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 (ADA) about to explode in next Bullrun?

1 Mar 2020 1 minute read 7 comments valuevision

With its initial impulse ADA make it to over 1$. This is how the latest chart look like: Lets compare this chart to the early LTC chart: What we see in both charts: 1. Initial impulse 2. Retrace 3. Long period with no significant price action   So,...

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...

Crypto Youtubers Worth Watching

29 Jan 2020 1 minute read 10 comments EP

You'll find a lot of "experts" in our world on all kinds of topics. Especially cryptocurrencies. You know that many are not worth listening to. In my experiences, I've watched and heard a lot of different Crypto Youtubers over the years. In order to...

Cardano's Shelley Testnet Blockchain Sees Genesis Block Created

28 Apr 2020 1 minute read 0 comments Abhi K

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...

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...

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...

Paypal , Venmo approved crypto payment , Cardano(ADA) is on big move.

23 Jun 2020 1 minute read 1 comment Kavi

    video credit:  crypto daily update The biggest financial company Paypal is rolling up to launch crypto trading and acceptance in next 3 months .Venmo is paypal owned by, mobile payment company which is working together with paypal . Paypal is...

CARDANO ( ADA ) Short Term Price Prediction

4 May 2020 1 minute read 0 comments skyislimit

Let see what we said last time we did  ADA Prediction"There is a lot of momentum on ADA and it is trading a long time over ascending trend line ad now it is getting too far away up from this line . $0.050 level is definitely strong resistance and it...

Why Bitcoin is not a good investment?

20 Jun 2020 2 minute read 3 comments Mabla

Bitcoin is a decentralized crypto currency launched in 2009 by Satoshi and was valued at $0.02. When it was launched it was a good and lucrative investment but a lot of people did not realize its importance and how rich it can make them. It maybe bec...

Short term my TRON ( TRX ) Predictions

29 Mar 2020 1 minute read 0 comments skyislimit

Today predictions about TRON ( TRX ) , nothing much going on this coin much  but lets look at daily charts This is TRX/USDT  daily chart and as you see $0.123 acts as support and resistance point   and volume is steady . Coming days this coin can go...