What make Cardano (ADA) special? - Crypto in Plain English - Episode 60 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it20 Joulu 2021

What make Cardano (ADA) special? - Crypto in Plain English - Episode 60 - by cryptohunt.it

What make Cardano (ADA) special?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today, we talk about Cardano, one of the most popular blockchains out there.

Cardano was created in 2017 by a former founding member of the Ethereum team and it aims to solve the problems that Ethereum has with low transaction volumes and high transaction prices.

From a technological point of view, Cardano is not unlike other projects who have the same goal. It does, however, have a couple of unique ideas.

First, changes to the blockchain don’t just get voted on, they also get peer-reviewed. The idea of peer reviews comes from the science community, where ideas can only get published if they have been reviewed in detail by other scientists. The founder of Cardano, who happens to be a mathematician, hopes that peer-reviews will bring a more solid long-term approach to the blockchain’s development.

Second, Cardano also separates the basic layer of sending and receiving money from the smart contract layer. Think of it like going to the DMV to pay for the renewal of your car registration. Instead of waiting in line with everyone else until your number is called, there is an express lane for payments and you are in and out in no time. That also means that when major functional updates happen, the transaction layer of Cardano can keep working without interruptions.

And that’s what makes Cardano special! And tomorrow, we’ll talk about Ripple.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

Why are brands like Nike getting into Web3? - Episode 309 - by cryptohunt.it

Why are brands like Nike getting into Web3? - Episode 309 - by cryptohunt.it

Why are brands like Nike getting into Web3? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. In yesterday’s episode, we took a deeper look at Nike’s ...

7 Joulu 20223min

What is .Swoosh by Nike? - Episode 308 - by cryptohunt.it

What is .Swoosh by Nike? - Episode 308 - by cryptohunt.it

What is .Swoosh by Nike? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. Why is Nike, the popular brand, even a topic on this podcast? Well - you ma...

6 Joulu 20223min

Why are blockchains used for IDs? - Episode 307 - by cryptohunt.it

Why are blockchains used for IDs? - Episode 307 - by cryptohunt.it

Why are blockchains used for IDs? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. If you haven’t heard of IDs on the blockchain, that’s because it’s...

5 Joulu 20222min

What is Proof of Reserves (PoR)? - Episode 306 - by cryptohunt.it

What is Proof of Reserves (PoR)? - Episode 306 - by cryptohunt.it

What is Proof of Reserves (PoR)? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. Have you heard about the latest wrinkle in the stable coin space? O...

2 Joulu 20222min

Why is Sam Bankman-Fried still giving interviews? - Episode 305 - by cryptohunt.it

Why is Sam Bankman-Fried still giving interviews? - Episode 305 - by cryptohunt.it

Why is Sam Bankman-Fried still giving interviews? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. For today’s episode, we’ll stick with our topic fr...

1 Joulu 20223min

BlockFi and the “FTX Domino Effect” - Episode 304 - by cryptohunt.it

BlockFi and the “FTX Domino Effect” - Episode 304 - by cryptohunt.it

BlockFi and the “FTX Domino Effect” Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. You heard the term here first: The “FTX Domino Effect”. It's tim...

30 Marras 20222min

Who is Changpeng Zhao (CZ)? - Episode 303 - by cryptohunt.it

Who is Changpeng Zhao (CZ)? - Episode 303 - by cryptohunt.it

Who is Changpeng Zhao (CZ)? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. Changpeng Zhao, in crypto circles also known as CZ, has been making the ...

29 Marras 20223min

What’s the difference between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)? - Crypto in Plain English - Episode 302 - by cryptohunt.it

What’s the difference between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)? - Crypto in Plain English - Episode 302 - by cryptohunt.it

What’s the difference between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. By no...

28 Marras 20224min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
herrasmieshakkerit
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
rss-sami-miettinen-neuvottelija
leadcast
rss-lahtijat
rss-bisnesta-bebeja
rss-seuraava-potilas
sijoituspodi
rss-karon-grilli
rss-juurisyy-johtamisesta-kilpailuetua
rss-draivi
rss-johtoajatuksia