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.


Are you aware of Binance lending ? Easy passive cash.

3 Apr 2020 1 minute read 0 comments kingscrown

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Everyday getting free lots of crypto including Ethereum and Bitcoin

3 Mar 2020 1 minute read 8 comments kengtong

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11 Apr 2020 1 minute read 1 comment Call me Steven

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20 Jun 2020 2 minute read 2 comments Lodhfiaz

Recently, I read the Outliers Ventures' report (here) and this report will surely interest you a lot since it contains a massive amount of information on many blockchain project and especially about the work of the developers. I think each of us is m...

Cardano is the hottest smart contract of 2020

28 Jun 2020 1 minute read 1 comment Vms_Crypto

In 2017-2018 smart contracts were considered the next big thing in crypto. This stood to prove true as we saw Ethereum make astronomical gains in those years peaking at around $1,400 per coin, making early investors into millionaires. It seems the hy...

Bitcoin: A new gold standard ?

10 Apr 2020 1 minute read 3 comments Gamma

BTC at $100,000 in the year 2020 ? In the face of this crisis, the world's economies will have two choices: to face high inflation, or to reduce the intrinsic value of their currencies by themselves, once this wall is reached. If they choose this opt...

Cardano cryptocurrency completes spectacular growth phase

2 Jul 2020 1 minute read 1 comment World Crypto

Cardano (ADA) has been growing since the beginning of April, but the uptrend has begun to show signs of weakening. The couple is probably already approaching its ceiling. Long term chart From August 2019 to April 2020, the ADA rate consolidated arou...

Day 12, 26-JAN-2015: I own my first ₿ 0.14706775 !

28 Jun 2020 3 minute read 10 comments Cryptonsula

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Tether printer works like a charm

1 May 2020 1 minute read 3 comments kingscrown

Teher is printing money like crazy, this month done $999,000,000 which is more than whole TRON marketcap. Yes guys from Bitfinex could buy all TRON in the world for "free", Plenty of those this month and they still have a few days. One of twitter us...

Coronavirus Stimulus Checks: The Comprehensive Guide for Individuals and Businesses

28 Mar 2020 10 minute read 0 comments bettercallpaul

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