“ Key technical features that distinguish Cardano from its L1 peers are its base protocol Ouroboros and its secure delegator-friendly design, the Extended Unspent Transaction Output (EUTXO) accounting model, the project’s Haskell base, unique Layer-2 (L2) solutions, and community focus.“.
“ Cardano’s design is fundamentally unique among most of its peers particularly as its design closely reflects a PoS-based, smart contract-enabled version of Bitcoin, due to the design of its base protocol and accounting model, rather than an iteration on Ethereum.“. “ Ironically, despite the ‘Ethereum Killer’ label, Cardano is actually far more reminiscent of Bitcoin, particularly with respect to its tokenomics, consensus protocol, and accounting style.“. This is in contrast to a ‘launch now, fix as we go’ philosophy employed by many Silicon Valley development teams.” “ With ambitious goals, Cardano recognizes the necessity for their infrastructure to run correctly the first time it runs. “ Cardano’s values have noticeably directed the project’s developments and design decisions, and as a result, the blockchain looks like it has been designed with the purpose and standards of providing decentralized, global, financial infrastructure rather than only focusing on providing a Web experience.“. “ Importantly, Cardano is very much a value-driven project, emphasizing community governance, academic peer-review, and the importance of high assurance programming.“. While the ICO-wave gained infamy from the number of overpriced assets that ultimately disappeared into crypto dust, Cardano finds itself among a subset of ICO Warriors that persisted the treacherous perils of a dark and quiet crypto winter - bloody, beaten, yet hungry for more.“ “ Cardano initially took on notoriety among a class of ICO-craze-driven projects in 2017 following the network’s launch. Here are some key highlights from Kraken’s report: After the introduction, the report examines Technology, Web3 Ecosystem, and Network Growth & Adoption. In February, Kraken Intelligence, the research arm of crypto exchange Kraken, released a 42-page highly impressive research report titled “Cardano: A new generation in smart contract platform design”. “ … Cardano is leaving no stone unturned to establish itself as THE democratic, energy-efficient, and accessible blockchain in the crypto space…“. “ Cardano also plans to significantly improve its transaction speed to more than 1 million TPS with the upcoming Hydra scaling solution, further increasing its potential real-world utility.“. “ … it’s also pretty convenient to stake on Cardano because there’s no lock-up period, and you can manage your assets directly through your own wallet.“. “ Cardano’s DeFi ecosystem is also rapidly expanding, bringing the vast options of decentralized finance to new audiences, thanks to its minimal gas fees.“. “ Although Cardano is not known for featuring NFTs, it is still clocking huge volumes, and could be a space to watch in future.“. 
“ … the energy consumed by Cardano is 99% less than the majority of other blockchains, making it a good option for long-term sustainability.“.
“ Cardano uses a unique proof-of-stake consensus protocol called Ouroboros to secure its network, special because it’s the first provably secure, academically-reviewed consensus protocol. Using this consensus mechanism gives Cardano a number of advantages over other blockchains.“.
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