The Cardano (ADA) protocol is also known as the first invention of philosophical research.
ADA’s Outstanding Aspects
ADA has several similarities with Ethereum’s PoS method, but its high speed and effectiveness make it outstanding. Besides, ADA provides more enhanced aspects without withdrawing the initial decentralization intention of crypto.
While championing all the three big ones: Decentralization, Security and Speed, ADA tries to enhance proportionality forward with every publication. This corresponds well with the vision of its founder, Charles Hoskinson, who also emerges to be one of the Ethereum PoS project founders.
“What we have done with Cardano is start with asking ourselves what a blockchain is. Does a proof of work actually make blockchain secure? Is there a way to develop PoS with the exact similar outcome? […] Can we do things in a way where we can achieve classical performance with decentralization so that we are moving the trade-off profile in a certain way? […] Every time Cardano publishes a paper we are taking a step forward.”
The Creation of Crypto Trading Pairs: Cardano and Zcash
On 4th September 2018, Bittrex, one of the biggest cryptocurrency exchanges in terms of trade volume globally, declared their support to facilitate crypto/flat trading pairs for Cardano and Zcash. The news was communicated to the public via Bittrex official Twitter handle and later confirmed through email dispersed to its clients.
“Bittrex is excited to open two new US Dollar (USD) markets, Cardano (ADA) and Zcash (ZEC), on September 5, 2018! The approval process is fast and once approved you can trade all USD market Bittrex offers today and in future. When approved for USD deposits and withdraws we will reply with wire transfer instructions and you will enjoy industry-leading same or next-UD-business-day deposits and withdraws. Follow us on Twitter for new USD announcements and latest updates.”
The Impression of this Trading Partnership
ADA’s planning and project infrastructure generally spread even more. The Cardano Wallet specification will probably provide the best quality cryptocurrency wallet, which meets the set standards of operation.
According to IOHK CEO, Charles Hoskinson, these provisions can differ from what is longed for, for instance, the user interface but concentrate much on the communication blockchain-software.