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ADA Coin, Cardano coin blockchain, wallets, features, price, nodes & uses in USA

The Cardano project started in 2015, The company behind its development is called Input-Output Hong Kong (IOHK), which is managed by the co-founder of both BitShares and Ethereum, Charles Hoskinson, Charles Hoskinson believes that Cardano is a third generation blockchain, whilst Bitcoin and Ethereum are first and second.

Cardano coin blockchain

The concept of Cardano is to create a blockchain that can perform much better than older blockchains like Ethereum, so, it can process more transactions, cheaper transactions, and faster transactions, The Cardano coin is still in its early days of development, and although on paper the project looks fantastic, we have to wait sometime before it is completely finished.

So, now that you know how transactions are confirmed and validated, the next part of this what is Cardano review is going to look at how the Cardano platform performs! The market cap of the coin will increase to about $40 billion by December of 2018.

There are so many different blockchains in the market, and it is important to understand what makes each of them unique, One of the most important things to consider when deciding how well a project can perform is its scalability.

The founder has already been a huge part of successful projects, such as BitShares and Ethereum, Among the main pros are the fact that Cardano considered to be more reliable than other crypto platforms, We know how important it is that the code is all right and that there are no weaknesses and bugs, Cardano is proud to be the first platform to use open source code.

Cardano is developing with significant progress regardless of the market situation and has already signed a deal in May 2018 with the Ethiopian government to improve the coffee industry, Using the Cardano blockchain, consumers will be able to track down & scan a QR code, which will provide complete information about the production process & farming.

ADA cryptocurrency

Another drawback to Cardano is that not so many features are available yet, The other serious disadvantage undermining Cardano is that it is still an unproven platform that has not been tested in full, unlike Ethereum and Bitcoin, A disadvantage of this is that implemented blockchain features are very difficult to reverse and token holders are not necessarily experts with regard to the blockchain.

Cardano is a technology platform of the ADA cryptocurrency used to send & receive funds that are secured through cryptographic channels, but there are big claims from the developers, facts & information about Cardano are few, Like most blockchain projects seeking to establish their place under the crypto soon & head to the proverbial moon, It provides its users with greater benefits & opportunities compared to other, similar platforms.

Cardano

The ADA is a cryptocurrency based on the Ouroborous patented blockchain technology created by IOHK, Ouroborous is said to be the only PoS protocol with mathematically proven security, Cardano ADA is a blockchain platform based on smart contracts, It is a pre-mined coin, which does not use the all too popular Proof of Work (PoW) consensus algorithm, so, it can only be staked on exchanges.

EOS refers to as a decentralized, blockchain-based technology that was designed to host & support decentralized applications (dApps) on a commercial scale, EOS is open-source software that was built on the Ethereum blockchain by the Block.one Company registered in the Cayman Islands.

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