This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand.
Cardano is a platform for maintaining the operations of Ada cryptocurrency. The platform is multilayered and gives the system the elasticity to be easily maintained and upgraded with a soft fork.
Cardano uses a Proof-of-Stake system, reducing the amount of electricity requirements and improving its scalability. The second feature of Cardano is its Recursive InterNetwork Architecture that allows for the existence of a subnetwork within a main network, which also makes it easier for a network to grow.
Cardano aims to become an “Internet of Blockchain,” making it possible for all cryptocurrencies to exist side by side and be converted from one to another without intermediaries. Cardano will also allow users to attach metadata to their transactions if they want to, making the network friendlier to banks and governments.
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.3750
Cardano’s ADA may be listed on Coinbase by the end of 2020. This comes on the heels of the announcement that ADA holders will be able to stake their assets locked in the exchange’s vault.8083
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips.15026
Cardano launches Shelly mainnet two days before Virtual Summit.9525
Bitcoin's price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins.18396
Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200.17686
A bill that would outlaw end-to-end encryption for technology companies was proposed by three Republican senators; meanwhile, Ava and Cardano would not yield.7415
A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days.15795
Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days.14793
A few major cryptocurrencies are attracting buyers on dips, which suggests that investor sentiment remains bullish.14731
Ever since Charles Hoskinson issued an update on “Shelley,” Cardano’s price and community have adopted a bullish mood.14822
Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand.11986
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC.15537
Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies.14392