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.

Don't Quit

28 May 2020 1 minute read 1 comment cracken

In life, matters will on occasion go wrong. Not the all things will work in line with what you planned but regardless of how matters turn out, don't quit. When the street looks so far and your destination seems unreachable, don't stop moving. Every s...

What makes Cardano cryptocurrency (ADA) unique?

9 hours ago 1 minute read 1 comment Phienmmo

Yes, here are 4 things that make ADA cryptocurrencies more unique: 1. Haskell programming: Haskell is a computer language that is primarily used to convey complex mathematical summaries such as coding. With Haskell, Cardano ensures rapid developmen...

Advantages and disadvantages of Cardano cryptocurrency (ADA)

14 hours ago 1 minute read 0 comments Phienmmo

1.Advantages: Has a strong development team. The founder has experience collaborating on other successful projects like Ethereum and BitShares. The first blockchain has more than one layer (settlement layer and computing layer).There is no limit on s...

5 stages of development of Cardano cryptocurrency (ADA)

31 May 2020 1 minute read 2 comments Phienmmo

1.Byron: Cardano's opening phase with community development and ADA coin issuance. Regarding the network, it will work by the designated nodes and the block reward is burnt. 2.Shelly: This is when the Cardano network becomes more decentralized and st...

Two major Cardano anouncement Everyone shoud know!!

29 May 2020 1 minute read 0 comments Cryptohem

With the coming of blockchain 3.0  the cardano has become one of the valuable crypto. Cardano shelley mainnet project is considered to be the most focus project in cardano community recently.One  important question in the mind of cardano community is...

Cardano has become a growth leader. The head of the project announced an important news

29 May 2020 1 minute read 1 comment Kluma

Over the past day, the price of altcoin has risen by 14%. This is more than any other digital coin in the top 100 by capitalization. This dynamic may be related to the upcoming update of the asset's blockchain On Friday, may 29, Cardano became the le...

✔Cardano is trying to build a cryptocurrency chip

24 May 2020 2 minute read 2 comments Queen CZ🍒

IOHK; The company responsible for developing Cardano's cryptocurrency project is working to develop an open source, low-cost chip. Charles Hoskinson; In connection with the cryptocurrency chip, he explained that the activity of IAVC in the blockchain...

Slow And Stable, But Shelley De Cardano Was Built With Care And Consistency

29 May 2020 4 minute read 0 comments PassionCryptodotcom

Charles Hoskinson discussed efforts to build Shelley, the next era of staking in the Cardano blockchain . The CEO of IOHK said that the company's "slow and steady" approach to development has proven to be much better in the long run, as it facilitate...

Full List of Cardano (ADA) Partnerships and Collaborations (2020)

18 May 2020 8 minute read 6 comments list3r

Hey guys :) I’m back with another full list of partnerships! This time for the popular decentralized public blockchain, smart contract platform, and cryptocurrency project – Cardano (ADA). In this piece, I dive into all of the partnerships and collab...

Compare Cardano & Ethereum cryptocurrency differences

4 hours ago 1 minute read 0 comments Phienmmo

Here, we will compare it by each of the following: 1. Blockchain Development: Both Ethereum and Cardano allow developers to run Blockchain-based applications, such as smart contracts and decentralized applications (DApps). 2. Platform for tokens: Ano...