I just finished watching this in-depth explanation of the Cardano blockchain/ADA Coin
given by Charles Hoskinson, CEO of Input Output Hong Kong, and co-creator of Ethereum.
Cardano has been called the "Ethereum of Japan," and living here, and viewing this lecture, it isn't hard to see why.
Cardano is what Hoskinson calls a "3rd Gen Crypto"--one that focuses on important areas both Bitcoin and Ethereum fall short in. Namely, scalability and sustainability. Cardano aims to be a kind of trans-blockchain communication facilitator, which will allow different chains to communicate with one another, and also allow transactions to occur with the the old school banking model.
I cannot do this talk justice here with my limited understanding, so I will let you watch it for yourself.
ADA COIN ATMS ALREADY SHOWING UP IN TOKYO, TOO!
My wife has been telling me about ADA for a while now, but I hadn't paid too much attention. Now, I certainly think it is time to listen up. The Cardano folks have a wealth of information on their robust and detailed hub page, and the plan of attack is a long-term, well-thought-out and unique approach to crypto and blockchain technology. I am excited to see how this revolutionary blockchain, interface, and coin fare in the coming months and years.
As ADA is already being accepted at some stores here in Japan, and the Cardano team's game plan seems to focus on a full development status by 2020, I am wondering if this coin won't find a unique niché and application when the Olympics come to Tokyo that same year. At about 2 cents, still, it's not much of a gamble to scoop up a bit and find out!
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(This article is not to be construed as investment advice. I am just an amateur dude talking about things I like and/or find interesting. Invest at your own risk!)
~KafkA
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)
