కార్డానో ఎందుకు తదుపరి పెద్ద క్రిప్టో విజేత కావచ్చు: ఒక ఇన్‌ఫ్లుయెన్సర్ దృక్పథం

న్యూస్‌బిటిసి ద్వారా - 3 నెలల క్రితం - పఠన సమయం: 3 నిమిషాలు

కార్డానో ఎందుకు తదుపరి పెద్ద క్రిప్టో విజేత కావచ్చు: ఒక ఇన్‌ఫ్లుయెన్సర్ దృక్పథం

ఇటీవల లో వీడియో from the crypto-based YouTube channel Cheeky Crypto, the host underscores Cardano’s (ADA) approach, which separates it from its contenders, particularly its reliance on “academic rigor” and “research-driven development.”

Dropping out his reasons for being bullish on Cardano, the host highlighted the blockchain’s core use cases; starting in the video, the host defined Cardano as a proof-of-stake (PoS) blockchain platform developed using a “methodical, evidence-driven approach,” firmly anchored in the principles of “scientific research and academic thought.”

According to the host, the Cardano అభివృద్ధి team aims to “restore trust in the global economic system.” This involves creating technologies that “foster secure, transparent, and sustainable international business practices.”

Cardano To Become A Frontrunner

Diving deeper into the video, the Cheeky Crypto host disclosed that aside from advanced technology, the platform is also about making a “real-world impact,” especially in developing regions.

According to the host, the platform has initiated projects to provide financial services to the world’s “unbanked population,” which is estimated to be about $1.7 billion people. Cardano’s partnership with World Mobile in Africa is an example of such highlighting. The host noted:

They (Cardano) are working with projects like World mobile to connect more people to the world as well as in my opinion create new economies and change many people’s lives.

The Cheeky Crypto host also points out Cardano’s contribution to the decentralized applications (DApps) sector. With a keen “focus on security and scalability,” Cardano is creating a more stable environment for DApps., the host stated.

Discussing the blockchain’s functionality, the host identifies it as a “third-generation cryptocurrency,” addressing common challenges faced by “layer one blockchain adoption.” Pointing out these challenges, the host disclosed:

This issue covers a number of blockchain concerns including topics like scalability, interoperability, sustainability and security. So Cardano seeks to basically solve these issues through the development of design principles and engineering best practices.

Concluding the use cases the host highlighted that make him bullish on Cardano, he mentioned that initially, the blockchain could process only a limited లావాదేవీల సంఖ్య per second. The team developed Hydra, a layer-two scaling solution employing state channels for off-chain transaction processing to overcome this.

Hydra’s introduction marks a notable leap, enabling Cardano to theoretically handle over a million transactions per second, enhancing the network’s capacity dramatically. According to the host, these use cases are why Cardano could be one of the “front runners” in the crypto sector in the future.

Cardano’s ADA Navigates Bearish Waters

Meanwhile, despite these technological strides, ADA, Cardano’s స్థానిక టోకెన్, has been experiencing a bearish price action. Currently trading at $0.460, ADA has lost nearly 10% of its value over the past week. Analyst Ali has recently drawn parallels between ADA’s current consolidation phase and its pattern in late 2020.

According to Ali’s analysis, should Cardano follow its late 2020 trajectory, ADA could witness a substantial upswing, potentially reaching new highs.

# కార్డానోప్రస్తుత కన్సాలిడేషన్ దశ 2020 చివరి ప్రవర్తనను ప్రతిబింబిస్తుంది. చరిత్ర పునరావృతమైతే, మనం చూడవచ్చు $ ADA ఏప్రిల్‌లో దాని అప్‌వర్డ్ ట్రెండ్‌ను సంగ్రహిస్తుంది. ఈ నమూనా కొనసాగింపు సంభావ్యంగా $0.80, $0.60కి సంక్షిప్త దిద్దుబాటు, ఆపై $7 వైపు పెరుగుదలకు దారితీయవచ్చు! pic.twitter.com/RuRA2EDMNP

— అలీ (@ali_charts) జనవరి 19, 2024

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