3. Cardano (ADA)
Cardano is an Ouroboros Proof of Betting cryptocurrency, created by engineers, mathematicians and cryptography experts using research-based methods.
The project was founded by Charles Hoskinson, one of the five main founding members of Ethereum. After some disagreements over the direction of Ethereum, Hoskinson left and later helped create Cardano.
The team behind Cardano created its blockchain through long experiments and peer-reviewed research. zilches researchers from this project have written more than 90 articles on blockchain technology on various topics.
This research is the basis of Cardano.
Due to this rigorous process, regarding adoption of proof of stake, Cardano stands out from its peers.
Cardano is also known as Ethereum Killer because its blockchain is better than Ethereum.
However, it is worth noting that Cardano is still in its early stages.
Although it has surpassed Ethereum in the proof-of-stake consensus model, there is still a long way to go in terms of decentralized finance investment.
Cardano is a promising cryptocurrency, which aims to become the world’s financial operating system, establish a decentralized financial product similar to Ethereum, and provide solutions such as chain interoperability, election fraud, and legal contract tracking.
Open next page to continue reading
