Cardano (ADA) vs WAX (WAX) Comparison
On this page, you can compare Cardano (ADA) with WAX (WAX). 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.
User rating
Cryptogeek rating
About
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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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WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
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Type
Founding Date
Country
Languages
Team
Protocol
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Public blockchain
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No data
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
Hashrate
Max Supply
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45000000000.00000
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3770303327.00000
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Total supply
Circulating Supply
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45000000000.00000
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0.00000
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Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
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25927070538.00000
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No data
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Is trading
Block reward
Block time
Company |
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User rating |
User rating
4.3 / 5
7 user reviews
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User rating
5 / 5
1 user review
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Cryptogeek rating |
Cryptogeek rating
3.8 / 5
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Cryptogeek rating
0 / 5
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Trust Score
How it works
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Trust Score
4.39 / 5
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Trust Score
1.7 / 5
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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.
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WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
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Type |
Type
coin
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Type
coin
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Founding Date |
Founding Date
2017
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Founding Date
No data
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Country |
Country
International
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Country
No data
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
No data
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Current price (USD) |
Current price (USD)
1.1127
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Current price (USD)
0.0492
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All-time high (USD) |
All-time high (USD)
1.3300
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All-time high (USD)
5.0100
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Price change (24h) |
Price change (24h)
3.84
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Price change (24h)
0.00
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Volume (24h) |
Volume (24h)
58143499.98024
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Volume (24h)
0.00000
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Hashrate |
Hashrate
No data
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Hashrate
No data
|
Max Supply |
Max Supply
45000000000.00000
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Max Supply
3770303327.00000
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
45000000000.00000
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Circulating Supply
0.00000
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Transaction speed / Block time |
Transaction speed / Block time
50
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Transaction speed / Block time
No data
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
high
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Mining profitability
No data
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Algorithm |
Algorithm
Ouroboros
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Algorithm
No data
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Proof type |
Proof type
PoS
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Proof type
No data
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
25927070538.00000
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Total coins mined
No data
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Is trading |
Is trading
yes
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Is trading
No data
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Block reward |
Block reward
0.000000000000
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Block reward
No data
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Block time |
Block time
No data
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Block time
No data
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Social
Website
Twitter
Advantages
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Friendly
Peer-reviewed technology
Scalable
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-
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Disadvantages
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Competitors in the same space
Still in development
Multiple chains
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-
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Rating
User rating |
User rating
4.3 / 5
7 user reviews
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User rating
5 / 5
1 user review
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Cryptogeek rating |
Cryptogeek rating
3.8 / 5
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Cryptogeek rating
0 / 5
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Advantages |
Advantages
Friendly
Peer-reviewed technology
Scalable
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Advantages
-
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Disadvantages |
Disadvantages
Competitors in the same space
Still in development
Multiple chains
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Disadvantages
-
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Cardano (ADA) user rating is 4.3, based on 7 user reviews. WAX (WAX) user rating is 5, based on 1 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Choose other companies
At the moment Cardano (ADA) price is 1.1127. Its 24h volume is 58,143,500.98024. 24h price change is 4.84.
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.
WAX (WAX) price is 0.492. Its 24h volume is 0.0. 24h price change is 0.0.
WAX (WAX) max supply is 3,770,303,327.0. The circulating supply is 0.0.
WAX (WAX) Cryptogeek user rating is 5, 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.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
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.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Cardano (ADA) with WAX (WAX). 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.