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.

5 Crypto Projects Under $0.1 With Huge Potential

24 Apr 2020 20 minute read 28 comments CryptoChartWizard91

Hello, traders! Today I would like to present to you 5 cryptocurrency projects that are priced underneath $0.1 with HUGE potential ahead of themselves. When people see a coin priced at $0.1 they tend to see dollar signs in their eyes as they believe...

Why Cardano is the right investment right now! PART 1. A fundamental look at Bitcoin, Ethereum and Cardano.

27 Feb 2021 2 minute read 11 comments CryptoBible00789

Hi everyone, several projects have reached new all-time highs. Let's have a closer look and find out why I'm bullish on Cardano (ADA). Bitcoin. Price: During Bitcoin's epic price run in 2017, it reached an all-time high of $20,000. This was a 20x mov...

Cardano EXPLODES During Crypto Sell-Off | CTWU (Volume 1.1)

16 May 2021 3 minute read 14 comments REKTimes

Crypto.Think Weekly Update (16 May 2021):  Despite a massive sell-off of cryptocurrencies, currently estimated around $300 billion USD of the cryptocurrency market cap, Cardano has continued to obliterate the rest of the market, moving up a parabolic...

Cardano (ADA) Breaks Above $1 Ahead of Huge Milestones

26 Feb 2021 2 minute read 13 comments GetBlock

Please, note that any information provided below is for informational purposes only and should not be treated as investment or financial advice of any kind. First ‘Ethereum killer’ is going to launch native assets in a week. And what about smart con...

What’s Brewing on Cardano?

5 Mar 2021 3 minute read 9 comments paragism

ADA, the native cryptocurrency of Cardano blockchain, is trading above $1.20 now. On 27th Feb 2021, ADA reached its all-time peak of $1.48. With a $40B+ market capitalization, ADA has flipped DOT, BNB and USDT and it is the third-largest cryptocurren...

ADA Experiences A Bullish Day As It Overtakes BNB For 4th Place

30 May 2021 3 minute read 11 comments Vendata

Cardano (ADA), the public blockchain that has recently gained lots of popularity, has had a bullish day, rising over 10% over the past 24 hours to surpass the native token of centralised exchange Binance Binance Coin (BNB) to take 4th place. Brief An...

5 Ethereum alternative chains you should keep your eyes on

19 May 2021 4 minute read 14 comments CryptoSorted

Ethereum was the first smart contract blockchain that gave birth to a whole new world of crypto such as tokens, dApps (decentralized applications), and DeFi. However, due to its shortcomings (high transaction fees and slow transaction confirmation ti...

Top 8 staking cryptos under 5$ with huge passive income

7 Jun 2020 4 minute read 38 comments Cryptohem

Bitcoin we all know it is the top cryptocurrency of all time. For those who don't have the potential to own bitcoin Altcoin comes into place. Altcoin gives the opportunity to earn passive income by developing a mechanism called Proof of Stake (POS)....

CrypTalk (04): The Advancing ADA

7 Feb 2021 3 minute read 9 comments Jane1289

Cardano (ADA) is a fast-growing blockchain asset in the cryptocurrency industry attracting many investors. It's currently in rank #6 in CoinMarketCap with a price of $0.437833 and it is up 4.61% in the last 24 hours. It has a market capitalization of...

Cardano (ADA) and Africa: Developing a Continent

6 May 2021 2 minute read 9 comments REKTimes

Cardano (ADA) recently announced a major development goal of providing blockchain technology and access for the continent of Africa.  Cardano aims to "bank Africa" through decentralized finance and, more specifically, the Cardano network. Background...