Topic: What is Cardano? - page 2. (Read 307 times)

To me I would have preferred a more stronger use case other than just smart contract, I mean eth and now bsc with other few network are already providing that and I don't see a strong point in providing smart contract except the ability to create more useless projects into the market, they should opt for something more useful, plus why does it have to take them so long just to provide smart contract! perhaps they need some lesson from bsc since they seem to get theirs done much more faster than expected.

The future of the Cardano project I think it will be very good.
The reason is that it is also keeping pace with the market.
I think it will soon be in a very good position and will do something good I think it is.

even if you ask like that you have actually answered your own question above and it is already more than a good answer to defend so why should you ask again
I think this coin is quite unique not having a white paper. Instead, it uses design principles meant to address issues faced by other cryptocurrencies, such as scalability and interoperability.
apart from that the protocol used here is also different from what I heard from btc and eth but whatever it is this coin is now trying to rise and I think even though it's already quite high now but this cardano will continue to climb

awesome cardano. they even make a new threat to their competitors namely ethereum and binance which already have smart contracts first.
with the issue of the presence of this smart contract further strengthens the price of this cardano coin
make their supporters more confident they can compete with eth.
We'll see with the issue of smart contracts, they will be able to increase their marketcap move up to position 3 and shift the position of binance.
what is cardano Cardano is the world's first peer-reviewed blockchain.
Cardano belongs to the third generation of cryptocurrencies, so it is considered one of the most up-to-date today.
With advanced technology, he is believed to be able to provide solutions to many problems experienced by Bitcoin and Ethereum miners as the first and second generation of cryptocurrencies.
The way this project works is amazing because the Cardano Platform consists of two layers, namely the Cardano Settlement Layer (CSL) and the Control Layer.
CSL in the Cardano system is the layer used to manage ADA transactions. Meanwhile, the Control Layer is used to manage contracts so transactions are more secure. At the heart of the Cardano operating system is Ouroboros, the algorithm that runs the previously described Proof of Stake protocol.That way, the use of energy and time to create new coins can be more efficient.

I know Cardano is a potential coin with good development. Currently, ADA is in #4 rank in coinmarketcap, this is a great achievement so far. I am not judging it for the current price, its overall development is pretty fine. However, only development can't make a project popular. I have seen a few projects those have been concentrating only on project development. But they aren't approaching the community with their features. That's the reason a few coins/tokens did not become much popular even there are good developments. But seems ADA is quite active than others. Expecting the best outcome from them.

Just in the last 7 days, the returns to investors is around the region of 40%-50%, that's already huge profit in a week.

That's one good thing about Cardano, he keeps on updating the status of the project in all of their official social media sites. Like in Youtube wherein he goes on a AMA or answers queries from its investors. And it remain on the top 5 so far, so yeah, the future is really good for Cardano and maybe it can still double it's price if we goes on another altcoin bull run this last quarter. $5k is achievable in my opinion.

The future seems to be bright for ADA, I mean how much percentage year to year that it gave to it's investors already? in xxx fold if I'm not mistaken.

And one of the factors is that Charles is really active behind, giving updates regarding the next iteration like the recent upgrade they did. I'm just waiting for projects to used ADA. For sure we will hear that projects soon. Wallet development is also there, so exciting news for ADA and it's holders.

Cardano, when viewed as a good investment, was born in 2015 and is predicted to be the Ethereum Killer and in the last few days the price has experienced a good increase. Developers also as mentioned above continue to work on improving the functionality of their smart contracts, but until 2021 it has not been realized.

Today I collected a lot of references about Kardano (ADA) fighting for its place in crypto, even this month Cardano has corrected many of its shortcomings, to compete with ethereum in providing ease of transactions.

Ethereum has the disadvantage of high gas costs, this can actually be exploited by Kardano (ADA), but so far I haven't seen Kardano take advantage of the state of ethereum, but I believe that Kardano can compete with ethereum in the future, after seeing the improvements that have been made by them .

It took them long to launch this smart contract. ADA is not for short term investors, this is why it's the stakers that likes this.

That's fairly true even when the token's price appreciates. I wouldn't say they are now successful but it's impressive to see their marketcap made ADA to the top 3. I can tell you there are big investors in ADA and influencers like Mark Cuban as far as I know had also been talking about this project. I'm almost sure he does own some ADA.

Cardano has promised to deliver a lot over the last seven years, including smart contracts, but failed to deliver anything except promises. Why should we believe them now? NEAR protocol does what Cardano has promised to do but can't, and it does it now. In fact, Cardano at this point should deploy as an appchain on top of NEAR, then it will have 2k TPS and smart contracts.

What is Cardano and will its development cause a revolution?

Along with the development of the entire market, Cardano did not lag behind and with good reason kept the place of the biggest competitor to Ethereum.
Ahead of one of the most important phases of the Cardano project, the implementation of smart contract functionality through a series of tests and upgrades under the working title Alonzo, the team of developers behind Cardano is getting closer to the goal. Users and fans of the Cardano network believe that the successful addition of smart contracts will be a springboard for the project and that everyone will want to switch to Cardano when it wakes up in full force.
What is Cardano and what is the future of this project?