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

Cardano (ADA)

271 Articles 1062 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.

Coinex Buys Back and Burns CET Tokens

10 Apr 2020 1 minute read 0 comments kingscrown

Exchanges now often have their own tokens and ofter chain and Coinex is one of those places. Lately, they did a buyout and burn of supply of CET 19,182,420 CET in total were repurchased and then burnt on April 1, 2020. This way the coin value rises a...

Bitcoin: A new gold standard ?

10 Apr 2020 1 minute read 3 comments Gamma

BTC at $100,000 in the year 2020 ? In the face of this crisis, the world's economies will have two choices: to face high inflation, or to reduce the intrinsic value of their currencies by themselves, once this wall is reached. If they choose this opt...

My short term XRP prediction $0.18 Maybe ? UPDATE

10 Apr 2020 1 minute read 0 comments skyislimit

We said last time "As you see as long as we stay over ascending line price can go up. Still, strength is I the market for XRP  and our resistance again stays at $0.2050 level but now Support is $0.1850. It may be a few day's prices are coming down bu...

BITCOIN (BTC) My short term prediction UPDATE (IMPORTANT)

10 Apr 2020 1 minute read 0 comments skyislimit

Let's look at BTC /USD Daily chart BTC last 4 days try to pass Resistance point of $7400 but rejected. and also started trading long term ascending line which was like a support line to go up. Market weakness is continuous and BTC starts coming down....

Coinbase and Visa: Payment in cryptocurrencies

10 Apr 2020 1 minute read 0 comments Gamma

Visa and Coinbase are taking a step forward in this regard, placing the cryptocurrency exchange among the core members of the Visa network. This merger will allow an in-depth review of the debit card initially proposed by Coinbase. The news should so...

Cardano Taps South Africa to Boost its Economic Growth with Blockchain Tech

9 Apr 2020 1 minute read 3 comments Abhi K

The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA), with the goal being “exploring further ways to expand its footprint in the region”, according to the official release published on April 7. SA...

Mass Adoption: Because the Current Fiat Model is Not Sustainable

9 Apr 2020 2 minute read 0 comments bettercallpaul

The Current Fiat Model is Not Sustainable by W. Paul Alexander [JACKSONVILLE, Florida | 04/03/3030] As the world economy slows and gets ready to enter into a post-COVID19 recession, Bitcoin is regaining its original losses Signs are pointing to...

Apple: He complains that he "made him gay"

9 Apr 2020 1 minute read 5 comments Gamma

  He wishes to remain anonymous, claims one million rubles 14,000 euros in damages He says he downloaded a cryptocurrency app from the Apple Store and received a transfer of 69 "GayCoins" instead of the bitcoins he ordered. The transfer was accompani...

Scam: Internet investments dismantled

9 Apr 2020 1 minute read 0 comments Gamma

A Big Scam  6 million euros. Bitcoin, diamond or gold scam,  85 people in France and Belgium has been dismantled thanks to international police cooperation. The scam consisted in proposing to the victims, solicited by telephone, to make a first inves...

What's Cardano? Learn how To buy, swap, and store ADA inside atomic wallet!

9 Apr 2020 2 minute read 0 comments Shariful02

What's cardano (ADA)?   Cardano is a decentralized platform for financial decentralized applications. It has it's own native asset called ADA. The system is mainly familiar to Ethereum and Bitcoin, but has some unique features. Cardano features: Ouro...