Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Laxmi Sharma on May 05, 2021, 01:40:30 PM
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Similar to other cryptocurrencies, ADA – Cardano is a digital coin that can be used to store value or send and receive funds. The ADA cryptocurrency runs on the Cardano blockchain, a first-of-its-kind decentralised network, based completely on scientific and mathematical principles and designed by experts in the fields of cryptography and engineering. The Cardano blockchain can be used to build smart contracts, and in turn, create decentralised applications and protocols. In addition, the ability to send and receive funds instantly, for minimal fees, has many applications in the world of business and finance.
Instead of attempting to thwart global regulators, Cardano is building a blockchain with regulations in mind, to provide financial services to all.
Cardano is looking to solve many of the blockchain industry’s current problems, including
More Info
https://www.etoro.com/crypto/what-is-cardano/
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ADA lost the hype. I do not know why it is still at this level but maybe after June, when smart contracts are implemented, we can see a surge. If not, I am planning to sell my ADA coins.
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Cardano introduces a new technology standard, open and inclusive, to disrupt the status quo and usher in a new era of globally dispersed, constant development. One of the most significant advantages of Cardano is that it confirms transactions on the blockchain using proof-of-stake rather than proof-of-work, which means it is significantly faster and has lower gas fees.
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ADA lost the hype. I do not know why it is still at this level but maybe after June, when smart contracts are implemented, we can see a surge. If not, I am planning to sell my ADA coins.
maybe for u :) i know it's just an opinion. hype doesn't help at long run, but use cases and the possibilities being offered by ADA, check Vent finance out, launched on ADA, securing users funds. And offer an insurence after they got KYC-ed, investors can join any project launched on ADA network and have a venture rate really high in ADA market. ADA is just starting imo. not loosing anything! Vent ensures, follow all ADA project using their services and guarentee funds. <this is really promising for the network, and that's all we need>