Cardano

Discussion in 'Digital Currencies' started by southerncross, Dec 10, 2017.

  1. southerncross

    southerncross Well-Known Member Silver Stacker

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  2. Teh silvers

    Teh silvers Member

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    That guy is way to smart for me to understand him.
     
  3. Reeve

    Reeve Member

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    Thanks for the video, one I wanted to look into. Are you in?
     
  4. SilverDJ

    SilverDJ Well-Known Member

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    I'm in.
    I think Cardano is one of the best bets for long term (several years at least) scaleable crypto transaction in the real world.
     
  5. Andy28

    Andy28 Well-Known Member

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    Feel like Cardano train left the station. Wasn't it only a week ago or so that it was 2 or 3 cents? I am sure just like Iota, it willl grow in the future, but the quick gains are probably done (at least for a while).

    Edit: 2 weeks ago.
     
  6. southerncross

    southerncross Well-Known Member Silver Stacker

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    I'm in, 10 cents to a dollar wouldn't be too hard I don't think.
     
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  7. Teh silvers

    Teh silvers Member

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    I'm in just got some. On Binance the withdraw button us unclickable. It says wallet maintenance.lol.

    Also the Deadalus wallet you need on you 64bit win 10 only pc for these is taking 40 mins to sync blocks so far and it's on 36%.
     
  8. southerncross

    southerncross Well-Known Member Silver Stacker

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    Yeah Binance can be a pain at times, I've stopped using them very much since they introduced/forced 2FA as my nearest Mobile coverage is an 80km round trip away. Just holding on an exchange for now as I also had the same wallet issues, only a couple of K worth so willing to risk it until I can sort the wallet out.
     
  9. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Have the Daedalus for Mac's
    Perfect functioning and synching.
    Transaction times for ADA very fast.
    Wish some other wallets performed so seamlessly.
    REDBACK
     
  10. SilverDJ

    SilverDJ Well-Known Member

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    3 Minutes for me to transfer into my Daedalus wallet, and 0.0005% ADA fee.
     
  11. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    I have decided to dip the toe into ADA, at 11c there is not really a lot to loose.
     
  12. Brendio

    Brendio Active Member

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    An academically verified proof-of-stake chain. Problem being solved is energy wastage of proof-of-work. At least that where I'm up to so far in my understanding.
     
  13. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Think you're late for the time being

    Was 2-3c only a couple of weeks ago and got its pump to where it is now. Not sure it will get another 5x pump like that so soon

    Check CoinMarketCap for current and maximum supply etc
     
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  14. dozerz

    dozerz Well-Known Member Silver Stacker

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    staking is still yet to start, scheduled for next year.
     
  15. leo25

    leo25 Well-Known Member Silver Stacker

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    Did a bit of reading up on Cardano and I'm not impressed. They have a lot of good ideas on what would be good, but very little backing up anything. Anyone can tell you some good ideas, the hard part is making it work in the real world. So far they are all just talk and hope.

    The video was a bit of a joke if you ask me. They gave no real technical details. But i guess in crypto world that's enough for it to be pumped.
     
  16. leo25

    leo25 Well-Known Member Silver Stacker

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    Aww sweet innocence and ignorance. :)
     
  17. southerncross

    southerncross Well-Known Member Silver Stacker

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    As of now cardano is the only crypto out there that has any sort of actual peer review process in place, as in 'Academic study' behind it.
    (University of Connecticut, University of Athens, University of Edinburgh, Aarhus University, Tokyo Institute of Technology).

    So rather than coming from the point of view of either geekdom or finance, it is being approached scientifically.

    Edited to add:

    " What is the Point of All of It?

    Cardano has been a marathon project involving feedback from hundreds of the brightest minds inside and outside of the cryptocurrency industry. It involves tireless iteration, the active use of peer review, and shameless theft of great ideas when uncovered.

    The remaining sections each cover a particular aspect of focus we have decided is a core component of our project. Some were selected due to a desire to improve the overall best practices of the space whereas others are specific to Cardano’s evolution.

    While no project can cover every goal or satisfy every user, our hope is to provide a vision for what a self-evolving financial stack should look like for jurisdictions that lack them. The ultimate reality of cryptocurrencies is not that they will disrupt the existing legacy financial systems. Legacy financial systems are always capable of absorbing change and maintaining their form and function.

    Rather one ought to look to places where it is simply too expensive to deploy the existing banking system, where many live on less than a few dollars a day, have no stable identity and credit is impossible to find.

    In these places, the power to bundle a payment system, property rights, identity, credit and risk protection into a single application running on a cell phone is not just useful, it is life changing. The reason we are building Cardano is that we feel we have a legitimate shot at delivering — or at least advancing — this vision for the developing world.

    If we can change the way cryptocurrencies are designed, evolved and funded, then there is a great accomplishment."

    https://whycardano.com/
     
    Last edited: Dec 12, 2017
  18. Teh silvers

    Teh silvers Member

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    23c nice.
     
  19. Reeve

    Reeve Member

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    ugh, waiting for exchanges to approve me, missing the boat on these.
     
  20. Teh silvers

    Teh silvers Member

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    It's happening! @ .48c
     

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