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Review on Cardano by Long anh

Revainrating 5 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
  • Bitcoin’s energy-consumptive Proof of work accord mechanism has been replaced with the primary incontrovertibly secure Proof of Stake (PoS) rule, engineered specifically for Cardano.Ethereum uses the solidity language for programming smart contracts, whereas Cardano is developing its own language, but its focus is really to be interoperable with other cryptocurrencies.
Cons
  • Now there are a lot of rumors about Cardano, Litecoin and Ethereum and I think that you need to be very careful with this news, because half of them are FUD.where an attacker sends a transaction, forks the blockchain from one transaction behind the attacker’s transaction, and then rewrites the transaction to himself to double-spend the currency.

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