto...

5 Reasons I'm always extremely bullish on Cardano for the future (ADA)

8 Feb 2021 2 minute read 2 comments Colbz1275

Some of you may have heard of Cardano recently. It actually just moved up to 4th spot on the CoinMarketCap rankings overtaking XRP (Ripple) after seeing a roughly 100% increase in token price over the last 7 days at the time of writing. Some of you m...

3 Altcoins To Keep Tabs On — LUNA, ZRX, ADA | KuCoin Weekly Review Issue #8

8 Feb 2021 2 minute read 2 comments KuCoin Blog

One of the biggest stories from the past seven days is that Bitcoin once again surpassed $40,000, hitting a total of around $40,964 towards the end of the period. KuCoin’s own KCS went from strength to strength as well, increasing over 45% in the wee...

Daily Thoughts Heating Up #1

7 Feb 2021 1 minute read 0 comments BryRi

If you have been on or heard of you will see there is a community called, "Freewriting". The topics are open and the intent is to sit down and start writing for 10 minutes, unscripted, and more importantly less edited (other than spelling,...

Told you So - Cardano

7 Feb 2021 1 minute read 3 comments Myten

Good day   I hope that everyone that did read my post in mid december got their hands on some Cardano (ADA)   After the hard fork now on Feb 3rd the value have increased. If you seek some fast profit you should get on the train and sell soon but if y...

CrypTalk (04): The Advancing ADA

7 Feb 2021 3 minute read 9 comments Jane1289

Cardano (ADA) is a fast-growing blockchain asset in the cryptocurrency industry attracting many investors. It's currently in rank #6 in CoinMarketCap with a price of $0.437833 and it is up 4.61% in the last 24 hours. It has a market capitalization of...

Cardano Cryptocurrency coin ( ADA) analysis

7 Feb 2021 1 minute read 0 comments Ayman Khalil

Cardano Cryptocurrency Coin( ADA ) is trading now in an uptrend Direction & completed our predicted target   The last analysis about Cardano (ADA) Cryptocurrency was our target to hit & exceed the area of $ 0.48500 to fly above the $ 0.52000 range  ...