Cardano – An open-sourced, public blockchain with integrated smart contracts(achainofblocks.com)
achainofblocks.com
Cardano – An open-sourced, public blockchain with integrated smart contracts
https://achainofblocks.com/2018/09/15/basics-of-cardano-ada-simply-explained/
2 comments
Your passion shines through, appreciate your time reading the article.
I too agree that this technology will remain for the long term. As I talk about continually, this stage is about determining the best platforms and protocols to bring this technology to the masses.
I too agree that this technology will remain for the long term. As I talk about continually, this stage is about determining the best platforms and protocols to bring this technology to the masses.
It certainly has its flaws though. The roadmap moves really, really slowly (blame the peer-reviews I guess). I'm not saying it doesn't move at all, but we're 1 year into the project and it still didn't bootstrap out of the 3-party centralized consensus that it runs currently, i.e., we still haven't seen the Ouroboros consensus protocol in action at scale. Also, the most recent Cardano Foundation fiasco does not help, and it shows some mismanagement or miscalculation happened in the conception of the whole development/support ecosystem.
Nonetheless, it is a very exciting project and it is one of the few crypto-craze related projects that I think will prevail after all the dust settles.