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Revainrating 5 out of 5

Cardano has been called Ethereum killed since its first launch as the idea…

Cardano has been called Ethereum killed since its first launch as the idea behind it is a state-of-the-art concept. With many great minds working on its development, this blockchain will evolve with many extraordinary features that do not only function itself but also other blockchains. However, the Proof of Stake algorithm chosen for Cardano is both an advantage and a disadvantage. PoS maybe more energy efficient than PoW but it does not ensure tight security. Although the idea of this project

Pros
  • - Cardano's source code is a fully open-source so any developers can build their projects on this excellent blockchain - Cardano utilizes Proof of Stake, which is more advanced than Proof of Work, as their consensus algorithm for validation - Their network is a two-layered system. The first layer is for recording transactions and the second is for deploying smart contracts. The way they separate their layer into 2 different layers helps them solve problems independently. - The project has been built from scratch by great minds making it evolves day by day. Cardano is the first project to be peer-reviewed by people with excellent academic profiles
Cons
  • - That Cardano uses Proof of Stake provokes the concerns of security as this consensus algorithm has never been really decentralized. Hackers can exploit this flaw to rewrite the transaction to double spend currency - The platform has been taking a long time to be completed making the community uncertain about the possibility of this project

Revainrating 3 out of 5

Cardano hit the crypto scene with promises of legitimising cryptocurrency and…

Cardano hit the crypto scene with promises of legitimising cryptocurrency and smart contracts by way of rigid peer review accomplished by expert engineers and researchers.

Pros
  • Fully open source, Haskell programming language, Over 30 developers, smart contracts that can handle enterprise level usage, Proof of Stake, supply of 45 billion ADA coins, Cardano is designed so transactions and data are on two separate layers.
Cons
  • Very big potencial but hard to execute

Revainrating 4 out of 5

Cardano is a decentralized cryptocurrency having good stand on market cap also…

Cardano is a decentralized cryptocurrency having good stand on market cap also team is much supportive. Due to its team efforts, it may have a bright future and will surely succeed in its future. also, there are many features which are useful for users.

Pros
  • Cardano is the best cryptocurrency which is having a good stand on the market also good rank in coin market cap. their team is much supportive and doing much hard work. In future decentralized applications are going to launch. roadmap is clear and they always update their roadmap.
Cons
  • wallets issues are probably seen. there are many coins better than this is marketcap so it may loose its position.

Revainrating 5 out of 5

If you believe in the potential of cryptocurrencies and the disruptive…

If you believe in the potential of cryptocurrencies and the disruptive technology of the blockchain, there is no doubt that Cardano needs to be on your radar. I believe the Cardano`s price is going to the moon

Pros
  • Cardano (ADA currency) is the third-generation open source project for crypto-coins. Bitcoin marked the first generation, Ethereum scored the second, and Cardano will be the third generation. The project has a strong team of researchers, scientists, engineers, developers, as well as big names already known in the market, such as Charles Hoskinson, co-inventor and former president of Ethereum. Cardano is more than just a cryptocurrency, however, it is a technological platform that will be capable of running financial applications currently used every day by individuals, organizations and governments all around the world. The team responsible for these blockchain implementations within Cardano is the IOHK company, which has been several times cited by Forbes magazine. One of the main characteristics of Cardano is its interoperability proposal, which aims to allow a direct connection between cryptomoedas and financial institutions, ensuring compliance and KYC (Know Your Customer). The Cardano project is being built already prepared for this new era, through a quantum resistant system, that is, that can not be broken even with quantum supercomputers. To ensure the long-term sustainability of the currency, part of the fees captured in transactions carried out on the Cardano network will go to a treasury, with the purpose of serving as a reserve of value to allow future investments in new implementations or disclosures of the project. The use of this fund will be voted by the entire community, opting for the best use of resources. At the moment, the ADA currency occupies Market Rank 9
Cons
  • Daedalus is a highly secure wallet for the Ada cryptocurrency; But Daedalus is not available for ios and Android.

Revainrating 4 out of 5

Cardano the 3.0 blockchain

The ADA is the digital currency which is based on the Cardano platform. It can be said that it fuels the platform of Cardano. The developers believe that the ADA as digital money will give a glimpse into the future of the money. The primary objective is to quickly and directly transfer the money along with security guaranteed through the use of cryptography. It also allows the users to operate the variety of smart contracts and the applications seamlessly. The Cardano can also be a great…

Pros
  • Cardano is said to be the first peer-to-peer system of the transaction which is based on the theories. These theories are tested scientifically. The developers of the Cardano have aimed to combine a system of the smart contracts of the Ethereum with the transactional properties of the Bitcoin.
  • Cardano allows the user to add extra details and information to the transactions, unlike the other cryptocurrencies which only allow for the transfer of funds.
Cons
  • Slow devlopment
  • Price is more than 90% from Ath so many Investors stuck badly

