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's Shelley Launched, But Why No Price Change!?

31 Jul 2020 4 minute read 8 comments johnwege

It's the time that many Cardano fans have been waiting ages for; the Shelley mainnet has officially launched!  This protocol upgrade has changed Cardano into a decentralized blockchain, bringing along with it the ability to stake your ADA, and many o...

How to avoid crypto scams. A Stake Pool Operator’s Advice

29 Jul 2020 2 minute read 8 comments Cryptotexty

Recently there has been an increase in crypto-scams. Some of these scam attempts are new and some are old. We decided to write about some of them, to prevent our community from falling into these traps. Usually, crypto-scam attempts are primitive, bu...

Cardano Delegation - Staking in Daedalus wallet

2 Aug 2020 1 minute read 15 comments Cryptotexty

I decided to make this simple video to show you how to delegate your Cardano, ADA. Right now it is possible to delegate from Daedalus wallet, soon there will be possible to use Yoroi mobile wallet and browser extension.  So right now the only and be...

TK's 12 in '21

4 Aug 2020 2 minute read 0 comments thunderboltkid

From the Top 25, as you know them today (more or less) Compared to that infamous day 17-12-2017 @ 17:00pm (Thank you CoinMarketCap for preserving that Top 100+ view of the markets in 2017) In this post I subjectively (my opinions are my own) score th...

Charles Hoskinson Founder of Cardano

3 Aug 2020 2 minute read 1 comment CryptoFinally

A couple of years ago when Bitcoin first came into existence, many people were overwhelmed with joy and glad that finally, we could see a break out from the constitutionalized system into a decentralized system where banks no longer had so much contr...

Want to run a Cardano stake pool? Here is what you need to know

2 Aug 2020 5 minute read 0 comments Ruma

Recently I have received a forwarded mail from my friend asking about my interest in running/delegating a Cardano staking pool. As I  never tried my hand in running a node and also completely unaware of all the prerequisite details that need to be ch...

🗞 Daily Crypto News, July, 30th 💰

30 Jul 2020 3 minute read 1 comment Crypto_Lemon

Can XRP Price Follow Bitcoin and Hit $0.30? Watch These Key Levels; ADA Follows Market Down Despite Cardano ‘Reaches Orbit’; Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours; Iranian Authorities Greenlight Power Plants Mining Bit...

How to trade ADA: Trading ADA for a month based on BTC mining revenue and thin order books.

5 Aug 2020 5 minute read 0 comments gileadensis

I haven't followed up my previous writings very well with all this action and time passing by so quickly, well have no worries none of this time has gone to waste!!!!!! I have recorded some of what I did according to my previous writings. To sum up w...

Cardano temporarily stuck on exchanges. Why and what is a possible solution?

3 Aug 2020 2 minute read 0 comments Cryptotexty

If you follow the news from the Cardano ecosystem, you know that hardfork (Shelley phase) happened on 29 July. Since then and up to this date most of these exchanges disabled both Deposits and Withdrawals, it means they didn't implement the hardfork...

Cardano's Shelley Goes Live

30 Jul 2020 1 minute read 1 comment Abhi K

The Cardano (ADA) has finally launched its Shelley upgrade to the mainnet after years of development, the team announced on July 29. The Shelley mainnet launch follows months of testing, which was incentivized with assets with real value. Shelley br...