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.


🔥🔥Crypto Idle Miner Earn HORA token

13 May 2020 2 minute read 5 comments Airdrop Radar

INTRODUCTION: Crypto Idle Miner by Hora Games. The game works like other idle games, where you are required to upgrade certain items, to provide a multiplier to a cash value. Once you reach a certain value, you can “prestige” to start from the beginn...

Do you own some shitcoins? Check the list...

15 Feb 2021 2 minute read 13 comments Cryptofab

I guess all of you have already heard about shitcoins. But what does it mean exactly? According to Investopedia: The term shitcoin refers to a cryptocurrency with little to no value or a digital currency that has no immediate, discernible purpose. T...

Established Projects That Are Currently More Than 90% From ATH Levels!

16 Oct 2020 2 minute read 8 comments Sapphire

A Good Place To Seek Out Potential Investment Opportunities If you have been in the Crypto space a while, you will probably understand the dynamic of getting into new movements and growth sectors early on before the explosion hits. This is a dynamic...

Binance platform: pausing withdrawals and deposits of ADA digital currency for this reason!

21 Feb 2020 1 minute read 3 comments Aldiwani

The famous Binance platform announced the temporary suspension of withdrawals and deposits of the ADA digital currency in preparation for the upgrade of the Cardano network. The Binance platform announcement confirmed its support for the upcoming upg...

Project Catalyst Fund3 Proposal - Aregato - ADA ebook marketplace - Reviews

22 Feb 2021 10 minute read 1 comment Cryptotexty

Fund3 of Project Catalyst is moving to the voting phase (currently there is voter registration, if you have 3000 ADA or more - you can register and vote for proposals). This idea of the creation of the alternative to Amazon Kindle is my long-term ide...

Cardano Price Prediction 2021

4 Feb 2021 2 minute read 8 comments StealthEX

What Is Cardano ADA Coin? Cardano is a multilevel blockchain platform based on Proof-Of-Stakenconsensus protocol and designed for building decentralized applications. The Cardano platform has its own internal coin called ADA. The project started in l...

ADA(Cardano) Review: Ouroborous Praos?

15 Feb 2020 5 minute read 1 comment MadMaxx

I think I have found a true gem. Cardano is a cryptocurrency that was launched in 2017. It's development team had been working on it since 2015, and they felt that the project was ready 2 years later. Cardano claimed(and still claims) to be a thir...

Cardano temporarily stuck on exchanges. Why and what is a possible solution?

3 Aug 2020 2 minute read 10 comments Cryptotexty

If you follow the news from the Cardano ecosystem, you know that hardfork (Shelley phase) happened on 29 July. Since then and up to this date most of these exchanges disabled both Deposits and Withdrawals, it means they didn't implement the hardfork...

Buy the dips, think long term.

5 Sep 2020 1 minute read 4 comments kodi0014

Hey people. A big opportunity lately. Crypto is down and that is bad news for near sighted people. For us Hodlers, it is time to buy.  I expect this crash to go on until 20 September, and during these two weeks (where I expect that on 16-17 September...

MyCointainer, The Automated Staking Ecosystem

7 Mar 2021 6 minute read 0 comments Chriss

The onset of cryptocurrencies came along with impressive innovations such as blockchains, which continue to spearhead their functionalities. Through Blockchains, the concept of transactional throughput is significantly improving on various digital cu...