Why Cardano Blockchain is The Best of The Best?!steemCreated with Sketch.

in #cardano3 years ago (edited)

Cardano Ecosystem March 2021.PNG

Why Cardano.PNG

Disclaimer: Do your own research. This is NOT a financial advice.

After doing some research on Cardano, this is my conclusion.
Why Cardano Blockchain (ADA) is The Best of The Best?!
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  1. Most Decentralized and Secure, Blockchain to date once D=0 end of March 2021.
  2. Fast, Robust, built to Scale, On-Chain Democracy through Voting, open to all.
  3. Great network stack, Metadata implementation in the industry. Extended-UTXO, fantastic UI/User Experience through Fullnode/Lightnode Wallets, Cold Staking through your Own Wallets.
  4. Hard Fork Combinator, seamless Upgrades/Hardforks.
  5. Built on Solid Foundations by some of The Best people in the industry, who have been planning and working on this for over half a decade.
  6. Decentralization Incentives, stable +/-5% Annual ROI paid in ADA after each Epoch (5 days) Without Required Hardware or Electricity, Without Required Minimum ADA, NO Lockup, so Everyone can Stake ADA, it's very easy. Cardano = Freedom.
  7. Cross Chain and Cross Code Communication for Interoperability with Little to NO Cons.
  8. Native Assets + ERC20 Bridge Converter. Done right, nothing like simple Wrapped Assets.
  9. Native Assets capable of benefiting from the EUTXO, integration with projects treated as First Class citizens, capable of using All of the Tools built on ADA, without Custom Integration and Smart Contracts.
  10. Fantastic well thought out Strategic Partnerships, with the goal of providing Global Decentralized Finance, especially to those who need it the most (Africa, Asia and Eastern Europe Deals).
  11. Verifiable KEVM Solidity Contracts. It will do everything Ethereum does, Better. Literally, more Secure Smart Contracts through K, without miners fees. Fast Transactions.
  12. Marlowe Framework, Smart Contract Deployment Without Code.
  13. Supply Chain Tracking.
  14. Tracking and Authenticity Validation On-Chain, for Verifiable Products.
  15. Own Smart Contract Language next to the KEVM.
  16. Plutus Smart Contract Language, in development for years by the same people who created Haskell, a Powerful Functional Programming Language, for Mission-Critical Software used by Entrepreneurs and Banking Systems over the world.
  17. Plutus Cross Language Support, multiple Smart Contract Languages, as Java and Go, anything can be added as a Supported Language, thanks to the Marlowe Framework. IELE think: (Java, lua, rust, C++, C# ..)
  18. Built to run Lightning/Hydra from the base Layers/Foundation.
  19. Decentralized Voting through the built in wallets, that provides Rewards as an Incentive to Participate and Use your Voting Rights.
  20. Community Voting for Funding projects from the built in Treasury, as Incentives for Developers to pitch their idea to the community before Receiving Funding. (Already happening, over 100 Million US Dollars in the Cardano Treasury and growing every Epoch.)
  21. Decentralized Re-Useable Identity, provided through use of Verifable Entities.
  22. 370000+ Total Stake Addresses.
  23. 2150+ Active Nodes/Validators/Pools.
  24. Over 70% Supply Delegated.
  25. Incredibly Strong and Passionate Community, focused on providing The Best and The Most Secure Tech in a User Friendly way, it provides Long Term Sustainability.
  26. Lower Energy Use (as compared to mined cryptocurrencies) and this is Extremely Important in a world, that is looking to Transition to Greener Systems.
  27. No need to shard layer 1. Sharding reduces Byzantine resistance from 1/2 to 1/3, introduces new attack surfaces and have to internally debate 16 parameters. Cardano debate Pledging and K, EUTXO and Smart Contracts on layer 1 are compatible with layer 2, unlike ETH.
  28. Customizable Transactions that works with potential regulation. You can turn Privacy On/Off, add Metadata as much as you want whatever you want, Identity On/Off, Smart Contract On/Off. Babel Fees and Multi Asset Bundled Transactions.
  29. Hydra, a second layer solution in Cardano, 1000 TPS per Hydra Head, with 2000+ Pools = 2 Million+ TPS. Hydra is based on a Well Researched, Peer Reviewed Paper.
  30. Research Program to work on Hardening Cardano Against Quantum Computers.

Moreover it didn’t implement Smart Contracts yet and they are already working with:

University of Edinburgh. University of Oxford. University of Cambridge. University of Wyoming. University of Illinois. University of Connecticut. University of Kent. Tokyo Institute of Technology. Athens University of Economics and Business. National Technical University of Athens. KU Leuven (Catholic University of Leuven) . The University of The West Indies. Ethiopian Government. Georgian Government. Mongolian Government. Government of the state of Wyoming (USA) .

IBM Research. GenTwo AG. New Balance. Celsius. Hyperledger. COTI Network. Metaps+. Wave. Vacuum Labs. Sirin Labs. Gimba Labs. ScanTrust. Shopify. Singularity NET. Bondly. Beef Chain. Blue Korintji Coffee. Alko Coffee. Runtime Verification. PWC. Wolfram Alpha. Ergo. Crypto Liquidity provider Algoz. Berkman Klein Center. Priviledge. And many others…

Peace & Love, from an early Cardano investor.

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