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.


Research and Social Engagement for Cardano (ADA) Reach Annual Summits

11 Jun 2020 1 minute read 0 comments PassionCryptodotcom

The research interest in Cardano ( ADA ) is the highest it has been this year have shown the Google Trends data. Growing interest in the promising blockchain platform follows the network's ramp-up and major developments from IOHK, all of which indica...

Ahead of Shelley: How did Cardano become one of the most promising projects of the year?

10 Jun 2020 7 minute read 0 comments Artur89

The long-awaited Cardano Shelley update will be activated on June 30. This was announced at the end of May by project founder Charles Hoskinson. The update activates the dPoS algorithm, adds the possibility of staking to the system and makes the proj...

CARDANO ( ADA ) Short Term Price Prediction (More Weakness AHEAD ?)

10 Jun 2020 1 minute read 0 comments skyislimit

As we said last time it was a correction time for ADA and it exactly as we said and go downside.  All the BTC pairs will go down if BTC starts moving downside as the indicator shows then ADA will move down too.ADA / BTC 4 Hour chart Resistance stays...

MAKERDAO (MKR) RETURNS TO COINBASE AND INCREASES 30% / in other news calls for XRP sale fraud lawsuits to be dismissed - Daily Crypto News recap: Stories you will have missed from (MKR), (DAI), (XRP) & (ADA) BUT NOT TODAY.

10 Jun 2020 5 minute read 2 comments Crypto adict (Manu VZ)

MKR is up 30% in 24 hours after the MakerDAO community vote in favor of introducing "real world" tokenized assets as collateral for loans in Dai.The surge comes after a late May high of 45% for MKR's second Coinbase Pro. The high for the day showed a...

LTC, BNB and ADA cryptocurrency trend

10 Jun 2020 1 minute read 4 comments CryptoChemistry

  Cardano (ADA), with an impressive revaluation in recent days, thanks to the excellent development environment that its chain is experiencing, and with a fixed date for the launch of its next update, known as Shelley. Meanwhile, BNB and LTC have kep...

Number of ADA Cardano Addresses Reaches New Historic Record

10 Jun 2020 1 minute read 0 comments PassionCryptodotcom

After an influx of positive fundamental catalysts for Cardano , ADA price growth has slowed in recent days, with assets consolidating around $ 0.085. That's about a dozen percent below the local highs of $ 0.095. While some have seen consolidation as...

dPoS Mexican Stand-off: Cardano, Ethereum & EOS

10 Jun 2020 18 minute read 10 comments thunderboltkid

  The Good, the Bad and the Ugly, maybe in that order (CARDANO, Ethereum and EOS)?  Well as far as delegated Proof of Stake aka "dPoS" consensus is Concerned, it might just be the case, so read on. (delegated POS for the record, not to be mistaken fo...

CARDANO ( ADA ) Price Prediction - should I sell my ADA?

9 Jun 2020 1 minute read 0 comments BearTrader

Hi all!   I want to show you my view about situation on ADA.   First of all, if you are on gain, on plus - always book a profit.   Watching TA: If I look on the chart of Cardano I would say we are going down, so if you still did not close your long...

CARDANO ( ADA ) Short Term Price Prediction ( IS IT TIME TO SELL ADA?)

9 Jun 2020 1 minute read 8 comments skyislimit

After a long run-up looks like time to go down, it is trading below ascending tren line and volume is going down, time to get some profits. ADA / USDT 4 hours  chart Tried many time to pass $0.085 level but rejected many times too. Resistance stays a...

Cardinal Shelley Public Test Network (ADA) To Open Its Doors To All Pool Operators On June 9

9 Jun 2020 2 minute read 0 comments PassionCryptodotcom

A new phase for Shelley is about to begin, as the testnet for the Cardano staking era   will be open to all stake pool operators on June 9. In May, the "friends and family" testnet was only open to a small group of about 50 bet pool operators who wer...