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.


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...

Do you really earn money with Pancakeswap?

4 Mar 2021 1 minute read 2 comments Cryptofab

While I was putting some coins on Pancakeswap, a thought came to my mind: if I believe in the potential of a coin, why would I put it in a liquidity pool which will reduce my gains due to the impermanent loss? I think there are three cases: a) You th...

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...

In the shadow of Nakamoto

20 Mar 2021 2 minute read 1 comment alquimista1501

A title that does not refer to the origins of the mysterious creator of Bitcoin (BTC), much less the formulation of some kind of theory. This article is built based on the interesting rise that the Cardano token (ADA) is presenting and its surprising...

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...

HUGE NEWS for CRYPTO : BITCOIN, RIPPLE XRP, BAT BASIC ATTENTION TOKEN, ADA CARDANO, New CONTRACTS, US SEC

5 Mar 2021 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Usually, I like to make quick articles for my YouTube videos. Today, I go more in details.. Let's speak about all the Good news: After Tesla shares plunged, Goldman Sachs bank wants that Elon Musk and Tesla sell their BTC. I think they won't do that...

Smart contracts coming to Cardano (ADA) blockchain

26 Mar 2021 1 minute read 2 comments zev

Smart contracts are said to be coming this spring to Cardano blockchain. Alonzo testnet will allow developers to write smart contracts and deploy them as dApps. For now only for testing purposes though. The mainnet on the other hand is announced to b...

What will happen after this fork in Cardano?

2 Mar 2021 1 minute read 11 comments @Yari_2327

Considering Cardano as a third generation category after Bitcoin and Ethereum, was one of its great beginnings to move forward, mounting on these a way to facilitate smart contracts, making it more accessible to all users in the world.So what can we...