Cardano predictions: here's what ADA can do in the next few years

in #cripto4 months ago

Cardano is a decentralized blockchain platform, which adopts the Proof-of-Stake (PoS) protocol, allowing network users to generate passive profit via the staking mechanism.

The blockchain has recently started to support smart contracts, thanks to which it is possible to create various decentralized applications (dApps) on the Cardano network. Furthermore, the network also focuses on elements such as improving scalability, interoperability and sustainability.

Regarding scalability, Cardano is focused on increasing the transactions that can be performed simultaneously on its network, with the aim of being able, in the future, to manage up to millions of transactions per second, at the lowest cost.

Regarding interoperability, Cardano aims for correct communication between the thousands of blockchains that currently exist and hopes to use sidechains in the future to enable correct communication between all blockchains.

Finally, regarding sustainability, Cardano intends to continue offering cryptocurrency projects to be financed through a sort of cash integrated by transactions on the Cardano network.
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