Review on Cardano by Anh Manh

Name: Cardano
Item: Cardano
Rating: 5

September 16, 2018

I definitely like Cardano and it seems to be one of the most intriguing…

I definitely like Cardano and it seems to be one of the most intriguing projects, because it is one of the only projects actually supported by research at the highest level. At the moment, investors have no interest, but many understand that now is a good time to buy.
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Pros

Of its many innovations, Cardano is the first blockchain to use a provably secure, proof of stake algorithm - the only one to have been academically peer reviewed by leading cryptographers through its acceptance to Crypto 2017, the world’s most prestigious cryptography conference. It was even covered in Forbes.

Cons

It's an experiment. Nobody knows what exactly gonna happen when IOHK steps-down (if ever). The whole thing is an experiment of the on-chain liquid democracy. A lot possible ways to go wrong in here.