Cardano initial Tree Offering vs Shiba Coin swap .. Will ADA break out ? Where to Stake Cardano ?



if you are new, Join the Wallace Inc Telegram chat ! https://t.me/joinchat/7cy9p8TaDJZiYTYx

https://daedaluswallet.io/

https://iohk.zendesk.com/hc/en-us/articles/900004828803-How-to-pair-Trezor-T-with-Daedalus-

History
The platform began development in 2015 and was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum and BitShares.[9][10][11] According to Hoskinson, he had left Ethereum after a dispute over keeping Ethereum nonprofit. After leaving he co-founded IOHK, a blockchain engineering company, whose primary business is the development of Cardano, alongside the Cardano Foundation and Emurgo.[11] The platform is named after Gerolamo Cardano and the cryptocurrency after Ada Lovelace.[12]

The currency debuted with a market cap of $600 million. By the end of 2017, it had a market cap of $10 billion, and reached a value of $33 billion briefly in 2018 before a general tightening of the crypto market dropped its value back to $10 billion. According to Mashable, Cardano claims that it overcomes existing problems in the crypto market: mainly that Bitcoin is too slow and inflexible, and that Ethereum is not safe or scalable. Cardano is considered a third-generation cryptocurrency by its creators.[5]

Cardano is developed and designed by a team of academics and engineers.[13][14]

Technical aspects
Cardano uses Ouroboros proof of stake technology. In contrast, Bitcoin uses the proof of work system; the first blockchain entry and the longest blockchain (blockchain with the most computing power) is used to determine the honest blockchain. Cardano uses only the first blockchain entry, whereafter the honest chain is proven locally without the need of a trusted party.[15]

Within the Cardano platform, Ada exists on the settlement layer. This layer is similar to Bitcoin and keeps track of transactions. The second layer is the computation layer. This layer is similar to Ethereum, enabling smart contracts and applications to run on the platform.[5]

Atypically, Cardano does not have a white paper. Instead it uses design principles intended to improve upon issues faced by other cryptocurrencies, such as scalability, interoperability, and regulatory compliance.[16] It is funded by an initial coin offering.[14]

21 thoughts on “Cardano initial Tree Offering vs Shiba Coin swap .. Will ADA break out ? Where to Stake Cardano ?”

  1. <≤Thank you for your videos mate. I watch them and they are meaningful💥and love your content, most people don't understand the concept OF "buying the dip" buying the dip is all about buying digital assets when their price are down and selling off when the price rise. Holding is great, Trading is far more profitable. I was able to grasp the knowledge of trading crypto assets early enough, but I was still limited due to my lack of technical understanding of how to analyze the digital market, The market is very unstable and you can not tell if it's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 1.5BTC from 0.4 BTC in just August from implementing trades with tips and info from Christopher Nathan…

    Reply
  2. I own 23.1 mil shib. Made killer money last night. But I’m hodling and accumulating. It’s Not just a meme coin. Also has the largest community over 1 million. Ada x shib my biggest bags. Don’t wanna put all your eggs in one basket.

    Reply
  3. Trees 🌳 🌲 🌴 🌳 🌲 🌴 🌳 are great 👌👍 for oxygen & the environment and I plant trees also but every 3 months I smoke them but I plant more 🤣🤣🤣🤣🤣😎

    Reply
  4. Whales are dying off because they bought at .5 cents and selling at $2.25+ and moving their money to other projects that can 1-5Kx which Cardano CAN’T anymore at this point. Diversify your risks for possible big gains which whales are in a Financial position to do so

    Reply

Leave a Comment