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1 Level
10 Review
17 Karma

Review on Cardano by Marion Kutlersi

Revainrating 5 out of 5

A very high level of security thanks to the use of the Haskell language and development processes called peer review

If you're interested in the biggest cryptocurrencies around, you must have heard of Cardano (ADA) before. Considered one of Ethereum's (ETH) biggest competitors, it got a lot of talk in 2018. Find out more about this altcoin in our comprehensive guide with Cardano price predictions. The goal of Cardano is to build decentralized applications (dApps) and smart contracts. It works very similar to ETH, but Cardano and ERC-20 coins are not the same type of tokens. With ADA, it should be possible to support a large number of transactions per second and be compatible with other blockchains. The goal is to get rid of all the unnecessary layers that are applied to blockchains, similar to the Lightning Network created for Bitcoin (BTC).



Pros
  • Extremely advanced architecture and technological stacks
Cons
  • A very complex system to understand and set up

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