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.

Will the Markets Survive the newly recorded Covid-19 cases?lyc

18 Jun 2020 1 minute read 0 comments Mabla

The market never came to halt like they did when the Covid-19 pandemic struck the whole word and almost every country was on lockdown and this whole disease brought chaos to the markets and companies closed and stocks fell hard including crypto curre...

5 important announcements from Cardano (ADA), which has recently tripled its price

4 Jul 2020 1 minute read 1 comment DHEagle

Announcing the successful implementation of the Shelley test network at the Shelley Virtual Summit event was not the only announcement announced by IOHK, the parent company of Cardano. The company was carrying out important works for its important pr...

Coinbase to allow secure Cardano staking

3 Jul 2020 1 minute read 0 comments Vms_Crypto

The rumours are proving to be true, the July 3 2020 article published by Coindesk provides details confirming Cardano's association with Coinbase. An announcement was made by the chief developer house IOHK that a agreement has been signed with Coinb...

Adoption: 2.6 Million people in the UK alone have bought crypto

1 Jul 2020 1 minute read 0 comments Vms_Crypto

In the United Kingdom, the Financial Conduct Authority (FCA) published a report on June 30 2020 estimating that 2.6 million people in the UK have at some point purchased cryptocurrency. Their research indicates that 1.9 million people which is 3.86%...

Cardano ITN: What is to become of it after the balance check?

14 Jun 2020 2 minute read 0 comments Cryptonsula

The cardano Incentivized Testnet (ITN) was launched sometimes back in mid December 2019, an event that gave the cardano community the ability to run stake pools and others to delegate their stake in order to gain staking rewards. In order to particip...

The biggest important moves will happen this week on these 4 crypto / XLM, LEO, ADA, ETH...

22 Jun 2020 2 minute read 1 comment Crypto adict (Manu VZ)

ETH / USD The price of ETHEREUM is in a secondary bullish trend at the resistance level of 244.35 USD. The price had a downward pullback, this indicates that we are in a healthy bullish secondary trend as it presents symmetric movements.* TEMA 20 in...

Episode 87: Fourth Industrial Revolution - Live Stream

27 Jun 2020 1 minute read 0 comments NewCreationCapital

Audio: Video:   Join The New Creation Cronies Telegram Group In Episode 87:  We deep dive into The Fourth Industrial Revolution in a live Stream  This is our Story of the Day Story Related Links: Centre for the Fourth Industrial Revolutio The Fourt...

Cardano Foundation Warns Against Suspicious Activities In Japan

10 Jul 2020 1 minute read 1 comment PassionCryptodotcom

The Cardano Foundation - the organization behind the main cryptocurrency Cardano (  ADA  ) - warned that a suspicious company was trying to rake in investments by claiming that it had contacts with the foundation. On July 9, the foundation declared t...

Price analysis 26, June EOS, cardano, stellar and monero

26 Jun 2020 1 minute read 0 comments haidernasir

EOS, Cardano, stellar and monero is on a downtrend. Here a price analysis of five cryptocurrencies. EOS/USD EOS is at $2.46 at 5:00 PM GMT, with a loss of -0.931702% in its price in the previous 24 hours. EOS with its 24 hours high will set its resis...

3 Crypto Currencies worth investing in

16 Jun 2020 2 minute read 0 comments Mabla

There was a time when bitcoin was the talk of the town and it was recommended as the best crypto currency to invest in as it had received so much recognition. For sure that time it made waves and it was making money with bitcoin is very small. It ope...