Cardano NFT Calendar
Cardano Blockchain
Cardano is one of the world’s largest blockchains, and it is gaining traction with world governments and states such as Ethiopia and Georgia to use the technology at the state level. This aids in the decentralization of governance and power, with the goal of instead empowering individuals. The Cardano cryptocurrency, symbol ADA, is named after the English mathematician and writer Augusta Ada King.
In practice, ADA can be used in the same way as any other cryptocurrency, but it has yet to achieve the same level of acceptance as Bitcoin as a currency capable of competing with fiat money.
With smart contracts already in place, Cardano’s future looks bright as it prepares to roll out its first generation of dApps. Activity on these dApps is increasing on a daily basis, and it is expected that Cardano’s more solid platform will take some of the wind out of Ethereum’s sails. Cardano is also projected to gain headway on Ethereum in the NFT arena, with marketplaces like Verlux aiming to be the blockchain’s counterpart of OpenSea and Rarible.
According to recent data, Cardano is second only to Ethereum in terms of development activity, demonstrating a trust in the network that will keep it around longer than some competitors.