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Author Topic: What I see about Cardano (ADA)  (Read 928 times)
danminero (OP)
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October 03, 2017, 06:25:08 PM
 #1

What I see about Cardano: Most make judgments too fast. If you read a little, you would see that the currency, as a team of developers, has full-weight people, for example, an Ex-ceo of Ethereum, however, it is not a copy of ETC or any other currency.

On the technology side, I can not say much, but it is a currency developed from scratch and I did not find someone with knowledge who said that his proposal is garbage or something like that.

The good and informed criticism against this currency does not go against the intellectual capacity of the developers, their block technology or their project or route map.

The informed criticism that I found, not the superficial speculations that many who feel "experts" usually do, are addressed to questions of ethics, not the ability, especially the Ex-EoC of ETC that is behind this currency and some of the organizational practices that question whether this currency really seeks the benefit of investors or only the developers who would centralize the currency at their convenience.

But of that type of criticism nor the Bitcoin, now in hand of the "Core" escapes.

Be faster to get informed, slower to think and very careful to invest

We all want to clarify doubts and we do not need people who only stir the water and manage to make it more cloudy

Sorry for my English
niknik1966
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October 03, 2017, 07:06:17 PM
 #2

I think that if a coin was developed from scratch and mainly composed by developers, a specialist who developed the etherium, then perhaps it has already been working on errors and improved the algorithm. And progress is always good.

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JohnCardano
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October 06, 2017, 01:48:02 AM
 #3

Thanks for this. Cardano has indeed been built from scratch. It is a security focused blockchain that harnesses the latest research and engineering insights to build a platform suitable for the highest value applications.

Built on a foundation of peer-reviewed research created through partnerships with the world’s foremost universities, Cardano aims to create a platform for decentralised applications and smart contracts that can be processed with a technique called formal verification. This allows logical proof of the correctness of code and smart contracts, for those applications where value is high and security is paramount. Cardano combines this with an innovative layered approach that separates accounting of value from all other smart contract and computation activity.

This means functionality can be added to smart contract capabilities without changing the protocol responsible for Ada holdings.

Cardano has a very strong academic heritage and is the first cryptocurrency to have one of its academic papers accepted at Crypto 2017, the leading cryptography conference. IOHK have research centres or partnerships with many of the top global academic institutions including the University of Edinburgh and the Tokyo Institute of Technology.

You can look at the code, visit the Cardano Hub, or read the philosophy behind the project to learn more.
dagoz87
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October 06, 2017, 02:04:29 AM
 #4

Did not the coins from japan and target mid ages for retirement?

Coink Coink
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October 06, 2017, 06:20:07 AM
 #5

Thanks for this. Cardano has indeed been built from scratch. It is a security focused blockchain that harnesses the latest research and engineering insights to build a platform suitable for the highest value applications.

Built on a foundation of peer-reviewed research created through partnerships with the world’s foremost universities, Cardano aims to create a platform for decentralised applications and smart contracts that can be processed with a technique called formal verification. This allows logical proof of the correctness of code and smart contracts, for those applications where value is high and security is paramount. Cardano combines this with an innovative layered approach that separates accounting of value from all other smart contract and computation activity.

This means functionality can be added to smart contract capabilities without changing the protocol responsible for Ada holdings.

Cardano has a very strong academic heritage and is the first cryptocurrency to have one of its academic papers accepted at Crypto 2017, the leading cryptography conference. IOHK have research centres or partnerships with many of the top global academic institutions including the University of Edinburgh and the Tokyo Institute of Technology.

You can look at the code, visit the Cardano Hub, or read the philosophy behind the project to learn more.

Hi John!
I am a supporter of your project.
But the Cardano Foundation needs to do 3 things for Ada to succeed:
1) Clean the bad reputation from the past  2) do more marketing, way more.
3) And last but not least, give some gratification for those who hold Ada on the
Daedalus wallet to avoid dumping and promote holding.
Sincerely,
J.
faimloup
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October 30, 2017, 09:46:05 PM
 #6


Hi John!
I am a supporter of your project.
But the Cardano Foundation needs to do 3 things for Ada to succeed:
1) Clean the bad reputation from the past  2) do more marketing, way more.
3) And last but not least, give some gratification for those who hold Ada on the
Daedalus wallet to avoid dumping and promote holding.
Sincerely,
J.


Can you be more specific about cleaning the bad reputation. From what I have seen Cardano appears legit, technically sound, and rather advanced.


TradingIsBreath
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January 25, 2019, 11:10:30 AM
 #7

Cardano is a decentralized, open source project based on the blockchain technology.

It was created to bridge the gap between fiat currencies and digital currencies.

Essentially, the Cardano coin is designed to perform the functions of both cryptocurrencies and fiat currencies by leveraging the benefits of each system to overcome the challenges and address the deficiencies of the global payment system.

Cardano is showing good progress and transforming from the bearish scenario to the bullish. ADA has increased by around 6% in the last 24 hours, around 20% in the last 7 days.

With the market being volatile, predicting the cryptocurrency price is really one of the most difficult tasks.

The blockchain technology will gain more trust and traction from the users and If we talk Cardano especially, it can taste $2 this year. You can convert ADA to BTC from CoinSwitch at best rates
Stella_btc
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March 15, 2019, 11:17:18 AM
 #8

Cardano is a good currency. Its future is very good, now it is very low, it will be able to buy. So you can buy it. Now you can make a lot of profits at the end of 2019.Cardano is raising its potision in the list of alt coins on the current crypto market and I suppose that its fast increasing and growing volumes will support its features in the development in the future as well, you can Compare Live Cardano Price across all exchanges.

 Cardano is the cheap coin with good potential which has to be relised.According to Cardano, this will be the third generation crypto with the goal of overcoming the problems other currencies have encountered. It was designed with the aim of offering fast transfers as well as a platform for financial application
Jungleman88
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March 15, 2019, 11:46:52 AM
 #9

Ada is a good coin but it has a long way to go yet before it can be considered as a great project, so far it is built on hype.
funchiestz
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March 15, 2019, 01:52:28 PM
 #10

For years ADA! But they have been silent for a long time. I think they can move themselves to a higher league with a few good deals. Also, ADA needs to create some hype. For that it would be a little advert or bounty useful.
hellyah070
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March 15, 2019, 02:25:19 PM
 #11

What I see about Cardano: Most make judgments too fast. If you read a little, you would see that the currency, as a team of developers, has full-weight people, for example, an Ex-ceo of Ethereum, however, it is not a copy of ETC or any other currency.

On the technology side, I can not say much, but it is a currency developed from scratch and I did not find someone with knowledge who said that his proposal is garbage or something like that.

The good and informed criticism against this currency does not go against the intellectual capacity of the developers, their block technology or their project or route map.

The informed criticism that I found, not the superficial speculations that many who feel "experts" usually do, are addressed to questions of ethics, not the ability, especially the Ex-EoC of ETC that is behind this currency and some of the organizational practices that question whether this currency really seeks the benefit of investors or only the developers who would centralize the currency at their convenience.

But of that type of criticism nor the Bitcoin, now in hand of the "Core" escapes.

Be faster to get informed, slower to think and very careful to invest

We all want to clarify doubts and we do not need people who only stir the water and manage to make it more cloudy

Sorry for my English

In summary, you are telling that cardano can do nothing against bitcoin right? But let me give my opinion, the benefits and full potential of a coin doesn't rely on what it is. But to those who are using it and hyping it. If cardano's creator is doing much job than expected in order to market people, there will be an uprising of its market price.
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