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25 Karma

Review on Cardano by Con Ngon

Revainrating 4 out of 5

Cardano is a very promising project and a good altcoin. Its capitalization…

Cardano is a very promising project and a good altcoin. Its capitalization already reached $3 billion. Cardano uses a new programming language for smart contracts and the fact that the platform code is written not in C ++, but in Haskell is also curious.




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
  • Many speculators suggest that a pump is in place to artificially inflate this coin’s market cap.

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