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.


Cardano blockchain begins to compete with Ethereum

1 Oct 2020 1 minute read 0 comments World Crypto

AI platform SingularityNET is considering a partial transition from the Ethereum blockchain to Cardano. The ADA course welcomed the news. Artificial Intelligence (AI) -based blockchain platform SingularityNET has announced a partnership with IOHK, le...

Want to run a Cardano stake pool? Here is what you need to know

2 Aug 2020 5 minute read 1 comment Ruma

Recently I have received a forwarded mail from my friend asking about my interest in running/delegating a Cardano staking pool. As I  never tried my hand in running a node and also completely unaware of all the prerequisite details that need to be ch...

Cardano (ADA) in a triangle, who would prevail.... bull or bear?

7 May 2020 1 minute read 2 comments Cryptonite

    Hello to everybody, today i want to take a look at Cardano chart the ticker is ADA as you know, this is one of the most capitalized crypto on the market, is also relatively new, I am feeling that in the future this cryptocurrency will be extremel...

Coins under my Radar for September

18 Sep 2020 1 minute read 1 comment Tikyi Khant

Last night,I scanned through many coins listed on Binance for potential swing trading setups and there are 3 good trading setups from TA point of view and 1 coin from FA point of view. So,lets get started 1.Binance Coin (BNB) First of all,this coin h...

Why bitcoin will reach $100,000, explained simply

28 Jun 2020 2 minute read 2 comments Roberto D.

Jesse Powell, CEO of Kraken, one of the longest running and best known exchanges in the world, said that Bitcoin will soon hit $ 100,000. In a recent interview with Bloomberg, Powell has specified that Bitcoin will be an effective hedging instrument...

Cardano's Shelley Testnet Blockchain Sees Genesis Block Created

28 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

On April 26, Cardano (ADA) founder Charles Hoskinson announced that the project had created the genesis block for the testnet version of its Shelley blockchain, which is one phase in its long roadmap to create a next generation blockchain that has st...

Episode 175: 💲💲💲 Germany To Trial Universal Basic Income 💰 EU Crypto❗ FedNow Accounts 🚨🚨🚨

28 Aug 2020 1 minute read 0 comments NewCreationCapital

video: audio:   Join The New Creation Cronies Telegram Group In Episode  175: Germany To Trail Universal Basic Income, EU Crypto, FedNow Accounts. This is today's story. Germany is set to trial a Universal Basic Income scheme EU-wide regulation ahe...

WiIl Cardano beat Ethereum?

16 Feb 2021 1 minute read 2 comments Crypto Blogger

Cardano often called as Ethereum has great potential to beat the Ethereum 2.0. The problems in Ethereum like gas fees, supporting only one programming language(solidity) are expected to be solved by the Cardano. Cardano's 3rd phase is set to be launc...

CARDANO Daedalus Mainnet 1.0. is Finally Ready. Price Surge 20% in 3 Days!

26 Apr 2020 1 minute read 0 comments Lis_23

Some great news for all Cardano's Hodlers!   1.Daedalus Mainnet is ready! IOHK, the company behind the development of Cardano, has launched Daedalus 1.0, the first generally available version of its full node wallet for the Cardano blockchain and its...

BITCOIN CASH ( BCH ) my short term prediction UPDATE

8 Apr 2020 1 minute read 1 comment skyislimit

Let's look at what we said before "Our support stays at $215 level and looks strong support. BTC looks week overall due to low market interest at the moment as the rest of the market but still, it is going up slowly. Volume is picking up but not enou...