If Bitcoin remains in an uptrend, these altcoins are likely to outperform the other major cryptocurrencies this week.
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.
A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term.11058
Cardano is working on a crypto-native microchip that would enable crypto transitions without the internet access, potentially delivering fiat-like experience to the hundreds of millions around the world.22584
Cardano development company will be joining the Hyperledger Project and W3C focusing on the enterprise use cases as part of its bid for the next five years.9670
Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days.15723
Cardano founder Charles Hoskison explains why University of Wyoming represents a better return on investment for IOHK than Harvard, MIT or Cornell.10125
Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term.15406
Several major cryptocurrencies have seen strong buying at lower levels, suggesting that the uptrend is likely to resume once Bitcoin finds support.35324
In the wake of the recent pandemic, here’s how many different blockchain projects are stepping up to donate resources in the hopes of finding a vaccine.3341
Several altcoins are likely to rally if Bitcoin can resume its up move this week.17517
Weiss Crypto Ratings rate Cardano, Tezos and Cosmos above Bitcoin and Ether based on their technology.9985
Charles Hoskinson explains how Cardano will get to a trillion dollar market cap.23519
Cardano founder Charles Hoskinson said that Ethereum could have developed more smoothly with the addition of the Snow White PoS consensus.7984
Ethereum co-founder Charles Hoskinson believes Vitalik-centric approach hinders the development of the platform.31509
Charles Hoskinson names his 9 favorite crypto projects.18696