What makes Cardano cryptocurrency (ADA) unique?

What makes Cardano cryptocurrency (ADA) unique?

By Lềm Thị Phiến | An an | 1 Jun 2020

  • Yes, here are 4 things that make ADA cryptocurrencies more unique:

1. Haskell programming:

Haskell is a computer language that is primarily used to convey complex mathematical summaries such as coding. With Haskell, Cardano ensures rapid development time by using shorter lines of code and the wide range of code libraries available.

2. Administration by the ADA Owner:

The development process of blockchain is extremely important in determining its future function. Sadly, most cryptocurrency projects today, entrust the development process to a small number of individuals. This means that end users have no say in these projects.

This is what makes Cardano unique. Owners of ADA tokens can participate in network administration. If any token owner proposes to upgrade or change the system, it will be voted. If the proposal is to win the majority, appropriate updates and modifications will be made to the system.

3. Daedalus wallet:

This is a very secure wallet to store your ADA money. The wallet is easy to use and allows easy money management.

In addition to sending and receiving Ada, the Daedalus wallet has many special features that make it easy to use and give you a high level of security. These features include:

The private key is encrypted and spending passwords to protect against security threats like malware.
You can print this wallet on paper, then store it in a location that you feel safest.
You can buy Ada directly in the Daedalus wallet.
Monitor transactions and assure users that their transactions will never be reversed.

4. Cardano offers both cryptocurrencies and technology platforms:

In addition to the ADA coins, Cardano provides a technology platform that can run decentralized applications (Dapps) for governments, individuals and other organizations.

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Lềm Thị Phiến


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