Revainrating 4 out of 5

Cardano review

Cardano offer hosting of dApps and running smart contracts similar to Ethereum, it has further improved upon the concept as it splits the computational and accounting parts of the ledger into different layers. Additionally, the base code is prepared for future upgrades, while keeping the integrity of the network. Coin supply is limited to 45 billion, expected to be reached in the year 2042. The blockchain of Cardano is an ongoing development project with the help of countless great minds from…

Pros
  • By splitting the accounting and computation layer, Cardano can be modified much more easily without destroying the network. The developers aim to solve existing problems with already good systems, thus allowing for wider adoption and the aim is to provide a relay station within Cardano, that will allow different blockchains to intersect and cross-communicate without the need for an exchange
Cons
  • While the idea of saving part of the block reward towards a common goal is beneficial for the network, the way it’s handled, and the potential voting system to allow for changes and further development of the blockchain, leaves grounds for speculation and the uncertainty surrounding the PoS model of consensus can also be disconcerting. It hasn’t been tested extensively, nor has it been proofed while having millions of users, so the potential for hacks or exploits is big

Revainrating 4 out of 5

Cardano

The Cardano platform comprises two layers – the Cardano Settlement Layer and the Cardano Computation Layer. Both of which are designed to offer flexibility for businesses to tailor smart contracts for their internal requirements and those of their consumers. Cardano Settlement Layer This is the Cardano network’s balance ledger. A proof of stake (PoS) algorithm is adopted here to create new blocks on the Cardano blockchain and authorise new transactions. It was designed and built by IOHK in…

Pros
  • Wholly open-source
  • Platform built using impregnable Haskell language
  • Smart contracts infrastructure capable of handling commercial level usage
  • Proof-of-stake mechanism allows for Cardano mining
Cons
  • Still a largely unproven platform
  • IOHK only contracted to develop network until 2020

Revainrating 5 out of 5

All in all I believe in this project and really am looking forward to what it…

All in all I believe in this project and really am looking forward to what it will bring to the crypto space. It has kept a consistency concerning its market cap positioning average and looks to only grow as it completes its road map.

Pros
  • Cardano, the first blockchain-based platform to emerge out of a research-driven approach. The introduction of a dual layered system which provides a more accurate and structured functionality on its blockchain. This is also backed by a strong team that has kept with their road map extremely well.
Cons
  • This is a long-term project and there are those that feel proof of stake is less secure than proof of work.

Revainrating 4 out of 5

The Cardano team has identified and is actively trying to overcome the gaps…

The Cardano team has identified and is actively trying to overcome the gaps associated with Proof-of-work and proof-of-stake currencies. The primary issues they are solving for are scalability, interoperability, and decentralization. The team has the right vision in my opinion. Recent attacks on proof-of-work coins and the inherent unscalability of first-gen coins (BTC) are laying bare the drastic need for this new approach. Cardano is not the only project being built toward this goal, but…

Pros
  • Solid team working on solving the inherent weaknesses of 1st- and 2nd-generation (BTC and ETH) coins. Understanding of the problems Good progress on the solutions Active development efforts
Cons
  • Adoption is the major hurdle to this and any altcoin or indeed, cryptocurrencies in general. Cardano has not secured any major 'killer-app' partnerships that promise to drive adoption. This is their major hurdle.

Revainrating 5 out of 5

the project is quite innovative and keep on this way as they have a community…

the project is quite innovative and keep on this way as they have a community of researchers on top of it. Cardano is developing an open-source smart contract platform, which aims to deliver more advanced features than other existing platforms. The project incorporates a research-driven approach. use Proof of Stake algo

Pros
  • great project, based on further researches. the concept of proof of stake fit better to speed network and rewarding project
Cons
  • many people reticent to the project

Revainrating 5 out of 5

Cardano's growth has been really exponential, with a technology so robust and…

Cardano's growth has been really exponential, with a technology so robust and strong that it can easily compete against Ethereum, which is currently the largest in the industry. As I mentioned its only negative aspect so far is its total supply, however, ADA marks a second generation Blockchain in general that promises great things.

Pros
  • Cardano is a platform made up of two layers: an establishment layer that serves to handle smart contract transactions, one of its founders is "Charles Hoskinson" who is one of the Co-founders of Ethereum and in 2015 with the Cardano Foundation created Cardano. The idea is to separate the accounting from the transactions of the same and the reasons why they are carried out. The establishment layer is the first layer developed by the Cardano team. The ADA symbol is the native cryptocurrency of Cardano, ADA is used to send and receive digital funds in the establishment capacity. In turn, Cardano allows decentralized applications also known as DAPPS that run directly in the block chain instead of a centralized server. Cardano presents a consensus stake test using an algorithm called Ouroboros to validate transactions. Ouroboros was developed by a team of cryptographers from multiple academic institutions. It is specifically designed to be modular, future-proof and flexible as a consensus algorithm over time. In a Stake Test algorithm, the participant who created the next block was selected randomly proportionally to the size of his bet in the coin. As Cardano uses a Stability Test algorithm it is NOT dependent on mining as the working test algorithm, like the use of Bitcoin.
Cons
  • The only negative aspect I can notice is an extremely high total of supply of a total of 45 trillion coins, so its value will not be very high even in the long term.

