Why is the Cardano (ADA) more prominent?

in #crypto5 years ago (edited)

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Today

In the crypto market, which is full of projects, all show their own superiority as a big thing, one project that stands out and that is Cardano. Cardano stands out because it has never been hyped. Cardano continues to grow in strength and popularity. So what makes it stand out from the hype projects that compete with it. There are 2 factors that make Cardano (ADA) stand out on the market.

Research Becomes Top Priority

One of the factors that makes Cardano (ADA) stand out is its focus on research. Through the bearish crypto market, many projects announced developments as a way to increase prices, but Cardano was not so affected.

Instead of rushing to release updates just to increase prices, Cardano spent more time doing his research. The result is undoubtedly, every time Cardano makes updates, they are solid, and bring Cardano closer to applying in the real world.

Since energy and scalability issues have started to stand out in connection with POW mining, many projects rushed to announce that they have a highly efficient POS algorithm. However, most are not safe with security vulnerabilities and the risk of real centralized control.

Cardano (ADA) took a longer research route first, and emerged with the Ouroboros, the first POS algorithm that can be proven to solve security and decentralization problems. This is a big problem because it makes Cardano one of the few projects that allows the development of Dapps in a truly decentralized, safe and efficient environment. It took a long time to research the Ouroboros, but the impact was long-term, and more sustainable.

Emphasis on testing

After conducting research, the team behind Cardano continued research on testing. Before any updates were released to the public, he was thoroughly tested to make sure they function. IOHK and all the other teams behind Cardano (ADA) are not only in a hurry to let go of anything, only for weaknesses that will be found later.

This helped Cardano build a reputation that whenever something was released, it really worked. All are delayed until fully tested and proven to function. This is a characteristic of projects that are built for businesses, regardless of the daily crypto price movements.

With such strong fundamentals, Cardano appears as a project that has what is needed to be big in the long run. Maybe this time isn't very good, but it has a better chance of making it than most projects.

When communities become more receptive to the idea of ​​decentralization, projects that are ready to take on decentralized workloads such as Cardano (ADA) will develop rapidly. Cardano (ADA) can easily become the foundation for the creation of a fully functioning decentralized economy.

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