Crypto Overview: Cardano – An open source, decentralized public blockchain, $11 Price Target
Token: ADA Launch Date: 2017 Consensus Mechanism: Ouroboros Praos – Proof of Stake (PPoS) Pros: Strong Development Team, Academic Backing, Multilayered for scalability and transactions, Open Source Cons: Smaller Ecosystem, Immature, Second-Mover Advantage vs. Ethereum, High Staking Participation, High Risk Cardano: is a public blockchain platform. It is open-source and decentralized, with consensus achieved using …
