Why Elon Musk Believes Cardano ADA Will be $100 Soon | Price Prediction
Cardano uses an algorithm called Ouroboros to secure the blockchain with powerful evidence. It is designed exclusively to tackle the scalability problems of Bitcoin, Ethereum, and other blockchains gen1 and gen2. Though very different, with its focus on clever contracts, it resembles Ethereum more closely. It claims, however, to provide many advanced features on other blockchains. Cardano has a research-oriented approach to scientific philosophy and even reviewed his product by various universities before its publication.
While ADA coins can be stored in a leaflet, treasure, exchange, or almost any other wallet, it is called Daedalus. The native wallet is Daedalus. The Cardano Foundation, the Hong Kong Input-Output in Emurgo, and a wide range of partners and universities are supporting the project. To ensure the future of the project is healthy, Cardano focuses on functional programming, formal methods of development, and Prototyping.
#Cardano #Ada #Crypto
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