#CardanoDebate , here you have an updated analysis of Cardano (ADA), one of the leading cryptocurrencies in the market.
Cardano is a third-generation blockchain, launched in 2017 by Charles Hoskinson, co-founder of Ethereum. It stands out for its focus on peer-reviewed academic research and the use of an evidence-based development model.
✅ Advantages of Cardano
1. Rigorous academic development: Much research and reviews before implementing updates.
2. Energy efficiency: Thanks to its PoS, it is one of the most sustainable blockchains.
3. Scalability: Hydra (layer 2 scaling solution) promises thousands of transactions per second.
4. Active development: Strong community and continuous improvements (e.g. Mithril, Marlowe).
❌ Disadvantages or challenges
Slow development: Its academic approach can slow down the implementation of functionalities.
Lower DeFi and NFT adoption: Compared to Ethereum, Cardano has a more limited ecosystem.
Fierce competition: Solana, Avalanche, and Ethereum are advancing more quickly in commercial adoption.
Cardano is a solid and technically ambitious project, ideal for long-term investors who value sustainability and a formal approach. However, its success will depend on its ability to accelerate ecosystem development without compromising its technical rigor.