What is Cardano (ADA) and Why is it on the Rise!

http://www.ThinkingCrypto.com A blockchain project with the coin ADA. Cardano is known as the “Ethereum of Japan” and the “Ethereum Killer” Cardano has actually been around since 2015. It’s a decentralized, fully open-source blockchain project that extends beyond ADA. Great whitepaper – suggest you read it! It’s was established by Charles Hoskinson, a co-founder of Ethereum, when he partnered with the Cardano Foundation. Heavily research-based approach consisting of “a global team of scientists and academics who have meticulously studied the blockchain space and what makes a coin successful.” If you’re familiar with Ethereum, you will recognize the term “smart contract.” Cardano aims to become an advanced smart contract platform—having invented a new Proof-of-Stake (POS) method called Ouroboros—offering more robust features than Ethereum and other protocols. So ADA coin, the cryptocurrency of the Cardano network, purports to offer deeper functionality—while also functioning quickly, efficiently, and cheaply (like Litecoin) and offering the same kind of ‘store of value’ we see in Bitcoin. All in one coin. Essentially it is a 3rd gen crypto which solves all issues the previous gens have. This is why I think it has lasting potential.

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What is Cardano (ADA) and Why is it on the Rise!

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