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.


What is Chainlink? What are the LINK token usage areas?

27 Jun 2020 2 minute read 0 comments Akbar15

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Cardano Virtual Summit 2020, July 2nd & 3rd - Registration still open

27 Jun 2020 1 minute read 0 comments 01001101AR

It's only 5 days until the Cardano Virtual Summit 2020 Shelley Edition will be held. I'm already registered to attend and very much hoping for insightful talks concerning the future of Cardano and its new era, which is about to begin with Shelley. Fr...

Developers’ Favorite Crypto Project and their Influence (EOS, TRX, ETH,...)

20 Jun 2020 2 minute read 2 comments Lodhfiaz

Recently, I read the Outliers Ventures' report (here) and this report will surely interest you a lot since it contains a massive amount of information on many blockchain project and especially about the work of the developers. I think each of us is m...

Is Cardano (ADA) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

9 Dec 2019 6 minute read 13 comments CryptoBoomer

A lot of cryptocurrency projects have emerged since Ethereum showed the world that a blockchain network could be used for much more than payments. If Bitcoin was the king of cryptocurrencies, Ethereum and the countless altcoins that followed were the...

Cardano improves scalability, accelerates micropayments on the network with Hydra solution

25 Mar 2020 1 minute read 0 comments NewsBitcoin247.com

Cardano improves scalability, accelerates micropayments on the network with Hydra solution IOHK and the researchers from the DLT research lab at Edinburgh University collaborated to find a solution for the Cardano network to accelerate its micropayme...

Ethereum stated Zilliqa has alot of room to grow

26 Jun 2020 1 minute read 0 comments Vms_Crypto

The founder of the second largest cryptocurrency (Ethereum) Vitalik Buterin commented about Zilliqa stating it has a lot of room to grow and prosper. It is only fair to mention he also commented about Cardano too. Later he was asked if in his opinion...

3 Crypto Under 10¢ You Can Buy Today With Huge Gain Potential

9 Aug 2019 3 minute read 11 comments Chenhuang_defi

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Stellar Lumens: Currently Worthless, but a Hidden Gem?

21 Mar 2020 2 minute read 22 comments Thomas Wolf

For a while now I've been considering the fact that Proof of Work (POW) currencies that are hardware intensive such as Bitcoin would one day be rendered obsolete by currencies that operate under similar principles but use far less system resources, a...

Cardano: IOHK Sets Parameters For Shelley And Awards, ROI

28 Jun 2020 3 minute read 0 comments PassionCryptodotcom

The Cardano Shelley code of June 30 in the testnet remains on schedule, the mainnet parameters have been defined, which will determine, among other things, the rewards for ADA holders and operators of betting pools. Based on the current ADA price an...

Several Altcoins are finally breaking out of their years of downtrend ! VeChain, ENJIN, Quantstamp, Cardano, Zilliqa and more !

11 Jun 2020 2 minute read 8 comments Djordi

This article is going to be short and simple, but packs strong signs in the crypto world ! I do not see a lot of people talking about it (maybe I do not look in the right places), but I feel it is something rather important. Several altcoins are fina...