Revainrating 4 out of 5

Business ventures can take advantage of this separation to adapt the design…

Business ventures can take advantage of this separation to adapt the design, the privacy policy and the execution of each contract to their specific use cases. The team that has been dedicated to building Cardano has taken into account all of the important factors involved. They are trying to find a middle ground that balances the constant need for regulation with the core principles of privacy and decentralization within blockchain technology. This is meant to create a perfect balance that…

Pros
  • Cardano is an entirely new platform and Blockchain protocol that has been released as a cryptocurrency called ADA to the market on the Exchange of Bittrex. This release took place on the 29 of September last year in 2017.
Cons
  • The team that has been dedicated to building Cardano has taken into account all of the important factors involved. They are trying to find a middle ground that balances the constant need for regulation with the core principles of privacy and decentralization within blockchain technology. This is meant to create a perfect balance that will give the coin the space it needs to grow.

Revainrating 4 out of 5

After its launch, ADA surged over 30%, and claimed to be the fifth largest…

After its launch, ADA surged over 30%, and claimed to be the fifth largest cryptocurrency beating Litecoin. ADA’s current market position, is said to be due to its potential update reports. Potential investors are excited and very much looking forward to investing in it.

Pros
  • Cardano is the first blockchain innovation to have grown out of a result-driven approach and a scientific philosophy. The large programmers’ team has a selection of international expert developers and researchers.
Cons
  • Users are expecting more and greater results from the project since this is the first blockchain platform to have evolved from a scientific philosophy.

Revainrating 4 out of 5

The Input Output HK team is a private limited technology firm, which is under…

The Input Output HK team is a private limited technology firm, which is under contract to work for this project’s overall development until 2020. The founders of IOHK, Jeremy Wood and Charles Hoskinson, had both worked previously for Ethereum and then also managed the Ethereum Classic project (this blockchain was in the limelight right after the notorious DSO hacking. Ethereum Classic was immediately hard-forked from that blockchain).

Pros
  • Cardano is a decentralized cryptocurrency and blockchain project, which is open source. The project is involved in building a platform enabled by smart contracts, delivering state-of-the-art features rather than just a protocol that has been developed previously.
Cons
  • This allows users to check the date and time they made the transaction and also check the amount sent. This is a completely dependable blockchain platform created by its unique, scientific methodical approach.

Revainrating 5 out of 5

Cardano operates on a proof of stake model, using Ouroboros, the first…

Cardano operates on a proof of stake model, using Ouroboros, the first provably secure proof of stake protocol yet written. You can read this and the other academic peer reviewed papers behind Cardano at https://www.cardanohub.org/en/academic-papers/

Pros
  • Cardano\ADA has a multi layered protocol approach that has smart contracts much like Ethereum, but implemented in another layer so that it will scale well beyond what Ethereum is capable of.
Cons
  • Not high-speed platform. Idk for future possible changes in Basho, but afaik the whole project is not meant to be super-high-speed-performant in the EOS way. It's not exactly a trade-off, tho. It's just not really planned to be that way. But concern here is that it's hard to market it this way, if other companies gonna promise almost "a real-time blockchain"

Revainrating 4 out of 5

Cardano operates on a proof of stake model, using Ouroboros, the first…

Cardano operates on a proof of stake model, using Ouroboros, the first provably secure proof of stake protocol yet written. You can read this and the other academic peer reviewed papers behind Cardano at https://www.cardanohub.org/en/academic-papers/

Pros
  • The Haskell application programming framework will greatly simplify the creation of mobile apps for use with Cardano. IOHK the parent company of Cardano is also the developer of Ethereum Classic.
Cons
  • Cardano definitely seems like one of the most intriguing projects out there since it is one of the only ones that is actually backed by research at a top level. However, it's just got no interest at the moment with investors. Really needs to step up in terms of promoting, in my opinion.

Revainrating 4 out of 5

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.

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.

Revainrating 5 out of 5

Cardano will have a governance, voting and treasury model which will be…

Cardano will have a governance, voting and treasury model which will be implemented through next year. Users will be able to vote on what changes they want to see on the protocol. IOHK is a developer of the network until 2020 and has designed the network, though in the long term it will be the users that decide on its path.

Pros
  • The Cardano settlement layer (CSL) stores and accounts for price, and may be a standalone blockchain with a token known as ADA. It’s what Bitcoin would seem like if it were engineered from scratch nowadays.
Cons
  • Now there are a lot of rumors about Cardano, Litecoin and Ethereum and I think that you need to be very careful with this news, because half of them are FUD.

Revainrating 5 out of 5

Cardano is a decentralised public blockchain and cryptocurrency project and is…

Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. without any complane Ada is nice project.

Pros
  • Charles Hoskinson is the CEO, who was also involved with Ethereum in its development team. He was one of the original cofounders of Ethereum They are trying to make atomic swaps easier and hopefully remove the need for exchanges.
Cons
  • None of the planned features are currently in place cardano wallet support only 64-bit wind