1 Level
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Review on Cardano by David Adeleke
Cardano is a distributed platform based on block-chain technology. The…
Cardano is a distributed platform based on block-chain technology. The currency within the platform is an ADA token, which has quickly gained popularity and demand between traders and investors after launch. The price of the new cryptocurrency is increasing day by day. Through this project, we were able to enter the top 10 of the most capitalized investments in the block chain.
Pros
- The mining of Cardano currency has the following advantages. Provides an easy way to make money; It does not require the use of expensive hardware. Do not consume much electricity. It is stable in the process of generating blocks.
Cons
- It is impossible to make any transactions with cryptocurrencies and store them without a cryptocurrency wallet. The developers of Cardano have created their own digital wallet, which is only available on MacOs and windows . Considering that over 50% of people in the world uses android os, I wonder why that's not available.
