Cardano (ADA) – 2019 Bull Run – Will it Happen?

In today’s video, CryptoCurrently will cover the recent news of #cardano #ADA and discuss the possibility of a 2019 bull run.

We begin my taking a look at the newly released white paper from Cardano. This White paper details the Cardano Proof-of-Stake algorithm, and uses academics and science to prove its concept.

This type of in depth peer review of a PoS protocol has never been done before. Giving a high level of legitimacy to the Cardano Project. This release of the white paper, and the peer review of it are very exciting and very important updates to Cardano, but it is important to keep in mind that the peer review is vetting these protocols for academic rigor, and not their application in the real world. More details on this subject can be found here:

https://thenextweb.com/hardfork/2018/12/31/end-of-year-crypto-roundup-how-did-cardano-perform-in-2018/

Next we take a look at the integration of ADA into the TREZOR hardware wallet. This is a big deal for Cardano, as having a legitimate and secure way to store your ADA safely can spark new investment into the coin by those who waited until there was a secure way to store their investment. With the addition to the TREZOR wallet, support from the Ledger Nano S could be right around the corner, due to the similarities between TREZOR and Ledger.

This next link will talk about the addition to TREZOR as well as detail our next topic, i.e. more updates we can expect through 2019

https://toshitimes.com/trezor-hardware-wallet-now-supports-cardano-ada/

Some more updates we have to look forward to for the Cardano #blockchain include..

1) Advanced user mode – allowing for automated tasks and eventually smart contracts

2) FireFox Browser support

3) Haskell portability into browser applications

4) Blockchain Utilities

5) Lite- Client – running a wallet that doesnt require the entire blockchain

6) multi-signature client

7) adding additional programmers to the team to work on these updates.

So as you can see, Cardano will have a very busy Q1 of 2019, if they succeed in all they set out to do, the success this project can have will be astronomical.

LINKS:

https://www.investinblockchain.com/cardano-whitepaper-pos-algorithm/

https://thenextweb.com/hardfork/2018/12/31/end-of-year-crypto-roundup-how-did-cardano-perform-in-2018/

https://toshitimes.com/trezor-hardware-wallet-now-supports-cardano-ada/

Cardano (ADA) – 2019 Bull Run – Will it Happen?

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