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.


The Great Altseason Is Inevitable and Human's Greed Will Make It Happen 

26 Aug 2019 9 minute read CryptoChartWizard91 $8.65 tipped

There was once a time when the CNBC Fast Money Program had recommended their viewers to buy Litecoin at a STEEP price of $357.76. LOL. The program had told its investors that it was a great time to buy Litecoin due to the fact that it has a technical...

Is Cardano (ADA) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

5 days ago 6 minute read CryptoBoomer $8.58 tipped

A lot of cryptocurrency projects have emerged since Ethereum showed the world that a blockchain network could be used for much more than payments. If Bitcoin was the king of cryptocurrencies, Ethereum and the countless altcoins that followed were the...

3 Crypto Under 10¢ You Can Buy Today With Huge Gain Potential

9 Aug 2019 3 minute read Chenhuang_defi $6.53 tipped

Altcoins are where the gains are at. Bitcoin is a good long-term HODL, but seasoned investors know that the best gains are made from investing in the right altcoins. Just take a look at Binance Coin (BNB), which has soared in 2019 despite many negati...

Cardano is a Slow Moving Giant That Hasn't Started Rushing Yet

23 Aug 2019 5 minute read yourmitchy $5.78 tipped

In the cryptocurrency industry (or in any industry for that matter) there are 2 ways in which a project can go about marketing their product. I guess you could say both ways work but there very differing opinions on which method should be used. One w...

The Next Wave Of Crypto Enthusiasts Will Buy Into Cheap Looking Cryptos

14 Sep 2019 2 minute read paulOf91 $5.51 tipped

“Oh WoW! CHEAP COINS!! I MUST Have!” This is the conversation I imagine many newcomers will have in the cryptocurrency sphere during the next heavy bull season. Bitcoin will eventually break above the current period of sideways trading and will cer...

Is Cardano (ADA) a Good Investment? Fundamentals, Project Mandate and Long-term Expectations.

31 Oct 2019 25 minute read CryptoBoomer $5.47 tipped

Cardano is a project sometimes referred to as third-generation blockchain. It's a decentralizable crypto-ledger and a transactional state machine which takes advantage of all the accumulated experimental data and trail-and-error of previous enterpris...

Cardano is on a Hiring Spree - A Sign that Gives Me More Confidence in the Project

14 Aug 2019 1 minute read Da_Sound $5.27 tipped

Cardano is a project that has high approval among the cryptocommunity, and even in polls has been shown to have the highest positive sentiment among the many projects in the market. Cardano is building a next generation blockchain platform that is sc...

What is Cardano (ADA)? [A Comprehensive Guide to Understanding Cardano]

24 Oct 2019 7 minute read Mr.CryptoWiki $4.83 tipped

There’s a phrase or two you’ll often hear in the crypto media: “it’s in its nascent stages”, “crypto is still maturing”, “the market is still growing” - something to the effect of cryptocurrencies and blockchain networks needing time to grow and blos...

If You Are holding Ethereum, You Should Also Consider These 2 Cryptos

4 Jul 2019 3 minute read Ravir3z $4.74 tipped

Ethereum is a worldwide decentralized computer. Or at least that’s what it’s trying to be. It has many competitors, most notably EOS and (dare I say it) TRON.  There’s a lot of development left before Ethereum reaches a new level of adoption, like th...

Cardano (ADA) Price Prediction 2020 - $0.15 Possible?

16 Oct 2019 8 minute read CryptoChartWizard91 $4.69 tipped

2019 has been a stagnant year for Cardano as it currently trades around the 2019 lows (as of October 15, 2019) and has not moved from the yearly opening price. Cardano did manage to surge by a total of 195% during the first half of the year, as the c...