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Review on Cardano by phuc nguyen
I also mentioned earlier that Cardano wants to address two hot topics: privacy…
I also mentioned earlier that Cardano wants to address two hot topics: privacy and regulations, by address, I mean they want to appeal to both.
How this is possible, I’m not quite sure.
In my opinion it definitely seems these two are quite conflicting since regulations have so far been synonymous with identification. Judging from the past, more often than not, projects tend to get pinched by the interests of governments and sway in their favour rather than prioritising privacy for their users. Maybe Cardano will be different? I sure hope so.
Pros
- No doubt, there are benefits to this which include: code that has been created from scratch written in a programming language that can facilitate large scale applications all while maintaining a level of security that is appropriate for securing funds has been thoroughly examined by great minds.
Cons
- Throw in a cryptocurrency that is trying to bring the best of both worlds and something’s gotta give. If you’re not sure what this is yet for Cardano, it’s easy to find in many of the recent publications. That’s the reminder that Cardano will take time to develop, it is a long-term investment at this point. For some, this might be a bit scary. Not only will you have to wait and see if the development will actually come to fruition, but also, will the updates and new releases come in time? Will Cardano still be relevant in two years from now? Will there be a “Cardano Killer” to come on the scene that finds a faster way to follow through? These are worries that can only be appeased by your own due diligence and research into the team, their philosophy and how they’ve proven themselves thus far. On the other hand, we’ve seen many crypto projects that have been hastily assembled, that have released improperly tested code, and that have been unable to follow through.
