Cardano

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.

 
Price Analysis
The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips.
Price Analysis Jan 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
Rakesh Upadhyay
2020-01-24T17:39:00+00:00
3983
Price Analysis
Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days.
Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
Rakesh Upadhyay
2020-01-22T18:47:00+00:00
8967
Price Analysis
The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days.
Price Analysis Jan 20: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
Rakesh Upadhyay
2020-01-20T21:00:00+00:00
10883
News
Charles Hoskinson, co-founder and CEO of IOHK, the firm behind Cardano, said that he expects the coin to see a hard fork in mid-February.
Cardano Co-Founder and CEO: We Anticipate a Hard Fork in Mid-February
Adrian Zmudzinski
2020-01-20T16:35:00+00:00
9401
News
The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force.
Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force
Ana Alexandre
2020-01-20T14:51:00+00:00
3991
Price Analysis
Profit booking seen at higher levels. However, if the major cryptocurrencies can bounce off their strong support levels, it will indicate strength.
Price Analysis Jan 8: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XMR, ADA
Rakesh Upadhyay
2020-01-08T20:21:00+00:00
9497
News
Within less than 24 hours since Cardano’s testnet went live, ADA holders staked more than 5 billion ADA coins, worth around $195 million.
Cardano’s Shelley Testnet Starts Off With More Than 5 Billion Staked ADA
Joeri Cant
2019-12-16T01:06:00+00:00
8388
Price Analysis
A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low.
Price Analysis 06/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA
Rakesh Upadhyay
2019-12-06T21:10:00+00:00
9801

Follow us on Facebook