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Review on Cardano by Cuong Tan
Cardano is a full blockchain, engineered from scratch within the practicalโฆ
Cardano is a full blockchain, engineered from scratch within the practical programing language Haskell. IOHK employed philip Wadler, a principal designer of the Haskell language to figure on the Cardano project.
According to Hoskinson, as a result of Haskell is comparable to mathematics in its approach, code will be written additional precisely, leading to a safer and reliable protocol.
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Pros
- Cardano is being built by IOHK, who are an extraordinary technology company. They have brought together an international team of leading experts, academics and cryptographers to build Cardano over the the past two years, inspired by the best features of existing cryptocurrencies including Bitcoin, Ripple and Ethereum. This are many articles in the mainstream media that support this.
Cons
- Gradual decentralisation. It's a con for some people. For now - I like it. IOHK don't rush to throw it into people in a half-developed way. Like, Shelley is gonna be released throughout Q2 and Q3. I reckong kinda the same thing gonna happen in 2020 when IOHK steps-down (if not voted to continue development). But my concern here is that people will just get used to it (like with EF kinda way) and IOHK gonna be life-time "Owner" of Cardano, with biggest pool, and biggest treasury vote, and biggest say in everything. Or some other company will just overtake it after 2020 and actually recode for its own benefit.
