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

Cardano (ADA)

605 Articles 1493 Followers

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.


Nico's FARM

8 Nov 2020 12 minute read 9 comments SirGerardThe1st

A fictional story written for the DeFiFARMer contest First Part image of Mustangloe in Pixabay   Florence, Italy, September 15, 1497   “Take this as a draft of the report that I have to give to my superiors when they come back for me. “I was left on...

IOHK donates $125K to Haskell Foundation

5 Nov 2020 2 minute read 0 comments odisseo

IOHK, a foundation involved in the development of the Cardano blockchain, has decided to donate $125,000 to the new Haskell Foundation. The announcement of the donation was made yesterday during the "Haskell eXchange virtual conference" event (althou...

Cardano - What an Ambitious Crypto Project!

4 Nov 2020 8 minute read 22 comments The Part Time Economist

Cardano claims to be the first blockchain platform “to be founded on peer-reviewed research and developed through evidence-based methods.” During my research for this article, I have found Cardano to be much more than simply another cryptocurrency. R...

Cardano (ADA). My humble opinion.

3 Nov 2020 1 minute read 2 comments narigon

My humble opinion. As a summary, I can say that Cardano is the technological platform that supports the Ada cryptocurrency. It was born in 2015, with the objective of being the first Blockchain project developed from "a scientific philosophy". This i...

Cardano part of the DeFi revolution

2 Nov 2020 2 minute read 0 comments odisseo

Cardano, with future implementations, wants to become a platform compatible with decentralized finance (DeFi) tools. This is what was announced on the official blog of IOHK.io, the site of the company founded by Charles Hoskinson and Jeremy Wood for...

Cardano's Goguen Testnet Launched and demoed ERC20 convertor

30 Oct 2020 1 minute read 0 comments Keith Thuerk

Cardano's Goguen Testnet Launched and demoed ERC20 converter Recall the Cardano Shelly hardfork was launched in July '20 which brought full decentralization as well as laying the foundation for a ton of new offerings! I know there are a lot of folks...

Cardano (ADA) Fails to Overtake Crucial Resistance Level (TA - 30th of October)

30 Oct 2020 2 minute read 4 comments pheonixdown-dee

Cardano (ADA) has failed to break out above a long-term descending resistance line and suffered a sharp drop after its rejection.   Technical indicators suggest that the price is likely to continue its descent.   ADA Long-Term Bounce Currently, ADA i...

Elections to Cardano Foundation: Opinion

21 Oct 2020 1 minute read 0 comments Cryptotexty

With Project Catalyst, Cardano will have the best governance comparing to other blockchains. Currently, Fund2 of Catalyst is going on, and there is still a lot of work and changes to be done, but the metrics which we can see now (quality and quantity...

This Is Why Cardano (ADA) Has Surged More Than Any Top Coin And Still Has Potential

21 Oct 2020 1 minute read 2 comments moon333

Hey friends, hope you are well and welcome to the new update on Cardano. In this video you will watch how: As per my previous idea, the ADA turned bullish from the potential reversal zone of bullish Butterfly and recovered more than 14000% and becam...

Staking ADA On Your Ledger Hardware Wallet

21 Oct 2020 1 minute read 5 comments Bryan Divisions

  I love my Ledger Nano X for the fact that I am the only one who has ever seen the private keys. Because they've never been inputted into a computer or shown on a screen, this provides me with a ton of peace of mind and security. Unfortunately, not...