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Cardano big bag of tricks Capable of Obliterating every other Blockchain

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Cardano
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There is no denying that Cardano Blockchain is based on an extremely unique concept. In fact, market analysts in the cryptocurrency space indicate that the ADA coin might very well surpass big time cryptocurrencies such as Bitcoin and Ethereum. But, could this be a fact or is it just another FUD that will cool down with time?

Well, a closer look at statements from Cardano’s founders on the project’s roadmap and future trajectory might prove the coin to be a contender. After all, the project has barely been around for a year and the possibilities for ADA to dominate the crypto space become clearer with every partnership and technological development.

Cardano going for the top spot

Granted, the Ethereum’s and Bitcoins of the crypto space are currently only popular for their sizeable market capitalization, however, there is less to show even for Bitcoin when it comes to real value. Charles Hoskinson puts it much clearer in a statement from an interview where he mentions that although “Bitcoin is advertised as a payment system and a means of Exchange” everyone who tries to use it ends up failing as the technology is still underdeveloped for real-world use cases and simply doesn’t work. In the case of Ethereum, Hoskinson believes that although “Ethereum claims to be a world computer,” the fact that it can be broken by Crypto kitties makes it a popular platform that lacks in practicality.

So if Cardano plans to take the crown and be the top cryptocurrency and Blockchain platform in the industry, it, therefore, goes without saying that the ADA Blockchain must be oozing with technological developments that are capable of making it stand in terms of utility? Right? Well, let us take a look at some of Cardano’s most innovative technological developments and partnerships that will propel it to the top spot.

Cardano’s Blockchain and Future advancement

Cardano is obviously paving the way for world dominance with a 50-year plan that stretches beyond the confines of the developed world and straight into untouched markets like in Africa as seen with a recent partnership with Ethiopia and even the Caribbean and South America. With the Ouroborous proof of stake protocol, not to mention a peer review concept, ADA’s Blockchain network is venturing into untouched territories. In fact, the technology behind Cardano is written in Haskell as on an open source platform that is fully decentralized making the platform secure, scalable and accessible to everyone.

In addition, Cardano is also the only cryptocurrency and Blockchain project based on scientific philosophy with a research-driven approach that is driven by a large global collective of engineers and research experts. This means that the platform can scale faster than its competitors that are only governed and controlled by a vulnerable proof of work concept.

In addition, Cardano has been working on new partnerships set to elevate its use and integration into various payment platforms, a good example is a partnership with Metaps Plus through EMURGO (a Japan-based VC firm).

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Blogs

Reasons Why 2019 May Be A Great Year For Crypto

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crypto
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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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3 Coins with the Largest Potential in 2019

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coins
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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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Do or Die: 3 Crypto Projects that Really Need to Deliver Soon

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crypto projects
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Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.

The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.

However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.

1) Ethereum (ETH)

Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?…

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