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.


Cryptocurrency Updates - 11/05/2020

11 May 2020 1 minute read 1 comment Gamer Boy1110

Dash and Kucoin Celebrate Partnership: Deposit to earn Dash   Win  0.66 Dash for First deposits Win share of 80 Dash for deposits  Details:   LiteCoin Are Migrating His Wallet from LTC Electrum  to Bitgo     Migrating From LTC Electrum Multisig to...

What is Cardano (ADA)? How it works?

28 Mar 2020 1 minute read 0 comments PrisonedBus9641

Cardano is a decentralized public blockchain from which the ADA token is issued. The project involves the development of smart contract platforms and aims to compete with Ethereum by allowing faster transactions. The CEO of the company that created i...

Hoskinson: Cryptocurrencies like Cardano will replace the USD as the world's leading currency

3 Mar 2020 2 minute read 0 comments @jesstop

Charles Hoskinson said in his opening speech at the World Economic Forum in Davos that the dollar is being replaced as a world reserve currency. A new international currency that is fair to all, not only for the big financiers, but also for anyone...

Hoskinson: The Cardano Code Base On A Level With NASA And SpaceX

1 Jul 2020 2 minute read 0 comments PassionCryptodotcom

Hoskinson explains that Cardano has the best code ever written in the history of computing. According to the CEO of IOHK, Cardano eliminates all the teething problems and problems that Bitcoin and Ethereum bring. Cardano is known as the third gene...

Trading bots: what they are, how they work and why use them

5 Jun 2020 3 minute read 2 comments Roberto D.

In this article we will explain what trading bots are, what they are for, why they are useful and I will suggest some of them. If you are not interested in the explanation, just go to the paragraph "My trading bot" and jump directly to the recommende...

Cardano ADA and 2020 Stablecoin Market?

15 Feb 2020 2 minute read 0 comments TiddyBit

Opinion: Cardano what can I say. It has its problems but it still looks optimistic. I was lucky enough to gain entry around 3-4 cents before test staking came out right at its bottom dip around December 2019. With all of its news and hype that is gre...

CARDANO ( ADA ) Short Term Price Prediction

16 May 2020 1 minute read 0 comments skyislimit

  Let see what we said last time we did  ADA Prediction"After having strong rally ADA passes over $0.05  Resistance level and almost to reach $0.055 level but right after that it got rejected and all the way back to $0.04980 level currently,...

Cardano (ADA) to the Moon ?

8 Jul 2020 1 minute read 4 comments Lodhfiaz

Like every morning, I was quietly carrying out my crypto routine while drinking a little coffee when something jumped out at me. Looking at the capitalization ranking I noticed that Cardano (ADA) has moved into 6th position. So I rubbed my eyes a li...

Top 6 staking coin for this summer

15 Jun 2020 3 minute read 3 comments Cryptomeitei

The altcoin season has already started. And its time to make use of POS consensus in full function.Hence choosing the best Altcoin with high potential which can make big passive income is an  important strategy.Specialy this june we have seen a lots...

Advantages and disadvantages of Cardano cryptocurrency (ADA)

31 May 2020 1 minute read 1 comment AnAn

1.Advantages: Has a strong development team. The founder has experience collaborating on other successful projects like Ethereum and BitShares. The first blockchain has more than one layer (settlement layer and computing layer).There is no limit on s...