Cardano (ADA) --- #7 --- [$0.3777]
{crypto rank & price from CoinMarketCap on 5/30/23}
Cardano (ADA) is one of the biggest blockchains to successfully use a proof-of-stake consensus mechanism, (which is less energy intensive than the proof-of-work algorithm relied upon by Bitcoin). Although Ethereum (ETH) is upgrading to PoS, this transition is only going to take place gradually.
The Cardano (ADA) project takes pride in ensuring all of the technology developed goes through a process of peer-reviewed research, (meaning that bold ideas can be challenged before they are validated). According to the Cardano team, this academic rigor helps the blockchain to be durable & stable, thus increasing the chance that potential pitfalls can be anticipated in advance.
In 2020, Cardano (ADA) held a Shelley upgrade that aimed to make its blockchain “50 to 100 times more decentralized” than other large blockchains.
In September 2021 the Alonzo hard fork launched & brings an end to the Shelley era, ushering in the Goguen phase. Users can develop & deploy smart contracts on Cardano, allowing native decentralized applications (DApps) to be built on blockchain.
The homepage of the Cardano (ADA) project describes ADA as the following:
"Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies."
"With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress."
Crypto Micro-Earning Site to Earn Cardano (ADA):
1)> Dutchy:
https://autofaucet.dutchycorp.space/?r=CarCar1001
SITE DESCRIPTION: This site offers the most crypto options by far to claim from, more than any other site I've found! There are over 60 different kinds of crypto to claim, (and Dutchy occasionally adds new tokens so make sure to check from time to time). Claim by either running AutoFaucet or by trading/swapping the Dutchy Tokens u earned by completing offers or won in 1 of the handful of daily/weekly/monthly contests & giveaways!
This site also doubles as a Micro-Wallet & Exchange, where you can purchase crypto or trade small amts. of coins, (this is how I found this site the most useful, as I describe how a few paragraphs below).
WAYS TO EARN: You earn by rolling the faucet every 30min., viewing PTC ads, taking surveys, completing shortlinks, or completing other offers available to earn. There are also multiple contests & giveaways to get coins for free such as, random coin rains every hr., daily/weekly/monthly contests for things, & occasionally other random/promotional opportunities to earn!
I've found that the quickest way to earn from this site is by completing surveys & taking advantage of any promotional claiming boosts offered for the week. Claiming from the coin of the month faucet every 30min. is also a good way to stock up on a coin quickly.
2)> CoinFaucet:
https://coinfaucet.net/?ref=4d546b354e446332
Site Description & How to Earn:
This micro-earning faucet offers 40 different cryptocurrencies to claim from, (witch is a significant amount compared to most crypto faucets). You can claim crypto from this faucet once every hr.
You can also earn BTC from this micro-earning site by surfing 60sec. ads, or by searching ads through their site.
This site also offers the option to exchange between the 40 different cryptocurrencies offered.
