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Newcastle
1 Level
37 Review
1256.25 Karma

Review on Cardano by Jack Davies

Revainrating 4 out of 5

cardano blockchain

Cardano (its currency is ada) is one of the most important projects of recent years and has its own dedicated network (That is, like many currencies, it is not enabled on other networks such as ERC20).
The Cardano project could be one of ethereum's main competitors, as cardano offers smart contracts just like ethereum. This means that new projects can launch their currency with the help of the cardano blockchain.
Due to the popularity of ethereum and the fact that it was introduced earlier, I think we should look for reasons to show that cardano is better than ether, otherwise there is no reason to choose a cardano network, one of which is more secure network. Which is guaranteed with three layers.

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Pros
  • Speed and fee are better than ethereum network, so for example if I want to create a token, I prefer to choose cardano
  • Security is higher than ethereum
Cons
  • It is worse than ethereum in terms of rank in coinmarketcap and reputation

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