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Review on Cardano by Shalini Saxena
Cardano the 3.0 blockchain
The ADA is the digital currency which is based on the Cardano platform. It can be said that it fuels the platform of Cardano. The developers believe that the ADA as digital money will give a glimpse into the future of the money.
The primary objective is to quickly and directly transfer the money along with security guaranteed through the use of cryptography. It also allows the users to operate the variety of smart contracts and the applications seamlessly. The Cardano can also be a great choice for various companies and organizations who majorly rely on the use of smart contracts.
Pros
- Cardano is said to be the first peer-to-peer system of the transaction which is based on the theories. These theories are tested scientifically. The developers of the Cardano have aimed to combine a system of the smart contracts of the Ethereum with the transactional properties of the Bitcoin.
- Cardano allows the user to add extra details and information to the transactions, unlike the other cryptocurrencies which only allow for the transfer of funds.
Cons
- Slow devlopment
- Price is more than 90% from Ath so many Investors stuck badly
