Review on Cardano by Dieu Dang

Name: Cardano
Item: Cardano
Rating: 5

September 16, 2018

The Cardano project may be a next generation blockchain, making a brand new…

The Cardano project may be a next generation blockchain, making a brand new localized economy, and democratising finance in rising markets.Cardano can address problems with each layer independently. This is similar to the communications protocol for the Internet, which uses several layers including an Internet layer for routing data to the appropriate destination, and an application layer for defining the protocols used to exchange the data.
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Pros

Of its many innovations, Cardano is the first blockchain to use a provably secure, proof of stake algorithm - the only one to have been academically peer reviewed by leading cryptographers through its acceptance to Crypto 2017, the world’s most prestigious cryptography conference. It was even covered in Forbes And can expect that to be an idea that would contribute to success of the project.

Cons

Their team is packed with academicians and scholars. Anyone remember Long-Term Capital Management?Nonetheless, the development of Cardano’s platform has been consistent and it is only a matter of time before the platform is proven and tested.