Cardano is one of the biggest projects in crypto. It's extremely ambitious, but if they manage to pull it off we're all going to make it. ADA does everything, and still manages to be a great store of value. Once Shelley releases we're going to see fireworks.
Cardano has been on the top of my watch list for the last several months. Although it's risen with the tide of the entire cryptocurrency market, I believe we are about to see a turning point regarding its development. The developers at Cardano are extremely serious regarding their projects upcoming milestone: Shelley. As we've seen in the past, I think select altcoins (ADA being one of them) will go counter to the overall bearish trend and slowly move upwards to have an excellent Q2.
It's suspicious to me that a project that has raised 108 844.5 BTC in several ICOs doesn't have a whitepaper in a proper sense. The only document available doesn't describe any technical details - only the reasons why the IOHK team considers it necessary to develop it. What advantages Cardano has is also still in question. It can not be said that the new blockchain is unchanged, since consensus can lead to a change in the protocol and the appearance of a fork. The separation of computational layers is also not a unique breakthrough, nor is the voting control mechanism. Technically savvy developers will also notice that instead of C ++, the platform code is written in Haskell.
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In 2017 Charles Hoskinson, one of the first Ethereum developers, and his IOHK company launched the Cardano project. Cardano is a platform for smart contracts which main difference from existing systems is the division of the computational layers into a basic one for handling ADA tokens and a layer...