Review on Cardano by Ferhat Tunç
My views on Cardano
Cardano can be described as a smart contract platform aimed at delivering more advanced features previously developed.
Cardano coin, also known as ADA coin, is liked and recommended by many users. It also has a large number of investors.
One of the highlights of Cardano, whose acronym is ADA, is the use of the proof of Stake algorithm called Ouroboros.
Apart from these, PoW requires energy-intensive computer miners to solve cryptographic equations before reaching consensus. POW has been proven to be a decentralized and secure consensus mechanism.
I discovered Cardano coini at a price of $ 0.08, and now it has gained a lot of value and is traded on exchanges at a price of $ 0.20.
When you say cryptocurrency, it sounds very good that the Cardano coin, which is in the top 10, comes to users ' minds.
In general, users see Cardano as better than Ethereum, but I would say that Cardano is a better stake mechanism than Ethereum, although in my opinion it is not better in volume.
Apart from that, I anticipate that Cardono will come to very good places in the future.
The most important factor that makes Cardano different from others, which also allows regulatory authorities, is that it is designed from the ground up to provide a secure and sustainable blockchain that can protect user privacy, so Cardano aims to be a blockchain used in large-scale applications.
He accuses Cardano of caring about privacy and security in users. I advise users who want to use Cardano coin.
Pros
- Cardano is a valuable and important coin known as a smart contract platform that aims to deliver more advanced features previously developed.
- Hıgh Securıty
- Innonatıve
- It became a coin that gained value.
- It has a large number of investors.
Cons
- I have no negative thoughts.
New products
Comments (1)
January 16, 2021
I think it is the most serious and scientific product in the crypto money exchange. The 3 companies behind the project really give confidence to the participants. With the feature of Stakin, people's interest will continue in the long run. The fact that the whitepaper is written in academic jargon attracts more attention. In this context, they have networked with many universities. There are also several academicians in their teams. It impressed me that he was so intertwined with the academic field. Obviously, this was the most important feature that attracted it.
