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 and CHAINLINK Partnership on the Horizon

27 Jul 2020 1 minute read 2 comments TheProfessor

          In his latest AMA the CEO of IOHK and co-founder of CARDANO Charles Hoskinson has confirmed that he is in touch with the founder of smartcontract.com and CHAINLINK Sergey Nazarov.          He also said that CHAINLINK is an excellent product...

Goals

27 Jul 2020 1 minute read 3 comments 1John1:9

A friend and I have decided to have a friendly race to crypto portfolio(or assets bought using crypto) being worth 500k USD. Needless to say he is far ahead of me, but with BTC over 10k, ADA also doing very well lately, ETH over 300 USD, with many mo...

Book recommendation from Charles Hoskinson - Life 3.0 by Max Tegmark

26 Jul 2020 2 minute read 0 comments Cryptotexty

Just a few hours ago Charles Hoskinson made one more livestream - Saturday Night Live. Such livestreams made me interested more in Cardano, and this is the best marketing tool that the whole Cardano ecosystem has. Now I watch all the videos, even tho...

Cardano and Bitcoin Cash cooperation

26 Jul 2020 1 minute read 0 comments Cryptotexty

From the recent video by Charles Hoskinson "Saturday Night Live" I've heard about Cardano and Bitcoin Cash cooperation. So the text will be below and here is the line from me, where I recommend both Cardano and BCH communities. I follow Cardano commu...

DeFi Projects Gaining Attention: Aleph.im, AKRO, OAX Foundation, Algorand (ALGO), and Cardano (ADA)

26 Jul 2020 1 minute read 0 comments Aware1

A look in on some projects that have been gaining steam lately, including a few DeFi focused ones. One of the most recent to make a splash on the scene is Aleph.im, originally built on the NULS platform and meant to help connect DeFi apps and operat...

Cardano Short Term Price Analysis

25 Jul 2020 1 minute read 0 comments DHEagle

After testing the high range of 1446 satoshi [$ 0.1337], Cardano seems to be going down and already lost 10.48%. However, as a small pump may be on the way, this drop may not be entirely bad. With the formation of a decreasing channel, the price of A...

Cryptographic Alternatives Season on the Horizon

25 Jul 2020 1 minute read 2 comments alquimista1501

From March 2020 to date an interesting behavior has been seen in some of the altcoins beyond Bitcoin and its expected bullrun, several of the alternative calls have registered not only interesting movements but are supported by clear fundamentals tha...

Two Sides of the Tron Coin: Part 1 - Transactions

23 Jul 2020 3 minute read 12 comments ExponentialOne

"Two sides of the same coin" is an idiom that means there are two ways to look at something even if they are one object - for example, a coin. A coin has two different sides and two ways to look at it, even though it is one object. For this three par...

ADA/USDT: Keeps being very attractive..

23 Jul 2020 1 minute read 1 comment toofasteddie

After yesterday's call on the ETH/USDT, a few more altcoins seem showing good signals for a quick trading.One of them is ADA which is again evolving positively in the 4-hour chart, "travelling" along a symmetrical triangle and showing a BULLISH DIVER...

Top Coins I'm Focused on During This Bull Market!

23 Jul 2020 5 minute read 15 comments johnwege

It an incredibly exciting time to be invested into the cryptocurrency market.  That special feeling is in the air again, that feeling of an incoming bull market.  But everyone is probably thinking the same question.  What coins should we be focusing...