Cardano: A Trillion Dollar Ecosystem
"I want to build a trillion dollar ecosystem" - Charles Hoskinson, 2018
These are the words that got stuck in my head listening to Charles Hoskinson, founder of the Cardano project from an interview with @boxmining.
If you are looking for the next BIG thing, I encourage you to read more about Cardano and its token ADA. Already listed in the top 5 of CoinMarketCap and with an spectacular coming to fame, I think this could be a champion for 2018 and beyond.
What is Cardano?
Cardano is home to the Ada cryptocurrency, which can be used to send and receive digital funds. This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography. Cardano is more than just a cryptocurrency, however, it is a technological platform that will be capable of running financial applications currently used every day by individuals, organisations and governments all around the world. The platform is being constructed in layers, which gives the system the flexibility to be more easily maintained and allow for upgrades by way of soft forks. After the settlement layer that will run Ada is complete, a separate computing layer will be built to handle smart contracts, the digital legal agreements that will underpin future commerce and business. Cardano will also run decentralised applications, or dapps, services not controlled by any single party but instead operate on a blockchain.
Have you bought ADA already? Please share your thoughts about it in the comment section.
Thank you for reading.
Cheers!
That's pretty good
Good job👍🏼
I have watched the video previously, and although it is quite long I think that it is worth your time to watch if you are in ADA or are contemplating doing so. Charles and his team are rockstars. Shelly is expected to be rolled out sometime in Q2 this year, this will be a pivotal moment for the platform. Personally I have high hopes. Cheers J
Cardano is still so young, but it has so much to offer, i think it would be refreshing to see some applications, or dapps in a near future tho.