Every now and then we write about price. The last time was when ADA reached $0.60USD which seems a long time ago now. We don’t write about price often for a reason. Why? Simple. In the short term price discovery (the technical term for the market process of determining the value of an asset), especially…
Category: Musings
The environmentally sound option
Cardano ADA remains the premium option if you are concerned about the environmental impact of investing in cryptocurrencies. Proof of stake is approximately a million times more efficient than Proof of Work block chains like Bitcoin and Ethereum. It is just as secure, and processes transactions faster. If you’d like to learn more there is…
Amazon denied it but…
So you may have seen the news in the last week that Amazon were working to accept crypto currency payments, starting with Bitcoin. Accordingly to an insider quoted in the City A.M. article: “Ethereum, Cardano and Bitcoin Cash will be next in line before they bring about eight of the most popular cryptocurrencies online,” she…
A billion users
A recent article in City A.M. covering the Cardano aspiration for a billion users within 10 years caught our eye. A billion users, that’s a big number right? At the moment Cardano has about 1 million users based on active wallet data. So to hit a billion over 10 years requires a Compound Annual Growth…
Goguen and Alonzo?
The Cardano smart contract Era is almost upon us. And you may have noticed that the team behind the project have a fondness for naming phases of the project and specific releases after some of their heroes from the world of science, philosophy and mathematics. The project itself is named after Geralomo Cardano, a Renaissance…