Cardano
ADA
About
Cardano has been pioneered by a team of academics and engineers, and is offering a unique approach to scaling and securing a blockchain network. Cardano is a non-profit platform with three separate bodies responsible for maintaining and developing the platform. The cryptocurrency which operated in the Cardano network is called ADA and is, like others, can be used for direct value transfer. Furthermore, the network will soon be able to handle smart contracts.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Smart contract platforms have the potential to impact society significantly and Ethereum (ETH-USD) is currently the clear leader in the space, although there are competitors who arguably have superior platforms. There is still significant uncertainty over how widespread adoption will be, whether permissioned or permissionless blockchains will be more widely
After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.
The crypto market continues its bullish run and investors are plowing crypto into DeFi.
It's alive! Cardano has successfully hard forked to its major upgrade, Shelley, which introduced proof-of-stake to the network.
Bitcoin is up for the week, gold gets a new high and DeFi keeps growing.
