Advertise with us (we do not endorse any site advertised)

Author Topic: What is Cardano, and what makes it different from other blockchain platforms?  (Read 394 times)

0 Members and 1 Guest are viewing this topic.

Offline BlockchainxTopic starter

  • Newbie
  • Joined: Oct 2020
  • Location: Coimbatore,TamilNadu
  • Posts: 42
  • Country: in
  • Karma: +0/-0
  • Safe and Secure Blockchain Technology Service
    • View Profile
    • BlockchainX
Cardano is a public, open-source blockchain for building and running smart contracts and other decentralized protocols. The project was built from the ground-up by a team led by Charles Hoskinson, a co-founder of Ethereum. In contrast to many blockchains, Cardano did not kick off with a white paper. But it was the first blockchain to be peer-reviewed and developed by academic experts in the field.

2. Blockchain technology before Cardano

Hoskinson and others have been quite vocal on the shortcomings of the Bitcoin and Ethereum blockchains.
Bitcoin was created to eliminate a central authority in verifying transactions. Due to its simple design, it was very secure. But the Bitcoin blockchain was not modifiable and has few uses outside payments. Bitcoin is now referred to as a first-generation blockchain
Ethereum is commonly called a second-generation blockchain. Ethereum was created in 2015 as a platform for deploying smart contracts and decentralized apps. This enabled users to exchange money, property, shares, or anything of value in a clear, conflict-free way and still eschewed the need for a central authority. But Ethereum has run into such problems as high gas fees and scalability.Cardano is part of the so-called third generation in blockchain technology, which includes platforms like Polkadot and Cosmos. Aside from scalability, third-generation platforms like Cardano also seek to address interoperability and sustainability issues that plagued the earlier generations.
Safe and Secure Blockchain Technology Service Provider


AA Union Capital is world's leading VC fund for blockchain & cryptos investment

Started by FutureICO

Replies: 0
Views: 3847
Last post August 17, 2018, 01:37:56 PM
by FutureICO
VEIL leverages on blockchain technology to provide top notch privacy

Started by Dproxy

Replies: 0
Views: 3346
Last post May 20, 2019, 10:17:11 PM
by Dproxy
Enterprise Blockchain Solutions

Started by gchristophergloss

Replies: 0
Views: 2580
Last post May 30, 2019, 09:14:31 AM
by gchristophergloss
Blockchain Technology in NewzoneEX for Futuristic Commodity Trading

Started by NewzoneEX

Replies: 0
Views: 2793
Last post December 03, 2019, 01:06:10 PM
by NewzoneEX
The FaaS ( Finality as a Service ) Blockchain Architecture

Started by ataraxiaceleste

Replies: 0
Views: 1620
Last post July 28, 2020, 02:45:57 AM
by ataraxiaceleste

your ads here