Review on Cardano by Pedro O. Alvino M.
Modern multilayer system
Cardano, an interesting project in the world of crypto, was built from scratch to be the most practical and effective cryptocurrency network ever created.
Founded mainly in Japan, it began its development in 2015 and was publicly launched on September 29, 2017. Cardano Ada (ADA) tokens were made available for marketing on October 1, 2017. Since then, it has become one of the five largest cryptocurrencies by market capitalization, reaching a maximum of more than $ 1.3 billion US dollars on November 27, 2017.
Pros
- Open source project
- Your network supports a high volume of transactions
- Allows the development of smart contracts and decentralized applications
- First Blockchain project based on a scientific philosophy
- Innovative operation of its proof of stake algorithm called Ouroboros
- It has a modern multilayer network system
- Available in multiple recognized exchanges
Cons
- Some information limitations on the part of your different
