Cardano’s blockchain infrastructure (ADA) is rising and making a promising ambiance for buyers
The first born of philosophical research – Cardano (ADA) protocol. The platform is very similar to Ethereum’s PoS mechanism, but offers advanced features with improved speed and efficiency without abandoning the original idea of crypto decentralization.
Maintaining the balance of the three big areas: decentralization, security and speed, Cardano seeks to improve proportionately with each release or article published. This is the true vision of its founder – Charles Hoskinson, who is also one of the people who started the Ethereum project.
“What we’ve done with Cardano is first of all to ask what a blockchain is. Does a proof of work really make a blockchain secure? Is there any way to create PoS with the exact same result? […] Can we do things in such a way that we can achieve classic performance with decentralization, so that we shift the compromise profile in a certain way? […] Every time Cardano publishes a paper, we take a step forward. “
Bittrex, one of the world’s leading cryptocurrency exchanges by trading volume, announced a few hours ago its decision to enable crypto / fiat trading pairs for Cardano and Zcash. His official account tweeted this and later confirmed it by email to his subscribers.
We’re rolling out more USD pairs. On September 5th we will start US dollar (USD) markets for Cardano (ADA) and Zcash (ZEC). Eligible #Bittrex accounts created prior to August are already enabled for USD trading. New user or want to deposit / withdraw USD? Details: https://t.co/KA248OA2Bz pic.twitter.com/pzCry5OdTr
– Bittrex (@BittrexExchange) August 29, 2018
Bittrex is proud to open two new US dollar (USD) markets, Cardano (ADA) and Zcash (ZEC), on September 5, 2018! …
The approval process is quick and once approved you can trade any of the USD markets Bittrex offers today and in the future. Once approved for USD deposits and withdrawals, we will respond with wire transfer instructions and you will enjoy industry leading deposits and withdrawals on the same or next US business day. Follow us on Twitter for new USD market announcements and the latest updates.
The overall architecture and project infrastructure are even more widespread. The Cardano wallet specification will most likely produce the highest quality cryptocurrency wallet that meets certain standards. These specifications may differ from expectations such as the user interface, but are more focused on the communication blockchain software. Charles Hoskinson, CEO of IOHK added:
“The publication of the formal specification of the Cardano wallet backend is an important milestone for us and for all cryptographies. You should require this standard for all protocols. “