Including theory in practice: Why Cardano expects a bright future

in #cardano6 years ago

Tells how the Cardano team achieves its goals and this is the reason why all the opportunities of this project are to take place Ethereum

In 2018 Cardano team has set itself the ambitious goal, including the introduction of a smart system of contracts, which, if successful, will offer a number of improvements over Blokcheynom Ethereum. Apart from this, the mechanism of the ownership of the team is working on the implementation of the mechanism, called Ouroboros, which is considered more reliable than the current options.

A former developer, Charles Hoskinson, Cardano, the real leader, often speaks about the alleged superiority of Ouroboros, and in April he said that "the problem is being solved.

In Cardano, it seems that, by the improvement of the smart contract and the achievement of the algorithm that is expected, they will be able to shift from the pedestal Ethereum default platform. Now it is trying to do a lot, but it is different from other cardano-wide networks of academic approaches, including investigations by researchers and construction experts.

Nonetheless, it turns into a rather slower systematic development, so many investors expect cardano progress with great impatience

A lot of 2018 new features have been planned on the first and second quarter - see that the team copes with the achievement of these goals

Cardano achievements in 2018

Test network running with a running virtual machine
The virtual machine is running the first test version of the May 28 Cardano
Virtual Machine Ethereum (EVM) Smart Contracting Blokcheyne Ethereum, Cardano, and is developing its own version of a system based on the «K» Programming Language (KEVM) Test Network Goguen is named - Scientific Information Science Joseph Gouguin Information In the honor of famous for its forecast of technologies development

Running the test network is very important, and for some time after starting the KEVM cryptocurrency Cardano, which is called ADA, started to increase the value against the background of a bear market. Given that this was the first live demonstration of smart contracts in the Cardano network

How to Buy Cardano Crypto: Step-by-Step Directions

One of the benefits of a smart system of Cardano - Financial Accounting and the separation of computing: In many cases, not everyone needs to know how much money is processed by the contract.

Features Purse Daedalus
Functional wallet is very important for any new currency but cardano purse still leaves a lot to be desired, and requires an expansion of its capabilities in the community. What's good, the team responds to the needs of the users: developers Cardano put a lot of effort into adding new features and optimizing display Daedolus purse.

Those who used this purse, remember that the synchronization process takes time, but in April, the update, optimizing the process designed. Also, the delayed purse has been detected by rebalance before, and it is still fixed

Now you can also use a paper wallet

Participation and international expansion
In this regard, Cardano is quite intelligent policy. For example, recently Hoskinson visited Africa and signed an initial agreement with the Ethiopian government to establish a training center and to attract local talent to work in Cardano

Road map is also a research center in Vietnam, which is specializing in the development of APIs and developer tools, there is no plan to install

A lot of potential in this approach

Ethiopia and Vietnam are in cheap life and therefore, low labor costs, and it has been found that a company with a relatively modest investment can rapidly expand the development base, the right technology owner

In addition, in these countries, high inflation, which means more probability for implementation kriptoekonomiki - is likely to develop on the basis of blokcheyna in the coming years, local demand for applications, and presence in these markets project Can be a boon for

Support of the development of Emargo and Cardano Cardano
Emurgo, the investment of the Cardano company in Japan, invests in the planning of actively creating applications for the startup system. One of them - specializing in securitization of Traxia, commercial and financial start-up unpaid bills

Emurgo also announced a partnership with Sirin Labs, which produced the smartphone Finney, which was designed specifically for users cryptocurrency - it will be built in support for ADA

Emurgo also announced a partnership with Tokyo University of Science - the company's experts will organize a series of campus lectures, designed to increase awareness of Cardano

Participation with Metaps
Cardano Metaps is additionally planning to integrate with one of the largest mobile platforms in Korea, which should increase platform fame. Apart from this, ADA owners can spend 33 thousand tokens of retail outlets across the country.

Best - come to rest
Expansion of network testing capabilities
KEVM is the basis for IELE virtual machine, which is scheduled to start on July 30th

The IELE is based on low-level virtual machine (LLVM), which should allow smart computing compiled written in different programming languages

Besides the possibilities: Sidechain and Quantum computing resistant to sign
Now or later, the test network will be the sidechain, the network-related transaction is complete almost Cardano (CSL), ie the main blokcheynom platform means if we think the road map, the implementation of the sidechain is in Cardano. This is an important element of scalability and, along with captions, is resistant to quantum computing, a long-term approach is an important example of the Cardano team

Proof of transit and share ownership for decentralization
Cardano's main aim of the team is a movement towards decentralization in the current state of development, and, as a whole, as a project, there is also a rigorous academic approach used. Consult with the result of financial experts in Cardano and explain the use of the system of incentives to use the principle of game play, and this work document how to avoid excessive centralization of the network will be released. This document should be released within the next month or two, and it will be described in detail how the new mechanism of consensus works

Further improvements and new abilities of purse
Although the most important of purses

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I have upvote you in your post please doo the same for me

Yes ada will rise soon

Woow nicely done bro but what new features he will like to know and can we mine the coin in feature .. i like to know ?

Support me plz i have new post tech news blog daily update come . Support me 😊

You got a 38.11% upvote from @steembloggers courtesy of @asknareshlive!

we are waiting to see boom in cardano...
but its touches its new low rates....

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