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.

CryptoCoin Predictions Series short term CARDANO ( ADA ) UPDATE

15 Apr 2020 1 minute read 0 comments skyislimit

Before we say anything lets see what we said last time "The support level is $0.0325 and it is a strong level. Resistance at the moment is $0.036 level and it is very strong. If daily close comes lover than ascending support line then it can go down...

Today In Crypto - April 13 Edition

13 Apr 2020 2 minute read 2 comments Sapphire

ChainLink Surges 53% Over The Past Week! ChainLink just seems to keep bouncing back with one amazing run after the next. While most altcoins are only reporting modest gains, this super alt is paving the way! ChainLink has been a firm favorite of mine...

Power Ledger (POWR) In short term price prediction UPDATE

11 Apr 2020 1 minute read 0 comments skyislimit

Let see what we predicted before "Our new support stays at $0.053 level and resistance is $0.685. volume is steady and sideways and up little over time, As long as it can keep current levels no problem to reach resistance level, over time it will be...

BINANCE (BNB) Short term prediction UPDATE

11 Apr 2020 1 minute read 2 comments skyislimit

BNB Trying to go higher than $15.20 levels last 5 days, Market is down but definitely some buyers are coming more to BNB when we look at the volumes . $15.20 is strong resistance and support stays at $13.30 levels.BNB / USDT Daily chart it is trying...

CryptoCoin Predictions Series short term CARDANO ( ADA ) UPDATE

11 Apr 2020 1 minute read 0 comments skyislimit

Interesting things going on with ADA last few days. It is going down but still, it maintains it is strength. $0.037 is strong resistance and tried the last few days but it can not break it. In order to break a $0.037 level, it needs a high volume but...

An actual Cardano post

10 Apr 2020 3 minute read 7 comments Call me Steven

Okay, so I am going to be honest with you on this one. Before starting to get acquainted with Publish0x I had never heard of Cardano. I didn't know what it was, even though it is ranked number 15 by market cap. But this might be just me. Anyways, sin...

Coinex Buys Back and Burns CET Tokens

10 Apr 2020 1 minute read 0 comments kingscrown

Exchanges now often have their own tokens and ofter chain and Coinex is one of those places. Lately, they did a buyout and burn of supply of CET 19,182,420 CET in total were repurchased and then burnt on April 1, 2020. This way the coin value rises a...

Bitcoin: A new gold standard ?

10 Apr 2020 1 minute read 3 comments Gamma

BTC at $100,000 in the year 2020 ? In the face of this crisis, the world's economies will have two choices: to face high inflation, or to reduce the intrinsic value of their currencies by themselves, once this wall is reached. If they choose this opt...

My short term XRP prediction $0.18 Maybe ? UPDATE

10 Apr 2020 1 minute read 0 comments skyislimit

We said last time "As you see as long as we stay over ascending line price can go up. Still, strength is I the market for XRP  and our resistance again stays at $0.2050 level but now Support is $0.1850. It may be a few day's prices are coming down bu...

BITCOIN (BTC) My short term prediction UPDATE (IMPORTANT)

10 Apr 2020 1 minute read 0 comments skyislimit

Let's look at BTC /USD Daily chart BTC last 4 days try to pass Resistance point of $7400 but rejected. and also started trading long term ascending line which was like a support line to go up. Market weakness is continuous and BTC starts coming down....