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 Project Catalyst Fund10 Proposal - Catalyst in comparison to other DAOs

26 Jul 2023 5 minute read 1 comment Cryptotexty

This is the proposal I've submitted to Fund10 of Project Catalyst (DAO in Cardano ecosystem). I'm republishing it on my crypto-blogs to get more feedback from the general crypto community. And of course, if you are ADA holder soon you'll be able to v...

Summer On Biswap - Farming Crypto And Embracing the Helios Desteblacoin!

20 Jul 2023 2 minute read 2 comments PVM

Biswap has become my main DEX on Binance Chain, due to the unique features, innovative ideas, and the space agent program. The DEX is above and beyond the standard crypto decentralized exchange, providing a wide range of crypto opportunities. I won 8...

Cardano Project Catalyst Fund10 Proposal - Cardano Events in Ukraine 20 cities

17 Jul 2023 5 minute read 1 comment Cryptotexty

This the proposal I've submitted to Fund10 of Project Catalyst (DAO in Cardano ecosystem). I'm republishing it on my crypto-blogs to get more feedback from the general crypto community. And of course, if you are ADA holder soon you'll be able to...

KuCoin... We had a Good Run While it Lasted

13 Jul 2023 3 minute read 8 comments Cje95

As most of yall know KuCoin recently enacted a KYC requirement which honestly is not something that I am not too concerned about and I understand from their POV of how they need to err on the side of caution. Honestly, I have nothing but great things...

My top 3 stupid alt coin investments

11 Jul 2023 4 minute read 1 comment Bala

Bitcoins are not the only cryptocurrency. Just because it is very popular it doesn't make the best cryptocurrency out there. There are so many other cryptocurrencies emerging in the market and many are very good and some are not very great for the lo...

Cardano (ADA): New Developments and Potential Growth Outlook

11 Jul 2023 1 minute read 0 comments COINTURK NEWS

Cardano (ADA), one of the largest PoS networks, has not performed as expected this year. There are two main reasons for this: the excitement over network upgrades fading and what can be dubbed as the negative influence of Hoskinson. However, the upco...

Cardano Project Catalyst - Fund10 -submission open till July 13

8 Jul 2023 1 minute read 0 comments Cryptotexty

It's been almost 3 years since I participate in Project Catalyst - the DAO in the Cardano ecosystem. It grew in my eyes. The last couple of months there was a calm period in Catalyst but now Fund10 started and its overall budget is 50 million ADA. Th...

My top 3 Alt coin focus for DCA

4 Jul 2023 3 minute read 1 comment Bala

I did not have any huge holdings of altcoins until recently. Most of my focus had been on Hive and HBD and I was trying to increase my stake on Hive and increase my position on Hive. But recently something made me feel that I have to also focus on so...

Guide to Delegate/Stake Cardano ($ADA) Tokens on Yoroi: 2023 Updated Version!

2 Jul 2023 3 minute read 1 comment CryptoManthan

In the previous article, we looked into staking Cosmos (ATOM) through the Keplr wallet and earning around ~20% interest annually. Decentralized staking, or simply delegating tokens, helps secure the network It is a much safer way to make interest ove...

A magical coin, floating up and down.

27 Jun 2023 1 minute read 0 comments espacioreal

Ada and Data, a dynamic pair,In the world of crypto, they make their share.Ada, a coin with potential untold,Data, the backbone, valuable and bold. Ada, the currency, seeking to rise,Data, the information, a precious prize.Together they intertwine, a...