Cardano (ADA) vs ID Coin (MYID) Comparison
On this page, you can compare Cardano (ADA) with ID Coin (MYID). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
| Company |
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User rating
| 7 user reviews | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
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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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My Identity Coin (MYID) was created with very singular and specific usability: to tag cryptographic blocks with a code that uniquely identifies its rightful owner.
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Type
| coin | No data |
Founding Date
| 2017 | No data |
Country
| International | No data |
Languages
| No data | No data |
Team
| Public | No data |
Protocol
| Public blockchain | No data |
Current price (USD)
| 0.8831 | No data |
All-time high (USD)
| 1.3300 | No data |
Price change (24h)
| 1.05 | No data |
Volume (24h)
| 20295599.27834 | No data |
Hashrate
| No data | No data |
Max Supply
| 45000000000.00000 | No data |
Total supply
| No data | No data |
Circulating Supply
| 45000000000.00000 | No data |
Transaction speed / Block time
| 50 | No data |
Transaction fee
| No data | No data |
Mining profitability
| No data | No data |
Algorithm
| Ouroboros | No data |
Proof type
| PoS | No data |
Fully premined
| No data | No data |
Smart contract address
| No data | No data |
Total coins mined
| 25927070538.00000 | No data |
Is trading
| yes | No data |
Block reward
| 0.000000000000 | No data |
Block time
| No data | No data |
| Company | ||
|---|---|---|
| User rating | 7 user reviews | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
| About |
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.
|
My Identity Coin (MYID) was created with very singular and specific usability: to tag cryptographic blocks with a code that uniquely identifies its rightful owner.
|
|---|---|---|
| Type | Type coin | Type No data |
| Founding Date | Founding Date 2017 | Founding Date No data |
| Country | Country International | Country No data |
| Languages | Languages No data | Languages No data |
| Team | Team Public | Team No data |
| Protocol | Protocol Public blockchain | Protocol No data |
| Current price (USD) | Current price (USD) 0.8831 | Current price (USD) No data |
| All-time high (USD) | All-time high (USD) 1.3300 | All-time high (USD) No data |
| Price change (24h) | Price change (24h) 1.05 | Price change (24h) No data |
| Volume (24h) | Volume (24h) 20295599.27834 | Volume (24h) No data |
| Hashrate | Hashrate No data | Hashrate No data |
| Max Supply | Max Supply 45000000000.00000 | Max Supply No data |
| Total supply | Total supply No data | Total supply No data |
| Circulating Supply | Circulating Supply 45000000000.00000 | Circulating Supply No data |
| Transaction speed / Block time | Transaction speed / Block time 50 | Transaction speed / Block time No data |
| Transaction fee | Transaction fee No data | Transaction fee No data |
| Mining profitability | Mining profitability high | Mining profitability No data |
| Algorithm | Algorithm Ouroboros | Algorithm No data |
| Proof type | Proof type PoS | Proof type No data |
| Fully premined | Fully premined No data | Fully premined No data |
| Smart contract address | Smart contract address No data | Smart contract address No data |
| Total coins mined | Total coins mined 25927070538.00000 | Total coins mined No data |
| Is trading | Is trading yes | Is trading No data |
| Block reward | Block reward 0.000000000000 | Block reward No data |
| Block time | Block time No data | Block time No data |
Social
Website
| www.cardano.org | okglobalcoinsg.com |
| Cardano | No data |
| Website | Website www.cardano.org | Website okglobalcoinsg.com |
|---|---|---|
| Twitter Cardano | Twitter No data |
Advantages
| Friendly Peer-reviewed technology Scalable | - |
Disadvantages
| Competitors in the same space Still in development Multiple chains | - |
Rating
| User rating | User rating 7 user reviews | User rating 1 user review |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages Friendly Peer-reviewed technology Scalable | Advantages - |
| Disadvantages | Disadvantages Competitors in the same space Still in development Multiple chains | Disadvantages - |
Cardano (ADA) user rating is 4.3, based on 7 user reviews. ID Coin (MYID) user rating is 3, based on 1 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
At the moment Cardano (ADA) price is 1.8831. Its 24h volume is 20,295,599.27834. 24h price change is 1.5.
Cardano (ADA) max supply is 45,000,000,000.0. The circulating supply is 45,000,000,000.0.
Cardano (ADA) transaction speed/block time is 50. Block reward is 0.0.
At the moment the number of coins mined is 25,927,070,538.0. Mining profitability is high.
Cardano (ADA) Cryptogeek user rating is 4.3, based on 7 user reviews.
ID Coin (MYID) Cryptogeek user rating is 3, based on 1 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
An important lesson: do not believe the news, study the topic yourself.
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Cardano (ADA) with ID Coin (MYID). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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