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 cryptocurrency completes spectacular growth phase

22 hours ago 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...

Why Cardano (ADA) is One of the Hottest Coins Right Now

2 Jul 2020 1 minute read 1 comment Diviner

Cardano pumped over 10% today, reaching over $0.09 after weeks of hanging around $0.08. It also surged back into the top 10 of CoinMarketCap, overtaking MCO to land at #9 at the time of writing this. The hype around Cardano is real and it is building...

Cardano's Price Soaring!

14 hours ago 3 minute read 0 comments johnwege

Cardano (ADA) has been one of the most divisive coins out there for the last few years.  Most people either love the project or hate it with no in-between.  But one thing I think most people could agree on is that Cardano definitely has some lofty go...

Cardano is bullish following network upgrades

20 hours ago 1 minute read 0 comments Vms_Crypto

The long anticipated Cardano update is finally here (named Shelly) and is commencing as we speak. The price has hit its highest peak so far for 2020 and at the time of writing it's currently trading at $0.092 (Source: Trading View) This bullish rally...

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 Shoots Past 10 Cents!

3 hours ago 1 minute read 3 comments Bryan Divisions

It's happening! Due to the strong headlines coming out of the Cardano Virtual Summit today and yesterday, about an hour ago the price of ADA broke through 10 cents! I was at home doing a workout when I started seeing the price get into the high 9's...

Coinbase to allow secure Cardano staking

3 hours ago 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...

Featuring Cardano (ADA): Effects of Recent Rally and Upcoming Updates

16 hours ago 2 minute read 0 comments CryptoJD

Disclaimer: The information are based on the data of Cardano provided in every web. You could search it or not. In addition, the information below are not a financial advise, any losses coming from investing ADA that based on this article, neither th...

Episode 93: Cardano (ADA). Are You Listening Now?

2 Jul 2020 1 minute read 0 comments NewCreationCapital

Audio: Video: Join The New Creation Cronies Telegram Group In Episode 93:  Are you listening yet about Cardano? This is our Story of the Day Cardano: new version of the Daedalus wallet for the Shelley testnet Daedalus Shelley Testnet 1.1.0-ST...

The Bull Run for Cardano Is Not Over Yet.

5 hours ago 1 minute read 1 comment Arindam

Why do i say so? Because we have seen the great run ADA is having this year. Even yesterday when Bitcoin and most of the Alts were bleeding red ADA dip was very marginal and now it has even gained more. We are already past the psychological resistan...