Review on Cardano by Muhammed Altın
my experience of cardano
What makes Cardano (ADA) so special?
The Cardano settlement layer (CSL) stores and calculates the price and can be an independent blockchain with a token known as ADA. This is what Bitcoin would look like if it was designed from scratch these days. Bitcoin's energy-consuming Proof of Work compliance mechanism has been replaced by the unquestionably secure primary Proof of Stake (PoS) rule designed specifically for Cardano. ADA users have privacy protections similar to bitcoin when they transact in CSL with much higher speed and processing capability as a result of the PoS rule. ADA is ready to be there for trading on stock exchanges in June.
and it could be a new generation blockchain that democratizes finance in emerging markets. Addresses the need for restrictive oversight while protecting client privacy and protections through an innovative overlay design. This software system stack is versatile and scalable and has been developed with leading rigorous educational and industrial software system standards. Cardano has a democratic governance model that will allow the project to flourish and a visionary treasury system to fund it sustainably.
Pros
- safe
- a very good investment tool for the long term
Cons
- compatible wallets limited
- not well known.
