End of year crypto roundup: How did Cardano perform in 2018?

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End of year crypto roundup: How did Cardano perform in 2018?
By Neer Varshney


Cardano is an open-source blockchain and smart contracts platform, supported by the namesake cryptocurrency Cardano (ADA). The project is a direct competitor to Ethereum, and the two organizations also share a co-founder between them — Charles Hokinson. Hokinson claims that Cardano has cracked the problem of scalability with blockchains through its ‘Ouroboros‘ proof of stake (PoS) algorithm. While many in the industry — including Hokinson’s former colleagues Ethereum’s Vitalik Buterin and EOS’s Daniel Larimer — are not amused by this claim, Cardano has managed to rise the ranks of cryptocurrencies rather quickly, to be one among the ten largest by…

This story continues at The Next Web


December 31, 2018 at 03:00PM
via The Next Web http://bit.ly/2VjLVzn

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