🟠 Asslam-0-Alaikum!
🔷️ What Is Cardano (ADA) and How Does It Work?
Cardano (ADA) is a third-generation decentralised proof-of-stake (PoS) blockchain platform that aims to outperform proof-of-work (PoW) networks. The fundament load of rising expenses, energy utilisation, and lengthy transaction times limits scalability, interoperability, and sustainability for PoW networks like Ethereum.
The relevancy of these issues to blockchain networks were recognised by Charles Hoskinson, co-founder of the proof-of-work (PoW) blockchain Ethereum, who began creating Cardano and its principal cryptocurrency, ada, in 2k15 and launched the platform and the ada token in 2k17.
🔷️ PRICE NOW AND IN THE FUTURE
If we look at the current price, it is significantly lower than it was a few days ago, when it was about 3.09 $ three dollars and nine cents, while it is currently only 2.20 US dollars. It's simply due to market dump.
This coin has come a long way in a short amount of time and is a fantastic effort. Its price has risen dramatically in recent days, and it was skyrocketing, but there is now a little difference in price due to the market crash.
🔷️ FuTure Price PredicTion
If we talk about its future value, I believe it will be quite high, and it is predicted that this coin will increase significantly. The ethereum killer currency is another name for this coin. And, just as the value of bitcoin and ethereum has risen, I believe it will continue to rise, and its value will be much higher in the future. In terms of next year, I estimate that it will cost around $10 US dollars.
⭕ Coclusion ✔
The steemit Pakistan team has taken a significant stride ahead. It will result in a huge rise in the amount of data collected on individuals. Our wonderful admin @haidermehdi put together a fantastic Monday, Tuesday, and Wednesday topic, from which we will significantly benefit. I had never heard of encrypted money before.
Following that, I do a lot of study on cryptographic money and other types of coins. Ethereum, on the other hand, is a source of enormous fascination for me.
my research, which gave me a lot of useful knowledge I'm grateful to the @steemi-pak group for this topic. It will significantly expand our perspectives. Our Steemit Pakistan community is about to grow.
Other Details:-
Topic | Monday - Crypto Theme |
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COMMUNITY | STEEMIT PAKISTAN |
Location | (OkARA) PAKISTAN |
AURTHOR | @malikusman1 ME |
AURTHOR PICTURE |
ACHIEVEMNT 1 LINK
https://steemit.com/hive-172186/@malikusman1/achievement-1-by-introduction-malikusman1
Cc:-
@steemit-pak
@haidermehdi
@hassanabid
@vvarishayy
@salmanwains
@rashid001
Allah Hafiz 🥰
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