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.

ADA charts 2.2.2021

2 Feb 2021 1 minute read 0 comments kesteve

ADA seems bullish, similarly to ETH we've seen some retests, but it reaches higher highs and lower lows, I wouldn't be surprised if it made a new ATH later this year. Just like ETH finished the retest on 4h time frame of the resistance level, the u...

EC-Mining and ES Faucet – More than 10 crytocurrencies every day !!

19 Jan 2021 1 minute read 2 comments KikeBast

After news about CoinPot, that is going to close down in a week, we have to continue working on our best faucets. First, I want to remind that the best Faucet I work is ES-Faucet, on which I have improved a lot my daily bonus. Here, a screenshot abou...

EC-Mining and ES Faucet – More than 10 crytocurrencies every day !!

Project Catalyst Fund3 - my Community choice submission - Cardano deputy

9 Jan 2021 1 minute read 0 comments Cryptotexty

Project Catalyst: https://cardano.ideascale.com/ More useful links: - My experience with Project Catalyst Fund1 and Fund2 - Celsius bonus link (you can earn $20 in BTC with your first transfer of $200 or more) - You can buy/sell ADA on Binance. With...

Project Catalyst Fund3 - my Community choice submission - Cardano deputy

Cardano 20% Rise

6 Jan 2021 1 minute read 0 comments JayC0730

Cardano has been having a good day. A 20% hike to the current price of $0.269 It's only the beginning, I expect this coin to more than double from its previous high. For now I'll just hold and stake until a new ATH is established. Won't sell until...

Cardano x Celsius Network AMA

4 Jan 2021 1 minute read 1 comment Plue

After months of asking Alex when ADA will be added to the Celsius lending platform, Cardano is finally going to be supported soon! In an earlier AMA with Alex Mashinsky, he confirms that there will be an AMA with Charles Hoskinson The live broadcast...