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

Avsnitt(373)

What is a DAO? - Crypto in Plain English – Episode 29 - by cryptohunt.it

What is a DAO? - Crypto in Plain English – Episode 29 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we explain what a DAO ("D-A-O") is. You may remember our episode on Web 3 and its core promise ...

5 Nov 20211min

Yield Farming - or how to generate passive crypto income - Crypto in Plain English – Episode 28 - by cryptohunt.it

Yield Farming - or how to generate passive crypto income - Crypto in Plain English – Episode 28 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we explain what Yield Farming is or how to generate passive income with crypto. Yield farming i...

4 Nov 20211min

What the heck is staking? - Crypto in Plain English – Episode 27 - by cryptohunt.it

What the heck is staking? - Crypto in Plain English – Episode 27 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: What the heck is staking? Staking is the process of locking up tokens you own within a blockch...

3 Nov 20211min

What is a Liquidity Pool? - Crypto in Plain English – Episode 26 - by cryptohunt.it

What is a Liquidity Pool? - Crypto in Plain English – Episode 26 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: We explain liquidity pools. If you want to exchange one token for another, you have to have a ...

2 Nov 20211min

How does swapping tokens actually work? - Crypto in Plain English – Episode 25 - by cryptohunt.it

How does swapping tokens actually work? - Crypto in Plain English – Episode 25 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How you exchange one token for another. Let’s say you own a significant amount of one coin, an...

1 Nov 20211min

What is a dApp? - Crypto in Plain English – Episode 24 - by cryptohunt.it

What is a dApp? - Crypto in Plain English – Episode 24 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we explain dApps (“d-a-p-p-s”), short for decentralized apps. Unlike traditional apps that run...

29 Okt 20211min

What is a blockchain? - Crypto in Plain English – Episode 23 - by cryptohunt.it

What is a blockchain? - Crypto in Plain English – Episode 23 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we’ll explain what blockchains are. Blockchains are the underlying concept of all cryptocurren...

28 Okt 20211min

What’s the difference between crypto and credit card payments? - Crypto in Plain English – Episode 22 - by cryptohunt.it

What’s the difference between crypto and credit card payments? - Crypto in Plain English – Episode 22 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. You’ve probably asked yourself - now that you understand crypto, how does “old school” credit card mo...

27 Okt 20211min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-svart-marknad
uppgang-och-fall
avanzapodden
rss-dagen-med-di
borsmorgon
rss-inga-dumma-fragor-om-pengar
tabberaset
rss-den-nya-ekonomin
rss-kort-lang-analyspodden-fran-di
rss-borsens-finest
kvalitetsaktiepodden
bathina-en-podcast
24fragor
kapitalet-en-podd-om-ekonomi
svd-tech-brief
bilar-med-sladd