This upgrade will pitch Cardano against Ethereum, which is considered to be its biggest competitor. The update is an important part of the …
Contents
Cardano Update
Cardano will hold their annual shareholders meeting on Tuesday, March 20, 2018. It will be streamed live here. The point of the event is to share the company’s strategy to continue the expansion of the Cardano project into new markets, such as payment systems and smart contracts.
The Daedalus update introduces a scalable framework that can adapt to the changing environment, and a framework that incentivizes new developers to continue developing the Cardano blockchain ecosystem. One particular feature of the update is Cardano’s unique referral system.
Why Cardano Could Be the Next Big Thing!
Cardano Update: Why Cardano Could Be the Next Big Thing! This upgrade will pitch Cardano against Ethereum, which is considered to be its biggest competitor. The update is an important part of the …
What’s in the update?
It is an essential update, that creates one huge benefit to Cardano holders as well as others — which is the Smart Contract. One of the significant problems with crypto currency is the same is always a problem — it runs on the computer and it is highly prone to glitches.
To lessen this, the updated Cardano will deploy a “smart contract” that can use many more layers and can also monitor other transactions in the cryptocurrency world. This way, users can have a user interface (UI) to view and execute smart contracts. The update will create an interface where there are multiple accounts in one account which can be owned by any party.
All these transactions will be automatically incorporated in the smart contract. This feature is currently live on Testnet.
Cardano’s Strengths
Before jumping to the next section, I’d like to provide a bit of a background on the project itself. Cardano is an open-source project spearheaded by the multinational computer …
Cardano Update: Making Cardano a Multi-Token Platform The two main issues with existing digital assets are the high barrier to entry and the lack of transactions security …
Cardano Update: Cardano’s Current Status Cardano has undergone several changes since we last mentioned it and today we’ll be looking at some of the last updates to the platform. …
Cardano Update: ‘Android Cardano’ The original Cardano Wallet (or ‘Achain Wallet’) is designed to let users create multi-token wallets. These wallets work with the existing Achain smart contracts to allow …
Dangers of the Cardano Project
Dangers of the Cardano Project A lot of people are asking me about the Cardano project. I have been a great fan of this project, but there is one … Cardano Update – The Cardano Project’s Next Big Breakthrough There has been a lot of hype about Cardano since its launch in 2017.
These are the biggest challenges that … Cardano (ADA) Trading Is Overlooked – An Undervalued Risk For Cryptocurrency Investors In this article, I will explain what Cardano (ADA) (“Cardano”) is, why this cryptobrand has a huge potential …
Conclusion
I think I’ll give up with Bitcoin for now. I will remain focused on Ethereum. This will give me an opportunity to evaluate and measure the reasons why I decided to invest in Bitcoin in the first place.
The upgrade of Cardano will be a key driver in deciding whether I want to keep my capital in Ethereum or sell it and invest it in the other crypto coins. This has become an increasingly important decision for me now, so I’m trying to gain more clarity on my crypto journey.
I’ll leave you with the last thought that came up for me when I contemplated this question: A sure way to lose money is by trading on emotion. I think this, coupled with a solid process, is the key to keep my emotions in check.
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