How Cardano’s Ada, an Alternative to Bitcoin, Cracked the Crypto Market | WSJ

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How Cardano’s Ada, an Alternative to Bitcoin, Cracked the Crypto Market | WSJ

What you need to know about the popular altcoin.

The price of Cardano’s Ada soared this summer as it again became the third-largest cryptocurrency by market capitalization. WSJ explains what drove the surge and how the cryptocurrency differs from others like Bitcoin and Ethereum. Illustration: Tom Grillo/WSJ

WSJ Explains
News moves fast, and there’s not always time to untangle the complex forces driving the day’s biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.

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36 COMMENTS

  1. To summarize the above, running the entire VeChainThor network for a whole year is equivalent to:
    ≈Only 2.4% for mining a single BTC
    ≈Processing 4.3 BTC transactions (electricity consumption)
    ≈Processing 51 Ethereum transactions (electricity consumption) 99% greener than ADA.

  2. Most normie video ever. a shame a big media publishing stuff like "third generation blockchain" as if that thing actually exist. Level up guys

  3. Cardano is the future! It won’t be today, maybe not tomorrow but, you’ll regret not having invested in ADA in a year or two! Save this message to reread in a year!

  4. All the praise goes to 👆 for bringing my liver back up when I taught everything is gone am financially stable

  5. Just do something that will earn you money while you sleep, no matter how little. The pandemic is a perfect eye opener to really see how life can be without the usual income stream and everyone had to sit at home, well I never felt it because of my investment in a trading company where I earn 4 figures weekly. The best one can do for himself is to invest more and spend

  6. All the praise goes to 👆 for bringing my liver back up when I taught everything is gone am financially stable

  7. So many hackers on YouTube but ☝️different to another’s I can’t believe this real until I deal with him you are the best

  8. Who’s doing the research for this? A stake pool operator is similar, yet very different to a proof of work miner. The computing power required to be a stake pool operator is minuscule compared to that of a miner. Moreover, the computing power required to create blocks on a proof of stake system does not fluctuate as there is no difficulty adjustment. The probability of creating a block in a proof of stake system is determined by the amount of stake in your stake pool, not the amount of computing power you have.

  9. ☝🏽I would not stop working with ☝🏽☝🏽 because he has clean fast legit flips. Made millions from his service 👍!!!!!

  10. Decentralized apps are the tech of the future, and will always be so. Unless you’re trying to order a hit, you don’t need your app to be decentralized

  11. If Bitcoin’s only value is in its scarcity and you can create an infinite number of crypto coins than this is nothing more than a pyramid scheme.

  12. what planet are you living on? Cardano does not have a usable blockchain. if anyone can link to any project that currently works on cardano with more than 100 dollars locked ill give you a million dollars

  13. ADA is a revolution in crypto space, just not everyone is ready for it. I have already allocated 30% of my crypto investment budget on it and still buying more with spare tether on dips.

  14. 🎉Everyday i won’t stop thanking David Patrick ❤He is the best trader ever,When I met him I had a feeling he would be like everyone l’ve meet but he turned out to be so generous and genuine,I went from 4 BT C to 12 BT C,He is God sent,So Active 🚀

  15. So many hackers on YouTube but ☝️different to another’s I can’t believe this real until I deal with him you are the best

  16. ☝🏽I would not stop working with ☝🏽☝🏽 because he has clean fast legit flips. Made millions from his service 👍!!!!!

  17. I Think this break down is a great help to beginners because many that are into crypto loose money due to fomo. they enter too early or late

  18. Great work, Caitlin! Incredibly clear and concise. You are more than welcome to come to one of our DC Cardano meetings sometime. We just met Cardano’s founder and IOG CEO, Charles Hoskinson, last night at a reception at the Whittemore House, and I can tell you the future of the network is incredibly bright.

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