Cardano (ADA) logo
Cardano (ADA) logo

Cardano (ADA) Price and Reviews

Expert Review
May 22, 2020

Cardano coin (ADA) is a cryptocurrency launched in 2017. The currency is based on the Cardano network. The leader of the dev team is Charles Hoskinson, an experienced developer who worked for Ethereum and BitShares prior to the launch of Cardano. Cardano is the first cryptocurrency to use academically peer-reviewed open-source code, which makes this project quite unique.

The consensus algorithm of Cardano is Proof-of-Stake. Cardano is usually praised for its high level of security and quick transactions. Cardano currency quickly gained value and became one of the top 10 cryptocurrencies by market capitalization.

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The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
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User reviews
expert 9 October, 2:05 PM

A lot of people doesn't see the potential of this project, because they "lack" the technolocial knowledge. The Cardano project is slow, but stable. A lot of "misstakes" and "slow-downs" happened when the Charles Hoskinson build the team and hired junior developers, which should built a new foundation for the Cardano crypto currency. Now years later this project comes to an end and with that a new innovativ crypto currency will overtake the market. Soon it will be possible to build smart contracts with Cardano and the max TP/s (transactions per second) will reach VISA/MC level. Switzerland, HongKong, Japan, close relationships to goverments all over the world and now they have a CEO that worked for PWC before. Cardano will not need other sites/services since everything will be handled by them. Their wallet should also become a multi-token-coin wallet. With the power of PoS the project will get a state of decentrilization that even the hash-rate Bitcoin crypto has never seen before.

Lydia Drake 6 September 2019, 8:51 PM

the Noteworthy project for the specialist and true researches. I would say, it’s like place for the searching of the new prospects of a blockchain. It’s useless for speculations and for those who’d like to earn smth.

Benedict Gana 6 September 2019, 7:02 AM

Cardano is not about the trading, I think. It’s special decentralization system like bitcoin or ethirium. But unlikely them, cardano can help earning money or playing on the market. At that moment, it looks like some project aims at developing blockchain technologies. I don’t know people who are really trading with that.

Related news
Country: International
Launched: 2017
Market cap: $ 5,493,353,564.5473
Supply: 31,716,821,960.435
Price (USD): $ 0.1732
Volume 24h: $ 5,525,987.84551
Change 24h: 7.98%
Algorithm: Ouroboros
Proof type: PoS
Total supply: 45,000,000,000.0
Total coins mined: 25,927,070,538.0
Is trading: yes
Block reward: 0.0
Cardano (ADA) logo

Cardano (ADA) Price and Reviews