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    Home » How did Cardano perform in 2018?
    Cryptocurrency

    How did Cardano perform in 2018?

    Fabian OrtizBy Fabian OrtizDecember 31, 2018Updated:April 12, 2025No Comments1 Min Read
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    Cardano is an open-source blockchain and smart contracts platform, supported by the namesake cryptocurrency Cardano (ADA).

    The project is a direct competitor to Ethereum, and the two organizations also share a co-founder between them — Charles Hokinson.

    Hokinson claims that Cardano has cracked the problem of scalability with blockchains through its ‘Ouroboros‘ proof of stake (PoS) algorithm.

    While many in the industry — including Hokinson’s former colleagues Ethereum’s Vitalik Buterin and EOS’s Daniel Larimer — are not amused by this claim, Cardano has managed to rise the ranks of cryptocurrencies rather quickly, to be one among the ten largest by market capitalization.

    To read the original content written by Neer Varshney – Click here!
    Fabian Ortiz
    Fabian Ortiz
    Cardano
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