Cardano (ADA) in short and numbers

Hellooooooow my fellow cryptopeople

Cryptophil here bringing you Cryptocurrencies in short and numbers!
If you don’t want to watch hours of video’s just check my steemit summeries.

Notice:

None of the information is financial advice, and should not be taken so!
I do my research, by going through pages and video’s who are available on the internet!

Today I’m bringing to you Cardano (ADA).

What is it
It is a multi-purpose, multi-layered blockchain and Decentralised Apps builder. The power is within the blockchain.
It’s a currency, wich you can trade.
It’s a protocol, a system.
A smart contracts builder, for companies wanting to build smart contract apps.
To build decentralized apps using the blockchain as a basis.

Pro

Superstar team – Team of 20 + former CEO of ETH!
Multi faceted nature
Fully open source, open for developers = highly valuable apps
Research – 100% new code, a totally new blockchain, better then ETH
Very long roadmap – Shelly Q2 2018 (next stage), incentives and virtual machines to build their platforms. Updating regularly with timer on their roadmap.
Cheap price

Con

High supply – 45bn – lower volatility
Not 100% unique – NEO, ESO, ETH similar
Slow project – low proof of value

Roadmap
• Cardano SL Mainnet launched – 100%
• Exchange enhancements – 80%
• Log submission mechanism – 100%
• Shelley – decentralized
• Open ouroboros delegation – 75%
• Multisignature transactions – 35%
• Redesign Wallet backend – 60%
• Consensus incentives and fees – 70%
• Quantum resistant signatures – 50%
• Light client support – 20%
• Human friendly addresses – 20%
• Networking – 50%
• Voting centre – 20%
• Paper wallets – 33%
• Release strategy – 50%
• Cardano stake pool registration
• Co-working space, Hong Kong
• Meetup for developers and enterprises, Tokyo
• Partnership with chinaccelerator and MOX
• Investment in a blockchain project, Shanghai
• R&D center, Vietnam
• Acceleration program in Hong Kong
• Distributed futures research
• Ledger wallet – 33%
• Debit cards
• Cardano software audit
• Sidechains – 50%
• Accounting model – 50%
• Plutus core language – 12%
• IELE – virtual machine – 50%
• Integration and implementation – 15%
• Smart contracts deployment & interaction
• Coguen testnet launch – 50%
• Next update within 20 days