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.

Dormant Bitcoin account of 9 years now worth $33 Million Shows Why Holding for Years is so beneficial

2 Jun 2021 2 minute read 0 comments Lukros76

Now Bitcoin is as usual, the top of the chain and not really something to look up to as a possibility. It's a long shot that anything like BTC happens anytime soon, at least in the same manner as it did. But we can still learn a lot from looking at i...

Gimbalabs: Building Networking Capabilities for Cardano Developers

2 Jun 2021 5 minute read 0 comments poimandres

    In recent months, we have seen the Cardano community grow exponentially on all fronts. From increased developer activity on GitHub, to community growth on platforms such as Reddit and Twitter, the trend has yet to show signs of slowing. Similarl...

CC292 - The Huge Hype Around Cardano Smart Contracts Alonzo

1 Jun 2021 1 minute read 0 comments Chesatochi

Cardano hopes to compete with their smart contracts feature called Alonzo. People believe is the next Ethereum killer! Speculators want to make massive gain from Alonzo that coming in August for Cardano. In this video, I share what I am thinking abo...

Explore: How to store your ADA

1 Jun 2021 5 minute read 9 comments ChildOfTheMany

One of the first questions I asked when I entered the cryptocurrency world was how do I store my cryptocurrencies. After the brain dump of answers I received, both online and from familiar faces, I had to digest the information. It was an overwhelmin...

Goodbye Tax Season, Hello Summer Bull Run | CTWU (Volume 1.3)

1 Jun 2021 5 minute read 10 comments REKTimes

Crypto.Think Weekly Update (31 May 2021): The past week has been a stressful but eventful trading week in the cryptocurrency markets.  There was ongoing debate throughout the cryptocurrency community whether the bear market had arrived and the bull m...

ADA Contract Trading on Bityard

31 May 2021 3 minute read 13 comments PVMihalache

ADA is a hot ! ADA (Cardano) is one of the trending subjects in the crypto ecosystem, and many are counting on ADA to become one of the top cryptocurrencies in the following years. Cardano was doing good even when the market crushed! Today's price lo...

Store Your Cardano Earning Value Every 5 Days

30 May 2021 1 minute read 1 comment Cryptopeach

Hello, Cardano is one of the best performing coins right now, people are holding to it and adoption is increasing every day passed. How can you store you Cardano and earn more? If you are looking for a simple way to hold it and a safe way you can use...

ADA Balances Disappearing in the Daedalus Wallet

30 May 2021 1 minute read 2 comments Chris Seymour

Some ADA HODLers out there logged back into their Daedalus wallets a few months ago at the height of the most recent bullrun only to find a nightmare scenario come to life: their investment is gone. Byron-era buyers who stashed their ADA in the Daeda...

Top 5 risks about investing in ADA (Cardano).

30 May 2021 4 minute read 7 comments The Fruitful Knight

I am very excited about the future for Cardano, the project has a clear vision, a large and loyal community along with huge partnerships, competent experts and a lot of monetary weight to keep it funded. However, even if a project looks amazing one s...

ADA Experiences A Bullish Day As It Overtakes BNB For 4th Place

30 May 2021 3 minute read 11 comments Vendata

Cardano (ADA), the public blockchain that has recently gained lots of popularity, has had a bullish day, rising over 10% over the past 24 hours to surpass the native token of centralised exchange Binance Binance Coin (BNB) to take 4th place. Brief An...