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 ( ADA ) Short Term Price Prediction ( IS IT TIME TO SELL ADA?)

9 Jun 2020 1 minute read 8 comments skyislimit

After a long run-up looks like time to go down, it is trading below ascending tren line and volume is going down, time to get some profits. ADA / USDT 4 hours  chart Tried many time to pass $0.085 level but rejected many times too. Resistance stays a...

Cardinal Shelley Public Test Network (ADA) To Open Its Doors To All Pool Operators On June 9

9 Jun 2020 2 minute read 0 comments PassionCryptodotcom

A new phase for Shelley is about to begin, as the testnet for the Cardano staking era   will be open to all stake pool operators on June 9. In May, the "friends and family" testnet was only open to a small group of about 50 bet pool operators who wer...

Cardano's Hoskinson Warns Against Crypto Ban, "Backdoor" Is Not An Option

9 Jun 2020 2 minute read 0 comments PassionCryptodotcom

Cardano inventor Charles Hoskinson warned in an AMA that cryptocurrencies with increasing adaptation could face increasing political pressure and even a ban. A backdoor allowing governments to access anonymous user data on the Cardano blockchain is...

Cardano (ADA) | Complete and in-depth review | The voting process

8 Jun 2020 1 minute read 1 comment NassiroV

Image Source The main problem with proof of stake (Proof-of-Stake) is that the people elected must be chosen randomly but proportional to their stake. If it is not, then the same person could be selected several times in a row and make double expens...

Why Cardano

8 Jun 2020 1 minute read 7 comments Cianoreggianoo

Cardano is a project that for the first time uses a scientific method, and is proposed as a third generation cryptocurrency. Ex (bitcoin 1st: creator new forms of monetary transfer without intermediaries. Ether 2nd which allow you to exchange money,...

Cardano price skyrocketed 60% amid Proof-of-Stake launch

8 Jun 2020 1 minute read 0 comments Artur89

The price of Cardano rose 60% after the announcement of Charles Hoskinson about the imminent launch of the Shelley update. As previously reported, the Shelley update will deploy in three phases from June 30 to July 7. According to Hoskinson, this is...

Cardano (ADA) | Complete and in-depth review | How does Cardano (ADA) work?

8 Jun 2020 3 minute read 0 comments NassiroV

Image Source How does Cardano (ADA) work? The platform is constructed with different layers, that to the system of "flexibility". This makes it easier to maintain the blockchain and allow simple updates (soft forks). Cardano offers to separate their...

Cardano (ADA) | Complete and in-depth review | The unique characteristics of Cardano

7 Jun 2020 2 minute read 0 comments NassiroV

Image Source Separation of payment and functions of decentralized applications (dApps) To avoid having to connect funds and decentralized applications, Cardano separates payment and dApps into two separate layers, unlike Ethereum.The idea is that a...

Cardano (ADA) | Complete and in-depth review | What does Cardano (ADA) offer?

7 Jun 2020 2 minute read 0 comments NassiroV

Cardano is an open source, decentralized blockchain as well as a platform for executing smart contracts. These features allow you to create, deploy and maintain dApps. But Cardano aims to provide more advanced functionality than any other previously...

Cardano Price (ADA) Increases 30% Last Week With Shelly Mainnet Launched

7 Jun 2020 1 minute read 0 comments PassionCryptodotcom

Cardano bulls ( ADA ) control tightly. Last week's performance was exceptional. After a few depressing months, the bulls are finally under control and pulled by solid fundamentals, Cardano prices are tending towards the new heights of 2020. Cardano (...